Tagged: europe

August 9, 2024 @ 9:18 am By JD Alois  |  

Clear Bank has earned a Credit Institution Licence from the European Central Bank under the supervision of De Nederlandsche Bank. The license allows Clear Bank to operate across Europe. ClearBank is authorized in the UK by the Prudential Regulation Authority (PRA) and regulated by the Financial… Read More

August 9, 2024 @ 8:47 am By Omar Faridi  |  

CaixaBank has mobilized a total of €67.16 billion in sustainable finance according to data at the end of June 2024. This figure means having surpassed “the objective of the bank’s Sustainable Banking Plan, included in the 2022-2024 Strategic Plan, six months before the end of… Read More

August 7, 2024 @ 3:26 pm By JD Alois  |  

Digital asset firm Bitstamp will partner with Stripe to enable a fiat-to-crypto onramp in the European Union. The collaboration will see the Stripe onramp, a customizable widget powered by Bitstamp. The goal is to simplify the process so developers can incorporate the feature with little… Read More

August 6, 2024 @ 7:07 am By Omar Faridi  |  

In the world of fintech and accounting, some partnerships are built on shared vision and innovation. That’s the case with VEDA, a firm focused on tech accounting, and the innovative spend management platform at Payhawk. It started with a chance meeting. Danny from VEDA Accounting… Read More

August 5, 2024 @ 8:26 am By Omar Faridi  |  

Konsentus announced that Konsentus Verify, Europe’s open banking identity and regulatory checking solution, is now available on Temenos Exchange, the partner ecosystem of integrated fintech solutions. Konsentus Verify ensures end-user account “access is never granted to unauthorised third parties, giving consumers and businesses the highest… Read More

August 5, 2024 @ 8:25 am By Omar Faridi  |  

The European Central Bank (ECB) and the European Banking Authority (EBA) have recently released a joint report on payment fraud. The report assesses payment fraud data reported semi-annually by payment service providers across the European Economic Area (EEA) for a variety of payment instruments, such… Read More

August 4, 2024 @ 11:58 pm By Omar Faridi  |  

Nexi, the European PayTech, has reportedly signed an agreement with Payac Services CLG, a credit union owned payment services provider, to deliver SEPA Instant payments to all participating credit unions in the Republic of Ireland. As a result of this partnership, 176 credit unions of… Read More

August 4, 2024 @ 10:29 pm By Omar Faridi  |  

PeerBerry investors funded €48.5 million in loans last month (about 1.6% more than in June) as the loan supply on the platform was slightly higher in July compared to June. In July, PeerBerry investors reportedly received €963,700 in interest. PeerBerry’s outstanding portfolio “grew to €114.36… Read More

August 3, 2024 @ 5:12 pm By Omar Faridi  |  

UnaFinancial, which is investment platform Robocash’s parent company, is reporting that it has earned $4.7 million in H1 2024. UnaFinancial has issued management accounts “for the first six months of 2024.” The Group focused on expanding its most profitable businesses and “improving operational efficiency across… Read More

August 2, 2024 @ 12:20 pm By JD Alois  |  

The European Securities and Markets Authority (ESMA) says National Competent Authorities (NCAs) – or member state regulators – must remain vigilant in regard to crypto markets as MiCA goes into force. The “Opinion” posted by ESMA states that “in order for MiCA to deliver on… Read More

August 2, 2024 @ 8:34 am By Omar Faridi  |  

Solaris, Europe’s embedded finance platform is pleased to welcome Bitpanda, Europe’s crypto platform, on its KYC platform. Bitpanda will leverage Solaris full digital and scalable KYC solution Bankident “to identify customers in Germany.” This signals a new chapter in “a longstanding partnership between Solaris &… Read More

August 1, 2024 @ 11:35 am By JD Alois  |  

The European Artificial Intelligence Act  (EU AI Act) goes into force today. The EU legislation aims to regulate services that leverage AI. The goal is to enable the development of the technology while protecting consumers and businesses. The legal framework applies to both public and… Read More

July 31, 2024 @ 10:53 am By JD Alois  |  

CoinShares (OTC:CNSRF) says it will use TS Imagine’s “TS One” service for trading and risk management for its Relative Value equities hedge fund. TS Imagine is a cross asset trading firm for institutions. CoinShares is an investment company specializing in digital assets with offices in… Read More

July 31, 2024 @ 9:19 am By Omar Faridi  |  

Regtech firm Sumsub revealed that they have achieved multiple certifications for conforming with standards set by the European Telecommunications Standards Institute (ETSI). This milestone reflects Sumsub’s commitment “to meeting the stringent European technical standards for identity proofing and trust services.” Sumsub has been recognized “as… Read More

July 29, 2024 @ 7:34 am By Omar Faridi  |  

One Trading, a European crypto-asset exchange, has reportedly been granted an Organized Trading Facility (OTF) License by the Dutch financial market regulator. This license establishes One Trading as “a MiFID II trading venue and marks a significant milestone in the company’s multi-year journey with the… Read More

July 28, 2024 @ 11:43 pm By Omar Faridi  |  

Zafin, the provider of SaaS core modernization and transformation solutions for banks announces that Rabobank a multi-national banking and financial services company, headquartered in the Netherlands with more than 9.1 million customers has selected the Zafin platform to optimize its pricing, billing and invoicing capabilities… Read More

July 26, 2024 @ 9:39 am By Omar Faridi  |  

My EU Pay, the financial institution that offers frictionless payments and FX to businesses, has partnered with ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, to provide a range of banking services for their clients. My EU Pay will use ClearBank’s… Read More

July 25, 2024 @ 12:49 pm By Omar Faridi  |  

Sygnum, a global digital asset banking group with ~$4.5 billion in client assets, reported that it has reached profitability following a strong H1 2024, with key metrics seeing substantial growth year-to-date (YTD). Business performance is enabled by “expanded trading features and platform, strategic partnerships with… Read More

July 22, 2024 @ 8:50 am By Omar Faridi  |  

Investment platform Bondora is reporting a key milestone. Bondora reveals that 1 billion Euros have been invested via their platform. This latest achievement has marked a significant point in Bondora’s journey since 2008, and it was made possible by their customers. In order to mark… Read More

July 20, 2024 @ 2:26 pm By Omar Faridi  |  

JTL-Software GmbH, a German e-commerce solution provider, and the Dutch financial services provider Mollie are entering into a strategic partnership. The long-term partnership is the result of collaboration “on individual projects since August 2023.” It enables integration of Mollie’s payment services “into JTL’s e-commerce solutions… Read More