European Economic Area

W1TTY Taps Oracle to Provide a Better Digital Banking Experience to Customers

Wednesday, August 4, 2021 - 1:00pm

Running on Oracle Cloud Infrastructure (OCI), W1TTY will use Oracle Banking suite to deliver an easier and more rewarding financial experience for customers.

Key Points: 
  • Running on Oracle Cloud Infrastructure (OCI), W1TTY will use Oracle Banking suite to deliver an easier and more rewarding financial experience for customers.
  • "The Oracle Banking suite with its microservices, API-ready platform, and short implementation time, fit perfectly into our technology roadmap.
  • Oracle Banking isa suite of financial services applications that enable banks to offer a complete set of digital banking services to customers.
  • The suite includes the digital core and applications for retail and corporate banking, real-time payments, and digital experience.

Facevalue Launches Pan European Online Factoring Solution For SMEs

Monday, August 2, 2021 - 7:00am

HILVERSUM, Netherlands, Aug. 2, 2021 /PRNewswire/ --Dutch FinTech Facevalue introduces a unique Accounts Receivable Finance solution for European SMEs that challenges traditional factoring.

Key Points: 
  • HILVERSUM, Netherlands, Aug. 2, 2021 /PRNewswire/ --Dutch FinTech Facevalue introduces a unique Accounts Receivable Finance solution for European SMEs that challenges traditional factoring.
  • Facevalue offers complete flexibility to its clients to determine which receivables they want to sell and charge no fixed fees.
  • Most factoring solutions to SMEs require that the business sell all their outstanding accounts receivables to the Financier for a fixed period, usually two years that includes high fixed costs.
  • Prior to the launch of its SME solution, it has been servicing the corporate mid-market in collaboration with Global Transaction Banks.

Illumina is Committed to Bringing Lifesaving GRAIL Test to People Globally as European Review Process Enters Second Phase

Thursday, July 22, 2021 - 5:49pm

We look forward to presenting our position during the Phase II process, said Charles Dadswell, General Counsel for Illumina.

Key Points: 
  • We look forward to presenting our position during the Phase II process, said Charles Dadswell, General Counsel for Illumina.
  • Illumina is also challenging the ECs jurisdiction to investigate the transaction under Article 22 of the European Union (EU) Merger Regulation.
  • Illumina has filed an action in the General Court of the EU seeking annulment of the ECs jurisdiction to review the acquisition.
  • Illuminas re-acquisition of GRAIL means that millions of citizens across the European Economic Area (EEA) will be able to access life-saving early cancer screening years sooner.

EQS-News: Netcetera and Entersekt implement FIDO authentication standard for PLUSCARD - A first in Europe

Thursday, July 1, 2021 - 12:58pm

Until now: In a joint project, PLUSCARD, full-service processor for numerous card-issuing institutions across Germany, Netcetera, market leader for digital payment solutions, and Entersekt, specialist in strong customer authentication, launched the first authentication alternative according to the FIDO standard in Europe in June 2021.

Key Points: 
  • Until now: In a joint project, PLUSCARD, full-service processor for numerous card-issuing institutions across Germany, Netcetera, market leader for digital payment solutions, and Entersekt, specialist in strong customer authentication, launched the first authentication alternative according to the FIDO standard in Europe in June 2021.
  • PLUSCARD, Netcetera and Entersekt have implemented the FIDO standard in their joint solution.
  • "Together with Netcetera and Entersekt, we have implemented a future-proof solution with the FIDO standard.
  • We are proud to open this new chapter of payment authentication together with PLUSCARD and Netcetera", says Uwe Hrtel, Country Manager Central Europe at Entersekt.

SEPA Cyber Technologies Unlocks a New Market for MultiBank

Monday, June 28, 2021 - 3:00pm

To reach this aim, SEPA Cyber Technologies is consulting MultiBank on licensing and incorporation as well as principal membership for VISA, MasterCard, and Union Pay.

Key Points: 
  • To reach this aim, SEPA Cyber Technologies is consulting MultiBank on licensing and incorporation as well as principal membership for VISA, MasterCard, and Union Pay.
  • The revolutionary services of SEPA Cyber will open the doors for MultiBank to complete digitalisation.
  • 'We are extremely honoured that a financial giant such as Multibank Group has chosen SEPA Cyber with the delivery of financial technologies and consultancy services.
  • SEPA Cyber Technologies is an award-winning fintech company that enables the establishment of neobanks and digitisation of financial services.

