Arnau Bertran

🚨 𝙅𝙐𝙎𝙏 𝙄𝙉: Revolut Spain 🇪🇸 announced the integration of Bizum, the popular Spanish peer-to-peer payment service, and reaches 𝟯.𝟱 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 customers 🤯 With this move, it aims to continue increasing its customer base, which has just reached 3.5 million users in the country, according to figures revealed by the company. This year alone, its customer base has grown by 40%. "We are launching Bizum knowing that it is a key service for this market. According to our internal data, nearly 75% of our users consider Bizum to be one of the three essential services when choosing their primary bank," said Ignacio Zunzunegui, Growth Director for Southern Europe at Revolut. With this addition, the UK-based company aims to complement the range of products it already offers in Spain, which recently included the launch of its interest-bearing account. Its ambition is to become "the primary bank account for users in Spain" and establish itself as one of the leading banking entities in the country. Source (Spanish): https://lnkd.in/ddZPvFWi Find this helpful? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [𝗶𝗻𝘃𝗶𝘁𝗲𝗱 𝘁𝗼 𝗰𝗼𝗺𝗺𝗲𝗻𝘁] Nice story, Marcel. Next! [ 𝗹𝗶𝗸𝗲 ] 

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A Revolut #Card Vending Machine in action at #Rome Fiumicino Airport Here's how it works: You pick up a card with a QR code, sign up for an account and connect your new card via the Revolut App in 4 simple steps: 1️⃣ Locate a Vending Machine: Find one of the five machines conveniently located in key areas of the airport. 2️⃣ Dispense Your Card: Get your new Revolut Visa debit card instantly. 3️⃣ Activate and Link: Use your smartphone to scan the QR code on the card envelope, sign up for a Revolut account, and link your new card. 4️⃣ Enjoy Cashback Make your first transaction and enjoy up to 100% cashback on your purchase (up to €10). And there you have a financial toolset for your trip! In Rome Fiumicino airport Revolut distributed 100,000 cards this way in one year time. Reportedly Revolut has announced that it will deploy card vending machines in Rome Ciampino, Milan Malpensa, Porto, Helsinki and Brussels airports. Sources: Max Karpis (https://lnkd.in/dfGUmTDj) & George Florin Tauscher & Efi Pylarinou Do you think we will see more (neo-)banks distributing cards like this in the future? Find this helpful? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [𝗶𝗻𝘃𝗶𝘁𝗲𝗱 𝘁𝗼 𝗰𝗼𝗺𝗺𝗲𝗻𝘁] Nice story, Marcel. Next! [ 𝗹𝗶𝗸𝗲 ]

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Great insight from #FIS Kevin Flood - are you and your firm ready for the mandatory change in the payments landscape? Do you need assistance with your technology to support the impacts of moving to real-time? Consider; fraud, payments, real-time core, reconciliation - FIS are supporting clients with the change. Get in touch. #sepa #payments #instantpayments

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Bizum introduce Bizum Pay in Spain to compete with Apple Pay and Google Pay #Bizum, the widely used mobile #fintech platform backed by a consortium of Spanish banks, has announced the upcoming launch of #BizumPay, a new NFC-based #payment solution. Scheduled for release in mid-2025, Bizum Pay aims to compete directly with Apple Pay and Google Pay by enabling contactless payments through smartphones. Bizum has become a household name in Spain for instant money transfers between individuals. With Bizum Pay, the platform is expanding its services to include contactless payments in physical stores, leveraging the NFC technology in mobile devices. Users will be able to pay directly from their Bizum accounts or add cards from other participating banks, offering greater flexibility and convenience. Developed by Redsys España and supported by the majority of Spanish banks, Bizum's move into the NFC payment space signifies a significant step in the evolution of mobile payments within Spain. By providing a homegrown alternative to international payment giants, Bizum is strengthening its position in the Spanish market and offering consumers more choices in how they transact. The article on Xataka in the first comment.

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CaixaBank Pioneers Apple Pay Instalment Payments in Continental Europe ! In a groundbreaking move for the European #fintech landscape, CaixaBank has become the first financial institution in continental Europe to offer buy now, pay later (#BNPL) services integrated with #ApplePay. This innovative feature allows customers to spread the cost of purchases over multiple months, directly at the point of sale. Key Highlights: • CaixaBank customers with iOS 18 and iPadOS18 can choose between full payment or instalments when using Apple Pay online, in-app, or on Apple Watch. • The bank has 4.4 million customers with cards linked to mobile devices, handling over 800 million transactions in the last 12 months. • In the first half of 2024, more than 30% of in-person purchases made with CaixaBank cards in Spain were via mobile phones. • CaixaBank joins a select group of global financial institutions offering this service, following #Monzo in the UK, #Klarna in the US and UK, and #Affirm in the US. 💡 This development comes after Apple's decision to discontinue its own BNPL service, focusing instead on partnerships with third-party providers for instalment loans. Other major banks, including #ANZ, #HSBC UK, #Citi Synchrony, and issuers with Fiserv, are reportedly preparing to launch similar services soon. 🤔 What impact do you think this move by #CaixaBank will have on consumer spending habits and the adoption of digital payment solutions in Europe? source ---> https://lnkd.in/dd5Trcrc

