Bank

Spanish bank has made a “confiscatory” tax in Confetti for its party: 8.4 billion benefits

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8,487 million euros. That is the joint benefit of the six great banks quoted in Spain during the first quarter of 2025. 27% more than a year ago, according to The economist. The most striking thing is that they have achieved it in full application of the extraordinary government of the Government, to which They called “Confiscator”, “disproportionate” and “harmful to the stability of the financial system.” That tax has ended up being a mere accounting score. A cost that can be moved, adjust, deduce. In summary: overcome. Why is it important. Because it shows a historical constant: when trying extraordinary to financial power, it reacts extraordinarily effectively. And because he talks about systemic inequality: a citizen cannot choose when and how to pay their taxes, but a bank does. And you can even earn more money along the way. In detail. Of the 1.4 billion euros that the bank tax was supposedly costing this year, only 351 million have impacted the first quarter accounts. Not because it has been repealed. But because this year is prorated. The regulations allow deductions of up to 25% of the tax base, a circumstance that financial entities have taken advantage of to optimize their results. Bankinterdirectly, will not pay anything this year or the one that comes. Thanks to the deductions of the Corporation Tax, its fiscal invoice has been zero. CaixaBankthat does pay, it is almost the one that wins the most: +46.2% benefit. He Santander It reduces its tax burden of 74%, and earns 3,402 million. And the BBVAin a context of downward types, its results improves 22.7%. Between bambalins. The strategy is double: accountant and narrative. Accounting, the tax is fractional and make up with deductions. Narratively, the sector projected a resistance image. But the reality is that the tax has not altered the fundamental: Has not stopped profitability (Rote up to 20%). It has not reduced dividends. The business trend has not changed: in Spain, banks grow 48%. The banks expressed concern about the impact, but the adaptation of their fiscal strategies has considerably damping the effect they had planned. The backdrop. In 2024, The tax was loadedand the bank raised his voice. But since then they have learned to manage it. The new design gives them air. A “fiscal air” that allows them to continue flying although in theory they carry ballast in the form of extra tax load. In addition, this fiscal relief more than compensates for the setback in the margin of interest, which falls 3.95% due to the decrease of types. But The gross margin rises 8.31%thanks especially to commissions … already the aforementioned tax adjustments. In perspective. While the general economy looks at the Iribor of side and keeps inflation, the banking sector demonstrates adaptation to the fiscal environment. They have not only avoided the coup, but continue to meet objectives before shareholders and investors. And incidentally, they leave a message to the markets: not even before a sudden tax its benefits are stopped. Outstanding image | BBVA In Xataka | The sweet moment of Revolut: Duplicates his profits in 2024 and aspires to become a whole rule

The Supreme Court has just resolved who is responsible when you steal all your money for Phishing: the bank

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The Supreme Court has just failed in favor of users and against banking in one of the most recurrent issues in recent years: Scams through the Internet. He declares that banking is the main responsible in these cases of fraud, being forced to immediately replenish all money stolen from the client. It is not a user thing. The Supreme Court has confirmed A sentence issued on April 9in which the Civil Chamber rejected the appeal filed by Ibercaja against a resolution issued by the Provincial Court of Zaragoza in November 2022. In this sentence 571/2025 it is underlined that good banking practices require the activation of systems capable of detecting suspicious activities, as well as blocking or verifying high -risk operations. Almost 60,000 euros, back to pocket. Unless it can be demonstrated that the client acted negligently, the bank is obliged to assume responsibility and return the money immediately. In this case, Ibercaja Banco SA must reintegrate a client 56,474.63 euros stolen from his account through Sim Swappinga system to supplant our identity stealing the telephone number. Judge Manuel Almenar Belenguer uses the European Directive before payment servicesas well as the Spanish regulations, concluding that if there is no negligence, the user’s only obligation is to notify the bank about any type of unauthorized operation. The new jurisprudence. This case feels a fundamental precedent since it establishes that, from now on, the banking entities will be the main responsible in cases of Phishing banking. Consequently, they must respond for user -unauthorized operations, thus marking a significant change in customer protection against electronic fraud. “The advances of current technology make relatively easy to design ideal computer systems or applications to detect certain anomalies in the provision of payment services. Operations that, in the case of companies or companies with a concrete corporate purpose, can be described as ordinary, must immediately raise suspicions and give rise to an answer when they affect natural persons outside of such activity.” Banks will no longer have an excuse. Based on Judisprudence, it is stated that contractual clauses that exempt the banking entities of their responsibility with users regarding unauthorized operations must be declared knots. Until now, banks could hide in alleged bad practices carried out by the user, such as having introduced their data on websites or malicious links. After this sentence, they are responsible for any unauthorized operation. A plague with which the government tries to end. Scams per call and SMS are a plague. So much, that the Ministry of Digital Transformation It has been trying to put a brake over a year. He End of commercial calls It arrived in February 2025 under ministerial order, but this is just a tiny part in the cybethaf cake. False calls, Scams by WhatsApp, malware in stores like Google Play, Identity Supplant by SMS… tactics change and evolve to continue having an affectation and result. Recently, The Civil Guard dismantled a network of cybers allegedly led by a 19 -year -old student. User’s responsibility. Despite the additional protection that the clients of the entities will enjoy in case of cybetafa, it falls on the roof of the user not to fall into practices that can end up being considered as negligence. These have not established themselves, but it is worth not introducing our phone, personal email on the websites whose origin we are not clear. In case of using Android, we are also responsible for what we download and where we download it, as well as the permits that we give to the applications. Protecting goes beyond possible money subtractions: it is especially easy to end up giving all our data to cybers. In Xataka | Cybethafa with Word documents as a Trojan horse: how it works and how to protect your personal and financial data

