Over-indebtedness has reached a critical point in France. In 2024, 134,803 cases were filed with local over-indebtedness commissions across mainland France, marking a 10.8% increase compared to the previous year (source). Behind these alarming numbers are often hidden human stories: families overwhelmed by unavoidable expenses, unforeseen events that disrupt financial stability, and a glaring lack […]

Our first product release of 2025 is here, focusing on enhancing fraud prevention and expanding our payment solutions. Introducing New Data Insights  We’re enhancing our Open Banking services with new transaction indicators in France to help businesses make faster, more informed credit decisions. It allows precise insights on a user’s financial situation and behavior (e.g. […]

Cashback programs are growing rapidly across Europe as consumers shift towards immediate financial benefits over traditional loyalty schemes. The market is on track to grow significantly, with spending expected to more than double from US$57 billion in 2023 to US$115 billion by 2029. This growth is fueled by the demand for easy-to-use, automated solutions that […]

Is it truly a New Year without a wave of new regulatory obligations? 2025 is set to bring significant shifts to the fintech landscape, with an increased emphasis on digital security, consumer protection, and streamlined operations. As financial services evolve, EU regulators aim to ensure transparency, accessibility, and security are at the forefront. Here’s a […]

We’ve witnessed many advancements in payment technology over the last year, along with heightened regulatory attention on the industry. Below, we give insights into four key trends carving a new path toward transaction efficiency and security, and how to leverage these shifts for business growth in 2025.     1. Real-time payments Real-time payments have taken […]

The financial services industry faced significant challenges over the past year, and 2025 is set to bring substantial changes.  We’ve identified four major fintech trends that will influence critical industry shifts in 2025. For Fintech, financial management software providers, banks, credit institutions, and tech executives –– as well as non-finance companies looking to embed financial […]

Monitoring cash flow in today’s digital ecosystems requires real-time visibility. While many financial management software platforms already use Open Banking technology, not all systems achieve the seamless accessibility and reliability needed to maximize efficiency. Real-time oversight is crucial for informed financial decisions and maintaining a healthy liquidity position. For financial software platforms, direct access to […]

The fall air may be cooling, but we’re heating up for our next release of new products and features! Check out our latest innovations in Open Finance and Embedded Banking.   Virtual IBANs revolutionize reconciliation: Powens’ new Embedded Banking capability Available for spanish IBANs We’re expanding our IBAN capabilities. Virtual IBANs are unique digital bank […]