Tag: PayTech News Europe

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Ireland’s Synch ditches plans to roll out mobile payments app

Synch Payments, founded in 2020 by leading Irish banks AIB, Bank of Ireland, Permanent TSB, and KBC, is abandoning plans to launch its...

Landsbankinn partners Meniga to launch open banking-powered PIS and AIS services

Landsbankinn, Iceland’s largest bank, partners with UK-based Meniga for open banking services. Introduces Payment Initiation Services (PIS) and Aggregation Services (AIS) through the...

European regulators agree on new rules for SEPA instant payments

Instant Payments Expansion:European governing bodies agree on new rules to increase the availability of instant payments. Banks and payment service providers offering...

FCA calls for “robust frameworks” to detect fraud and support victims

The UK's Financial Conduct Authority (FCA) urges firms to enhance anti-fraud systems. The FCA's recent review revealed both good and poor practices in...

Block’s Cash App withdraws bid for Irish virtual asset licence

Cash App withdraws VASP license application in Ireland. The peer-to-peer platform sought a license from Ireland’s central bank for virtual asset and cryptocurrency...

Wise temporarily pauses new business onboarding in Europe

Wise temporarily pauses business onboarding in Europe. High demand was cited as the reason for the onboarding freeze. UK businesses onboarding resumes, with...