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…
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…
Nexi Partners with Woo to Broaden Payment Options for European E-commerce
Nexi, a European paytech company, entered a partnership with Woo that aims to significantly expand and customize payment options for e-commerce merchants across Europe.By integrating Nexi's advanced payment technologies with…
Credit Europe Bank Romania Rolls Out Contactless ATMs Nationwide
Credit Europe Bank Romania announced it’s implementing contactless functionality across its entire network of ATMs. This move enables customers to perform transactions, including rapid payments and cash withdrawals, with just…
BCR Reports Over 53M Digital Payments in Public Transport for 2023
In 2023, BCR, one of Romania's leading banking institutions, reported a significant leap in the adoption of digital payments within the public transportation sector. Over 53 million digital transactions were…
EU Parliament Endorses Digital Wallet for Secure and Inclusive Online Services
The European Parliament announced it had endorsed the establishment of an EU-wide digital wallet, an important move aimed at enhancing digital identity and online authentication for EU citizens. This regulation,…
Lithuania’s Šiaulių Bankas Partners with Temenos for Core Banking Upgrade in the Cloud
Šiaulių Bankas, Lithuania's largest independently-owned bank, is embarking on a significant digital transformation by partnering with Temenos for its core banking modernization. Opting for Temenos' Software-as-a-Service (SaaS) solution, the bank…
PayU GPO Romania Forecasts E-Commerce Market to Hit €11.5 Billion in 2024, The Second Largest in CEE
PayU GPO Romania, a leader in the local online payment market, projects that the Romanian e-commerce market will reach around 11.5 billion euros in 2024. This estimation suggests a 16%…
UNCHAIN Fintech Festival 2024: Where Finance Meets Future in the Heart of CEE
Oradea, 19-20 June 2024: This summer, Oradea isn’t just a city – it's the beating heart of fintech innovation in Central Eastern Europe (CEE). The Unchain Fintech Festival is back!
