Search Results for: electronic money institution

McCune Wright Arevalo, Llp, Calls on Financial Institutions to Suspend Overdraft and NSF Fees Amongst COVID-19
Fintech News

McCune Wright Arevalo, Llp, Calls on Financial Institutions to Suspend Overdraft and NSF Fees Amongst COVID-19

Fintech News Desk
by Fintech News Desk0
McCune Wright Arevalo, LLP (MWA) — a law firm that has been on the forefront of consumer fraud and financial services class actions over overdraft practices and fees  — has called upon banks and credit unions to immediately suspend imposing predatory overdraft and NSF fees as consumers and small businesses struggle......
ChartIQ Appoints Rajiv Shah as Global Head of Institutional Sales
Business Fintech News

ChartIQ Appoints Rajiv Shah as Global Head of Institutional Sales

Mohit Manoharan
by Mohit Manoharan0
ChartIQ, a financial technology company that delivers software to help the finance world work smarter, announced the appointment of Rajiv Shah as Global Head of Institutional Sales. In his role, Mr. Shah will spearhead the company’s sales strategy globally, and help to expand ChartIQ into new channels of business across......
Nium Grows Presence in Lithuania With Local Team and Office Expansion
Digital Payments News

Nium Grows Presence in Lithuania With Local Team and Office Expansion

PR Newswire
by PR Newswire0
Nium, the global leader in real-time cross-border payments, is expanding its operational hub in Vilnius through new hires and a new office facility that will better serve its growing customer base across Europe. This includes: Hiring 18 new full-time employees in Lithuania, repesnting 100% headcount growth over the last 8 months Moving to a......
Alloy Report Shows the Revenue Potential of Embedded Finance, but Compliance Challenges Persist
Finance News

Alloy Report Shows the Revenue Potential of Embedded Finance, but Compliance Challenges Persist

PR Newswire
by PR Newswire0
Alloy, the identity risk management company trusted by over 600 leading banks, credit unions and fintech companies, released its 2024 State of Embedded Finance Report, a survey of over 50 decision-makers working at U.S.-based sponsor banks. The report found that while embedded finance programs drive significant revenue (over 50%) for......
Papaya Ltd. Appoints Distinguished Czech Financial and Management Expert as CEO
Fintech News

Papaya Ltd. Appoints Distinguished Czech Financial and Management Expert as CEO

EIN Presswire
by EIN Presswire0
Papaya Ltd., an Electronic Money Institution, specializing in innovative financial solutions, is pleased to announce the appointment of Igor Tsybolyuk as its new Chief Executive Officer (CEO), effective immediately. Igor brings a wealth of experience in financial services for small and medium-sized businesses across Europe and the UK, making him......
StablR secures EMI License for MiCAR-compliant EURR stablecoin against Europe's developing regulatory backdrop
Finance Fintech News

StablR secures EMI License for MiCAR-compliant EURR stablecoin against Europe’s developing regulatory backdrop

PR Newswire
by PR Newswire0
StablR’s acquisition of an EMI license for its EURR stablecoin comes at a watershed moment for the crypto industry in Europe StablR, the efficient, secure, and transparent Euro-denominated stablecoin provider, has revealed that it was granted its Electronic Money Institution (EMI) License on Monday 1 July. Regulated in Malta, StablR is now issuing its fully MiCAR-compliant stablecoin, EURR, marking......
LemFi Raises $33 Million To Transform Financial Services For Immigrants Everywhere
Digital Payments Fintech News

LemFi Raises $33 Million To Transform Financial Services For Immigrants Everywhere

PR Newswire
by PR Newswire0
LemFi, a leading fintech platform transforming financial services for immigrants, has raised a $33 million Series A round led by Left Lane Capital. Other investors included Y-Combinator, Zrosk, Global Founders Capital, and Olive Tree. Each year, millions of immigrants move abroad to start new lives, and the biggest hurdle they face is access to......
Param Accelerates European Expansion With Twisto Acquisition
B2B Digital Payments Fintech News

Param Accelerates European Expansion With Twisto Acquisition

Business Wire
by Business Wire0
Param focuses on B2B2X – B2B to any end user – in Turkey and plans to introduce its comprehensive products to Europe enabling Twisto to broaden its product suite, attract more customers, and unlock additional sources of revenues by serving B2B2X across the markets as well Param, Turkey’s biggest FinTech,......
TerraPay Group Expands Business Operations in Italy and Sets Sights on European Union
Digital Payments News

TerraPay Group Expands Business Operations in Italy and Sets Sights on European Union

Business Wire
by Business Wire0
TerraPay, a leading global payments infrastructure company, announced that it has secured authorization as an Electronic Money Institute (EMI) in Italy. Having obtained approval from the Bank of Italy, TerraPay is set to expand its operations within the country and subsequently, throughout the European Union. Under Article 114-quinquies Consolidated Banking Act (TUB),......
Nexpay Expands Services with SWIFT Payments in 23 Currencies
Banking Digital Payments News

Nexpay Expands Services with SWIFT Payments in 23 Currencies

Fintech News Desk
by Fintech News Desk0
Nexpay, a Lithuanian Electronic Money Institution (EMI), has expanded its service offerings for digital businesses by providing SWIFT payments in 23 currencies in addition to existing SEPA payment support Nexpay, a leading Lithuanian Electronic Money Institution (EMI) providing business banking solutions for digital companies, has announced its enhanced service offering......
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