Paynetics Ready to Support FinTech Entrepreneurs

Paynetics, one of the founding members of the Bulgarian Fintech Association recently announced that it would open up its payments infrastructure for start ups to plug in.  This would enable start ups to add to their value proposition card issuing and acceptance as well as e-wallets on a payment-as-a-service (PaaS) model without having to invest heavily in infrastructure and licensing.  The first examples of implementations of this model are Cashterminal, Payhawk and Phyre. Going one step further, Paynetics also…

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First Networking Event of the Bulgarian FinTech Association

On April 18 we held our first informal networking event under the motto “Meet the New Members”.  Purpose and Goals  The idea behind organising “Meet the New Members” was to provide a platform for our members, partners and friends to be able to gather and communicate with each other. It is directly connected to one of the Association’s general purposes – to serve as a unifying entitiy for the FinTech companies in Bulgaria by creating…

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Traditional Banks and FinTech in Bulgaria

Svetoslav Dimitrov – Member of the BoD of the Bulgarian FinTech Association, took part in Bloomberg TV Bulgaria’s “Business Start”.  He talked about the future of the implementation of innovations in the traditional banking industry, the new sollutions that are already emerging on the market, as well as of the opportunities that will be created as a result the adoption of PSD 2. The synergy between the banks and innovative FinTech solutions was discussed through…

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Secure Payments Online at DIGI PAY

Bulgarian FinTech Association is proud to have been a partner to the Security of Digital Payments Conference, which was part of the 19th edition of Security Expo, organised by Inter Expo Center Sofia.  The event successfully brought together various stakeholders who operate with online payments on a daily basis – from SME owners and managers, to specialists from the banking sector; fintech companies, developers, security specialists, and many others with interests in this particular field.  The conference included presentations…

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ЕК с решение в полза на бизнеса

Европейската комисия потвърди, че транзакциите, инициирани от търговеца (Merchant Initiated Transactions) попадат извън обхвата на Strong Customer Authentication, което беше предвидено в т. нар. PSD 2 (Директива (ЕС) 2015/2366).  Това нямаше да бъде възможно без координираните действия на индустрията в целия Европейски съюз. С общи усилия успяхме да постигнем промяна, която ще е в полза на бизнесите във всички 28 държави-членки на ЕС!  За в бъдеще се надяваме, че при изготвяне на законодателни инициативи и…

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