Articles with tag like: Romania

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The state of Open Banking in Central and Eastern Europe – Finqware interview

Interviews | Online & Mobile Banking | 16 Feb 2021

Cosmin Cosma, Finqware’s CEO, shares insights on Open Banking’s presence in CEE, its struggles, benefits, and use cases, along with how banks react to this new environment

Finqware, Open Banking, Europe, Romania, Central Eastern Europe, banks, API

SIBS to acquire Romania payments company Romcard

News | Online Payments | 29 Sep 2020

Portugal-based payments company SIBS has acquired card payment processing company Romcard / Supercard (ex- Wirecard Romania). 

Romcard/ Supercard, Wirecard, Romania, SIBS, Portugal, mergers and acquisitions, Automatic Payment Terminal, online payments, Moldova, Serbia, Hungary, Kosovo, Montenegro, Macedonia, Lithuania, card payment processor

Phos, Stanchion to offer European merchants a mobile payments solution

News | Mobile Payments | 16 Sep 2020

Phos has partnered with Stanchion Payment Solutions, a global specialist in payments systems and integration, to facilitate contactless payments acceptance for European merchants.

Phos, Stanchion Payment Solutions, contactless payments, Europe, merchants, softPOS, NFC, alternative payment solutions, UK, Poland, Romania, France, Italy, Spain, Portugal, COVID-19, cards, PIN-on-Mobile, mobile payments

PayByFace launches touchless payments with facial biometrics in Romania

News | Mobile Payments | 28 Jul 2020

Romania-based fintech PayByFace has launched a biometric facial recognition-based payments system to Tucano Coffee shops in Bucharest.

Paybyface, biometric payments, biometrics, mobile payments, Romania, Tucano Coffee, Bucharest, payments

Monese partners Paysafe to offer cash services access

News | Mobile Payments | 14 Jul 2020

Monese, a UK-based digital bank, has partnered with payments platform, Paysafe, to offer its customers access to cash services.

Monese, partnership, Paysafe, digital, banking, digital banking, UK, top up, payments, France, Austria, Belgium, Germany, Italy, Luxembourg, Netherlands, Poland, Portugal, Romania, Spain

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

Italy and Romania take down cyber fraud ring

News | Digital Identity, Security & Online Fraud | 07 Jul 2020

The Italian National Postal and Communication Police Unit and the Romanian National Police, supported by Europol and Eurojust, have dismantled an organised criminal group involved in financial fraud, cybercrime, and money laundering.

Europol, Eurojust, CEO fraud, organised criminal group, financial fraud, cybercrime, money laundering, money mules, Italy, Romania

PPRO adds European Paysafecash to its local payment method platform

News | Online Payments | 01 Jul 2020

UK-based payments platform PPRO has released a direct integration with Austria-based prepaid payment method Paysafecash.

PPRO, Paysafecash, prepaid card, payments platform, credit card, barcode payments, online payments, mobile payments, Europe, United Kingdom, Czech Republic, Greece, Hungary, Romania

Edenred Romania launches Apple Pay mobile payments for digital meal vouchers

News | Mobile Payments | 26 Jun 2020

French-based prepaid corporate services provider Edenred has announced launching Apple Pay mobile payments for digital meal vouchers in Romania.

Edenred, Apply Pay, prepaid card, meal ticket, corporate card, mobile payments, Romania, Eastern Europe, CEE

PagoFX launches offerings for sole traders in UK

News | Payments General | 18 Jun 2020

Santander’s cross-border remittance service, PagoFX, has opened its international payment service for business purposes in the UK.

Standarder, PagoFX, UK, cross-border, remittance, payments, mobile app, Middle East, Central Europe, Eastern Europe, Israel, Turkey, Romania, Croatia, SMBs

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

Anti-fraud company Mi-Pay acquired by Alphacomm

News | Digital Identity, Security & Online Fraud | 25 Feb 2020

The Netherlands-based financial technology (fintech) company Alphacomm has acquired the activities of AIM-listed Mi-Pay.

Alphacomm, acquisition, anti-fraud payments, Mi-Pay, The Netherlands, UK, Romania, fintech, investment

Romania's ecommerce market up 22% in 2019

News | Ecommerce | 06 Feb 2020

Romania Insider has reported that the ecommerce sector in Romania hit EUR 4.3 billion in 2019, an increase of about 22% compared to 2018.

Romania, ecommerce, report, GPeC

Contactless system for direct payment at turnstiles revealed by Metrorex, BCR

News | Online Payments | 28 Nov 2019

Metrorex and local lender Banca Comercială Română (BCR) have implemented a new card payment solution in 9 subway stations in Romania’s capital, as part of a pilot program.

Metrorex, BCR, contactless system, direct payment, turnstiles, Visa, MasterCard, cards, bank, fees, issuing bank, Romania

Deloitte Romania, FintechOS partner to offer business automation

News | E-invoicing, SCF & E-procurement | 01 Oct 2019

Deloitte Romania and digital transformation solution provider FintechOS have teamed to accelerate digital transformation and automate business processes.

Deloitte Romania, FintechOS, business process automation, digital transformation, B2B payments, Romania, Europe, automated processor

Superbet continues partnership with SafeCharge to expand internationally

News | Online Payments | 24 Sep 2019

SafeCharge, a Nuvei company, has extended a partnership with Romania-based game operator Superbet.

SuperBet, partnership, SafeCharge, Nuvei , expansion, Romania, Europe, alternative payment methods, withdrawal, mobile gaming

Wallets – the flexible way for banks to maintain competitive advantage

Voice of the Industry | Expert Opinion | 06 Sep 2019

Peter Theunis, Senior VP at BPC Banking Technologies, explains that wallets need to do more than just echo conventional payments

Peter Theunis, BPC Banking Technologies, e-wallets, payments, ecommerce, fintech, mobile payments, Europe, North America, Banca Transilvania, Romania, open loop wallet systems

WSO2 and Allevo to provide Open Banking solutions to Romanian FIs

News | Payments General | 04 Sep 2019

Open source integration vendor WSO2 has announced that Romania-based financial software provider Allevo is now a WSO2 Consultative Integration Partner.

WSO2, Allevo, Open Banking, Romania, compliance, PSD2

Tremend, Mastercard partner to digitise the payments sector

News | Digital Identity, Security & Online Fraud | 30 Aug 2019

Romania-based software company Tremend Software Consulting has entered into a strategic partnership with Mastercard Romania.

Tremend, MasterCard, alliance, partnership, payments, Romania, banking, financial system, Europe, regulations, digital payments, cards, SCA, authentication, financial institutions, 3DS, biometrics

Wirecard enables payment solution for eMAG customers

News | Online Payments | 29 Jul 2019

Wirecard has developed a payment solution for eMAG customers, furthering its work in the field of real-time digital payment solutions in Romania.

Wirecard, payment solution, eMag, Customers, real-time digital payment, Romania, marketplace, online sales, merchant