Tag: Turkey
Turkish central bank concludes first CBDC test transactions
The Central Bank of the Republic of Turkey (CBRT) has run its first test transactions on the digital Turkish Lira CBDC network.
IDEX Biometrics launches its first biometric payment card in Turkey
IDEX Biometrics has launched its first biometric payment cards in Turkey in collaboration with an unnamed issuer.
Papara hires founding members of the Istanbul police’s anti-cyber crime...
Turkish FinTech Papara has hired one of the founding members of the Istanbul police department's anti-cyber crime branch as its new corporate relations director for cybersecurity.
Turkey is changing its banking laws in regards to financial assets...
Things are changing in the Turkish banking sector with the country’s government having just declared legal changes to how people and companies can access their capital. It is also changing the laws around debt collecting.
Tax software provider Sovos completes two acquisitions
Global tax software provider Sovos has acquired e-invoicing solution Foriba and tax solution Eagle Technology Management (ETM).
Turkey’s Akbank taps Daon for facial recognition
Akbank has become the first bank in Turkey to deploy facial recognition for mobile banking authentication.
Turkish payments tool iyzico adds $2m to Series C
Turkish online payments service iyzico is adding another $2m to its Series C funding round to bring it up to $15m. The new capital comes from London-based VC Amadeus Capital Partners.
Paraşüt grabs $2m for SME bookkeeping
Turkish bookkeeping software firm Paraşüt has picked up $2m in a Series B round of funding. Istanbul-based VC fund manager Diffusion Capital Partners led the round.