EuPlătesc, one of Romania’s leading payment processors and a payment institution authorised by the National Bank of Romania (NBR), is implementing the first phase of its direct connection to the RoPay infrastructure developed by TRANSFOND. Access for Processor-type participants to the RoPay scheme enables instant payment acceptance for the merchants they serve and represents a new milestone in the evolution […]

AUSTRIACARD HOLDINGS AG today announced a major technological milestone: its latest smart card OS is among the first globally to enable the latest Visa Inc. 3.1 VIS and VCPS specifications, including advanced AES and ECC cryptography, with simultaneous support for the new Mastercard Incorporated ECOS standard. The public Visa approval marks a global first, underscoring AUSTRIACARD’s ability to deliver cutting-edge […]

The partnership eliminates manual processing of factoring invoices and introduces automated filtering and semantic comparison of e-Invoicing flows into the Romanian financial system. Profluo, the Romanian platform for financial process automation powered by agentic AI, has strengthened a strategic partnership with Banca Comercială Română (BCR) to digitalize factoring workflows. Connecting BCR’s factoring system to the e-Factura infrastructure marks a national […]

EuPlătesc, one of Romania’s leading online payment solution providers, announces that it has obtained a Payment Institution license from the National Bank of Romania (NBR), marking a defining milestone in the company’s evolution and strengthening its role within the digital payments infrastructure. After 20 years of activity in the local market, EuPlătesc is transitioning from a payment processing and integration […]

N-BioCard is a pioneering payment solution that redefines financial security through state-of-the-art biometric technology. The “N” in N-BioCard stands for “Next Generation,” emphasizing the card’s role in leading advancements in payment technology. It highlights how the card’s integration of advanced biometric features sets a new benchmark for security and convenience in financial transactions, showcasing its position at the forefront of […]

Garanti BBVA International, a provider of corporate banking, trade finance, and investment services across Europe, has extended its use of ASEE’s InACT® External Fraud Detection & Prevention solution to cover a broader range of banking operations—including digital channels. With the platform’s new architecture now live, InACT® supports real-time transaction monitoring, enhanced integration capabilities, and instant data analysis—enabling faster decision-making and […]

BLIK has just turned ten and is now one of the most widely used payment methods in Poland. Over the past decade, users have completed 7 bn transactions, with their total value approaching one trillion PLN.  The year 2024 was another record-breaking period – the number of transactions exceeded 2.4 bn, marking a 37% year-on-year increase, while their total value […]

The system will operate under the continuous supervision of the Romanian financial regulator BLIK Romania, registered in Bucharest, has obtained authorization for the operation of the BLIK payment system. This decision will enable the development of this system in local currency (RON) and open it to Romanian payment service providers. As a first step, the operator plans to focus on […]

XIGA, an insurtech startup advancing the concept of Embedded Insurance in the Central and Eastern Europe region, and in which LIFE IS HARD holds a 10% stake through LIH Ventures, is launching the first car insurance campaign embedded within the TikTok platform in Romania. This initiative is in partnership with Tudor Bratu, an automotive content creator and former TV show […]

Allevo successfully completes a complex project, supporting 17 banks successfully connect to the new ReGIS system, operated by the National Bank of Romania. These account for half of the system’s participant banks and sum a market share of about 50%. „ReGIS is the national funds transfer system with real-time gross settlement (RTGS) for payments in lei owned and operated by […]

Starting this autumn, new customers, individuals, are one click away from accessing a General-Purpose Loan 100% online. In addition, until 31.12.2023 they can benefit from promotional interest starting with 8.49% on the platform. Patria Bank launched Patria de Oriunde digital platform in 2021 and in first phase, the focus was to offer to new individuals customers 100% online onboarding journey […]

NN paid its insurance clients and private pension funds participants total benefits of 444 million lei in the first half of 2023, up by 24% compared to the same period of last year. NN has thus continued to provide real financial support to clients in unforeseen situations they faced, as well as additional income at retirement, and closed the first […]