Revolut Offers Up to 4.25% Interest on Savings Accounts in Romania
Revolut is introducing an attractive savings account feature for its Romanian customers, enabling them to earn up to 4.25% annual interest on RON deposits. This feature is accessible directly through…
Iliad Solutions and Enqura Partner to Advance Payment Testing in Central Eastern Europe
Iliad Solutions, a global leader in payment testing, has formed a strategic alliance with Enqura, a Turkish company specializing in digital transformation for financial services. This partnership aims to extend…
ACI Worldwide and RYVYL EU Join Forces to Improve Payment Conversion Rates in CEE
ACI Worldwide, a powerhouse in real-time payments software, has teamed up with RYVYL EU, a major player in the payment services sector of Central Eastern Europe. This collaboration aims to…
EU Parliament Adopts Regulations for Instant Euro Transfers
The European Parliament has inaugurated a new era for financial transactions across the EU by announcing new regulations to make euro transfers instantaneous. This legislative update promises that funds will…
Finqware Achieved 4x Revenue Growth and Profitability in 2023
Finqware, a Romanian fintech innovator specializing in treasury management through open banking technology, announced a significant milestone in its growth journey. The company reported a remarkable fourfold increase in revenue…
BCR Launches Online Visa Credit Card for Micro-Enterprises
BCR is stepping up for entrepreneurs by introducing the first Visa credit card designed specifically for micro-enterprises. It is now available entirely online and has a credit limit of up…
Banca Transilvania Acquires OTP Bank Romania
Banca Transilvania has acquired OTP Bank Romania, marking a significant consolidation in the Romanian banking sector. This marks a significant change as OTP Group decides to leave the Romanian market…
Euro Transfers to Be Instant Under New EU Regulations
The European Parliament has taken a significant ste towards modernizing money transfers within the EU. With the new rules, both retail clients and businesses, particularly SMEs (small and medium-sized enterprises),…
Salv Secures Europe’s First Closed KYC Utility License
Salv, a leader in the Regulatory Technology (RegTech) space, has set a new standard in financial security by becoming the first company in Europe to be granted a 'Closed Service…
EY and MoneyLion Partner to Speed Up Bank Digitalization
EY has announced a partnership with MoneyLion, a significant player in the FinTech industry, to assist banks in speeding up their digital transformation journey. This collaboration is designed to bridge…
