WEEKLY FACTS - Week 14

Every day, ADN'ews analyses the latest innovations and news on financial services and international payment. Focus on announcements that should not be missed this week and that outline major trends in the sector.
BNPL shows a decline in usage in France
Specialist in Buy Now Pay Later in France, Floa, also subsidiary of BNP Paribas, just presented the latest results of its barometer realized with the leader of marketing data and Kantar analysis. This fourth edition sheds light on the evolution of payment practices in France and, more specifically, on the uses of BNPL's solutions. And the French market stands out by recording a decline in uses.
The current situation is definitely not the same for the BNPL, which is facing the tightening of its regulations. And this context of tension is international. In Europe, the new European Consumer Credit Directive (DCC2) is now interested in all mini-credits and split payment solutions. This regulation, adopted in 2023, is intended to be stricter and imposes on BNPL services the same rules as on consumer credit.
Qonto manages invoice reconciliation through AI
French Fintech specialized in the proposal of financial services to professionals, Qonto Today offers a new innovative service to integrate the latest technologies of Artificial Intelligence into financial services. Its service takes the form of an automated invoice reconciliation tool, developed in partnership with Twin on the basis of advanced OpenAI technology.
Standard Chartered further accelerates the democratisation of banking AI
The British Bank Standard Chartered announced the deployment of a new generating AI tool in a synchronised and generalized way to its entire network around the world. 41 markets are thus concerned for what represents a new step in the democratisation of AI generative technologies within the international banking sector.
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