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....
The head of Hungary’s central bank says he supports a ban of cryptocurrency mining and trading in the European Union as the digital tokens could “service illegal activities and tend to build up financial pyramids.” That’s according to CoinDesk, which reported Friday (Feb. 11) that...
Costes, a Hungarian restaurant trying to survive the pandemic, has implemented new dining events on the Budapest Eye Ferris wheel, Reuters reports. The Michelin-starred restaurant is hoping to use the event to boost sales after tourism plummeted in the area due to the virus. Owner...
The Hungarian Central Bank (MNB) has introduced an instant payment system that allows for bank transfers in seconds at any time of the day, according to a report. The MNB described the immediate payment is “cash without cash,” and said it’s a helpful and competitive...
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, […]
February 11, 2022
The head of Hungary’s central bank says he supports a ban of cryptocurrency mining and trading in the European Union as the digital tokens could “service illegal activities and tend to build up financial pyramids.” That’s according to CoinDesk, which reported Friday (Feb. 11) that György Matolcsy’s comments come in the wake of China’s move […]
October 18, 2020
Costes, a Hungarian restaurant trying to survive the pandemic, has implemented new dining events on the Budapest Eye Ferris wheel, Reuters reports. The Michelin-starred restaurant is hoping to use the...
March 04, 2020
The Hungarian Central Bank (MNB) has introduced an instant payment system that allows for bank transfers in seconds at any time of the day, according to a report. The MNB...
June 14, 2016
After months of protests, Hungary has finally passed legislation that could block Uber‘s service in the nation of 10 million. The new law essentially empowers the country’s national communications authority...
