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Discover all the payments and fintech-related news and analysis about Turkey in The Paypers News, Reports, along with other Turkey-specific insights on the payments and fintech industry:

Discover all the payments and fintech-related news and analysis about Turkey in The Paypers News, Reports, along with other

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Banks in Turkey work together to launch single ATM network

News | Payments General | 19 Jan 2021

Turkey-based banks and state-owned lenders have been reported to be cooperating in a bid to create an ATM network that will put all Turkish ATMs under one joint brand.

Turkey, banks, partnership, product launch, ATM, transactions , lenders, ING

Turkish bank İşbank carries second pilot on cross border trade using blockchain

News | E-invoicing, SCF & E-procurement | 11 Nov 2020

İşbank and Commerzbank together with their corporate clients have jointly run their second international trade finance pilot transaction based on distributed ledger technology (DLT).

Isbank, blockchain, DLT, trade finance, Commerzbank, corporate clients, Corda, Marco Polo, Turkey

Crypto.com launches app in Turkey

News | Cryptocurrencies | 05 Nov 2020

Hong Kong-based Crypto.com has announced the release of a Turkish language version of its cryptocurrency app and exchange platform.

Crypto.com, cryptocurrency, Turkey, product launch, digital currency, blockchain

Akbank selects Featurespace's ARIC Risk Hub to boost fraud protection

News | Digital Identity, Security & Online Fraud | 22 Sep 2020

Featurespace, provider of enterprise financial crime prevention software has announced that Turkey-based Akbank has selected the ARIC Risk Hub to reduce fraud risk.

Akbank, Featurespace, fraud protection, partnership, Turkey, transaction decline, DVA Bilgi Teknolojileri, fraud detection, ARIC Risk Hub

BBVA Garanti completes the integration of Swift GPI pre-validation service

News | Online & Mobile Banking | 20 Aug 2020

BBVA Garanti has completed the integration of the SWIFT GPI pre-validation service, an international money transfer service developed by SWIFT.

BBVA Garanti, banks, SWIFT gpi, SWIFT, transactions , internet banking, banking, Swift Outbound Tracking Service, Swift Departure Tracking Servic, API

Turkey-based Mobilexpress raises USD 2 million

News | Online Payments | 17 Aug 2020

Mobilexpress has raised USD 2 million in a Series A financing round led by Collective Spark.

Mobilexpress, ecommerce, payment gateway, payment processing, funding

TPAY MOBILE acquires Turkey-based payment platform Payguru

News | Mobile Payments | 10 Jun 2020

Middle East and Africa-based mobile payment enabler TPAY MOBILE has announced the acquisition of 100% of the shares of Turkey-based payment service provider Payguru.

TPAY MOBILE, Middle East, Africa, Payguru, Turkey, Central Bank of the Republic of Turkey, CBRT, Competition Authority, mobile payments, ATM cash payments, merchants, mobile network operators, Turkcell, Vodafone, Türk Telekom, Ziraat Bankasi, direct carrier billing, mobile wallet, mobile money

DenizBank uses OneSpan's mobile app security solution

News | Digital Identity, Security & Online Fraud | 27 May 2020

Turkish bank, DenizBank, has selected OneSpan’s Mobile Security Suite to protect 2.6 million mobile customers across the bank’s mobile banking app MobilDeniz.

DenizBank, OneSpan, mobile security, mobile banking app, partnership, SCA, remote access, Turkey

Figopara secures USD 1 mln in financing round

News | Online & Mobile Banking | 11 May 2020

Turkey-based fintech Figopara has raised a million dollars in its second financing round.

Turkey, fintech, Figopara, IFC, The World Bank’s International Finance Corporation, Revo Capital, Endeavor Catalyst, SMEs, invoices, lenders, Akbank, Fibabanka, ING Turkey, Yapi Kredi Bank

Coronavirus changes buying habits in Turkey, InterBank Card Center says

News | Cards | 13 Apr 2020

InterBank Card Center (BKM) data has released research revealing that some 2.5 million contactless cards were used for the first time in March 2020 in Turkey.

InterBank Card Center (BKM), online payments, contactless payments, research, Turkey, coronavirus, COVID-19, debit cards, credit cards

Contactless payments via cards soared across Turkey

News | Cards | 20 Mar 2020

The Interbank Card Center (BKM) has observed that contactless payments via credit and debit cards have soared across Turkey in February and March 2020.

contactless payments, debit cards, credit cards, Interbank Card Center

Binance, Akbank to enable Turkish customers deposit fiat

News | Cryptocurrencies | 03 Mar 2020

Binance has launched a direct channel integration with Turkey-based Akbank, enabling users with a gateway that supports transfers between fiat currencies and digital assets.

Binance, cryptocurrency, crypto exchange, Turkey, lira, bank, Fiat, Akbank

Huobi becomes a member of the Blockchain Turkey platform

News | Cryptocurrencies | 20 Jan 2020

Cryptocurrency exchange Huobi has become a member of the Blockchain Turkey Platform to cooperate with local players on blockchain efforts.

Huobi, Turkey, local ecosystem, blockchain, cryptocurrency, digital assets, banking, finance, venture capitalism, exchange

Clear Junction, Paladyum announce fintech service to help Turkish migrant workers

News | Payments General | 10 Jan 2020

Clear Junction has signed an agreement with Paladyum that will allow Turkish customers to receive remittance transfers from the Turkish diaspora living in the EU.

Paladyum, Clear Junction, SEPA, Turkey, cross-border transfers, remittance, the EU

Turkey bans the use of crypto

News | Cryptocurrencies | 16 Apr 2021

The Central Bank of the Republic of Turkey has announced it is banning the use of cryptocurrency for payments throughout the country.

cryptocurrency, crypto asset, cryptocurrency exchange, regulation

Garanti BBVA partners with BlindLook

News | Online & Mobile Banking | 14 Dec 2021

BBVA’s Turkish franchise has partnered with BlindLook, a social enterprise that develops accessible technologies for the visually impaired.

BBVA, banks, partnership, online banking, mobile banking

Trendyol receives USD 300 mln investment from Alibaba

News | Ecommerce | 22 Apr 2021

Turkey-based ecommerce platform Trendyol has received an additional USD 330 million investment from existing partner Alibaba in a capital increase.

Trendyol, Alibaba, ecommerce

Turkish crypto exchange Thodex investigated over alleged USD 2 billion fraud

News | Cryptocurrencies | 26 Apr 2021

Turkish prosecutors have launched an investigation into Thodex, a Turkey-based cryptocurrency exchange, over allegations it may have defrauded some 390,000 investors of an estimated USD 2 billion.

cryptocurrency, cryptocurrency exchange, fraud detection, fraud management

Turkey plans central custodian bank to manage crypto risks

News | Cryptocurrencies | 30 Apr 2021

The Turkish government plans on creating a central custodian bank to eliminate counterparty risk following the collapse of the two cryptocurrency exchanges in April 2021.

cryptocurrency, central bank, regulation

Enterprise blockchain firm SETL acquired by fintech Colendi

News | Online & Mobile Banking | 27 Jun 2022

Turkey-based embedded fintech startup Colendi has acquired enterprise blockchain firm SETL, in which Citi was the largest outside shareholder.

acquisition, blockchain, fintech, startup, digital wallet