CEC Bank’s Digital Transformation Attracts 80,000 New Clients in 2023
CEC Bank has hit a major milestone in 2023 by welcoming 80,000 new clients, doubling the number of customers accessing online service and product packages, and witnessing a rapid increase…
BRICS Nations To Build Blockchain-Based Payment System to Challenge Dollar Dominance
The BRICS nations, a coalition consisting of Brazil, Russia, India, China, and South Africa, are making a move in the global financial ecosystem by planning to create a payment system…
Papara Acquires T-Bank, Paving the Way for a ‘Super App’ in Finance
Papara, a neobank from Türkiye, has made headlines once again with its strategic acquisition of T-Bank, setting the stage for an ambitious expansion in digital banking. This acquisition, awaiting the…
Revolut Partners with MetaMask to Launch Service for Easy Crypto Purchases in Europe
Revolut is expanding its crypto offerings with a new feature called Revolut Ramp in partnership with MetaMask, the leading self-custodial wallet. This collaboration is designed to make buying cryptocurrencies straightforward…
Viva.com Launches Merchant Advance in Europe for Instant Business Financing
Viva.com has launched Merchant Advance in Europe, a solution designed to address the critical cash flow challenges faced by thousands of businesses. This service, now available in Belgium, Germany, the…
Romanian Government Adopts EU Directive Standards for Credit Administration and Purchase
The Romanian government has taken a significant step by passing a new emergency ordinance aimed at regulating how certain types of loans are handled, particularly those that aren't being paid…
Visa and Western Union Lock Down Partnership to Streamline Global Payments
Visa has struck a seven-year deal with Western Union, fundamentally transforming how money is sent across borders. This partnership enables customers in 40 countries to quickly transfer funds directly to…
Microsoft Launches Copilot for Finance In Effort to Transform Financial Operations
Microsoft has announced the public preview of Microsoft Copilot for Finance, a new addition to Microsoft 365 designed to transform the way finance teams work. Copilot for Finance, joining Copilot…
Global AML System Spend to Surge to $51.7 Billion by 2028, Juniper Research Finds
A new study by Juniper Research has highlighted a significant surge in global investment in Anti-money Laundering (AML) systems, with spending expected to reach $51.7 billion by 2028, marking an…
EU Mandates Instant Payments Within Ten Seconds Across Member States
The European Union is making a change to how payments work, aiming to speed things up so that any payment made in the EU can be processed in just ten…
