News Room
Recently Frank Breuss, CEO and Co-Founder of Nikulipe, participated as a panelist at “Fintech Day 2023,” a conference dedicated to exploring the latest innovations in the financial technology industry. Together with Airidas Puodžiūnas (Solaris), Rūta Bučinskaite (Ondato), Denas Jonas Gadeikis (Bank of Lithuania), and Jekaterina Govina (AMLYZE), Frank Breuss held a discussion about changing financial […] Read more…
Payment service providers Visa and Mastercard are one of the biggest brands in the payments industry. Merchants and consumers associate them both with high fees, especially in the US market, where both legislative and market challengers are hoping to curtail their duopoly, since the payments processing fees are uncapped like in the EU. However the […] Read more…
Fintech ecosystems have quickly developed into one of the most important and impactful areas of the financial services industry. By fostering a collaborative environment for fintech firms, financial institutions, and regulators, they advance the industrial growth of the sector. As a result, the given goods and services are of higher quality, and information and best […] Read more…
The ambitious objective of the European Payments Initiative (EPI) was to lessen the long-standing reliance on the two main international card networks, Visa and Mastercard. Although 20 institutions have left the effort, the remaining 13 member banks are currently changing the project’s scope and goals to meet their reduced capability. In a comment to The […] Read more…
Not that long ago, over half of EPI’s member banks opted out, forcing the remaining members to give up on their efforts to rival Visa and Mastercard dominance in the European market. Local payments expert Frank Breuss argues this may turn out in Europe’s favor, enabling to fill in foundational gaps in the payments industry. […] Read more…