WEEKLY FACTS - Week 37
Every day, Adnews reviews 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.
Government tightens tone on BNPL
The Council of Ministers was recently considering the issue of consumer credit. The Minister of Economy, Finance and Industrial and Digital Sovereignty presented a Consumer Credit Ordinance. The latter aims to strengthen the rules in force in France and to harmonise the different standards applicable within the European market. It concerns in particular the BNPL.
Ant International launches "agentic" payment solution
Company Antom (provider of payment and digitisation services for group traders) Ant International) has just announced the launch of a 'agentic' payment solution to enable intelligent agents (AIs) to make payments independently and securely. Its positioning relies on partnerships signed with global payment references such as Mastercard or Visa to win a market in the future.
Irish banks wear their own personal payment solution
While an alliance was finally found between the two main players in the harmonisation of payments in Europe, EPI and EuroPA, Irish banks, which are not affected by the deployment of Wero, are currently promoting a local initiative by announcing the upcoming launch of their own mobile payment solution between individuals. This announcement is led by the Banking & Payments Federation Ireland (BPFI), the spokesperson for banks and payments in Ireland, and the specialist in electronic payment Nexi.
The launch of Zippay in Ireland represents a new local payment wallet initiative. It is to this extent that its entry into the Irish market today may seem dissonant, while Nexi is one of the founding shareholders of PPE. However, the Irish market has local specificities in P2P payment and customer appetite for instant, simple services integrated with existing banking apps. But neither Wero nor PPE today have an immediate operational presence or a dedicated deployment programme in the Irish market.
Within EPI, the roadmap foresees, at first in any case, the priority deployment of Wero to the highly structured major markets. An opening to new countries or compatible local solutions is only subsequently foreseen. Nexi therefore takes on an industrial pragmatism here: it brings a solution in line with the expectations of the local market today, while remaining compatible with a future connection to the European infrastructure of EPI/Wero when it is ready for Ireland.
Traduit automatiquement via Libretranslate / Automatically translated via Libretranslate