Fintech momentum is growing in Cyprus, but challenges must be resolved
The fintech scene in Cyprus is growing rapidly, but there are still some hurdles to overcome.
Cyprus
Russian neobank Tinkoff appoints ex-Morgan Stanley exec as co-CEO
Pavel Fedorov joins Oliver Hughes from the company’s board of directors.
MoneyGate signs core banking deal with Finartix
Cypriot EMI picks out a new core system while its application processes.
Commerzbank fined €650k by Cypriot regulator
German bank sanctioned in relation to dealings with now-defunct Laika
Bank of Cyprus goes live on HPS PowerCard system
HPS has replaced two systems from ACI Worldwide and Bevertec.
7Q Financial Services goes live with Profile Software’s Axia
Cyprus-based investment house deploys Profile’s wealthtech.
European Commission warns eight countries over late AML laws
Countries include Cyprus, the Netherlands, Portugal, and Spain.
FCA should overhaul EMIR supervision, says ESMA review
FCA ranks bottom among six major EU competent authorities for EMIR data supervision.
How to thrive in an ever changing market, a conversation with the COO of Qualco
Spyros Retzekas, COO at Qualco says agility is the key.
Eurobank plans front-to-back transformation with Temenos
Temenos’ T24 Transact and Infinity products to be rolled out in Cyprus, Luxembourg, Bulgaria and Serbia.
RCB Bank picks Eurobase for TCM operations
The Siena system will also help with regulatory needs.
