Greece news and trends

AI Takes the Wheel in Travel Planning
Artificial Intelligence // September 10, 2024

Artificial intelligence is reshaping the travel industry, with Greece introducing an AI-powered travel assistant named Pythia and Google showcasing its Gemini AI system at an industry event in Malaysia. The global travel agency market is projected to grow by $156.7 billion by 2028, per Technavio....

Viva Wallet CEO Accuses JPMorgan of Stunting Company Growth
Legal // February 15, 2024

Viva Wallet’s founder is accusing J.P. Morgan — his company’s co-owner — of impeding the Greek FinTech’s growth. Haris Karonis, also the CEO of the payments company, has sued the banking giant for allegedly trying to push down its valuation, the Financial Times (FT) reported...

Real-Time Payments in India, Indonesia Expected to See Largest Growth
Real-Time Payments // April 04, 2023

  Real-time payment systems have transformed how individuals and businesses transact and manage their money around the globe by allowing users to transfer funds instantly without needing physical cash or checks. Users can transfer funds from anywhere, anytime, using their mobile devices or online banking....

J.P. Morgan to Open New Office and Payments Innovation Lab in Greece
Digital-First Banking // November 11, 2022

J.P. Morgan plans to open both a new local head office and a new Payments Innovation Lab within that office in Athens, Greece.  The new office will support the growth of the company’s businesses in the country and will be the new location for its...

Interviews & Exclusives
Real-Time Payments in India, Indonesia Expected to See Largest Growth

April 04, 2023
  Real-time payment systems have transformed how individuals and businesses transact and manage their money around the globe by allowing users to transfer funds instantly without needing physical cash or checks. Users can transfer funds from anywhere, anytime, using their mobile devices or online banking. This transformation has made payment systems more accessible and streamlined, […]

Quick Reads
Greece to Cap Banks’ Fees on Money Transfers

December 15, 2024
Greece reportedly aims to cap banks’ money transfer fees, while eliminating consumer bill pay fees. As Bloomberg News reported, Prime Minister Kyriakos Mitsotakis told lawmakers on Sunday (Dec. 15) that efforts by banks to lower administrative costs for customers “were not enough.” Mitsotakis announced a cap of €0.50 ($0.52) on banks’ fees for transfers of […]

Viva Wallet CEO Accuses JPMorgan of Stunting Company Growth

February 15, 2024
Viva Wallet’s founder is accusing J.P. Morgan — his company’s co-owner — of impeding the Greek FinTech’s growth. Haris Karonis, also the CEO of the payments company, has sued the...

J.P. Morgan to Open New Office and Payments Innovation Lab in Greece

November 11, 2022
J.P. Morgan plans to open both a new local head office and a new Payments Innovation Lab within that office in Athens, Greece.  The new office will support the growth...

Nexi, Alpha Bank to Invest $104M in Greece’s Digital Payments Market

July 04, 2022
Nexi, the Italian payments company, is working with Alpha, the Greek bank, to invest €100 million ($104 million) into the Greek digital payments market within five years, a report from...