Duplicate your profits in 2024 and aspire to become a full bank

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Revolution It is in full form. In your latest annual report –In Magazine format– He has been able to breastfeed with his achievements of the last 12 months. One of the most striking is that he has managed to double his profits in 2024, and has reached 1,000 million dollars, compared to the 428 million dollars of 2023. It is only one of the pearls of a report that makes clear other conclusions. Striking figures. Revolution It operates in a large number of countries, and the global revenues of the group arrived in 2024 at 4,000 million dollars (2,200 in 2023). There were two key factors here: the number of customers amounted to 38 to 52.5 million (38%) and in the use of its app, which is already the mobile application of finance number one in 19 European countries according to the firm. It already operates like a bank in many areas. Although he was born as a Neobanco, Revolution has not stopped taking steps to offer many of the options of traditional banks. Thus, in Spain They already havehe has LIKE BIZUM And it has install payments. It is even possible Pay IRPF and VAT Through the Neobanco. More and more money that reaches those accounts. Total customer balances reached 38,000 million dollars (66% growth) thanks to a strong increase in customer deposits and also in the firm’s savings products balances. This growth of 14.5 million new customers worldwide has undoubtedly helped the rest of the figures, and the striking thing is that the new customers of the retail sector arrive through mouth to mouth and the recommendations. Of course, the firm also invests in marketing: specifically, 591 million dollars in 2024. But a lot of growth margin. Despite this good situation, in Revolution they are clear: there are many future opportunities, because their penetration in key markets is around 15% of the adult population. As their own responsible explained in the report, there is “a considerable margin to continue growing.” They want 100 million customers in 2025. Revolution already operates with a bank license in 30 countries, but this year it has the objective of growing both in its presence in other countries and users. The objective in 2025, confess, is to reach 100 million users – would almost double the 52.5 of 2024, much ambition here. To do this, he will boost his business in countries such as Mexico or Brazil, where he wantsPrepaid Payments Instruments), which allows companies to offer services such as prepaid cards or electronic purses. Spain is already its third market. The report highlights how Revolution is already the third most important market for the company behind the United Kingdom and Portugal. In 2024 the firm made its customer base expanded at 1.5 million (4.5 in total), tripling the salaries into account a remarkable 215% and expanding the offer with paid accounts or the aforementioned transactions support with Bizum. Clearly aspires to be our main bank, and It has clear plans to achieve it. No stop offering news. Revolution’s plans follow a clear pattern of offering more and more financial products and options. Experiments such as ATMs at airports – which issue cards, no money– o The plans to launch mortgages They show it. And beyond there are future investment solutions, credit and loyalty programs Like Revpoints and Esits. It is clear: they go for all. In Xataka | Revolution and Finance begin to understand each other: it is already possible to pay taxes through the Neobanco

Revolution is doing in the bank the same as Netflix in entertainment or Amazon in retail: conquer from the margins

