Monthly Archives: July 2021

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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: , |

Jason Simon explains why Mexican billionaire bank’s support of Bitcoin is a big deal

A recent announcement by one of the richest men in Mexico could have big implications for the cryptocurrency space. Ricardo Salinas Pliego isn’t just a multibillionaire whose corporation is involved in telecommunications, public services and more, but the country’s third-wealthiest man also behind one of the largest banks in Mexico. Jason Simon, an expert on [...]

July 4th, 2021|Categories: News|Tags: , |

Jason Simon provides expert analysis on why Latin America is anxious to adopt cryptocurrency

Over the past several weeks, a number of Latin American countries have been enacting or even signaling their interest in Bitcoin. Both El Salvador and Paraguay started the shift after voicing their intentions of legalizing Bitcoin, with El Salvador already leading the way. Jason Simon, an expert in cryptocurrency and FinTech, explains why Latin American [...]

July 3rd, 2021|Categories: News|Tags: , |

Jason Simon explains the importance of the new partnership between GoldConnect and BitPay

Latin America has arisen as one of the worldwide focal points for crypto selection. Only days after El Salvador allowed Bitcoin (BTC) to receive lawful status in the country, a main media communications supplier in the country reported that it will presently acknowledge digital currency payments. While this was to be expected, Jason Simon, an [...]

July 2nd, 2021|Categories: News|Tags: , |
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