Tagged: europe

December 5, 2022 @ 8:42 am By Omar Faridi  |  

The agreement with Commerzbank is a key milestone for the issuing solutions business of Nexi in Germany. Commerzbank has chosen Nets, part of the European PayTech Nexi Group, in order “to develop a streamlined and scalable solution for processing credit, debit, and prepaid cards which… Read More

December 5, 2022 @ 7:23 am By Omar Faridi  |  

VeChain Foundation San Marino was pleased to debut as a silver partner of the Nitto ATP Finals, the grand finale of the ATP Tour, where the eight best tennis players in the world competed “for the final singles and double titles of the year, taking… Read More

December 4, 2022 @ 7:52 pm By Omar Faridi  |  

The Bank of London, which claims to be the next-generation technology company and the “world’s first” purpose-built global clearing, agency, and transaction bank, announced the appointment of Marc Jenkins as Chief Financial Officer UK – SMF 2, “subject to regulatory approval, and Member of the… Read More

December 4, 2022 @ 2:53 pm By Omar Faridi  |  

Valour Inc., a technology company and the first and only publicly traded company that bridges the gap between traditional capital markets, Web3 and decentralized finance, announced a partnership with Autostock, a Swedish trading platform “to launch an automated trading strategy designed to capture weekly effects… Read More

December 4, 2022 @ 2:51 pm By Omar Faridi  |  

Nordic open banking provider, Neonomics, has decided to support UNICEF Norway in order “to make donating this holiday period easier and more secure by harnessing the power of open banking payments.” The holiday period is “the most important time of year for charities, but with… Read More

December 3, 2022 @ 2:07 pm By Omar Faridi  |  

To help customers manage their finances, Santander has launched two new tools on its Financial Support Hub, a Budget Calculator and Financial Health Check. These tools will “provide customers with advice on how to manage their finances, helping them to review their spending and budget… Read More

December 2, 2022 @ 3:53 pm By Omar Faridi  |  

Regtech startup docStribute has joined the Mia-Platform Partner Network. Effective immediately, docStribute solutions will be “available to businesses on the Mia-Platform Marketplace.” docStribute  uses “a distributed ledger application that utilizes a decentralized public network known as hashgraph, a secure, shared database that everyone can read… Read More

December 1, 2022 @ 10:08 am By Omar Faridi  |  

Gillian Lynch, Head of Ireland and EU at Gemini, notes that they are pleased to announce that Gemini has “registered as a Virtual Currency Operator with Italy’s payments services regulator, the Organismo Agenti E Mediatori (OAM), and as a custodial wallet provider and provider of exchange services… Read More

December 1, 2022 @ 8:59 am By Omar Faridi  |  

Over the last year, the team at Assetz Capital have finally seen “substantial rises” in bank interest rates after well over ten years of them “languishing at near zero levels.” Assetz Capital noted in a blog post that this has led to the Access Accounts… Read More

December 1, 2022 @ 7:26 am By Omar Faridi  |  

The team at Mintos are pleased to announce an improvement to how the Mintos Risk Score is displayed on the platform. Previously, they displayed Mintos Risk Scores “as whole numbers, for example, 7. But now, [they] display all Mintos Risk Scores rounded to one decimal… Read More

November 30, 2022 @ 8:17 am By Omar Faridi  |  

Extending their joint strategic commitment to modernize and enhance shareholder voting in the French market, Broadridge Financial Solutions, Inc. (NYSE: BR) and SLIB, a software editor for electronic voting and securities services based in France,  announced “the go-live of their joint end-to-end global voting solution.”… Read More

November 30, 2022 @ 8:13 am By Omar Faridi  |  

ClearBank, which claims to be the largest next-generation clearing and embedded banking platform in the UK, and ThetaRay, provider of AI-powered transaction monitoring technology, announced they will “collaborate in cloud-native anti-money laundering (AML) monitoring to protect ClearBank against financial crime with ThetaRay’s robust and industry-leading… Read More

November 29, 2022 @ 11:47 pm By Omar Faridi  |  

In October, Bondora reveals it “saw favorable increases in investments and originations. Originations exceeded €15M, and investments €14M.” This puts Bondora on track “for a good Q4 in 2022.” Spanish originations “exceeded 1M once again.” In contrast to September, investments “for all products increased in… Read More

November 29, 2022 @ 11:08 pm By Omar Faridi  |  

UK’s online pension provider, PensionBee (which has reached £3 billion in assets under administration), has partnered with specialist communication charity, Speakers Trust, in order “to help unlock greater confidence in the workplace when public speaking, by utilizing essential communication techniques.” The two organizations have “collaborated… Read More

November 29, 2022 @ 8:41 pm By Omar Faridi  |  

A microfinance company, A Credit, launched by Aventus Group in the Republic of Kazakhstan in February 2022, joins the PeerBerry platform. A Credit will “offer PeerBerry investors investments in short-term loans with an 11.5% annual return.” A Credit loans offered to PeerBerry investors “include a… Read More

November 29, 2022 @ 8:20 am By Omar Faridi  |  

The wave of embedded finance options is starting to move this “proverbial ship” forward, as options available at MarketFinance through their pay later financing for small businesses mean that finally, sole traders can “get instant access to credit at the point of sale when procuring… Read More

November 29, 2022 @ 8:17 am By Omar Faridi  |  

EstateGuru reports that the satisfactory level of loan origination “continued in October with the same storyline as in September.” In October, Estonia was “the best-performing market with €6.5M worth of loans funded, followed by Lithuania (€3,3M) and Germany (€1.8M).” The total financed amount was €15,1M…. Read More

November 28, 2022 @ 11:07 pm By Omar Faridi  |  

With Banking Circle’s web3 payments solution, payments businesses and banks can process asset-backed stablecoin settlements “in the same way as fiat currencies, providing their customers with faster settlement and lower fees outside of traditional bank rails.” Banking Circle‘s USDC stablecoins solution can be “utilized for… Read More

November 28, 2022 @ 8:57 pm By Omar Faridi  |  

The monthly volume of funding raised by P2P platforms traditionally “grows in December,” according to an update from Robo.cash, an online investment platform. Geographically, the Baltic countries “show the greatest stability over the year,” the team at Robocash writes in a blog post. Robocash platform… Read More

November 28, 2022 @ 10:34 am By Omar Faridi  |  

Awaken Intelligence, an AI or artificial intelligence-enhanced software, which helps contact centers to improve call time & customer satisfaction, analyzing conversations in 38 languages, has secured 123% (£681,501.18) of its £550,000 fundraising target from 190 investors with 1 day left in the firm’s crowdfunding campaign… Read More