Articles with tag: euro

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BNL, Tink launch multi-banking service in Italy

News | Online & Mobile Banking | 14 Jan 2021

Italy-based bank BNL, part of the international group BNP Paribas, has launched a multi-banking service with Open Banking platform Tink.

BNL, BNP Paribas, Tink, multi banking, open banking, Italy, Europe, mobile banking, app, banks, account aggregation, money management

ECB president says Bitcoin should be regulated

News | Cryptocurrencies | 14 Jan 2021

European Central Bank (ECB) president Christine Lagarde has advised that Bitcoin is ‘highly speculative’ and needs to be regulated.

ECB, Bitcoin, cryptocurrency, AML, money laundering, digital euro, CBDC, crypto regulations

TrueLayer helps sync. launch in Lithuania and Germany

News | Online & Mobile Banking | 14 Jan 2021

Open Banking-powered fintech sync. has launched in two more European countries with the help of financial API provider TrueLayer, according to AltFi.

sync., Lithuania, Germany, open banking, fintech, Europe, API, TrueLayer, Middle East, Qatar Fintech Accelerator, coronavirus, pandemic, e-money, licence, FCA

Europol takes down DarkMarket website

News | Cryptocurrencies | 13 Jan 2021

Europol has taken the DarkMarket website (an illegal marketplace) offline, following a probe by German investigators with the assistance of seven other nations.

Europol, DarkMarket, fraud, money laundering, illegal marketplace, Bitcoin, cryptocurrency, credit cards,

EDPIA accepts Aircash, Buckaroo, and HiPay as new members

News | Payments General | 12 Jan 2021

The European Digital Payments Industry Alliance (EDPIA) has announced the membership of Croatia-based Aircash, Netherlands-based Buckaroo, and France-based HiPay.

EDPIA, Aircash, Buckaroo, HiPay, European Digital Payments Industry Alliance, electronic money, digital payments, mobile wallet, pay later, payment methods

Almost 2 /3 of Europeans would contact the police if victim to online identity theft

News | Digital Identity, Security & Online Fraud | 12 Jan 2021

On average, 70% of Europeans would contact the police if they fall victim to online identity theft, according to Prolifics Testing.

online identity theft, online banking fraud, digital identity, banking, fraud prevention, Europe, statistics

Italian Banking Association initiates experimental digital euro project

News | Cryptocurrencies | 07 Jan 2021

The Italian Banking Association (ABI) has been conducting digital euro tests as the European Central Bank is yet to make a clear decision on a central bank's digital currency.

Italian Banking Association, ABI, digital euro, banking, digital coin, payments, Italy, commercial banks, SIA, blockchain

Greece-based bank loans subject to COVID-19 repayment relief hit USD 37 bln in 2020

News | Payments General | 06 Jan 2021

Greece-based banks have deferred repayments on USD 36.85 billion worth of loans in 2020 to help borrowers cope with the financial fallout of the COVID-19 pandemic, according to Yahoo Finance.

Greece, bank, loans, COVID-19, repayment, borrower, pandemic, European Banking Authority

EIB, Banque Misr to help Egypt-based SMEs post-COVID-19

News | E-invoicing, SCF & E-procurement | 04 Jan 2021

The European Investment Bank has provided Banque Misr with a EUR 425 million credit line to support Egypt-based SMEs to recover from the coronavirus pandemic.

EIB, Banque Misr, Egypt, SME, COVID-19, credit line, coronavirus, pandemic, European Investment Bank, lending, bank

UnionPay, Huawei, Solidarnost Bank enable Huawei Pay transactions in Russia

News | Mobile Payments | 04 Jan 2021

UnionPay International has announced that cardholders using Huawei or Honor smartphones with Solidarnost Bank will now be able to make contactless payments with Huawei Pay in Russia.

UnionPay International, Huawei, Solidarnost Bank, Huawai Pay, Russia, Europe, mobile payments, contactless payments

Paysafe extends partnership with Microsoft to enable online cash payments

News | Online Payments | 24 Dec 2020

Paysafe has extended its longstanding relationship with Microsoft that will see the tech giant offer an online cash payment option to millions of Microsoft customers.

Paysafe, online cash payments, Microsoft, partnership, Europe, payment transactions, bank account, credit card, paysafecard

Unifiedpost Group acquires 21 Grams, AKTI, and BanqUP

News | Payments General | 23 Dec 2020

Europe-based fintech company Unifiedpost Group has revealed the acquisition of 21 Grams, AKTI, and BanqUP

Unifiedpost Group, acquisition, Europe, 21 Grams, AKTI, BanqUP, ecommerce, commerce, automated payments, paper invoice, cross-boarder, Open Banking, data analytics

Italian Banking Association rolls out digital euro research project

News | Payments General | 23 Dec 2020

Associazione Bancaria Italiana (ABI) and its ABI Lab have launched a digital euro research project.

R3, Spunta, Italy, DLT, blockchain, digital euro, programmable money, CBDC, ABI

COMO Group acquires Luxembourg payment institution ONPEX

News | Ecommerce | 21 Dec 2020

Singapore-based payments processing services company COMO Group has acquired ONPEX, a Luxembourg-based payment institution.

COMO Group, ONPEX, Luxembourg, Europe, acquisition, omnichannel payments, automated invoicing, data analytics

Trade finance bank Euro Exim to use RippleNet for payments

News | Payments General | 18 Dec 2020

Global trade finance bank Euro Exim is working with Ripple to connect banks, payment providers, and digital asset exchanges via RippleNet, ambcrypto.com.

Trade finance, bank, Euro Exim, RippleNet, payments, payment provider, digital asset exchange, xCurrent, On-Demand Liquidity, ODL, blockchain, XRP, cross-border payments

Lydia raises USD 86 mln in Series B funding round

News | Mobile Payments | 18 Dec 2020

France-based fintech Lydia has raised USD 86 million in its last Series B funding round. 

Lydia, France, Europe, funding round, Series B, mobile payments, debit cards, direct deposit, donations, virtual cards

Getting a grip on PSD2 – how to handle friction while providing unrivalled user experience

Voice of the Industry | Online Payments | 18 Dec 2020

Floriane Gramlich, Director of Product at Zalando Payments, shares insights on how to handle friction while providing unrivalled user experience in the PSD2 (European) context

Floriane Gramlich, Zalando, user experience, PSD2, Europe, merchants, Strong Customer Authentication, TPP, SCA, Merchant Initiated Transactions, COVID-19, digital payments

Pleo includes Google Pay in its offering

News | Mobile Payments | 17 Dec 2020

Denmark-based business expense solution provider Pleo has added Google Pay to its functionality, according to altfi.com.

Pleo, Google Pay, fintech, Denmark, UK, Europe, contactless payments, Apple Pay, cards

EU to help banks affected by COVID-19 to keep lending

News | Payments General | 17 Dec 2020

The European Union has planned to help banks jettison soured loans more easily and continue lending to households and business hit by the COVID-19 pandemic, according to Reuters.

EU, banks, COVID-19, lending, Reuters, European Union, ECB, European Central Bank, European Commission, NPL, pandemic, loans

Klarna partners with Verifone to provide its payment suite in-store

News | Ecommerce | 17 Dec 2020

Klarna has announced a strategic partnership with Verifone, a provider of payments and commerce solutions, that will make Klarna available to Verifone devices in the US and Europe.

Klarna, Verifone, US, Europe, QR codes, retailers, purchases, payments