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1. BoC Fintech Hackathon 5.0: Fintech Ideas that can change the world!

The number of registrations exceeded all expectations since more than 200 people and more than 25 teams participated....

2. Champions and Rebels Unite!

3. Spike in suspicious transactions as Cyprus freezes over €25 million in illicit assets

Reports of suspicious transactions in Cyprus have risen sharply in 2023, reaching levels similar to those in 2021, as per a story by Kathimerini's Dorita Yiannakou....

4. Student Transfers Now Open at the University of Limassol (UoL)

The University of Limassol (UoL) is pleased to announce that student transfer applications for the second year of undergraduate studies are now open and will be accepted until 27th of September 2024....

5. BoC Fintech Hackathon 5.0...where the fintech-nation begins

The Bank of Cyprus is organizing the 5th BoC Fintech Hackathon 5.0, focused on innovative technologies in the financial sector (Fintech), on October 18-20, 2024. It will be held in person at the IDEA Innovation Center....

6. Cyprus' 300 fintech firms boost economy, says Georgoulas

The Economist's 28th Annual Government Roundtable concluded with great success in Greece, running from July 2-4....

7. St. Kitts and Nevis appoints Joseph Borghese as Special Envoy for FDIs

In a strategic effort to boost Foreign Direct Investment (FDI) initiatives, the Government of the Federation of St. Kitts and Nevis has appointed His Excellency Joseph Borghese as Special Envoy for Foreign Direct Investments. ...

8. Deloitte announces 2024 Technology FAST 50 rankings

Cyprus based Capital.com claims top spot for the third consecutive year exhibiting 4411% growth in revenues ...

9. Spanish banks wary of Cypriot student accounts

The impact of Cyprus being deemed a high-risk destination continues to reverberate even in European Union countries, with remnants of its troubled past lingering....

10.  President Christodoulidis announces Cabinet reshuffle

President Nikos Christodoulidis has announced a series of government appointments, effective Wednesday, January 10, 2023. The changes, made under constitutional authority, include:...

11. Joseph Borghese receives 'Académico Honorario' title from Mexico

Joseph Borghese has been honored as the first Cypriot to receive the esteemed 'Académico Honorario' (Honorary Academic) title from Mexico. ...

12. Is the digital Euro the ECB's game-changer or a banks' ally?

The digital euro would not be a threat to the role of banks as financial intermediaries, Constantinos Herodotou, Governor of the Central Bank of Cyprus (CBC) and ECB Governing Council member, has said, stressing that the digital euro will be issued and guaranteed by the ECB and not at the level of the member state....

13. Unlocking the future of fintech with ECOMMBX: Where money meets innovation

Are you ready to embark on a fintech adventure like no other? Welcome to ECOMMBX, where we’re not just another Electronic Money Institution but game-changers of the industry! Regulated by the Central Bank of Cyprus under license no. 115.1.3.20/2018, we consider ourselves pioneers of innovation in Electronic Money Services....

14. Finyard launches in Cyprus, providing innovative software solutions for the FinTech space

Finyard, an innovative software solutions provider, that helps global brands within the FinTech space offer their clients cutting-edge applications, has opened its doors in Cyprus....

15. Cyprus banks bracing for profit squeeze according to Moody's

Moody's believes that Cyprus' small and saturated banking sector, the banks' limited loan portfolio, and low fee and commission income will restrict opportunities for growth in domestic banks' activities and profitability in the long term....

16. ECOMMBX: A Platform to rule them all

From Day One, ECOMMBX was determined to develop the most powerful electronic payments systems, capable of offering customers seamless cross-border transactions. ...

17. 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....

18. 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....

19. 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. ...

20. 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....

21. 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....

22. payabl. backs fastest growing tech event in Cyprus

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

23. 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....

24. 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. ...

25. 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,...

26. 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....

27. 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. ...

28. 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...

29. 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. ...

30. 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...