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Innovation: Banking through Vending Machines Revolut's card vending machines at Rome Fiumicino Airport changed the game - 100,000 cards were distributed in one year with digital activation and instant access. If Saudi Banks implemented this innovation, how would it change banking industry? 1️⃣ Strategic Placement: Vending machines located at airports, Hajj terminals, and key locations. Access to the card is immediate. 2️⃣ Operational Excellence: Reducing the number of physical branches, streamlining banking services, and reducing costs. 3️⃣ Data Insights: Utilize real-time customer data to refine products and services and improve decision-making. 4️⃣ Market Leadership: This will provide banks with a competitive edge, reshaping the financial landscape. Banking must become more innovative, efficient, and customer-oriented. Can Saudi Banks lead the way? #innovation #Banking

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SCT Inst scheme will become mandatory. Learn about the implementation miletones in this new video.

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🚨 𝑹𝑬𝑽𝑶𝑳𝑼𝑻 𝑬𝑿𝑷𝑨𝑵𝑫𝑺 𝑰𝑵 𝑰𝑻𝑨𝑳𝒀: 𝑵𝑬𝑾 𝑷𝑶𝑺 𝑻𝑬𝑹𝑴𝑰𝑵𝑨𝑳𝑺 𝑳𝑨𝑼𝑵𝑪𝑯𝑰𝑵𝑮! 🇮🇹💳  Revolut Ever wondered what it takes to dominate a key market? Revolut is making waves in Italy by introducing POS terminals starting next week—a massive leap in its payment services portfolio. Key Highlights of Revolut's Expansion in Italy: ✅ 2 Million Customers: Out of 50M global users, Italy remains a standout market with Revolut growing exponentially in the region. ✅ Aggressive Investments: With a 94% increase in investments this year, Revolut has rolled out personal loans and major ad campaigns, driving brand visibility. ✅ Italian Subsidiary by Year-End: Offering customers an Italian IBAN, making Revolut accounts more usable and widely accepted as primary accounts. Global Growth Snapshot: 🌍 $45 Billion Valuation: One of the world's most valuable fintechs as of 2024. 📊 Impressive 2023 Financials: €2.1 billion in revenue, €395 million in profit. 🏦 UK Banking License Secured (with restrictions): Further solidifying its global ambitions. Why This Matters: Revolut’s strategic focus on localized banking solutions and a customer-first approach cements its position as a disruptor in traditional banking. The launch of POS terminals adds another layer of convenience for Italian users, reflecting its commitment to innovation and regional adaptation. Your Turn to Weigh In! Do you see Revolut’s POS terminals changing the way payments are made in Italy? Can their hyper-localized strategy set the benchmark for other fintech players? 💬 Share your insights in the comments! Let’s discuss the future of fintech in Europe. 🚀 🔗 Source/More Info (in Italian): Link to Article Credits: 🌟 Write-up inspired by Revolut's incredible milestones. All rights for visuals and external content belong to respective owners. 📚 💡 If you enjoyed this, repost, comment, or like to keep the discussion alive!  

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The SEPA Instant Payment framework is now live across the EU as of 9th January 2025, setting a new standard for real-time payments. Here are the key points: - Instant Transactions: Payments must settle in under 10 seconds, 24/7, across participating countries. - Compliance Challenges: Financial institutions face heightened pressure to perform real-time due diligence, including sanctions screening, fraud prevention, and AML compliance. Stringent cutoffs in sanctions screening could lead to increased payment declines, current manual operational processes are not equipped to handle the speed and accuracy required. Financial institutions must modernize and automate to meet these demands effectively. - Impact on Businesses: B2B firms may need to rethink cash flow strategies, risk management, and compliance workflows to keep pace with this shift. - Customer Demand: This upgrade responds to growing expectations for faster, more transparent financial services. While the framework opens doors for innovation, it also underscores the urgent need for agile and automated compliance solutions. Is your organization ready to adapt?

