Tagged: france

December 9, 2024 @ 9:14 am By Michael Wong  |  

French crowdfunding platform Ulule has acquired its KissKissBankBank from La Banque Postale for an undisclosed amount, according to reports.  La Banque Postale acquired KissKissBankBank in 2017. At the time of the purchase the CEO of La Banque Postale explained the move as responding to new consumption… Read More

December 7, 2024 @ 2:20 pm By Tony Zerucha  |  

Political turbulence in Europe and Asia is driving renewed focus on decentralized, non-government-backed currencies like Bitcoin. That is one reason why deVere Group CEO Nigel Green sees the cryptocurrency’s value topping $120,000 in the coming months. Green made the comments in the wake of a… Read More

December 6, 2024 @ 8:53 am By Omar Faridi  |  

Mambu, a cloud banking platform, announced the acquisition of Numeral, a French payment technology provider for banks and fintechs. The acquisition reportedly aims to strengthen Mambu’s position as a key industry player in a move that underscores market confidence and “demand for modern financial experiences.”… Read More

December 3, 2024 @ 10:53 am By JD Alois  |  

Qonto, a European neobank based in Paris, has distributed a report that claims digital banking options now top traditional banks in regard to adoption rates. Launched in 2017 and focusing on SMEs, Qonto reports over 500,000 firms using its platform. Qonto is the commercial name… Read More

November 18, 2024 @ 8:47 am By Omar Faridi  |  

Surecomp announced that, together with BNP Paribas and Vanderlande, it has reportedly piloted a new corporate-to-bank connectivity standard designed by Swift and the International Chamber of Commerce (ICC). The Application Programming Interface (API)-based communication channel enabled Dutch logistics company Vanderlande – a key player focused on … Read More

November 14, 2024 @ 9:25 am By Omar Faridi  |  

ETFs win over “newcomers” as they invest into the stock market, the Autorité des Marchés Financiers (AMF) noted while adding that the the rise in ETFs which aim to track the performance of an index, in its Active Retail Investor Dashboards. Its analysis of this… Read More

November 10, 2024 @ 9:46 pm By Omar Faridi  |  

Denis Beau, the First Deputy Governor of the Banque de France noted recently the use of Artificial intelligence (AI) is on the rise and that the possibilities offered by this set of technologies seem “immense.” Beau added in a blog post from the Banque de… Read More

November 6, 2024 @ 8:17 am By Omar Faridi  |  

Banque de France and Monetary Authority of Singapore conducted post-quantum cryptography experiment to enhance communication security. The Banque de France (BdF) and the Monetary Authority of Singapore (MAS) today announced the completion of a joint experiment in post-quantum cryptography (PQC) conducted across “continents over conventional… Read More

November 4, 2024 @ 6:46 pm By Omar Faridi  |  

The AMF in France and the AMMC in (Morocco) are reportedly said to be strengthening their ongoing cooperation. On 29 October 2024, the Autorité des Marchés Financiers (AMF) and the Moroccan Capital Market Authority (AMMC) signed a cooperation and “mutual assistance agreement’ in the field… Read More

October 31, 2024 @ 9:21 am By Omar Faridi  |  

Feedzai, the RiskOps platform, offering AI-powered solutions to protect people and payments against financial crime, reveals that 42% of French citizens will use fingerprint authentication to secure their payments, especially among the younger generation aged 18-34, where the rate is 56%. Although 32% of respondents… Read More

October 29, 2024 @ 11:11 am By JD Alois  |  

The Participatory Finance College of France (the entity that represents crowdfunding in France), along with FintechParis Europlace, the French Banking Federation, and France Post Marché (representing the banking institutions managing the plans), have announced they created a procedure for acquiring or subscribing to unlisted securities… Read More

October 29, 2024 @ 10:40 am By JD Alois  |  

Smart Lenders AM has signed an exclusive arrangement with Pony via its Lending Smart Fund 1. Pony is an online lender in the mobility sector operating in 21 different cities in France and Belgium. It finances scooters, bicycles, and other mobility items. The credit is… Read More

October 15, 2024 @ 8:33 am By Omar Faridi  |  

France’s crypto hardware wallet maker Ledger says that it is sharply focused on maintaining a high level of security and privacy. Since launching the Ledger Live companion app, the French digital currency hardware wallet maker has continued to work on further improving the user experience… Read More

September 24, 2024 @ 7:22 am By JD Alois  |  

European payments provider Mangopay has been enlisted by Troc Vélo to power transactions on its platform. According to a statement by the firm, Mangopay’s solutions will help Troc Vélo streamline second-hand purchases between individuals.  Troc Vélo is described as the leading platform for buying and… Read More

September 19, 2024 @ 11:28 am By JD Alois  |  

Last week at the Digital Commonwealth’s Mansion House Summit Series, Tom Kiddle, co-founder of Palisade – a digital asset custody firm, spoke about his opinion on MiCA. Palisade is a regulated firm based in France. The European Union has approved MiCA, or Markets in Crypto Assets regulation. MiCA aims… Read More

September 3, 2024 @ 11:10 am By JD Alois  |  

Axway (Paris:AXW) says it has completed the acquisition of Sopra Banking Software for an enterprise value of €330 million. The deal was previously revealed this past February. Axway said the acquisition was enabled by the support of investors who supported a share capital increase of… Read More

August 22, 2024 @ 10:15 am By JD Alois  |  

In 2020, the French Autorité des Marchés Financiers (AMF) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR) added OmegaPro and affiliated platforms to its “blacklist” of trading platforms that consumers should avoid. Unfortunately, that was insufficient to deter people from throwing good money… Read More

August 12, 2024 @ 1:32 pm By JD Alois  |  

Ticombo will work with Mangopay to improve the ticket-selling and buying experience. According to a release,  Mangopay will manage Ticombo’s end-to-end payment flow. Berline-based Ticombo allows event organizers, resellers, and consumers from around the world to sell or resell event tickets. Atle Barlaup, co-founder and… Read More

August 11, 2024 @ 4:29 pm By Omar Faridi  |  

Adyen (ADYEN:AMS) says they are experiencing a surge in transaction volumes at retail and hospitality outlets in France due to increased traffic from the Summer of Sports. With visitors flocking to France, Adyen is keeping track of the latest payment trends. Since July 24th, Adyen has… Read More

August 9, 2024 @ 8:48 am By Omar Faridi  |  

Thunes, a global money movement innovator, has now enabled hundreds of merchants in Paris to accept cross-border payments from 15 international e-wallets and mobile partners via Alipay+. This collaboration leverages the Thunes Global Network, “enhancing convenience for Asian tourists in France, as they enjoy a… Read More