Category: INDUSTRY

Polish payment fintech BLIK sets its sights on Romania and other European markets

Polish payment fintech BLIK sets its sights on Romania and other European markets

BLIK, a modern mobile payment system that was launched with the support of all major banks in Poland in 2015, is currently the most popular way to pay in this country. 21 million users of mobile banking applications in Poland already have access to BLIK, and over 10 million people use it regularly for payments. BLIK’s founders are now looking […]

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Revolut to offer payment services to Ukrainian refugees displaced by the invasion

Revolut to offer payment services to Ukrainian refugees displaced by the invasion

Revolut, the global financial superapp with over 18 million customers worldwide, is offering payment services to all refugees, regardless of nationality, fleeing Ukraine following the Russian invasion. To ensure individuals displaced by the invasion have quick and easy access to their money, Revolut has eased many of the requirements needed to set up an account as well as a number […]

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Continuous product development in the cloud

Continuous product development in the cloud

Transforms productivity from the bottom up on a cloud-based collaborative platform. Getting a complex product to market can be like going on a road trip. You have your destination set, an itinerary to follow, and supplies to last you the journey. You head off with high expectations, except it’s never that simple. Invariably, unexpected things happen, pre-existing plans get thrown […]

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Provident uses DRUID conversational AI technology to expedite access to information and improve sales team efficiency

Provident uses DRUID conversational AI technology to expedite access to information and improve sales team efficiency

Provident Financial Romania, part of the International Personal Finance (IPF) group, the largest home credit business in Europe, has chosen DRUID technology to enable instant access to business and HR data with the aim of facilitating a boost in employee engagement and efficiency. Thus, the company has implemented EMA, a customized AI virtual assistant built to harness the full power […]

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New Digital Clothing App Helps Retailers Cut Costs During Pandemic

New Digital Clothing App Helps Retailers Cut Costs During Pandemic

Online clothes shopping has never been more in vogue, and the MySizeID app can help consumers find the right fit — across brands and size charts — conveniently and privately. MySizeID uses a patented algorithm to take measurements using the technology already available in mobile phones without accessing the camera. “There are no pictures taken. It is completely private,” said […]

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Revolut data: Remittances sent home by Romanian users living in 49 countries increased by 79% in 2021 compared to 2020

Revolut data: Remittances sent home by Romanian users living in 49 countries increased by 79% in 2021 compared to 2020

The value of remittances to Romania in 2021 reached EUR 316 million, an increase of 79% compared to 2020, as shown by data provided by Revolut app with 18 million customers globally, of which over 1.5 million in Romania. At the same time, the number of remittances generated by Revolut customers to Romania increased by 84% in 2021 compared to […]

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The EU Public Country-by-Country reporting (CbCR) enters into force in 21 December 2021

The EU Public Country-by-Country reporting (CbCR) enters into force in 21 December 2021

Public Country-by-Country reporting (CbCR)  is officialised with the publication of Directive (EU) 2021/2101, amending Directive 2013/34/EU on reporting of income tax information by certain undertakings and branches. In an effort to curb tax avoidance and enhance tax transparency, public CbCR reporting will require both EU and non-EU headquartered multinational groups with a consolidated annual turnover over €750m to publicly report […]

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Carrefour and Everli extend their partnership for online grocery delivery to France, and future markets

Carrefour and Everli extend their partnership for online grocery delivery to France, and future markets

After successful partnerships in Italy and Poland, Carrefour is extending its commercial agreement with Everli, Europe’s leading e-grocery marketplace, to France to enrich its home delivery service. The partnership will make Carrefour hypermarkets and supermarkets available on Everli. The partnership deepens the relationship of the two companies in markets where Everli already operates, and it will also extend to cover […]

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Drilling down on Data

Drilling down on Data

The oil and gas sector today stands at a turning point. While global leaders, activists and the world’s brightest minds look for net zero alternatives, the solution to meet this target and the energy demands of tomorrow can be found in the digitization of the industry. As the world transitions to a low-carbon future, energy companies are looking to implement […]

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Amelie, Groupama’s second virtual assistant built on DRUID technology, is now available to the company’s clients

Amelie, Groupama’s second virtual assistant built on DRUID technology, is now available to the company’s clients

Groupama, one of the market leaders in the Romanian insurance market, is expanding how it interacts with clients by launching a virtual assistant that is always available on the company’s website. Amelie is based on DRUID’s conversational technology and responds instantly to inquiries from Groupama customers and guests at any time of day. The Amelie virtual assistant can provide relevant […]

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Daimler Mobility and Visa form global technology partnership to integrate digital commerce into the car seamlessly and conveniently

Daimler Mobility and Visa form global technology partnership to integrate digital commerce into the car seamlessly and conveniently

As a result of a new global technology partnership between Daimler Mobility and Visa, Daimler will offer “native” in-car payments. This means that entering passwords or relying on mobile devices for payment authentication may soon be a thing of the past as the vehicle itself becomes a biometrically enabled payments device, thanks to Visa’s Delegated Authentication technology. From spring 2022 […]

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4.5 million lei will be granted for the modernization of six neonatology wards  from the Life for Newborns Fund

4.5 million lei will be granted for the modernization of six neonatology wards from the Life for Newborns Fund

Vodafone Romania Foundation announces the winners of “The Life for Newborns Fund” financing round, worth 4.5 million lei, for the renovation, modernization and supply of medical equipment, including telemedicine solutions, for level I and II neonatology departments and wards in public hospitals across Romania, as well as for the training of medical teams. The six beneficiary neonatal units belong to […]

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