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61. Investment funds hit record high at €2.9 billion

Assets investment by investment funds in Cyprus rose to €2.9 billion in the second quarter of this year, reaching the highest point ever, manifesting the sector’s growing contribution to the Cypriot economy....

62. TechIsland Appoints Ugne Buraciene, Group CEO of payabl. to the Board of Directors

TechIsland, Cyprus's leading tech association, is proud to announce that Ugne Buraciene, Group Chief Executive Officer of payabl., will be joining its Board of Directors, effective 4th October 2023....

63. Inflation fears and green investments

The European Central Bank (ECB) has revised its inflation forecast upward, now predicting that inflation will reach 5.6% in 2023 and 3.2% in 2024. ...

64. CBC Governor Herodotou reveals breakthrough in digital finance

The Central Bank of Cyprus has completed the tender for a new digital platform for customer compliance, said CBC Governor Constantinos Herodotou, speaking at an event organized by the Association of Cyprus Electronic Money and Payment Institutions, on Thursday afternoon....

65. Liquidity cover hits 318% in banking

Konstantinos Herodotou, the Governor of the Central Bank of Cyprus, delivered a robust message at the TechIsland conference in Limassol....

66. payabl. backs fastest growing tech event in Cyprus

payabl. announced as the Platinum Partner for Reflect Festival 2023...

67. Criminals steal $20M from Revolut

Organized criminals exploited a vulnerability in Revolut's payment systems to steal over $20 million from the fintech company, as reported by the Financial Times, citing multiple anonymous sources knowledgeable about the incident....

68. EU Commission proposes digital euro as cash alternative

Digital currencies have grown in popularity. Unlike bitcoin, the digital euro would be a central bank digital currency (CBDC), essentially, electronic cash. ...

69. Here comes the Digital Euro!

The digital euro is set to be a new form of digital currency from the European Central Bank. It will aim to provide a secure, fast and efficient method of payment in the European Union and will be based on a distributed ledger technology,...

70. Michael Kyprianou Advocates – Legal Consultants announces opening of office in Tel Aviv

Cyprus’ leading law firm Michael Kyprianou & Co LLC announces the opening of a new international branch in Tel Aviv, Israel, further expanding the firm’s global reach....

71. Exness opens internship positions for university students

Exness, a global, Limassol-based fintech company specializing in trading, has announced its Cyprus summer internship program. This is the second year the leading multi-asset broker offers junior-level positions to students who want to gain working experience in their field studies. ...

72. EY presents report on the Future of Banking in Cyprus

The report showcases the importance and contribution of Cypriot banks to the wider economy and society, and identifies current and upcoming challenges and opportunities...

73. EY Cyprus participated in the 6th Cyprus International Tax Conference

EY Cyprus has, once again, sponsored and participated in the 6th Cyprus International Tax Conference, titled ''The evolving landscape: Adopting to new challenges and opportunities,'' which took place on Tuesday, February 14th at the Hilton Nicosia hotel. ...

74. Trendsetter company buys Cyprus’ most expensive property

The most expensive piece of real estate in Cyprus is off the market, following news that a global trading platform will buy the stunning beachfront property after a decade-long presence on the island...

75. Averof: 'Technology firms can't find qualified Cypriot workers'

Averof Neophytou, Presidential Candidate and President of the Democratic Rally, stated after his visit to Murex that the global and Cypriot markets are in need of programmers and technology professionals....

76. Payabl. Group CEO, Ugne Buraciene to present and host panel at Reflect Festival, Limassol

Reflect is the biggest tech and entrepreneurial festival in Cyprus and all of us here at payabl. are proud to be supporting this innovative event for the second consecutive year as a Gold Partner, a Knowledge Partner and an Exhibitor....

77. Global fintech market resilient in H1’22 - $107.8 billion in investment, according to KPMG’s Pulse of Fintech

Global fintech investment declined from $111.2 billion in H2’21 to $107.8 billion in H1’22, but remained remarkably resilient compared to historical trends given the challenges affecting the broader investment market, including geopolitical uncertainty, growing inflation, and increasing interest rates. ...

78. ECOMMBX opens new horizons enabled by its new banking agreement with Citi

ECOMMBX, a progressive Electronic Money Institution based in Nicosia, proudly announces that it has concluded a correspondent banking agreement with Citi, the world’s most global bank. This new collaboration delivers a range of benefits for both ECOMMBX as well as Cyprus, as a jurisdiction....

79. XM Ranks 2nd in ‘Best Medium Workplaces’ for Top 2022 European Employers

XM is beyond proud to announce that it has ranked second (2) in a list of Europe’s top employers in 2022, in the ‘Best Medium Workplaces’ category, as awarded by the Great Place to Work™ Institute...

80. Exness donates three fully-equipped firetrucks to the Forests Department of Cyprus

Cyprus-based fintech company Exness has just donated three fully-equipped firetrucks to the Forests Department of Cyprus. This donation is part of the €300,000 pledge made by Exness CEO Petr Valov in 2021, following devastating wildfires across the island....

81. Exness supports technology education in Cyprus through Robotex Platinum sponsorship

82. Consulco brought together London and Limassol

An excellent dialogue took place during the hybrid conference ''Resilient Cities: London and Limassol'' organized by Consulco, on Thursday 16 June 2022 between London and Limassol, where speakers from Cyprus and Britain exchanged views on the two cities and their development. ...

83. Cyprus looks to become global crypto hub with new bill

Cyprus is vetting a cryptocurrency “umbrella” bill in a bid to establish the Mediterranean nation as a premier destination for digital asset innovators and companies....

84. K. Treppides & Co Ltd- Cryptocurrencies: Regulating cryptocurrency trading in Cyprus

85. The act of a balanced work life and its yin yang: ECOMMBX

Life is a delicate yin yang, or merely one more reason to celebrate each day we all share on this planet we call home!...

86. Exness opens its doors to university students of Cyprus

Exness, a fintech company specialized in trading, with headquarters in Limassol, announces its Open Doors Day, welcoming students from all Cyprus universities and all majors to two of its offices. ...

87. JP Morgan is first bank to enter the metaverse with a virtual 'Onyx lounge'

J.P. Morgan opened up an "Onyx lounge" in the metaverse on Tuesday, a virtual lounge in the blockchain-based world of Decentraland....

88. How can banks use smart automation to improve customer service?

In all industries, there are often many tasks that require the attention of employees, but do not fully utilize their skills, such as archiving, entering data or replying to a routine email....

89. Fintech companies and National Betting Authority forge framework of cooperation

The Association of Cyprus Electronic Money and Payment Institutions (ACEMPI) is happy to announce that its President, Mr Ioannis Georgoulas, recently met with the Chairwoman of the National Betting Authority (NBA), Ms Ioanna Fiakkou, to discuss matters of common interest....

90. Announcement of Appointment of Directors & Senior Managers in K. Treppides & Co Ltd

The Management of K. Treppides & Co Ltd is committed to develop leaders who derive from own people and who pursue excellence in the provision of high quality specialised and unique services. ...