Fintech

Fintech

Anton Molnar launches his 1st and only NFT

Putting the unknown father of Bitcoin Satoshi Nakamoto on canvas, Hungarian artist Anton Molnar has launched his only NFT (non-fungible...

Fintech

Crypto exchange CoinCash acquires rival MrCoin

CoinCash is set to take over the MrCoin brand and carry on the services of MrCoin.eu, according to Attila Mogyorósi,...

Fintech

UAB epayblock services restricted in Hungary

The National Bank of Hungary issued a notice on Friday the Bank of Lithuania has launched an investigation of electronic...

Fintech

Conotoxia multi-currency cards now available for EU residents

From now on, Conotoxia multi-currency cards are offered to residents of almost all European Union countries including Hungary, according to...

Fintech

Swiss Post acquires majority stake in Tresorit

Swiss Post has acquired a majority stake in Swiss-Hungarian company Tresorit, which offers encrypted, cloud-based file sharing and collaboration services,...

Fintech

Cybersecurity More Important Than Ever in Home Office Age

The coronavirus pandemic resulted in a skyrocketing of the popularity of teleworking and has, in turn, made cybersecurity a vital...

Fintech

Hungary’s fintech sector expanding rapidly

Hungary's fintech sector has grown to about 130 companies employing more than 6,000 people, news agency MTI says, citing a...

Fintech

Hungary 5th fastest-growing for electronic payments

According to a survey by the European Central Bank, Hungary was the fifth fastest-growing country in the EU in terms...

Fintech

Mobile bank users exceed 50% of cardholders

According to Mastercard's annual survey, the proportion of mobile bank users exceeded 50% among cardholders for the first time, writes...

Fintech

Old Banks and new Fintechs Walk Hand-in-hand

Just a few years ago, when financial technology companies first popped up, what they had to offer seemed unreal. Opening...

Fintech

Cryptocurrency theft value up 38% with USD 513 mln stolen in 2020

Data researched by Trading Platforms UK indicates that the value of cryptocurrency hacks and thefts between 2019 and 2020 increased...

Fintech

Budapest-based Broker Comparison Firm Harbors Global Ambitions

BrokerChooser has ambitious plans. The fast-growing Budapest-based broker comparison platform wants to evolve from a small startup to the first...

Fintech

Female investors help drive growth in demand for cryptocurrencies

In January 2021, the number of women who decided to invest in cryptocurrencies increased significantly – compared to the same...

Fintech

Trading platforms enjoy record growth of customers 

According to data researched by TradingPlatforms.com, the world's biggest trading platforms enjoyed record growth of new customers in 2020, the...

Fintech

New measures streamlining banking procedures approved

The Economic Defense Operative Corps, the body coordinating Hungaryʼs response to economic fallout from the coronavirus crisis, approved a package...

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...