Spain


FinReach extends digital reach to Austria and Spain

German digital account exchange provider FinReach has expanded into Austria and Spain – meaning its service is now used by over 500 banks in three countries. In Austria, FinReach has partnered with, amongst others, banking group Raiffeisen Austria, which includes 434 banks and has 1.7 million customers. In terms of the Spanish market, Self Bank, […]

IberCaja turns to Meniga for personalised digital banking

Spanish bank IberCaja has implemented and integrated Meniga’s digital banking solution into its core systems for real-time customer data processing. According to Meniga, it is the first personal finance software provider that IberCaja has partnered with as part of its digital revamp. Victor Iglesias CEO at IberCaja, says the agreement is an “important milestone in […]

Alastria blockchain consortium springs up in Spain

A variety of Spanish banking, energy and telecommunications companies have established Alastria, the “world’s first regulated national network based on blockchain”. The non-profit consortium will develop distributed ledger technology (DLT), which it believes is “set to become the new data exchange ecosystem”. As reported in May, the group created Red Lyra, the “first multisector technology […]

Crowdfunding platform OurCrowd moves into Spain

Israeli equity crowdfunding platform OurCrowd has furthered its global expansion by opening an office in Spain, reports Julie Muhn at Finovate (Banking Technology’s sister company). The company’s founder and CEO Jon Medved has identified Spain and the Iberian region as one of OurCrowd’s “priority markets” since Madrid is in the heart of Europe and a gateway […]

Banco Santander makes Mioti move for IoT education

Banco Santander, through Santander Universities and Fundación Universia, will work with internet of things (IoT) institute Mioti to provide training grants and courses in the growing IoT sector. Madrid-based Mioti, “the first 100% IoT institute in Spain”, is a place for companies, entrepreneurs and start-ups to develop their ideas. Banco Santander becomes one of four […]

Facebook feels sharp end of Spanish privacy stick

Facebook has been slapped with a fine from the Spanish data protection watchdog for inappropriately collecting and using personal information on some of its Spanish users, reports Telecoms.com (Banking Technology’s sister publication). The fine, although a bit of a meagre one, is for violating Spain’s Organic Law on Data Protection (LOPD), with the Spanish data […]

BBVA warns of “dangerous bubble” for blockchain ICOs

BBVA reckons the fever for initial coin offerings (ICOs) in blockchain must be cooled as the industry is facing a “dangerous bubble” driven by speculation. ICOs are a common story in fintech at present and they allow small businesses to reach a large audience via blockchain and cryptocurrencies. (And BBVA has its own interest in […]

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