Tagged: eea

February 27, 2024 @ 8:02 am By Omar Faridi  |  

The European Council reportedly adopted a regulation that will make instant payments fully available in euro to consumers and businesses in the EU and in EEA countries. The new rules will improve the strategic autonomy of the European economic and financial sector as they will… Read More

November 24, 2023 @ 8:16 am By Omar Faridi  |  

Prior to the UK leaving the EU, EEA-based firms were able “to operate in the UK without our direct authorization.” The UK’s Financial Conduct Authority (FCA) notes that the Temporary Permissions Regime, which allowed EEA firms to continue “to operate in the UK while transitioning… Read More

October 24, 2023 @ 10:45 am By Omar Faridi  |  

Revolut, the financial super app with more than 35 million customers worldwide, added stocks of 70+ European-listed companies to its investment offering across the European Economic Area (EEA). Investment services in the EEA are “provided by Revolut Securities Europe UAB.” With Revolut, investments in European-listed… Read More

June 29, 2023 @ 8:49 am By Omar Faridi  |  

Binance, which claims to be the largest crypto exchange that’s being sued by US regulators for a wide range of issues, has now had its European banking partner Paysafe Payment Solutions (NYSE: PSFE) reveal that it will stop offering its embedded wallet solution to the… Read More

June 26, 2023 @ 7:38 am By Omar Faridi  |  

The FSMA has noted that Binance is offering and providing exchange services in Belgium between virtual currencies and legal currencies, as well as custody wallet services, from countries that are “not members of the European Economic Area.” The FSMA has therefore ordered Binance “to cease,… Read More

May 11, 2023 @ 7:13 am By Omar Faridi  |  

Revolut and Upvest have partnered to offer fractional ETF and European stock trading across Europe. Upvest are pleased to welcome Revolut and its end users to their community. Offering ETFs and European stocks for the first time Revolut and Upvest will “offer fractional ETF and… Read More

April 19, 2023 @ 11:47 am By JD Alois  |  

Januar ApS is reporting that it has received its full Payment Institution license from the Danish Financial Supervisory Authority (DFSA). Januar says that the license will enable it to serve clients across the European Economic Area (EEA). The company shares that it has received “significant interest:… Read More

September 10, 2022 @ 4:13 pm By Omar Faridi  |  

Revolut, the global financial super app with over 20 million retail customers, has launched Revolut Pay – a new secure online checkout feature which “allows UK and EEA merchants to present ‘Revolut Pay’ as a payment method across product, cart, and checkout pages.” Revolut Pay… Read More

August 18, 2022 @ 8:07 am By JD Alois  |  

Wirex, a payments and crypto service, has added SEPA (Single Euro Payments Area) Instant and Faster Payments for UK and EEA customers to transfer British Pounds and Euros between their Wirex and bank accounts. Wirex has partnered with digital payment infrastructure provider, Modulr, to introduce… Read More

February 17, 2022 @ 2:25 am By Tony Zerucha  |  

Forter today launched Smart Payments, a new offering designed to increase digital commerce conversion rates and revenue. The offering optimizes the use of 3D Secure (3DS) to meet strong customer authentication (SCA) requirements and addresses friction in the payment process. Smart Payments executes 3DS only… Read More

December 24, 2021 @ 9:31 am By Omar Faridi  |  

Digital bank Revolut, the provider of a financial Super App with over 18 million customers globally, revealed that it will bring Google Pay to Revolut Junior clients across the United Kingdom and EEA. Revolut says it added support for Google Pay after getting feedback during… Read More

December 7, 2021 @ 8:16 pm By Tony Zerucha  |  

As 2022 looms for the e-commerce industry, it will be shaped by several key factors, Forter president Liron Damri believes. He said regulation will play an even more significant role than it has in the past, especially for companies dealing with the European Economic Area… Read More

October 3, 2021 @ 10:06 pm By Omar Faridi  |  

eFounders-formed Banking-as-a-Service (BaaS) Fintech Swan has secured €16 million in funding via a Series A round that was led by Accel. Swan’s latest investment round has come about a year after the Fintech firm finalized its seed round. The company claims that it now has… Read More

October 1, 2021 @ 8:10 am By Omar Faridi  |  

COTI is pleased to confirm that its Visa debit cards and bank account are accessible to the public. With assistance from Simplex, both of these financial tools should help with addressing “economic inequality.” As noted in an update shared with Crowdfund Insider, COTI aims to… Read More

September 6, 2021 @ 9:35 am By Omar Faridi  |  

Digital bank Revolut notes that if you’re looking for more security and more innovative products, then you should consider joining their platform. Revolut Bank is currently live in 13 European Union nations and they continue adding new countries to the list, the Fintech Unicorn confirmed… Read More

March 9, 2021 @ 8:27 am By Samantha Hurst  |  

Digital payments platform Wirex announced on Tuesday the launch of its multicurrency Mastercard debit card in the UK and EEA, as well as its new rewards program, X-tras, across the globe. Wirex reported that after reaching 75,000 people on the waitlist for the new card,… Read More

February 23, 2021 @ 2:02 pm By Samantha Hurst  |  

Skrill, an online payments platform, announced on Tuesday its withdrawal feature is now live in European Economic Area (EEA) countries. As previously reported, Skrill provides digital payment solutions to consumers and businesses around the world. The company is headquartered in the UK and has offices… Read More

April 16, 2020 @ 8:48 am By Omar Faridi  |  

OpenPayd, an established API-based banking-as-a-service (BaaS) provider, has upgraded its payments functionality and capabilities by enabling direct access to the SEPA (Single Euro Payments Area) payment scheme. The integration will allow OpenPayd’s business clients, which mainly includes online or digital marketplaces, merchant acquirers and other… Read More

November 9, 2019 @ 6:10 pm By Omar Faridi  |  

Banking giant Standard Chartered has reportedly joined the Enterprise Ethereum Alliance (EEA), a global standards organization that outlines the specifications for developing large-scale, interoperable blockchain platforms. The EEA is planning to conduct further research and development (R&D) into the latest trends involving distributed ledger technology… Read More

October 9, 2019 @ 3:19 am By Omar Faridi  |  

Microsoft (NASDAQ: MSFT) and Intel (NASDAQ: INTC) are supporting a new token reward system developed by the Enterprise Ethereum Alliance (EEA), a standards organization that creates open, blockchain specifications that enhance interoperability for businesses. The EEA is one of the world’s largest blockchain consortiums with… Read More