As the three-day Money 20/20 Europe 2025 comes to a close, and we say tot ziens to the RAI Amsterdam for another year, we bring you a roundup of announcements and updates from the show.
Deutsche Bank and Mastercard expand open banking payments
Deutsche Bank and Mastercard unveiled a strategic partnership to expand open banking and transform payment experiences across Europe.
The collaboration will enhance Deutsche Bank’s Merchant Solutions by integrating Mastercard’s open banking technology. Merchants will soon be able to offer ‘Pay by Bank’ functionality through Deutsche Bank’s Request to Pay (R2P) service, enabling customers to authorise payments directly from their bank accounts with real-time processing and immediate confirmation.
Valerie Nowak, EVP, head of open banking Mastercard Open Banking Europe, said: “With the further expansion of our partnership, we combine our open banking payments technology with Deutsche Bank’s payments expertise and big merchant base across Europe, and together we’re shaping a future where account-based payments are becoming the new norm.”
BVNK partners with LianLian Global to bring real-time stablecoin payments to 100 markets
LianLian Global, a cross-border payments provider, has joined forces with BVNK, a UK-based stablecoin payments platform, to offer stablecoin payment capabilities to merchants in more than 100 countries.
The partnership aims to cut cross-border settlement times from days to minutes by enabling stablecoin-based transactions, which are automatically converted into US dollars and settled through LianLian’s global network.
Jesse Hemson-Struthers, co-founder and CEO of BVNK, said: “Stablecoins are rapidly reshaping global finance. Through this partnership, LianLian Global’s merchants can transform idle digital assets into instant cross-border payment fuel. Together, we’re removing technical barriers so businesses worldwide can access these high-speed payment rails and move their money faster than ever before.”
LianLian Global also unveiled a partnership with UnionPay International at Money20/20 Europe in Amsterdam. The collaboration combines LianLian Global’s international network with UnionPay’s MoneyExpress service to provide faster, more secure cross-border remittance solutions, particularly for transfers to China’s mainland.
Trust Payments plumps for Trulioo
Trulioo, an identity platform, has teamed up with Trust Payments, a European payment technology provider. Trust Payments will use Trulioo Workflow Studio, Business Verification, Person Match, Identity Document Verification and Watchlist Screening to unify its onboarding processes, support regulatory compliance and elevate the customer experience across regions.
Since implementing Trulioo capabilities, Trust has achieved an 85 per cent verification success rate in key markets and delivered more consistent onboarding experiences.
“Building trust online is more important than ever,” said Vicky Bindra, Trulioo CEO. “Enabling high-growth companies such as Trust Payments to consolidate processes, reduce costs and scale confidently is exactly what we aim to deliver. We’re excited to support its continued expansion across Europe and beyond.”
Enfuce and Shuttel introduce open-loop mobility payment card in the Netherlands
Enfuce, a Finland-based issuer processor and payments technology provider, and Shuttel, a Dutch mobility-focused expense management and employee benefit platform, have introduced a new open-loop mobility payment card in the Netherlands.
The Visa Fleet 2.0 card expands Shuttel’s offering beyond its existing closed-loop model, integrating Enfuce’s cloud-native processing platform and regulatory expertise.
The card covers fuel, charging and parking expenses while offering businesses enhanced controls and real-time transaction visibility. Enfuce’s BIN sponsorship capabilities are central to the launch, enabling Shuttel to provide a flexible and compliant payment solution.
Denise Johaanson, co-CEO and co-founder at Enfuce, says: “Mobility is evolving fast, and this partnership puts us at the centre of that transformation. By combining our expertise with Shuttel’s leadership in the Dutch market, we’re helping to shape the future of how companies manage mobility, making it smarter, more efficient, and compliant for their workforce.”
Bolt boosts payments with Silverflow’s processing
Silverflow, a payment processing technology company, has partnered with shared mobility platform Bolt to optimise payment operations.
Silverflow’s technology enables Bolt to route Visa and Mastercard transactions directly to the card schemes. Offering a direct connection to the card networks via an API, Silverflow’s clients receive automatic updates and core features like 3D Secure, network tokenisation, direct-to-card payouts and access to payments data that traditional payments technology providers and legacy systems will not provide.
Jüri Laur, director of product leading payments, billing and fraud at Bolt, commented: “Our goal is to manage key data elements internally to better understand and influence payment flows, rather than depending on third parties.
“Silverflow’s single global platform supports this by providing a consistent technical foundation across markets, making it a valuable component in our global expansion efforts. We look forward to the continued development of this partnership.”
Transactility launches jPOS 3 with ISO 20022 support
Transactility, the company behind the open-source card payments framework jPOS, has released jPOS 3. The upgrade introduces ISO 20022 compatibility, improved performance and enhanced observability features.
Institutions upgrading to jPOS 3, built on the latest Java technology stack, can expect up to 20,000 transactions per seconds, including on standard hardware.
Other new capabilities include structured logging and real-time metric tracking, streamlining regulatory compliance and improving fault detection.
“jPOS is a proven, 25-year-old framework adopted worldwide by some of the biggest names in payments,” said Alejandro Revilla, the original creator of jPOS and founder of Transactility Inc. “For over 25 years, jPOS has quietly powered reliable global payments. With jPOS 3, we’re raising the bar, delivering speed, scalability, ISO 20022 compliance, and unmatched ease of use for developers.”
