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 […]

The EU-wide e-invoicing mandate, established by Directive 2014/55/EU, aims to standardize electronic invoicing across member states, with each country adapting the requirements to its specific needs. Here’s how France is implementing this regulation.   What is E-Invoicing in France, and Why is it Important? France’s e-invoicing reform is overseen by the Ministry for the Economy, […]

For years now, consumers and businesses alike have enjoyed the relatively regulation-free space of Buy Now, Pay Later loans (BNPL) in the EU. This boom is highlighted by the latest research, which projects BNPL payment adoption in Europe to grow by over 15% annually in 2024, reaching a total value of $219.2B by the end […]

Though once a rare gem in the credit market, Buy Now, Pay Later (BNPL) services have skyrocketed in popularity. The Bank for International Settlements reports that BNPL activity increased more than sixfold globally from 2019 to 2023, with continued growth in 2024. Where popularity grows, however, a spike in regulatory attention is sure to follow. […]

In today’s business world, speed, accuracy, and automation in financial management are crucial. The financial management software market is evolving to optimize specific tasks, such as automated bank reconciliation, invoice payments, or real-time cash visibility.   Open Finance and Embedded Payment technologies, powered by platforms like Powens, fuels this evolution by allowing the integration of […]

In a recent survey of more than 500 financial leaders, 67% agreed that they struggle to obtain a complete financial overview of money movements across multiple bank accounts.  For financial software vendors, this lack of oversight presents a significant opportunity to providing end-users with streamlined bank reconciliation solutions.  Financial software clients require seamless bank reconciliation […]