In brief: Lugh registered as a PSAN by the AMF
Casino launched the first stablecoin backed by the Euro in March 2021. Called Lugh, it was developed on the basis of a partnership signed between...
Payment news
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Anti-money laundering is also about collaborative technology
The Autorité de contrôle prudentiel et de résolution (ACPR) has presented its new ambitions in the fight against fraud and mo...
Treezor ticks all the boxes in terms of accreditation
FinTech Treezor, the French reference in Banking-as-a-Service (BaaS), has just announced that it has reached a new stage in the consolidation of ...
In brief: Alma wants to accelerate in business financing
The fintech Alma, which specializes in fractional and deferred payments, has just announced that it has validated the obtaining of a double appro...
Revolut hits record losses
The British neo-bank Revolut has just published the results of its activity for 2020. Its recently posted profitability is now giving way to sign...
In brief: Market Pay enables payment initiation
Market Pay, the European payment platform initially designed to meet the challenges of Carrefour's omnichannel commerce, is adding a new payment ...
Payments Insight May 2021: Cash-back – Reinventing a financial tool
Cash-back – Reinventing a financial tool UNITED STATES - Credit Karma gives cash-back ran...
ACPR fears BigTech more than FinTech
FACTS The rise of FinTech is rocking the boat. Beyond the predicted revolution of the financial market, the French Competition Authority id...
Regulatory insight on the challenges of strong authentication and SMS OTP
FACTS The ACPR recently reminded PSPs of their obligation to reimburse all fees related to unauthorized bank card transactions within one b...
FinTech: Crédit Agricole Buys Out Linxo
FACTS Crédit Agricole will be holding a majority share in the French account aggregation and payment initiation specialist Linxo.
Qonto Closes a Major Financing Round, Aims for Banking Status
FACTS The neo-bank for SMEs Qonto announces a major financing round on the French FinTech market.
Banque de France to Test a Central Bank Digital Currency?
FACTS During a conference held by the ACPR, the Banque de France announced they were running tests to craft a Central Bank Digital Currency...
BtoB Payments: Libeo Raises €2 Million
FACTS The Paris-based start-up Libeo, specialising in suppliers’ invoice management and payment, raised €2 million.
Payments News in Brief – September 2019
Players’ Strategy UNITED KINGDOM – Curve opened their capital to large audiences for a short while via the crowdfunding platform CrowdCube....
FinTech: Checkout.com Enters the French Market
FACTS Checkout.com –London-based e-payment FinTech– has been granted an e-money licence by the ACPR (Autorité de Contrôle Prudentiel et de ...
Max Adds an Account to Account Credit Transfer Service
FACTS Max, personal assistant and aggregation service by Crédit Mutuel Arkéa, expands their range of offers with a credit transfer option b...
Ahead of Brexit, Ipagoo Enters the French Market
FACTS The British FinTech Ipagoo, subsidiary of Orwell Group, has been granted approval by the ACPR.
News in Brief – January 2019
Players’ Strategy INTERNATIONAL – nexo (international standard for accepting cross-border card payments) kept making progress and attracted...
ADN’co Payments Insight – December 2018
POS Checkout – Work Underway in the Retail Sector FRANCE – Carrefour tests a fully automated, contactless store. Read more UNITED STATES ...
Lemon Way: Another Funding Round to Aim for Futher Expansion
Lemon Way reported 55% growth last year and now announces a 10 million euros funding round from the French VC firm Breega and Austrian VC Speedin...