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From the traditional Bill of Exchange to the instant account to account credit transfer in Europe. what an exponential jump in 2 decades! I see here a mean to bring closer EU people and EU businesses. #iberpay #santanderespaña

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🚨 𝗡𝗲𝘄𝘀 𝗙𝗹𝗮𝘀𝗵: Checkout.com has officially announced the integration of Bizum as a payment method in Spain 🇪🇸 This partnership aims to provide merchants with one of the most popular payment options in the country. Bizum, a Spanish payment solution created by local banks, initially gained traction by enabling instant peer-to-peer (P2P) transfers. Since late 2019, Bizum has expanded to support payments in online stores, allowing users to make instant payments without needing credit or debit cards. With its speed, security, and efficiency, Bizum has become a favorite payment option for many Spaniards, especially younger users. Currently, it boasts over 28 million users and is accepted by more than 68,000 merchants. These numbers are expected to grow as e-commerce continues to thrive in Spain. Source/more info (in Spanish): https://lnkd.in/dqTRdxvX Find this helpful? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [𝗶𝗻𝘃𝗶𝘁𝗲𝗱 𝘁𝗼 𝗰𝗼𝗺𝗺𝗲𝗻𝘁] Nice story, Marcel. Next! [ 𝗹𝗶𝗸𝗲 ] 

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✈️ Revolutionizing Travel Payments: The Revolut Card Vending Machine at Rome Fiumicino Airport! Have you ever got a payment card instantly from a vending machine? Imagine this: You're at the airport, ready to embark on your next adventure, but you realize you need a new payment card as you're in a country with a different currency. Revolut, in collaboration with Visa, has introduced an innovative solution at Rome Fiumicino Airport. 𝐅𝐢𝐯𝐞 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜𝐚𝐥𝐥𝐲 𝐩𝐥𝐚𝐜𝐞𝐝 𝐯𝐞𝐧𝐝𝐢𝐧𝐠 𝐦𝐚𝐜𝐡𝐢𝐧𝐞𝐬 𝐧𝐨𝐰 𝐝𝐢𝐬𝐩𝐞𝐧𝐬𝐞 𝐑𝐞𝐯𝐨𝐥𝐮𝐭 𝐕𝐢𝐬𝐚 𝐝𝐞𝐛𝐢𝐭 𝐜𝐚𝐫𝐝𝐬! Here's how it works: 1. Locate a Vending Machine: Find one of the five machines conveniently located in key areas of the airport. 2. Dispense Your Card: Get your new Revolut Visa debit card instantly. 3. Activate and Link: Use your smartphone to scan the QR code on the card envelope, sign up for a Revolut account, and link your new card. 4. Enjoy Cashback Make your first transaction and enjoy up to 100% cashback on your purchase (up to €10). This is Banking everywhere, for globetrotters! A phygital innovation. I wonder why Revolut chose Rome Fiumicino Airport to test these vending machines. Any thoughts? Thanks to Max R. Karpis for the video source on X I'd love to hear from you: - Have you ever needed a last-minute payment solution while traveling? - Do you think others will copy Revolut? - What other travel-related fintech phygital innovations do you see? Drop your thoughts in the comments below! #payments #Travel #Fintech #cards #efiinsights #banking

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Banco Sabadell pauses Nexi Group deal amid BBVA takeover bid Spain's Banco #Sabadell has put the completion of its €350 million deal to sell its payments business, #Paycomet, to Italian firm #Nexi on hold. This comes as Sabadell becomes the target of a hostile takeover bid from Banco Bilbao Vizcaya Argentaria (#BBVA), according to sources. BBVA's hostile bid for Sabadell is valued at over €12 billion, a move that has led to the postponement of the Nexi deal. BBVA plans to issue 1.126 billion new shares to fund this acquisition, offering a premium of 30% over Sabadell's April 29 closing price. However, with BBVA's shares falling recently, the premium has decreased to about 7%, valuing Sabadell at around €10.16 billion. This strategic pause is significant for several reasons. The delay in completing the Paycomet sale affects the payments sector, where Nexi was poised to strengthen its presence through this acquisition. BBVA’s takeover bid, if successful, could reshape the competitive landscape in European banking, potentially affecting market dynamics and regulatory landscapes. Both Sabadell and BBVA have seen fluctuations in their share prices, influenced by broader market conditions and the specifics of the takeover bid. Sabadell and Nexi's deal is likely to proceed once the outcome of the BBVA takeover bid is clarified, which is expected to take up to eight months. In the meantime, Nexi remains prepared to manage any outcomes of this corporate maneuvering. Paolo Bertoluzzo, CEO of Nexi, stated that they are monitoring the situation following BBVA's takeover offer and are prepared to manage the outcome. Bernardo Mingrone, CFO of Nexi, emphasized that there are standard market provisions that protect the integrity of their deal with Sabadell. The article on Reuters in the first comment. Want to stay up to date with the market? Here my newsletter: - Linkedin: https://t.ly/s541W   - Substack: https://lnkd.in/dzfGJzmW

