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Find here all the latest articles, news, and research on Bulgaria and other Bulgaria-related topics:

Find here all the latest articles, news, and research on Bulgaria and other Bulgaria-related topics:

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TBI Bank partners Onfido to add to onboarding process

News | Digital Identity, Security & Online Fraud | 16 Feb 2021

Bulgaria-based TBI Bank a phygital lender, has announced its partnership with Onfido, a global identity verification and authentication provider.

TBI Bank, Onfido, banking, onboarding, KYC, Bulgaria, ID verification, ai id, partnership, securing transactions

Fibank teams up with Mastercard to launch e-wallet

News | Mobile Payments | 08 Feb 2021

Bulgaria-based Fibank has teamed up with Mastercard to launch the MyFin e-wallet.

Fibank, MasterCard, partnership, product launch, Bulgaria, Europe, e-wallet, MyFin, AUSTRIACARD, cards, mobile payments

Ecommerce in Europe to account EUR 717 bln in 2020

News | Ecommerce | 10 Jul 2020

An ecommerce research has revealed that ecommerce is expected to be worth EUR 717 billion in 2020, meaning a 12.7% increase compared to 2019.

Ecommerce Region Report, ecommerce, research, report, Europe, online shoppers, Romania, Bulgaria, Spain, Belgium, Ireland, Austria, Iceland, UK, Denmark, Germany, The Netherlands, Sweden, foreign ecommerce, national ecommerce, Poland, Malta, Cyprus

Paysafe rolls out online cash payments solution in Bulgaria

News | Payments General | 07 Jul 2020

UK-based payment service provider Paysafe has launched its Paysafecash solution in Bulgaria to enable online retail cash purchases. 

Paysafecash, Paysafe, Bulgaria, checkout, barcode, cash payments, EasyPay, prepaid payment method, ecommerce, online shopping

Wirecard, Payhawk team up to launch a Visa corporate card

News | Cards | 16 Jun 2020

Wirecard has revealed it is collaborating with Bulgaria-based fintech Payhawk to launch a new Visa corporate card to provide companies with a solution to manage corporate expenses. 

Wirecard, Payhawk, launch, Visa, cards, expenses, accounting, digital financial technology, Bulgaria, fintech, collaboration, management, startup, card infrastructure, e-money, fraud, risk management, issuing processing, card management

phyre closes a EUR 1.55 mln funding round

News | Payments General | 30 Mar 2020

Phyre, a Bulgaria-based fintech, has secured EUR 1.55 million in a funding round led by VC fund, New Vision 3 Fund and the Bulgarian American Credit Bank

Bulgaria, fintech, phyre, e-wallet, VC fund, New Vision 3 Fund, Bulgarian American Credit Bank, banking, payments , SaaS, PaaS, BaaS, MasterCard, contactless, A1, Vivacom

Paynetics closes a EUR 2.5 mln funding round

News | Online Payments | 27 Mar 2020

The Bulgarian fintech company Paynetics has raised funding to expand its European business. 

Paynetics, funding, fintech, payments , Bulgaria

Mastercard is developing mobile POS solution

News | Ecommerce | 16 Mar 2020

Mastercard has announced it is working with Bulgaria-based payment solutions provider Paynetics to run a four-week trial of a mobile point-of-sale (mPOS) solution.

MasterCard, Paynetics, mobile point-of-sale, mPOS, mobile PoS, ecommerce, retail payments, digital inclusion, merchants, mPOS terminal, Bulgaria, UK, Romania, Germany, Poland, Europe

Sirma launches Open Banking suite for boosting PSD2 payment services

News | Payments General | 06 Mar 2020

Bulgaria-based Sirma has announced the release of Open Banking Suite OBS, a PSD2-compliant end-to-end fintech software suite. 

Sirma, Open Banking, Open Banking Suite OBS, fintech, PSD2, financial technology, EBA’s Regulatory Technical Standards, European Banking Authority, POS terminal, Bulgaria, Eastern Europe

EIF signs new pilot guarantee instrument with three banks in Bulgaria

News | Payments General | 28 Feb 2020

The European Investment Fund (EIF) has signed three new guarantee agreements with Unicredit Bulbank, United Bulgarian Bank, and ProCredit Bank (Bulgaria) to support documentary finance activity in Bulgaria.

European Investment Fund, EIF, Unicredit Bulbank, United Bulgarian Bank, ProCredit Bank, financing , Bulgaria, credit

Fibank launches Open Banking platform in Bulgaria

News | Online & Mobile Banking | 28 Nov 2019

Fibank has launched the first Open Banking platform in Bulgaria fully compliant with the PSD2 Directive.

Fibank, Open Banking, Bulgaria, PSD2, banks

Fibank, Mastercard and Garmin roll out watch payment in Bulgaria

News | Payments General | 30 Sep 2019

First Investment Bank (Fibank) has teamed up with Mastercard and Garmin to enable customers in Bulgaria pay with their Garmin watches.

First Investment Bank, Fibank, MasterCard, Garmin, Garmin Pay, wearables, mobile payments, contactless payments, Bulgaria

Bulgarian tax agency fined for failing to protect data for 5.1 million citizens

News | Digital Identity, Security & Online Fraud | 02 Sep 2019

Bulgaria’s National Revenue Agency has been fined USD 2.9 million for failing to stop a data breach that leaked tax records for nearly all of the country’s adult citizens.

data breach, leaked info, online security, fraud prevention, tax records, Bulgaria, fraud