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Banque de France to modernise payments tech with Sopra Banking Software

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Banque de France’s banking services department has embarked on a major technology overhaul programme. It will work with a domestic software provider on this project, Sopra Banking Software, which is part of the Sopra Steria group.

Apple Pay launches in France

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Apple Pay is now available in France – with Visa debit and credit cardholders from Banque Populaire et Caisse d’Epargne (BPCE group) getting immediate access. Apple Pay can be used to touch and pay wherever Visa contactless payment is accepted. Visa says France already has over 400,000 merchant locations live with contactless payment today (19 […]

Central banks of Spain and France late with Calypso tech project

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Banque de France and Banco de España are running late with their implementation of a new treasury and capital markets (TCM) system, Banking Technology understands. The two banks jointly opted for a new solution in 2013/14. It is understood that Calypso was chosen to replace a host of legacy technology, including Wallstreet Suite from Wall […]

Rudi Collin named head of Digital Transformation at BNP Paribas

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BNP Paribas Corporate and Institutional Banking (CIB) has announced that it has appointed Rudi Collin as Head of Digital Transformation for CIB. Previously Collin was head of Electronic Business and Markets for the Global Markets business and prior to this, was chief operating officer for the fixed income division of the bank. In his new role, […]

Orange to launch mobile-only bank in 2017

Orange is banking on its mobile bank being a hit with a new generation of consumers

French telecoms firm Orange is to create a new bank called Orange Bank together with French insurer Groupama, in a move the two firms say will help to break open the banking market using mobile phone technology.

Orange and Visa Europe launch Orange mobile wallet in France

Orange and Visa Europe have launched the Orange Cash mobile wallet in Caen and Strasbourg (pictured)

Orange and Visa Europe have launched a new mobile wallet service called Orange cash in the French cities of Caen and Strasbourg, making Orange the first mobile network operator in France to offer mobile contactless payments to its customers.

Euronext launches foreign open-ended funds in Paris

Euronext is to begin trading open-ended European funds in Paris

European exchange group Euronext is planning to begin trading active open-end funds on its Paris market following a legislative decree in France allowing the funds to be traded on exchanges or MTFs.

France’s railway network adopts mobile payments

France's TGV trains (pictured) will now accept mobile payments

French railway operator SNCF has adopted a mobile payments system from Californian tech firm VeriFone Systems, which allows customers to pay for railway tickets using a mobile device.

Euroclear moves France, Netherlands and Belgium to T+2 settlement

Euroclear will move the Paris, Amsterdam and Brussels markets to T+2 settlement

Securities trading in France, the Netherlands and Belgium is to move to T+2 settlement in October 2014, following a decision by Euroclear to pre-empt Europe-wide settlement reforms.

New research slams “cynical” financial transaction tax

Healey: tax will hurt banks and investors

The imposition of a financial transaction tax in Italy on Friday has prompted condemnation from senior financial market observers, who are warning that the new rules could tip Europe into a liquidity drought that will damage banks and asset managers, punish traditional market participants and encourage a slide away from equities towards other asset classes.

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