Europe
🎉 Europe: Tap to Pay feature coming to iPhone in eight countries Paid Members Public
🎉 Europe: Tap to Pay feature coming to iPhone in eight countries Apple has announced the rollout of Tap to Pay on iPhone in Belgium🇧🇪, Greece🇬🇷, Denmark🇩🇰, Iceland🇮🇸, Cyprus🇨🇾, Luxembourg🇱🇺, Malta🇲🇹, and Croatia🇭🇷. ➡️ Tap to Pay on iPhone allows merchants, regardless of business size, to accept contactless payments via credit and
📢 Serbia🇷🇸 joins the SEPA system Paid Members Public
📢 Serbia🇷🇸 joins the SEPA system Serbia’s accession to the SEPA system is now official. This move is part of the “Growth Plan for the Western Balkans,” an EU initiative aimed at promoting the economic and social integration of countries in the region into European structures. ➡️ From now on, payment
☠️ As part of sanctions against Russia🇷🇺, the EU has proposed disconnecting 20 more banks from the SWIFT system Paid Members Public
☠️ As part of sanctions against Russia🇷🇺, the EU has proposed disconnecting 20 more banks from the SWIFT system The 17th sanctions package includes the proposal to disconnect 20 more banks from the SWIFT system. It also covers expanded restrictions against the Russian Direct Investment Fund (RDIF), measures targeting the Nord
😔 Turkey🇹🇷: Is Papara finished? Who's to blame and what now? Paid Members Public
😔 Turkey🇹🇷: Is Papara finished? Who's to blame and what now? Turkish fintech Papara has been declared a “criminal organization”. Thirteen employees were arrested in Istanbul, and authorities seized numerous assets, including 3 safes, 74 vehicles, 7 apartments, and villas. Some platform functions have been disabled for users. ▶️ Why?
💯 Performance in Central and Eastern Europe: Raiffeisenbank 🇦🇹 ➕ Wise Platform 🇬🇧 🟰 streamlined cross-border payments Paid Members Public
💯 Performance in Central and Eastern Europe: Raiffeisenbank 🇦🇹 ➕ Wise Platform 🇬🇧 🟰 streamlined cross-border payments The new partnership enables Raiffeisen clients to make international transfers directly from their accounts—faster, easier, and more efficiently. ⏩ Target audience: individual customers as well as small and medium-sized enterprises (SMEs). ⏩ Through this integration, Raiffeisen joins Wise’s
🎉EU: Crypto custodian BitGo🇺🇸 receives MiCA license in Germany🇩🇪 Paid Members Public
🎉EU: Crypto custodian BitGo🇺🇸 receives MiCA license in Germany🇩🇪 BitGo is now authorized to offer crypto custody and staking services across Europe—not only to crypto-native companies but also to traditional financial institutions. ▶️ In 2023, BitGo opened an office in Frankfurt and successfully registered in Italy🇮🇹, Spain🇪🇸, Poland🇵🇱, and Greece�
⚡️UK 🇬🇧: Regulator considers scrapping the £100 contactless payment limit Paid Members Public
⚡️UK 🇬🇧: Regulator considers scrapping the £100 contactless payment limit The Financial Conduct Authority (FCA) is considering adopting the US🇺🇸 model, which does not impose a fixed cap on contactless payments. ➡️ The proposal doesn't aim to eliminate transfer limits entirely, but rather to allow banks to set their own
⚡️Northern Europe and Estonia 🇪🇪 develop offline card payment systems Paid Members Public
⚡️Northern Europe and Estonia 🇪🇪 develop offline card payment systems Finland 🇫🇮, Sweden 🇸🇪, Norway 🇳🇴, Denmark 🇩🇰, and Estonia are working on initiatives to safeguard card payments in the event of connectivity disruptions. ▶️ Since card transactions typically rely on uninterrupted access to international networks, these governments are developing solutions that enable encrypted transaction data