Fintech

Fintech

Hungarian Authorities Seize USD 1 mln of Cryptocurrency

Authorities of the National Tax and Customs Authority (NAV) have seized cryptocurrency with a value of USD 1 million from...

Fintech

K&H Launches TikTok Channel

K&H was one of the first banks to launch its official TikTok channel in mid-August, featuring videos showing the functions...

Fintech

Hungary Fintech Sector Expands

Hungary's Fintech sector has grown to about 175 companies, news agency MTI writes, citing a report published by the National...

Fintech

Central Bank Aims to Boost Share of Electronic Payments

The National Bank of Hungary (MNB) targets an increase in the share of electronic transactions among payments to two-thirds by...

Fintech

GVH Orders Fizetési Pont to Offer Rebates 

Hungary's Competition Office (GVH) yesterday said it ordered bank card terminal operator Fizetési Pont to offer clients rebates for conducting...

Fintech

Visa Launches She’s Next Grant Program in Hungary

Visa has decided to bring its global Visa She's Next program to Hungary to support women-led businesses. Hungarian female entrepreneurs...

Fintech

MNB Grants License to Local iBanFirst Fintech Branch

IBanFirst, one of the largest European online platforms for international payments for SMEs, received a license from the National Bank...

Fintech

Corvex Winds up Virtual Bank Card Project

Hungarian software developer Corvex has wound up a HUF 275 million project to develop a flexible and secure payment platform...

Fintech

Hungarians Still Curious About Crypto

The Hungarian population considers it necessary to have much more information about cryptocurrencies, according to a representative survey commissioned by...

Fintech

Magyar Bankholding Partnering With Mastercard

Magyar Bankholding is partnering with Mastercard by joining the company's Priceless Planet Coalition, the main goal of which is to...

Fintech

Company Falsely Claims Cryptocurrency Mining Equipment in Taxes

According to an investigation by the tax authority, a company accounted for computers suitable for cryptocurrency mining as asset purchases,...

Fintech

Coca-Cola HBC Hungary Introducing Cashless Payment Solution

Thanks to a unique cooperation with the banking and fintech sectors, customers of Coca-Cola HBC Hungary will be the first...

Fintech

Number of Mobile Wallet Transactions Skyrocketing

The number and value of mobile wallet payment transactions connected to domestically issued bank cards are rising spectacularly, writes business...

Fintech

Tourism Key Driver of Hungarian E-Payment Market

The number of domestic payment card transactions increased by 16% quarter-on-quarter between April and July, and by 29% compared to...

Fintech

Hungarians Wish to be Rewarded for Sustainable Shopping

A new Visa commissioned research covering attitudes of Hungarians towards sustainability, CSR, and associated consumer habits revealed that initiatives rewarding...

Fintech

SAP Hungary: How AI and Business Development Meet in Budapest

SAP Hungary opened its Budapest office to the press during an “Insider Tour,” giving a close look at how the...

Fintech

Vantage Towers Betting on Chameleon Vision

As data demand surges and the boundaries of 5G expand, the physical infrastructure supporting our digital lives has never been...

Fintech

Hungary to Introduce Stricter Crypto Rules

The National Bank of Hungary (MNB) will require all crypto‑asset service providers to follow new compliance rules from Oct. 1,...

Revolut Valuation Reaches USD 115 bln After Fundraising

Revolut has completed a fundraising transaction valuing the company at USD 115 billion, following a series of banking launches and...

Wise Launches Forint Investment Feature With 4.72% Variable Return

Wise has introduced an investment feature for forint balances, offering a variable annualized return of 4.72% after fees while retaining...

Revolut Links Service Disruption to Google Cloud Outage

Revolut has attributed its Oct. 20 service disruption to a Google Cloud outage, telling customers that normal operations were restored...

Revolut Users Report Disruptions to Payments, Transfers and Currency Exchange

Revolut users experienced problems with several services on Tuesday morning, including card payments, transfers and currency exchange, Hungarian fintech portal...

AI Agents Could Shop and Pay for One in 10 Consumers by 2030, Mastercard Says

More than one in 10 online shoppers could regularly use artificial intelligence agents to purchase products on their behalf by...

Global Payments Introduces Accessible Card Payments for Visually Impaired Users

Global Payments has introduced a new accessibility mode on its payment terminals designed to make card payments easier for blind...

CoinCash 1st Hungarian Crypto Provider to Receive MiCA Approval

MNB granted CoinCash operator Tiwala Solutions a CASP license, making it the first and currently only Hungary‑based crypto provider authorized...

SAP Hungary: How AI and Business Development Meet in Budapest

SAP Hungary opened its Budapest office to the press during an “Insider Tour,” giving a close look at how the...

Revolut Migrates Over 2 mln Hungarian Customers to Local Branch

Revolut Bank successfully completed the migration of more than 2 million eligible Hungarian retail customers to the local branch and...

Hungary Plans Major Shift in Crypto Regulation

Hungary is preparing to overhaul its crypto‑asset rules by eliminating the mandatory validation requirement, which forced every crypto‑to‑fiat or crypto‑to‑crypto...

Fintech Promises Convenience, but Habit and Complexity Still Slow Adoption

Digital invoicing, online accounting, neobanks, instant payments, and automated administration are spreading quickly across both private life and business, often...

Vantage Towers Betting on Chameleon Vision

As data demand surges and the boundaries of 5G expand, the physical infrastructure supporting our digital lives has never been...

Hungary to Introduce Stricter Crypto Rules

The National Bank of Hungary (MNB) will require all crypto‑asset service providers to follow new compliance rules from Oct. 1,...

Wise Introduces Qvik Requests for Clients in Hungary

Wise has enabled qvik requests for Hungarian customers, allowing private users to transfer money from their bank accounts to their...

Revolut Bank to Launch Hungarian Branch, Introduce Local Bank Accounts

Revolut Bank, the European digital bank with more than 2.3 million customers in Hungary, is officially announcing the upcoming launch...