SEPA Cyber Technologies Unlocks a New Market for MultiBank

Monday, June 28, 2021 - 11:43am

To reach this aim, SEPA Cyber Technologies is consulting MultiBank on licensing and incorporation as well as principal membership for VISA, MasterCard, and Union Pay.

Key Points: 
  • To reach this aim, SEPA Cyber Technologies is consulting MultiBank on licensing and incorporation as well as principal membership for VISA, MasterCard, and Union Pay.
  • The revolutionary services of SEPA Cyber will open the doors for MultiBank to complete digitalisation.
  • 'We are extremely honoured that a financial giant such as Multibank Group has chosen SEPA Cyber with the delivery of financial technologies and consultancy services.
  • SEPA Cyber Technologies is an award-winning fintech company that enables the establishment of neobanks and digitisation of financial services.

DGAP-News: CECONOMY AG further enhances post-pandemic financing structure with €500 million 5-year senior unsecured bond

Friday, June 18, 2021 - 5:01pm

The securities referred to herein are not being offered to the public in the European Economic Area ("EEA") within the meaning of Regulation (EU) 2017/1129 (the ''EU Prospectus Regulation'').

Key Points: 
  • The securities referred to herein are not being offered to the public in the European Economic Area ("EEA") within the meaning of Regulation (EU) 2017/1129 (the ''EU Prospectus Regulation'').
  • In member states of the EEA, this announcement is directed only at persons who are ''qualified investors'' within the meaning of the EU Prospectus Regulation.
  • This announcement must not be acted on or relied on in any member state of the EEA by persons who are not qualified investors.
  • Any investment or investment activity to which this announcement relates is available only to qualified investors in any member state of the EEA.

Payshop Goes Live with BHMI’s Concourse, Powering Seamless Back Office Transaction Processing

Tuesday, June 15, 2021 - 2:00pm

Concourse processes SIBS payments and Single European Payments Area (SEPA) transactions for Payshop, as well as all other transactions passing through Payshop and CTT front-end systems via a Unified Meta Transaction Format (UMTF) for back office processing.

Key Points: 
  • Concourse processes SIBS payments and Single European Payments Area (SEPA) transactions for Payshop, as well as all other transactions passing through Payshop and CTT front-end systems via a Unified Meta Transaction Format (UMTF) for back office processing.
  • The flexible, robust back office solution is ideal for our omni-channel processing needs, supporting Payshops users, strategic objectives and continued growth.
  • For more information, please visit www.payshop.pt
    BHMI is a leading provider of product-based software solutions focused on the back office processing of electronic payment transactions.
  • Concourse is a cohesive and integrated package, including settlement, reconciliation, fees processing, and disputes workflow management, that reduces the cost and complexity of back office processing.

Volante Technologies And SIA Partner To Boost Instant Payments In Europe

Tuesday, June 15, 2021 - 9:30am

Adopters of the Volante and SIAnet solution will benefit from cloud payments processing as a service and outstanding resiliency and network infrastructure performance.

Key Points: 
  • Adopters of the Volante and SIAnet solution will benefit from cloud payments processing as a service and outstanding resiliency and network infrastructure performance.
  • Domenico Scaffidi, Vice President, Global Industry & Regulatory Affairs, Volante Technologies said, "The number of payment schemes across Europe continues to climb.
  • The partnership will also enable joint customers to extend the service to other payment types beyond SEPA Instant Payments."
  • "The partnership with Volante Technologies is an important step in implementing SIA's strategy to develop instant payments for banks and financial institutions in Europe and we are fully committed to supporting the success of this initiative.

Volante Technologies And SIA Partner To Boost Instant Payments In Europe

Tuesday, June 15, 2021 - 9:30am

Adopters of the Volante and SIAnet solution will benefit from cloud payments processing as a service and outstanding resiliency and network infrastructure performance.

Key Points: 
  • Adopters of the Volante and SIAnet solution will benefit from cloud payments processing as a service and outstanding resiliency and network infrastructure performance.
  • Domenico Scaffidi, Vice President, Global Industry & Regulatory Affairs, Volante Technologies said, "The number of payment schemes across Europe continues to climb.
  • The partnership will also enable joint customers to extend the service to other payment types beyond SEPA Instant Payments."
  • "The partnership with Volante Technologies is an important step in implementing SIA's strategy to develop instant payments for banks and financial institutions in Europe and we are fully committed to supporting the success of this initiative.