ThetaRay and Spayce join forces to combat financial crime
ThetaRay, a financial crime compliance company, has partnered with Spayce, a cross-border payments platform, to tackle financial threats and enhance global payment security.
Spayce has deployed ThetaRay’s Cognitive AI Transaction Monitoring solution into its global payments infrastructure to enhance its financial crime detection capabilities. ThetaRay’s solution uses Cognitive AI to continuously analyse volumes of transaction data, detecting nuanced suspicious activity and uncovering financial crime schemes.
“Financial crime is evolving rapidly, and the technology used to combat it must evolve even faster,” said Peter Reynolds, CEO of ThetaRay. “Our partnership with Spayce unites robust payment infrastructure with ThetaRay’s Cognitive AI to deliver proactive risk mitigation, greater transparency, and the trusted cross-border transactions needed to power global growth.”
Klarna and Visa launch pilot of new debit card
Klarna, the AI-powered payments and commerce network, is testing the Klarna Card: a new debit product, powered by Visa.
The Klarna Card enables consumers to pay immediately or choose interest-free options to pay over time – online or in-store – at more than 150 million Visa-accepting merchants worldwide.
Klarna is currently trialling the Klarna Card in the US to gather feedback before a broader rollout in the US and Europe later this year. It already has more than five million consumers on a waitlist.
“We consistently hear from consumers that they want the freedom to choose how and when to pay – whether that’s paying now with debit or spreading the cost over time,” said David Sandstrom, chief marketing officer at Klarna.
“They want simplicity, flexibility, and transparency – all in one place. That’s exactly what has made Klarna’s payment methods so popular online, and now we’re bringing that same experience to a physical card. The Klarna Card is the future of everyday banking – creating smart payments, to empower smarter shoppers.”
Money20/20 and FXC Intelligence look into Europe’s cross-border payments future
Money20/20 and FXC Intelligence have published a new report, How Will Europe’s Money Move in the Future? 2025’s View of 2035, which provides a data-driven forecast for the evolution of cross-border payments in Europe, drawing on proprietary data and interviews with over 50 fintech leaders.
The report highlights key priorities for the industry, including reducing transaction costs, expanding real-time payments and integrating digital wallets. It also identifies the UK, France, Germany, the Netherlands and Estonia as frontrunners in driving innovation. Despite potential challenges, Europe’s outbound cross-border payments are projected to reach $25.9trillion by 2032.
Scarlett Sieber, chief strategy and growth officer at Money20/20, commented: “Europe is at the tipping point of a new era in money movement. This report captures the scale of transformation underway – from real-time payments to digital wallets – and the essential role that collaboration between fintechs, regulators, and legacy institutions will play in shaping what comes next.”
FIS and Episode Six launch International Issuing Hub
FIS, a global provider of financial technology solutions, and Episode Six, a payments platform company, have introduced the FIS International Issuing Hub – designed to help banks and issuers modernise their payments infrastructure and launch new products efficiently.
The partnership combines FIS’s worldwide operational capabilities with Episode Six’s flexible issuer processing technology, giving banks the tools to deploy modern issuing functions, configure products across different currencies and markets, and ensure compliance in varied regulatory environments.
The FIS International Issuing Hub enables financial institutions to launch credit, debit, prepaid and virtual card products without needing to overhaul their existing systems.
John Mitchell, CEO and co-founder of Episode Six, commented: “FIS International Issuing Hub sets a new standard in payments, empowering companies to thrive in a rapidly evolving digital economy. FIS International Issuing Hub gives our clients the power to scale, innovate, and excel.”
Revolut joins EPI to bring Wero to more customers in Europe
Revolut has joined the European Payments Initiative (EPI) to integrate Wero, EPI’s digital payment wallet, into its app for customers in France, Belgium and Germany from July 2025. The move aims to offer a secure, local payment option for European users and broaden Revolut’s payment services in the region.
Wero, launched in summer 2024, enables instant account-to-account payments and is used by over 40 million people in Europe. Revolut’s partnership enables its customers to send and request money instantly and without fees using Wero.
Both companies described the collaboration as an important step towards expanding payment choice and sovereignty for European consumers.
Kraken partners with Ivy to offer instant bank payments in Europe
Kraken, a major global crypto exchange, has partnered with Ivy to provide instant bank payments for its European users. The new arrangement will enable real-time deposits, withdrawals and stablecoin settlement for Kraken customers, addressing the growing demand for faster and more reliable crypto transactions.
Ivy, a licensed payment institution in Europe, has built a platform tailored to the needs of crypto merchants and is seen as a strong fit for Kraken’s European expansion.
“Our mission is to make money move at internet speed,” said Ferdinand Dabitz, CEO and co-founder of Ivy. “Companies like Kraken are already default global and default instant – payments and banking should be too. Together, we’re setting a new standard for crypto-native payments across Europe.”
payabl. introduces virtual business cards for enhanced control and security
payabl., a European fintech firm, has launched virtual business cards aimed at giving businesses greater control over payments and spending. The new service enables businesses to instantly issue digital cards, set spending limits, and manage expenses across teams and suppliers.
Virtual cards, which are expected to reach 175 billion transactions by 2028, offer real-time issuance and enhanced security compared to traditional physical cards.
Ugne Buraciene, group CEO at payabl., said the new service will remove payment friction and help businesses grow. “From improved oversight of spending, to the ability to set budgets and ensure the highest level of security, payabl. is removing the friction from payments so businesses can focus on what really matters: growing their businesses and better serving their customers and partners,” said Buraciene.
