Alior Bank’s Romanian branch has teamed up with Deutsche Telekom Group’s Telekom Romania Mobile Communications to develop a new digital financial service. And providing the online exchange for this service is none other than Alior Bank’s long-time partner, Efigence, https://www.fintechfutures.com/ informs. Alior Bank’s Romanian branch has teamed up with Deutsche Telekom Group’s Telekom Romania Mobile Communications to develop a new digital financial service, writes David Penn at Finovate (Banking Technology‘s sister company). And providing the online exchange for this service is none other than Alior Bank’s long-time partner, Efigence. “We have been working together on the Polish market in the field of technology for almost ten years with very good results,” says Marek Lesiak, Efigence’s president and CTO. “We are delighted that Alior Bank appreciates our cooperation and decided to work with us on the international market as well.” The online exchange platform from Efigence will be paired with the Telekom Banking daily online banking service, providing a new solution for customers in the Romanian market. In addition to providing the platform, Efigence designed the interface, and managed technology implementation and integration. “Through the online exchange platform, Telekom Banking’s customers benefit from real-time exchange rates for ten foreign currencies,” says head of eFX Commerce for Alior Bank, Tomasz Do?pia?. He adds that customers using the exchange benefit from being able to initiate trades with only 5% of the total amount, and then provide the balance within two working days in order to complete the transaction. Efigence’s Efi4 Digital Banking Platform supports online and mobile internet banking, features a payment and transactions automation module, as well as currency trading tools, personal finance management (PFM), and social and financial data aggregation tools for credit scoring. Modules include financial forecasting, through which customers receive contextual, relevant recommendations such as setting up a savings goal, or offers like an increase in credit limit or a personal loan based on their income and spending patterns. In August, the company was hired by Emirates NBD to help the Middle Eastern banking group build a new interface and UX for its banking platform. In addition to its long-time partnership with Alior Bank, Efigence has also partnered with Poland’s mBank and Idea Bank, demonstrating banking platform innovations such as social media integration and transaction systems for SMEs.
More than twenty years after launching Flavours Group, Romanian entrepreneur Raluca Țeposu continues to shape Romania’s modern food and hospitality landscape through a mix of creativity, consistency, and care. What began in 2002 as a small catering company built on the simple idea that “food should be about joy, connection, and good energy” has evolved […]
North Bucharest Investments (NBI), a real estate investment and management company, reports a transaction volume of €161 million as of the end of October 2025. By the end of the year, the company anticipates a 25% increase compared to the average level of the reporting period, driven by sustained investor interest and new investment packages […]
Cambridge School of Bucharest (CSB), one of Romania’s leading British international schools, is delighted to announce its Open Days for Admissions for the 2026–2027 academic year, to be held on Wednesday, 19 November, and Friday, 21 November 2025, at its modern campus in Pipera. The Open Days provide prospective families with the opportunity to explore […]
Romania signed a Memorandum of Understanding regarding military cooperation with Egypt on Sunday, November 2. The understanding includes exchanges of expertise, joint exercises, and concrete projects in the field of defense. After the signing, defense minister Ionuț Moșteanu said that among the topics discussed with counterpart Abdel Mageed Ahmed Abdel Mageed Saqr were the security […]
The gala premiere of The Yellow Tie/Cravata Galbenă, a major international production about the life of renowned Romanian conductor Sergiu Celibidache, took place on November 1 at Bucharest’s Sala Palatului, in the presence of actors John Malkovich and Sean Bean, director Serge Ioan Celebidachi, and the film’s production team. More than 4,000 guests attended the […]
Dacia Bigster has been included in the shortlist for the title of Car of the Year 2026, running against Citroën C5 Aircross, Fiat Grande Panda, Kia EV4, Mercedes-Benz CLA, Renault 4, and Skoda Elroq. To be included in the shortlist, the seven cars had to receive the approval of 59 jurors from 23 countries. Cars […]
