CEC Bank’s Mobile Banking app allows payment initiation from accounts opened at other banks. CEC Bank moves to the next level in open-banking and launches initiation of payments from accounts at other banks through its Mobile Banking application. „CEC Bank is the first bank in Romania to allow the initiation of payments through Open-Banking. In a first phase the service being available for customers with accounts at Banca Transilvania, Raiffeisen […]
Financial Technology Partners, the only investment banking firm focused exclusively on the financial technology sector, released a new report focused on open banking: Rearchitecting the Financial Landscape. The report provides an overview of trends related to Open Banking, Banking-as-a-Service, and Embedded Finance globally. It also offfered a detailed landscape of FinTech companies in the Open Banking and Embedded Finance space. The FT Partners report recognize Finqware, a European technology company based […]
CEC Bank, one of the largest retail banks in Romania, becomes one of the first banks to commercially launch features based on open banking in the CEE region. In the Romanian market, CEC Bank and Banca Transilvania, the market leader, having launched a similar feature in its NEO platform in September 2020, are the only players capitalizing on the implementation of Revised Payment Services Directive (PSD2) by connecting to data […]
In an interview with ThePaypers, Cosmin Cosma, Finqware’s CEO, shares insights on Open Banking’s presence in CEE, its struggles, benefits, and use cases, along with how banks react to this new environment. The state of affairs of Open Banking in Romania (or CEE region) Currently, Romania, like most other countries in the CEE, is facing a growing but still low level of Open Banking services adoption, as compared to more advanced countries. In […]
Finqware isi continua ofensiva in promovarea serviciilor pe zona de open banking. Dupa Banca Transilvania, cu care Finqware a implementat serviciul de agregare a conturilor in septembrie anul trecut, acum compania anunta ca o noua banca de top urmeaza sa-l lanseze in curand. „În acest moment suntem LIVE cu cea mai mare bancă din România. Sunt zeci de mii de utilizatori care își folosesc aplicația pentru a-și vedea și conturile […]
„Din realitatea lucrului cu aceste API-uri, va pot spune ca nu toate aceste link-uri functioneaza si nu toate sandbox-urile respective sunt intr-adevar disponibile pentru testare. Si asta speram sa se remedieze cat de curand,” a declarat Cosmin Cosma, cu ocazia prezentarii stadiului adoptiei open banking-ului in Romania, in cadrul Galei NOCASH. Intentia organizatorilor Galei a fost ca, impreuna cu Finqware, sa prezinte un studiu aprofundat, stiintific, pe cativa indicatori clar […]