Dutch payments processor takes pan-European licence to bypass banks23 Jun 2017—Reuters
Adyen, one of Europe's biggest fintech companies, has taken a pan-European banking licence that allows it to bypass banks and process cross-border payments directly for its merchant customers, including many of the world's top ecommerce firms.
Chief Executive Pieter van der Does said on Friday that his Amsterdam-based company was awarded a European regional banking licence in late April by the Dutch Central Bank on behalf of the European Central Bank.
Swedish payments processing rival Klarna...