OTP Bank Romania announced a 66% increase in the number of digital product users in the last year and a half, and one of the bank's most popular digital solutions, the SmartBank application, was adopted by over 80% of customers."One of the bank's most popular digital solutions, the SmartBank app, has been adopted by over 80% of customers, allowing them to manage banking directly from their mobile devices. This has contributed to an impressive 79% increase in transactions made through Internet & Mobile Banking services. Soon, customers will enjoy a new experience offered by the SmartBank application, upgraded with new functionalities that allow the customization of the dashboard according to individual needs and preferences," according to a press release from the bank.Constantin Mares, Deputy General Director of OTP Bank Romania, Digital Division, showed that the bank has focused, in the last 4 years, on digital transformation, with the aim of aligning itself with the current requirements of clients and offering them personalized experiences.OTP Bank was recognized for its achievements in the digital field, obtaining awards such as "Best performance mobile banking - Largest number of transactions" and "Best performance in internet banking - Quota clients of legal entities" awarded by Finmedia. Also, the PF Online Onboarding Flow was designated by Finnoconsult as "The best flow in the Online Onboarding category", and OTP was recognized in the Top 3 digitized banks in Romania by Finnoscore.
Romanian prime minister Ilie Bolojan stated during an interview on Wednesday, December 17, that there should be no statute of limitations in cases of serious corruption. The statement comes after a Recorder investigation, which showed that several heads of the major institutions in the Romanian justice system allegedly delayed trials for years until wrongdoings were […]
President Nicușor Dan has challenged, before the Constitutional Court (CCR), the constitutionality of the law that requires that at least 40% of the athletes who play on a team in official national competitions be Romanian. Dan noted that the law violates the principle of non-discrimination and the free movement of workers, enshrined both in the […]
Craiova International Airport will open its new passenger terminal on Thursday, December 18, completing a major infrastructure investment aimed at significantly expanding capacity and improving air connectivity in southwestern Romania. It is part of a broader expansion and modernization project financed through the Large Infrastructure Operational Programme (POIM) 2014–2020, with a total value exceeding EUR […]
Romania is set to be connected to the Western European energy network thanks to grid investments worth EUR 30 billion. The funds will be provided by the EU by 2035, and the project will link Romania to Hungary and Austria in a joint project. Romanian energy minister Bogdan Ivan signaled the signing of the new […]
Franck Bagouet has been appointed managing director of TotalEnergies Marketing Romania SA and managing director of Automotive Southeast Europe Hub TotalEnergies Marketing. He succeeds Didier Grimault, who has accepted a new position within the TotalEnergies company. “I am glad to join this dynamic affiliate and confident that, together with our talented team, we will reinforce […]
Databricks, the data analytics and artificial intelligence company co-founded by Romanian professors Ion Stoica and Matei Zaharia, announced on Tuesday, December 16, that it is raising USD 4 billion in funding at a valuation of USD 134 billion, according to CNBC. The new valuation represents a 34% increase compared to the August round, when Databricks […]
