Author: enews

ePassi Payments Oy, the leading mobile payment solution for employee benefits and one of the fastest growing companies in Europe, has entered an agreement to acquire Sodexo Benefits & Rewards Services’ (BRS) business in Nordics, including Sodexo Pass Sweden and the Finnish company Eazybreak Oy. Through these acquisitions, ePassi further strengthens its position in the Nordics, nearing a userbase of 1.5 million. The combined entity will have close to 9,000 clients, more than 35,000 affiliated merchants, and a Gross Merchandise Volume of approximately EUR 350 million. “Demand for fully digital…

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Fidesmo Pay expands in Europe and is entering Switzerland by collaborating with Cembra, a leading Swiss provider of consumer finance products and services.   Tech company Fidesmo, providing the wearable payment service Fidesmo Pay, has entered a collaboration together with Cembra. This means that customers with one of the payment cards issued by Cembra, will be able to connect it to a wearable with support for Fidesmo Pay and make contactless payments. Attractive Swiss wearable partners have already joined in and will launch their smart products based on Fidesmo Pay in…

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Fintech has done well amid the coronavirus pandemic as e-money use grows along with other forms of contactless living, and Lithuania, a European star of the industry where welcoming Fintechs is a national priority, continues to attract international players. This is largely due to the straightforward processes and the help that is available for getting licensed and up and running in the Baltic nation – including for often overlooked but vital matters of technological capabilities and compliance. “The whole Fintech ecosystem here is so developed – business support networks, clear…

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Leading digital asset management software company, Third Light, has released a significant update to its digital asset management (DAM) software, Chorus, to deliver a complete collaborative DAM solution for creative teams. The update includes groundbreaking features designed to connect teams working remotely and facilitate collaborative project cooperation. “This is more than an update – we almost think of this as a new product,” explained Third Light’s founder and Managing Director Michael Wells.  “Even if global working arrangements weren’t changing the way they have this year, the effect Chorus will have…

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Developers ‘toolbox’ to get significant upgrade, says global IoT standards initiative oneM2M Enabling medical equipment to accurately record the time of diagnostic readings, making it easier to locate connected devices and speeding up the time it takes to develop new apps are just some of the new features to be unveiled as part of the fourth set of oneM2M’s specifications, it has been revealed. As more organizations and national agencies advocate standardization to advance the development of the Internet of Things (IoT), the global standards initiative oneM2M is currently working…

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The European Investment Fund (EIF) and the European Union announced the first EaSI Funded Instrument loan transaction in Serbia, worth €10 million. The loan will allow Opportunity Bank Serbia (OBS), the only specialised financial services provider for micro and small enterprises on the Serbian market, to increase its outreach towards vulnerable entrepreneurs, particularly in rural areas. OBS plays an instrumental role in the local economy by enhancing farmers’ access to various loan products. The transaction will enhance the lending capacity of OBS, whose financial offer is complemented by non-financial services. The…

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