2 /2023 News from the world of Open Banking&Open Finance in Southeast Europe |
|
|
The long-awaited change in the European payment legislation is a fact, as the European Commission presented it's proposal for the new payment directive PSD3. The legislative act has its background of two years of consultation and research amongst all participants in the payments business and especially the Open Banking ecosystem. IRIS Solutions was engaged in this process and is happy to see that a lot of the suggestions made by the European Digital Finance Association working group on open banking are reflected. Here you may see IRIS Solutions' analysis of the European Commission’s proposal on PSD3/PSR and Financial data access (FIDA). |
|
|
The Electronic Payments Landscape Essential to the economy: Electronic payments in the EU: €240 trillion in 2021. PSD2 (Payment Services Directive 2) is the EU legislative framework for all electronic payments. It contains rules on consumer protection, security of transactions, licensing and supervision of payment service providers. PSD2 needs an update, given all the market developments since 2015 (newer frauds, newer players/payment service providers) and innovations (contactless payments, QR codes, open banking). Source: European Commission
|
|
|
NEWS They also chose IRIS Solutions We are delighted to welcome our new partners in Bulgaria's open banking family. Good Luck and success! Valival Ltd, GombaShop Ltd, Neterra, SELFPAY (Zebra Pay), Inabit Ltd., Autegri.Ltd, Somaris Ltd., IntelliSoft Ltd., Moite pari Ltd., BPM Project Ltd., Drugstore.bg Ltd., Framar.Ltd, Factorin.bg JsCo |
|
|
Pay by Bank your water bill & win awards IRIS Solutions has been selected as an open banking partner by Sofiyska Voda, operated by Veolia, for the introduction of the "Pay by Bank" method. We are convinced that it will save customers time, money, and freedom of choice. Sofiyska Voda, in cooperation with IRIS Solutions, launch a game “Be Among the First 100 to Pay by Bank and Win!” The game started on June 15, 2023. The first 100 customers of Sofiyska Voda who have made a payment through the “Pay by bank” button, clicking the link on the e-invoice, or scanning the QR code on the e-invoice may win a prize. Pay by Bank your water bill now and get an award! |
|
|
Asset Bank introduced Asset Multibanking International Asset Bank has added a new Asset Multibanking service to its mobile banking platform Asset Mobile. As an open banking partner in the project, the IRIS Solutions team congratulates colleagues from International Asset Bank and Csoft for the excellent product, guaranteeing an excellent customer experience!
The new service is just great for company owners or managers, customers of the bank. It makes their lives much easier as it allows quick and easy access to all their bank accounts in different banks in one place - in the Asset Mobile platform of International Asset Bank. |
|
|
EVENTS 15th Conference on Payments and Market Infrastructures Mihael Mihaylov, IRIS Solutions BDO, and Merdihan Ismailov, IRIS Solutions Digital & Innovation Director, attend the 15th Conference on Payments and Market Infrastructures, organized by the National Bank of North Macedonia and the Central Bank of the Netherlands in Ohrid.
Merdihan Ismailov was a speaker at the panel Open Banking: Unlocking Opportunities for the Future of Financial Services. |
|
|
IRIS Solutions attended Unchain Fintech Festival in Oradea Galya Dimitrova, Managing Partner of IRIS Solutions, and Stoyan Tablov, Sales Director of IRIS Solutions, attended the Unchain Fintech Festival in Oradea, Romania, June 29-30. The Unchain Fintech Festival is the platform where the financial and technology ecosystems converge, paving the way for innovative advancements in these industries. |
|
|
Financial Forum "Innovations" Galya Dimitrova, the managing partner of IRIS Solutions, participated in the Financial Forum "Innovations", organized by "The Bank of the Year" association. Galya thanked organizers for the opportunity to participate in an open discussion about the role of artificial intelligence in the modern world and more specifically in the financial sphere. The panel in which Galya took part was moderated by Georgi Ganev, executive director of IBM Bulgaria. Galya challenged the audience by inviting them to imagine what artificial intelligence in the form of a chatbot or scoring model could do to better understand the habits and actions of bank and company customers. The forum was opened by the deputy governor of the BNB, Nina Stoyanova. |
|
|
Tech Tour South East Tech Tour South East took place in Athens, Greece on July 6-7, 2023.
The event was attended by Mihael Mihaylov, IRIS Solutions' BDO, and Stoyan Tablov, Sales Director of IRIS Solutions. They exchange insights, and ideas with investors from across Europe, SE & CE, and Israel and presented IRIS Solutions solutions to them The event was co-hosted by the TechTour Investors Club and the Hellenic Development Bank of Investments (HDBI) in partnership with the European Venture Fund Investors Network (EVFIN). |
|
|
REGULATIONS From PSD2 to PSD3 The European Commission has put forward proposals to bring payments and the wider financial sector into the digital age. New rules will further improve consumer protection and competition in electronic payments and will empower consumers to share their data in a secure way so that they can get a wider range of better and cheaper financial products and services. These proposals place consumers' interests, competition, security and trust at their centеr. |
|
|
Subscribe to the latest news in the world of open finance! |
|
|
This newsletter is an information bulletin. No promotional material. In accordance with the Electronic Commerce Act, we inform you that this may be an unsolicited commercial message, which you may accept or reject. If you don't want to receive any more emails from us, please click the button below to unsubscribe and we won't send you any more messages! If we disturbed you, please forgive us! Copyright © 2022 IRIS Solutions |
|
|
|
|
