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Enfuce launches new sustainability service
Nordic fintech company Enfuce collaborates with D-mat, AWS and Mastercard to bring personalized carbon footprint monitoring to banks, merchants and retailers worldwide My Carbon Action uses a validated calculation method to track the CO2e emissions of every purchase, providing consumers with visible insights on the environmental effects of their daily consumption. Finland’s biggest fintech startup
Consumer trust in new services in the age of open banking
Consumer trust in new services in the age of open banking The financial industry has for the last decades educated consumers about fraud and the importance of protecting bank credentials. Consumers have been told how fraudsters will attempt to steal and use their sensitive information and the easiest way of protection is to never trust
CashFlows and Enfuce in new partnership
CashFlows and Enfuce in new partnership Omni-channel payments expert CashFlows is to provide BIN Sponsorship services to Enfuce, Finland’s fastest-growing Fintech startup*. The partnership enables the Nordic payment service provider to incorporate card issuing into their extensive range of payments offering. CashFlows facilitates this through its principle membership of all major international card schemes including
2019: A year of big goals and new opportunities
I believe in setting big goals, and at year end, reflecting on what you have achieved. This year we had huge ambitions at Enfuce. We wanted to upgrade our Payment platform to enable global growth, launch new products, and grow both our customer base as well as our workforce. This time last year we had
Enfuce secures €10M funding round led by Maki.vc
Finland’s leading fintech startup Enfuce on a global growth track – secures €10M funding round led by Maki.vc With the new funding, Finland’s biggest fintech startup Enfuce aims to accelerate its global growth and scale its newly launched sustainability service, My Carbon Action. Finnish payment service provider Enfuce has today announced its new funding round
Enfuce and OpenWay team up for cloud payment processing
Enfuce, an innovator in cloud-based payment services, is accelerating its business growth after migrating its card issuing service to OpenWay’s WAY4 digital payments platform. Now it can offer startups “fintech in a box”: BIN sponsorship for prepaid card issuing within a mere 7 days. It can also migrate established banks within 6 weeks, even those
Paytech Awards in London 5.7 2019
OpenWay Wins Award for ‘Best Solution Provider for Payment Systems in the Cloud. OpenWay has been recognized as ‘Best Solution Provider for Payment Systems in the Cloud’ at the PayTech Awards ceremony in London. The company received acclaim for the success of its project with Enfuce, the Nordic cloud-based issuing processor, and for the overall
The New Era of Open Banking
What an exciting month! It has now been over two weeks since the latest PSD2 deadline, where European banks were obligated to provide a sandbox to third-party service providers (TPPs). We think that in order to thrive, banks need to view PSD2 compliance as part of a broader digital transformation and learn to collaborate rather than
The Future is Collaboration
It has now been two weeks since the latest PSD2 deadline, where European banks were obligated to provide a sandbox to third-party service providers (TPPs). According to recent surveys, around 40 % of the banks under the regulation failed to meet this deadline. While it’s still unclear what it means for banks who don’t meet
Looking Beyond Regulatory Compliance for PSD2
Why Banks Should Be Looking Beyond Regulatory Compliance for PSD2 March is quickly approaching and for those in the world of banking, that means complying with PSD2. Europe’s second Payment Services Directive will create attractive opportunities for payments organizations. It will also affect what business models are profitable and create heightened customer expectations around the
Denise Johansson- A Review on 2018
I believe in reflecting on achievements, to be able to set new and greater goals for Enfuce. Therefore, I will end this year by reflecting on our achievements during 2018. Our mission for the year was to prepare the company for future growth. To enable that growth, we decided on a few objectives to guide us and to push us further. These objectives were the following:
Enfuce finalizes its PCI-DSS assesment
FOR IMMEDIATE RELEASE June 17, 2018 Helsinki, June 17, 2018– Enfuce Financial Services has completed the PCI-DSS attestation of compliance onsite assessment. We are, from this date on, the first financial service provider in the world to be certified while running our service in a public cloud. Since legacy is non-existing within our domain, we
Announcement of Management Change
FOR IMMEDIATE RELEASE April 27, 2018 Espoo, Finland, April 27, 2018– In the annual board meeting of Enfuce Financial Services, on the 26th of April 2018, the board has unanimously appointed Denise Koskinen as its new Chief Executive Officer of the company. The decision comes in a time, when the company strives for rapid growth