FinTech Magazine takes a look at the big stories from the past month in our industry …
WRITTEN BY : LOUIS THOMPSETT
SUMUP & ADYEN PARTNER TO DELIVER GLOBAL SMES FASTER PAYOUTS
In one of the most eye-catching partnerships of the year , SumUp has partnered with leading payments provider Adyen to deliver faster payouts for millions of SMEs around the globe .
Per the arrangement , SumUp will leverage Adyen ’ s banking services to provide its merchant clients with one of the world ’ s fastest payout systems .
ECB RELEASES DIGITAL EURO PREPARATION REPORT
The European Central Bank ( ECB ) has published its first progress report relating to plans to launch a Digital Euro .
The Government Council of the ECB approved the launch of a preparation phase beginning in 2023 , to see if the production of a Digital Euro was feasible .
TEMENOS LAUNCHES SERVICE FOR UK / EU EMIS WITH TECH MAHINDRA
Leading fintech and core banking provider Temenos has partnered with Tech Mahindra to launch a new service on Temenos SaaS .
The service will enable EMIs to launch or scale their operations with integrated core banking , payments and financial crime mitigation capabilities at a lower cost , achieving faster time to market . fintechmagazine . com 11