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Revolut expands B2B offering with POS terminal The launch of Revolut Terminal represents a strategic move for the fintech company as it looks to strengthen its B2B offerings, particularly in the retail and hospitality sectors. With Black Friday and the festive season just around the corner, Revolut is positioning the Terminal as a reliable and efficient payment solution designed to handle the heavy transactional loads businesses expect during the busiest shopping periods of the year. The Revolut Terminal, available for pre-sale at a reduced price of £129 + VAT (down from £169 + VAT), is set to challenge established players in the POS market, including Square, SumUp, and Dojo. It’s part of Revolut’s broader push to cater to larger businesses that require robust, all-in-one payment systems capable of processing high volumes of transactions with minimal downtime. According to Revolut, the Terminal guarantees 99.9% platform uptime, ensuring that businesses can continue to operate smoothly even during peak shopping hours, when many payment systems face the risk of outages. The device is equipped with integrated Wi-Fi and SIM connections, enabling it to function in various environments without relying on fixed network infrastructure. Additionally, the Terminal’s battery is designed to last all day, making it ideal for businesses that require mobility or need to process payments in different locations. James Gibson, General Manager of Revolut Business, noted the significance of this latest launch for the company’s B2B operations: “We’re continuing to see strong momentum in Revolut Business, having surpassed $500 million in annualised revenue and onboarding over 20,000 new business customers per month. Revolut Terminal marks our latest investment in serving the needs of merchants, from small businesses to large enterprises, with a payment solution that seamlessly integrates into their operations.” Revolut Pay integration and business benefits One of the standout features of the Revolut Terminal is its full integration with Revolut Pay, the company’s one-click payment method. Revolut Pay allows customers to pay directly from their Revolut accounts without entering card or bank details, significantly speeding up the checkout process. This functionality can be particularly appealing to businesses looking to reduce payment friction and improve customer satisfaction. Alex Codina, General Manager of Merchant Acquiring at Revolut, described the Terminal as a versatile solution that caters to the needs of businesses across industries: “We’re excited to be offering Revolut Terminal as an all-in-one, powerful POS solution for our business customers. This launch comes as we continue to double down on the hospitality and retail industries, offering them a payment solution that is both reliable and easy to use.” 👉Subscribe for more news https://lnkd.in/d94JgWBU Source Bobsguide #fintech #payments #revolut

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🚨 European Fintech and Crypto Businesses: Don’t Let MiCA Regulations Derail Your Growth! 🌍 #MiCA #FintechExpansion #CryptoBusiness #PSP #VASP #Argentina #EuropeToLatam #BusinessGrowth #GlobalExpansion #IncorporaciónDeEmpresas

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In Adyen headquarters in Paris for a conference dedicated to #payments and #retail organized by MERCATEL and Adyen Among the key ideas : ✔️Development of electronic payments ✔️Contactless represents 6/10 transactions in-store, and mobile payments 10% of in-store payments ✔️6% of instant payments in France : towards an increase thanks to Wero, for instance ✔️According to a study realized by MERCATEL about the uses of payments in retail, there is a strong decrease of cash and checks and a development of card payments in French stores ✔️Before PSD2, fraud in e-commerce transactions was 20 times higher than fraud in payment in-store ✔️In 4 years, fraud in e-commerce payment declined about more or less 50% thanks to PSD2 and SCA but it is necessary to pay attention to the new forms of fraud (manipulation of clients, identity theft...) Karine Coutinho Charlotte PAGOT Anne-Charlotte Hubert Lionel JOUVE Loïc Marin PARTELYA CONSULTING European Women Payments Network (EWPN) AEFI Asociación Española de FinTech e InsurTech AFIP - FinTech and InsurTech Portugal CLUB ITALIE-FRANCE AFTE Finance Mag The PAYTECH Book Portuguese Women in Tech Merchant Payments Ecosystem

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Check out my article about the impact of SEPA Instant payments in the large corporate world.

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⚠️ There are persistent and urgent calls for European banking consolidation across the continent to boost competitiveness against the leading US banks ⚠️ But CaixaBank CEO Gonzalo Gortázar argues very strongly in this interview below for The Banker that the rationale for consolidation within countries is much stronger than for cross border mergers ⚠️ This is because banking markets in the biggest economies like Italy, Germany, France and Spain are so different ⚠️ He thinks Europe must focus on other things to improve competitiveness such as a banking union and common deposit insurance scheme ⚠️ Do you agree?  

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