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That Revolution sets a 2.25% payroll account It is not news. The news is that it has taken so long to do so. This is the time when The so -called “Neobancos” complete their metamorphosis: from rebel alternative to direct competitorof complementary bet to total substitute. Traditional banking has been watching Revolution for years and company as irritating digital mosquitoes. Annoying, but not lethal. “They lack regulatory muscle,” they said. “They cannot give mortgages,” they argued. “People want branches,” they self -convent. Evil Timing. Meanwhile, 4.5 million Spaniards already have Revolution. The third largest population in Europe for Fintech. It only remains to close the circle: Mortgages on the wayNetwork of ATMs announced and now, finally, the payroll account. This is not a tactical movement, it is strategic. The Neobancos have followed a calculated trajectory: first international transfers (the weakest point of traditional banking), then the basic accounts, then the investments, and now the heart of the banking business. Until They accept Bizum and Friends of the Treasury have become. The rest will also come. They have applied The classic disruption manual: enter through the margins and move towards the nucleusfirst occupying the less protected spaces and advancing patiently to colonize the center. Traditional bank has always responded as the incumbents respond: underestimating, imitating late and bad, and finally panic. Do you remember what happened to the telecos after The appearance of the OMVs? The interesting thing about this moment is not that Revolution offers its 2.25%payroll account, but that we have reached the point where the differential between “Neobanco” and “Bank” is purely semantic. It is the moment that the disruption complete its cycle and the disruptor becomes the new established power. We saw it with Amazon in retailwith Netflix in entertainment and now we are seeing it with Revolution in Banking. The Revolution It is over, the post-Banco era begins, where digital entities are simply “banks” and traditional are vestiges of another industrial era. “After Picasso, only God!” Said Dora Maar, lover and muse of the Malaga painter. And after the Neobancos reach the throne? Surely, A period of concentration – we also saw it in the telecos –where the most successful Neobancos absorb the little ones. And then? A stage in which traditional banking is oriented to a more concrete customer profile than the current generalist: seniors and conservatives. The unknown is whether Revolution will keep its advantage – cultural and technological – once this transformation is completed. History lets us intuit that no: yesterday’s revolutionary is the bureaucrat of tomorrow. There is no need to think about ing. But until that time comes, we are going to see a fantastic show: that of traditional bank giants (some are over 150 years old) that are going to be displaced by those who less than a decade were startups in a Coworking. In Xataka | India has been moving away from international payment networks. It is a hard blow for the giants Visa and Mastercard Outstanding image | Revolution

The European Central Bank has been fighting for five years to literally create a “European Bizum”. Now has taken a key step

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Europe wants to have its own instant payments system. That would allow the dependence of the great market leaders, Visa and Mastercard, and strengthened the European financial ecosystem. And the plan begins to take shape with Bizum as a great protagonist. Bizum is looking for allies. As they point out In Electomistthe idea is to unify the payment systems that are currently working in the various countries of the European Union. Bizum, protagonist in Spain, has its twin schemes with Bancomat Pay in Italy and Sibs in Portugal. All of them now pose to be interconnected with a specially relevant reference. Wero, the German Bizum. The Instant Payment System It has been since summer 2024 being the great alternative in France (where they used Paylib), Germany (Giropay), Belgium and Luxembourg (Payconiq) and Holland (ideal). This project of the European Payments Initiative (EPI) is taking shape, and it can precisely be the other great component of that fusion of instant payment systems in Europe. The ECB wants a European bizum. Sources close to negotiations indicate that the project is on the table. To get ahead, we would have that giant of the instant payments that for years has tried to boost the European Central Bank (ECB). A long -sought project. Five years ago the European Commission He started looking that “European bizum” with the launch of the aforementioned EPI. In the project 16 great banks of Spain, Germany, France, Belgium and the Netherlands participated. A year later the figure amounted to 31 entities. The objective, offer a unified payment solution with a payment card and a digital purse. But that has gone through problems. The initiative was promising, but the slowness of its implementation and the excessive budget necessary to achieve this caused several banks to withdraw from the project. As indicated in the economist, the Spanish bank had to contribute 300 million to the initiative, something debatable if we consider that Bizum has existed since 2015 and has a massive acceptance. Spain, Portugal and Italy teach the way. Last year Bizum, Sibs and Bancomat Pay began working on connecting their platforms and making possible instant payments between these countries in the same conditions as to the national scale. It was also the result of the Bizum Union to the European Association of Mobile Payment Systems (EMPSA), which was the consortium of southern Europe. That alliance brings together 43 million users, of which 28 belong to the Spanish system. Germany, France and Belgium were looking for something similar. Something similar happened with the EPI and Wero, which interconnected the mobile payment systems of Germany, France or Belgium and wanted to become the European Payment System. Now both consortiums have approached positions and according to the sources mentioned there are options to end working on an interconnection of all systems. This looks good. It is not clear if the conversations will end with a single European system – will Bizum be called? Wero? – Or if at the moment we will work on that interconnection of all these applications separately, but of course these efforts can be the principle of something great and important for the European panorama of instant payments. It is already known. Union is strength. In Xataka | The arrival of the digital euro is inevitable: let’s say goodbye to anonymity

