Tag "fintech"

Revolut 2025: The fintech giant takes things to new heights

One of the most prominent players in the fintech world, Revolut, has announced its ambitious plans for 2025. The company, which has gained more than 10 million new customers this...

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Generation Z starts investing and saving already in their teens

Generation Z begins to invest earlier and to a greater extent than any other generation: they start as early as 19 years old and, compared to previous generations, they also...

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Finshape acquires majority ownership in one of Central Europe’s leading innovation agencies, Direct People

Finshape, the leading international provider of digital banking solutions, acquires majority ownership in Direct People, one of Central Europe’s oldest innovation agencies based in the Czech Republic, Finshape’s management announced....

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Majority of young people think bank cards can retire now

According to the latest K&H youth index survey, in Q2 2024 72% of 19-29 year olds thought paying with their smartphone or smart watch was just as secure as a...

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Expanding FinTech sector in Hungary: digital development continues to improve

The Hungarian FinTech sector shows continuous growth, there are currently more than 200 active FinTech companies operating in our country. For the fifth time, the Magyar Nemzeti Bank (MNB) has...

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Last year, Barion, which offers online payment solutions, achieved an increase in sales of nearly 60%

Barion, specializing in data-driven payment solutions, already serves its e-commerce partners in more than 15 countries. In 2023, the Hungarian fintech company achieved a total of 6.8 million euros in...

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What makes myPOS more?

Businesses have instant access to their revenues, are able to use the E-Nyugta electronic receipt system, don’t have unnecessary service use costs, and can manage their finances using single system...

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The spring campaign of Számlázz.hu is here

The latest campaign of the dominant fintech company was coordinated from concept to production by the Republic Group team. The creatives will also appear on outdoor and digital surfaces, i.e....

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Digital factoring is coming to Hungary – invoices can be exchanged for cash within 24 hours

Számlázz.hu has opened the possibility of digital factoring to all its customers. With the help of the service, the entrepreneur can convert his invoices into cash within up to 24...

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Coca-Cola HBC Hungary is introducing a fintech solution

Thanks to banking and fintech cooperation, customers of the Coca-Cola HBC group of companies will be the first in Hungary to be able to pay by instant transfer and card....

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Cash For Touch – SoftPOS Boosts Shopping Experience

Solving a problem in a single move – one of the most valuable improvements modern technology can offer for the efficiency of our accelerated lifestyles. It’s no coincidence that online...

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It will be easier for domestic companies to refer to the UK

After Brexit, Hungarian companies also found it more difficult to trade with the United Kingdom, not only logistically but also financially. However, despite leaving the EU, economic relations between the...

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MNB: the digitalisation of the financial sector has improved further

After the pandemic, the digital transformation of the financial sector gained new momentum: an increasingly wide range of banking products is available digitally, and more than 80 percent of customers...

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The venture capital market broke records last year

Venture capitalists went hard in 2021. Data collected from a number of sources indicates that last year set venture capital records around the world. From dollars invested to deal volume,...

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2021 was an incredibly strong year for the fintech market

Last year, a record number of transactions brought global fintech investments to their second highest annual value ever recorded. Of the sub-areas, the payment services market was still the most...

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New senior managers support the digitization efforts and communication of Magyar Bankholding

The management of Magyar Bankholding is enriched with two more renowned experts: Roland Pecsenye, a renowned fintech specialist, joins the banking group as deputy CEO responsible for digitalization and operations,...

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Széchenyi Funds has invested in digital technology to support management

Széchenyi Funds has invested HUF 900 million in Billingo, which is designed to facilitate the daily lives of entrepreneurs. Founded in 2014, the company outpaced several large companies and became...

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Magazine: PayTechShow: Payment in just a second

The PayTechShow was organised for the first time in October, and its objective was to discuss the future of electronic payment services. Participants worked in three sections, there were nearly...

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Revolut: Already 250,000 users in Hungary

Revolut has announced that they already have 250,000 users in Hungary. The London-based fintech company’s app can be used for shopping abroad with good exchange rates and for transferring money...

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Seven out of ten Hungarians pay with cash, but instant payment can change this practice

You can boost your online purchases with instant payments or rewrite your everyday payment habits – was said Tuesday at the first ever PayTechShow in Budapest. In addition to global...

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Instant payment – later

On 28 May 2019 the Central Bank of Hungary (MNB) postponed the introduction of the instant payment system in Hungary, the new date is now 2 March 2020. MNB decided...

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Magazine: Blockchain is waiting for retail to discover it

On 16 October the Budapest Chamber of Commerce and Industry (BKIK) organised a conference about the not yet utilised opportunities offered to retail by the blockchain technology. Zoltán Házi, the...

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EU Directive confronts banks with new challenges

The first Payment Services Directive (PSD) introduced the SEPA bank transfer standard that is currently valid throughout Europe in 2009. The second to open up the banking market is now...

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