ECB extends oversight of electronic payments to digital wallets and crypto-assets. Overseen companies to adhere to new principles within one year.

Framework assesses security and efficiency of electronic payments, including electronic wallets and crypto-asset-related services. ECB calls for swift progress on overseeing global digital payment solutions and stablecoins. The ECB’s Governing Council has approved a new oversight framework for electronic payments following a public consultation. The framework is designed to make the current and future payments ecosystem safer and more efficient, as part of the ECB’s statutory task to promote the […]

Key trends shaping the future of payments – Accenture

The future of the payments landscape is hard to predict. Will account-to-account payments replace traditional card rails? Will central bank digital currencies (CBDCs) replace the role of payment intermediaries? What new use cases will this unlock for merchants? Only time will tell how far these innovations go, but the cost of inaction is likely to increase due to the simple fact that if payment providers don’t innovate, new global fintechs […]

48% of financial institutions report that regulatory compliance has slowed digital transformation, according to a OneSpan report. The company is coming to Banking 4.0.

OneSpan’s second annual Global Financial Regulations Report reveals coming regulations aimed at digital currencies and securing digital economies OneSpan, the global leader in digital banking security and e-signatures, today released its second annual Global Financial Regulations Report. In conjunction with comprehensive research into how the changing regulatory landscape is impacting the banking community, this year’s report also reveals how financial institutions are responding to new challenges presented by increasingly innovative […]

Passwordless future with FIDO – first European FIDO2 solution for payments was put to practical use at PLUSCARD by Entersekt and Netcetera. Entersekt is coming to Banking 4.0.

In a Europe-first implementation in partnership with Netcetera, the FIDO authentication standard for payments was recently instituted at PLUSCARD, a full-service processor for numerous card-issuing institutions throughout Germany. The solution, developed over several months, enabled secure, unrestricted card payments on the internet without needing a mobile device for mandatory two-factor authentication. The need for app-free strong customer authentication Since 2019, Entersekt had been engaged in talks with long-standing partner PLUSCARD […]

Finastra expands payments compliance offering. The company is coming to Banking 4.0.

Finastra today announced the introduction of new anti-money laundering (AML) compliance capabilities integrated with its Fusion Global PAYplus core payments solution, via Fincom.co and the FusionFabric.cloud open developer platform. „Banks can tap into the Fincom.co AML screening app to access real-time compliance screening functions in line with regulatory requirements, which only continue to increase in volume and diversity, lowering operational costs,” the company said. Gideon Drori, CEO at Fincom.co said, […]

FintechOS invests $15 million to update their platform. New capabilities include ‘Buy Now, Pay Later’, split payments loans, overdraft and credit facility options for end customers, as well as new mortgage products. The company is coming to Banking 4.0.

FintechOS invests $15 million to update their platform. New capabilities include ‘Buy Now, Pay Later’, split payments loans, overdraft and credit facility options for end customers, as well as new mortgage products. The company is coming to Banking 4.0. FintechOS, a technology provider for banks, insurers, credit unions and other financial services companies, today unveiled its latest product release FintechOS 22. „FintechOS 22 combines composable digital and core business blocks […]

Banking 4.0. Attendance in hybrid format (in person and online) remains a viable first option. Out of an abundance of caution, Organizers are considering other options.

The HG no. 1130/2021 was published in the Official Gazette. The new Governmental decision details the new rules going into effect starting Monday, 25th October 2021. According to article 1, line 1 „to prevent the spread of SARSCoV-2 meetings, processions, concerts, spectacles, workshops, conferences and other types of gatherings are forbidden”. How is the decision affecting Banking 4.0? The restrictions come into effect starting today, 25 October, for 30 days. […]

Smart Fintech becomes the first third-party provider in Romania authorized on both Open Banking services: account information & payment initiation. The company is coming to Banking 4.0.

Smart Fintech marks a new premiere in Romania, becoming the first third-party provider licensed on both open banking segments. „After becoming the first authorized payment institution in Romania under the PSD2 European directive in April, the start-up also received earlier this month authorization as an account information service provider from the National Bank of Romania, the regulatory authority,” according to the press release. „We are very proud that we are […]

Banking 4.0 International Conference – first 40 speakers from 19 countries have already confirmed. Early Bird starts tomorrow with a 40% discount for two weeks.

The organising committee of Banking 4.0 – the international conference dedicated to emerging technologies and new trends in banking – are happy to announce that the first 40 experts from 19 countries are confirmed (Belgium, Cyprus, Finland, France, Germany, Israel, Italy, Luxembourg, UK, Poland, Czech Republic, Romania, Republic of Moldova, Slovakia, Spain, Switzerland, The Netherlands, Thailand and Hungary). “This year we aim at becoming the most important fintech event in […]

Enfuce named to the 2021 CB Insights Fintech 250 list of top fintech startups. The company is coming to Banking 4.0

CB Insights today named Enfuce to the fourth annual Fintech 250, a prestigious list of emerging private companies working on groundbreaking financial technology. This year’s list was unveiled on stage at CB Insights’ Future of Fintech conference in New York City. “This is the fourth class of the Fintech 250, and it’s also the most international, representing 26 countries.  These 250 fintech startups are attacking an incredibly diverse array of financial services opportunities across […]