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When choosing the jurisdiction for future payment business it is necessary to consider a large number of different aspects: these are license cost, license acquisition time, office costs and salary of employees in the licensing country (requirements of each regulator provide for at least one staffed operating office).
Given the possibility of the upcoming UK's withdrawal from the EU, Lithuania has offered an interesting proposal for licensing of payment institution.
Maxim Ivanchenko, Advapay ОÜ, Canopus: The authorisation as a payment institution or an e-money institution can be a good alternative to a banking license .
The mobile payments company Fortumo and the mobile operator Elisa Estonia are today announcing the launch of direct carrier billing on the Google Play app store. Elisa’s subscribers can now purchase apps and in-app content on Google Play by charging…
The banking software solutions Company Auriga has published a White Paper on how Smart ATMs can be used to put the customer back at the heart of banking. As banks increasingly use technology to offer more and more traditional branch…
London, 25 May 2016: Auriga, the banking software company, has unveiled a White Paper in which it argues it’s time for banks to put people back at the centre of their strategy. Auriga recognises that banks face mounting pressure to…
Firm among top tier of finalists, showcases revolutionary idea of combining crowdlending with bank loans
CEO János Kóka calls for mobile transaction security at Connect Expo conference in Jakarta.
Leading multinational mobile wallet provider Cellum and its sister firm motionQR have both been selected as finalists in the highly prestigious 2015 Citi Mobile Challenge APAC.
Firm to focus on promise of mobile payments in “connected” cars at first SYNC AppLink event in Europe.
Leading multinational mobile wallet provider Cellum has added Credorax, the global digital merchant acquiring bank, to the list of acquirers available in its Cellum Plug & Pay service. This alliance will broaden the geographical reach of Cellum’s service.
August 18, 2015 - Huawei, a leading global information and communications technology (ICT) solutions provider, has announced a partnership with the mobile payments company Fortumo. Fortumo will combine its global carrier billing capability with Huawei global carrier billing @Digital inCloud…
Mobile payments solution provider Cellum is entering the mobile parking space in new countries, having won a tender to modernize mobile parking in the Bulgarian capital of Sofia, thanks to its decade of experience.
EU-based multinational provider of mobile wallet solutions on track to benefit from m-commerce growth in the world’s largest Internet market.
Protect your ATM business and mitigate the risks of aging Microsoft technologies
Following ApplePay and SamsungPay, Evercoss launches ECPAY to cover wide range of use cases in wallet preinstalled on millions of smartphones.
Europe’s most popular online vouchers are now available via smartphone app thanks to paysafecard-Cellum-Cardnet partnership
Singapore-based APAC subsidiary to strengthen regional operations
April 24th, 2015 - The mobile payments company Fortumo is today announcing the appointment of Tim Carter as its Chief Revenue Officer, based in the company’s London office.
Cellum OmniPay integrated transaction service announced in Helsinki