Monthly Archives: July 2021

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Jason Simon discusses why FinTechs are the best allies of B2B marketplaces

B2B marketplaces serve companies that sell to or buy from other companies. This opens up opportunities for all industries and their market is the world. As more companies channel their business through these marketplaces, transactions become more complex, and that's where FinTech as a Service (FaaS) comes in. Jason Simon, an expert on FinTechs and [...]

July 28th, 2021|Categories: News|Tags: , |

Jason Simon discusses how the global trade industry remains in a state of flux

The global trade industry was evolving at a regular pace for years, with innovation and technology being introduced that facilitated improved operations. The past couple of years, however, have been problematic for the industry, forcing new ways of thinking that are redefining international commerce. Jason Simon, a FinTech and global trade expert, explains how the [...]

July 27th, 2021|Categories: News|Tags: , |

Jason Simon offers insight into the relationship between cryptocurrency and global trade

Cryptocurrencies are digital currencies used for the exchange of goods or services. They were created as a result of the 2008 financial crisis for internet transactions; however, nowadays, not only electronic companies have accepted cryptocurrencies as forms of payment, but some companies such as Starbucks, Burger King Germany, Reeds Jewelers, Virgin Galactic, among others, also [...]

July 25th, 2021|Categories: News|Tags: , |

Jason Simon explains the difference between traditional banks and FinTechs

For years, consumers have tolerated the technological lag in traditional bank services. But with the rise of FinTech, they find themselves struggling to keep up and offer customers the innovation they crave. Many people have even come to wonder what the difference is and whether, in any case, the two should join forces to develop [...]

July 18th, 2021|Categories: News|Tags: , |

Jason Simon explains how FinTechs can help eCommerce businesses recover after COVID-19

FinTech companies have demonstrated that there are new ways to use and manage money, bringing greater agility, dynamism and security to traditional processes in different sectors, and therefore serve as a basis for promoting a culture of entrepreneurship and innovation. SMEs and eCommerce represent between 50% and 80% of a country's business fabric. This type [...]

July 10th, 2021|Categories: News|Tags: , |

Super App creator OMNi launches cryptocurrency support in Costa Rica

The boom in the sale and purchase of cryptocurrencies worldwide has generated considerable interest for companies in the industry. Costa Rica-based OMNi, which offers the first multi-service Super App in Latin America, has taken note. It has expanded its services related to digital currencies and has launched a solution in Costa Rica for the purchase [...]

July 7th, 2021|Categories: News|

Jason Simon explains how the US dollar’s dominance in global trade is wavering

For around 60 years, the US dollar has been the main source of currency used for international trade. This developed following the end of World War II and, since then, the US has been able to exert virtual unabated control over monetary flows. However, this is changing and Jason Simon, an expert in FinTech and [...]

July 7th, 2021|Categories: News|Tags: , |

Jason Simon describes the role stablecoins might play in the new digital currency ecosystem

The cryptocurrency space has been growing since Bitcoin first emerged in 2009, but there is still a lot of work to be done. One of the offshoots that was created from the introduction of Bitcoin was the stablecoin, which made its first appearance in 2014. Since then, they have gained considerable support and are now [...]

July 7th, 2021|Categories: News|Tags: , |

FinTech Expert Jason Simon discusses how commerce is changing due to digital innovation

Even though cryptocurrency hasn’t yet taken off the way it was originally intended, as an alternative to fiat, it is making progress. Across the globe, it is slowly finding its way into mainstream retail. However, even without having a dedicated presence as legal tender, the cryptocurrency ecosystem is still disrupting commerce in general as it [...]

July 6th, 2021|Categories: News|Tags: , |

Jason Simon discusses how cryptocurrency is disrupting fractional reserve banking

As the trend toward digital currency continues, one of the largest industries dedicated to controlling the financial ecosystem could be in jeopardy. Cryptocurrency continues to make huge strides toward acceptance and adoption on national and global levels, which will undoubtedly impact the traditional banking sector. Jason Simon is an expert on FinTech and cryptocurrency matters [...]

July 5th, 2021|Categories: News|Tags: , |
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