Category : Economy

Business Economy Fintech News Trading

Lithuania’s Paysera expands to Spain

Fintech News Desk
The Lithuanian-born e-payment network Paysera is expanding to Spain, where the company Paysera España was established in the city of Valencia. Paysera, the payment processor of the majority of Baltic e-shops, is starting its business in Spain with local partners. Financial services and a trademark developed in Lithuania are brought......
Banking Business Economy Fintech News

Konsentus Acquires Open Banking Europe from PRETA

Fintech News Desk
Konsentus announced today that it has acquired Open Banking Europe S.A.S. from PRETA. Open Banking Europe S.A.S., a 100% owned subsidiary of Konsentus Limited, will remain a separate operating entity which will continue to be led by John Broxis. The software solutions of Open Banking Europe will be directly integrated into......
Banking Economy Fintech News

Warba Bank & Eurisko Mobility Power through the COVID-19 Lockdown to Continue the Bank’s Digital Transformation

Fintech News Desk
Despite the tremendous challenges brought about by the COVID-19 pandemic and the rapid changes it’s made to the workplace, both Warba Bank and Eurisko Mobility have continued their uninterrupted work on transforming the Bank’s digital services. Read More: Options Appoints Former NYSE Euronext Executive as VP of Software Development The joint effort between Warba Bank – a leader......
Capital Markets Economy Fintech News Trading

Boerse Stuttgart Opens Nordic Growth Market Trading Segment for Swedish Equities

Fintech News Desk
Boerse Stuttgart and its Scandinavian subsidiary Nordic Growth Market (NGM) are combining their services in the equity sector. The two exchanges will work together even more closely as listing venues in the future: The “Nordic Growth Market” trading segment is created for Swedish equities listed on NGM with a secondary......
Economy Fintech News

More Than Half of US Companies Are Under Financial or Operational Stress and 14% Are in Distress as Pandemic’s Economic Impact Deepens

Fintech News Desk
New Research by BCG Shows Scope of Crisis and Pinpoints Trouble Spots by Region and Sector More than seven months into the novel coronavirus pandemic, a disturbingly large number of US companies are at risk, according to new research from Boston Consulting Group (BCG) confirming that economic distress is deeply entrenched and......
Economy Fintech News

Japanese Tech Giant Cleared to Launch First Regulated and Publicly Available JPY-Pegged Stablecoin

Fintech News Desk
GMO Internet Gets Green Light from New York State to Offer JPY-Pegged Stablecoin GYEN1* and US Dollar-Pegged Stablecoin, ZUSD2* GMO Internet Inc., the Tokyo-based Internet conglomerate, has won approval from the New York Department of Financial Services to establish a limited purpose trust company, GMO-Z.com Trust Company, Inc. (“GMO Trust”) and......
Banking Economy Featured Fintech

Challenger Banks From Around the World That Are Redefining Banking

Fintech News Desk
Challenger banks are fully functional digital banks, the popularity of these banks is rising today because of the comfort they can offer users by offering every service online. They do not offer physical branch facilities and from depositing money to issuing cheques, etc. everything happens virtually. Challenger banks have disrupted......
Banking Economy Fintech Mobile Banking News

CPPO Membership Growth Underscores Role of Prepaid in Digital Banking Ecosystem

Fintech News Desk
The Canadian Prepaid Payments Organization (CPPO), the voice of the prepaid payments industry in Canada, today announced that it has added 10 new companies to its membership list. ATB, Carta Worldwide/Mogo, daVinci Payments, EML, Fintech Growth Syndicate, FIS, I2c and Marqeta SightSpan have joined as general members and EQ Bank has been welcomed......
Economy Fintech News Risk Management

Digital, Distanced and Domestically Focused: A View on 2021 from the Mastercard Economics Institute

Fintech News Desk
To help governments and businesses of all sizes find a path forward following the challenges of 2020, the Mastercard Economics Institute released Economy 2021, an outlook of what’s to come in economies around the world.  Read More: Hexaware Named Rising Star for the UK and US in the ISG Provider LensTM......
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