5 applications that you must immediately uninstall to protect your bank data

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The cyber scams They advance almost at the same time that a new alternative or digital security option arises. And if we believed that cybercrequence had “housed” in applications, emails, text messages and calls with the intention of obtaining personal and bank information, the scammers have found a new way of violating users through apps that have The intention to protect the user: Applications of type VPN. These types of applications, increased in recent years, have the objective of providing an “extra filter” of safety and tranquility to the user because they create a safe connection between a device and a VPN server in various processes such as the payment of a service or the purchase of a product. Protect your information to avoid being a victim of cyber criminals.Credit: Shuttersock Therefore, these types of apps help protect online privacy, hide the IP address from where a bank transactionaccess to restricted content by region as well as protect from cyber attacks. Given this series of benefits, more than one user has decided to make use of these apps with the intention of avoiding Data filtration. However, and ironically, these applications have also caused a large number of scammers to discover a new opportunity to make their crimes. Through apps that are passed through transparent and reliable platforms, Cybercriminals They have the opportunity to steal information. VPN applications that you should uninstall of your cell phone Before the increase of this kind of Cyberdelitesthe cybersecurity company Kaspersky He launched a warning to its users and the general population about various applications that have been identified as fraudulent or false: Maskvpn DEWVPN Paladinvpn Proxigate Shieldvpn Shinevpn According to Kasperskyonce the app It is installed on a cell phone, it becomes a proxy server that It allows the scammer to access passwords, bank history, sensitive information and personal data of the user remotely and without raising suspicions. The victims of the scammers are usually elderly or immigrants.Credit: Shuttersock For all the above, the company mentions that the first action for Avoid data filtration It is uninstalling any of these applications immediately from the cell phone as well as reporting it in the digital store where it was downloaded. Similarly, recommend using type applications VPN that are verified or that come from official companies in Cybersecurity. Continue reading: Tiktok, the Chinese global phenomenon that faces possible closure in the US. The woman who lost $ 850,000 was cheated by a Brad Pitt created with artificial intelligence Instagram and Facebook are updated to be more transparent in data verification (tagstotranslate) Applications

The Bank of Spain alerts a malware capable of “capturing bank credentials.” His name: Trickmo

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The scams and fraud are the order of the day. The one that most and the least will have received a called with a synthetic voice offering easy money, An SMS with a fraudulent link or a mail supplanting identity of some service or company. According to the Ministry of Interior, only in 2023 426,744 computer scams were registered, 27% more than in 2022, and the thing does not seem to go less. Scams and malware are the order of the day and today is the turn of talking about Trickmo, protagonist of The last alert of the Bank of Spain. Trickmo. That is the name that receives this peculiar malware. The Bank of Spain refers to him as “one of the last dangers detected”, but the truth is that It is not the first time that we hear about him. Trickmo is a Trojan with many variants, as explained by security companies such as Cleafy and Zimperiumand is able to record the screen, register single -use codes, grant permits and simulate the blocking or mobile pin. The goal? Banking keys, of course. According to the Bank of Spain, this malware “infiltrates mobile devices through malicious applications that we download or fraudulent links.” In the case of installing it, “Trickmo can have access to our SMS, capture bank credentials and access our accounts without authorization.” In addition, the agency points the following: “(…) There is a variant of Trickmo that” paints “a false interface that simulates the mobile screen, where it records the movements we draw on it to, in this way, obtain our pin or the unlocking pattern.” False screens generated by Trickmo | Image: Zimperium Affected. According to Zimperium’s analysis, the main countries affected by this malware are Canada, United Arab Emirates, Türkiye and Germany. For the map shared in the report, it seems that in Spain there have also been affected, but the percentage is minimal with respect to the four mentioned above. How to avoid it? The Bank of Spain offers some basic tips, such as maintaining updated software, not downloading apps from external sources to offices, Activate two steps authentication and pay attention to attachments and files. With regard to banks, most likely they never send links by SMS. In the emails and URLs, however legitimate that they seem, it is best to check the sender and notice that the “or” are not zeros, for example. And before the doubt, always consult with the bank. Cover image | Master1305 In Xataka | How to detect and eliminate malware with MSRT, the hidden Windows 10 and 11 tool

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