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SMALL BUSINESSES Inflation: how are companies adapting? According to INSEE, inflation is set to rise to +4.9% in 2023, after +5.2% in 2022 and +1.6% in 2021, an increase that is weighing on business activity.
VSE/SME France Travail Pro: a new service to speed up recruitment for VSEs and SMEs VSEs and SMEs can use France Travail Pro to get personalized help when they want to speed up their recruitment.
Professionals Mandatory electronic invoicing: what's changing on September 1, 2026 From September 1, 2026, French companies subject to VAT will have to switch to electronic invoicing and use a certified platform.
Professionals Take part in DuoDay 2024: register now! The 7th edition of DuoDay 2024 will take place on November 21. Employers can register now.
Professionals Sole trader: protection of principal residence continues after cessation of activity The French Supreme Court recently ruled on the issue of the unseizability of a sole trader's principal residence following cessation of business.
SMALL BUSINESSES Cybermois: an event to raise awareness of cybersecurity In 2024, Cybermois returns with a host of cybersecurity activities and resources.
Professionals Electronic invoicing: the list of registered dematerialization platform partners Electronic invoicing is becoming more widespread, with the DGFiP registering partner dematerialization platforms (PDPs).
Professionals Moral harassment: the CSE must justify personal injury in order to take legal action The French Supreme Court (Cour de cassation) has just reiterated that in order to sue for damages, the CSE must prove that it has suffered personal injury.
VSE/SME Data protection: Publication of an RGPD guide for VSEs/SMEs The European Data Protection Committee (EDPS) recently published an RGPD guide specifically designed for VSEs/SMEs.
VSE/SME CSE: employees must have access to benefits as soon as they join the company The social and economic committee (CSE) can no longer restrict access to social and cultural activities to employees with a certain length of service.
VSE/SME Micro-entrepreneurs: still a few days to opt for the flat-rate payment at source Are you a micro-entrepreneur? You have until September 30 to opt for the lump-sum payment at source.
VSE/SME Can an SCI building be made available to a partner free of charge? Can a manager dispose of an SCI building free of charge? The French Supreme Court recently answered this question.
Professionals France Ruralités Revitalisation zoning takes effect The new France Ruralités Revitalisation (FFR) zoning, replacing the Zones de Revitalisation Rurale (ZRR), came into force on July 1.
Professionals The seller's safety obligation includes the loading of the product sold In a ruling handed down on June 19, the French Supreme Court (Cour de cassation) reminds us that the seller is subject to a safety obligation which takes into account the conditions of transport...
Professionals Shopkeeper: close proximity to a competitor may constitute moral prejudice In a ruling handed down on June 5, the French Supreme Court (Cour de cassation) states that the close proximity of a direct competitor's premises can cause prejudice to a retailer.
VSE/SME Clarification of the "Jeune entreprise de croissance" status The French Finance Act for 2024 introduced a new category of company called "Jeune entreprise de croissance", a status that allows companies to claim advantages...
Professionals Access to the register of beneficial owners: new conditions from July 31, 2024 Currently public, information on beneficial owners will soon be restricted in order to protect privacy and ensure the transparency of economic life.
Professionals Construction site stoppages: heatwaves are now taken into account in compensation for bad weather Workers will now be entitled to compensation if the site on which they are working has to be suspended due to a heatwave.
Professionals SAS: excluded partners have voting rights The Articles of Association of a SAS may not deprive a partner whose exclusion is being considered of his voting rights.
Professionals Company buyout: tax allowance increased to €500,000 The Finance Act for 2024 raises the amount of the allowance for business buyouts from €300,000 to €500,000.
Professionals Auto-entrepreneur: social security contributions to rise on July 1, 2024 From July 1, 2024, some auto-entrepreneurs will see their social security contributions increase.
VSEs/SMEs Unfitness for work: the imprescriptibility of the employer's breach of the employer's safety obligation The statute of limitations for the employer's breach of its safety obligation does not prevent the employee from contesting his dismissal for incapacity.
Professionals Non-renewed lease: a tenant awaiting eviction compensation may remain on the premises In a ruling handed down on May 16, 2024, the French Supreme Court (Cour de cassation) states that a tenant who has not received his eviction indemnity may remain on the premises after...
Professionals CVAE and CFE 2024: payment of 1st instalment by mid-June at the latest The first installments of the CVAE and CFE are due in June. They correspond to 50% of the contribution due in 2023.
Professionals JOPTIMIZ: the platform that optimizes your travel during the 2024 Olympic Games JOPTIMIZ was created to facilitate the supply of shops and all essential services during the Olympic and Paralympic Games.
Professionals Olympic Games 2024: Parisian shops open every Sunday Businesses in certain sectors will be open on Sundays during the Olympic Games.
VSE/SME Late payment: penalties and statutory interest cannot be combined In a ruling handed down on April 24, 2024, the French Supreme Court (Cour de cassation) ruled that late payment penalties and statutory interest cannot be combined.
Professionals BIC taxation: options that can be exercised in May or June The tax authorities have issued a reminder of the options available in May and June to companies taxed in the industrial and commercial profits (BIC) category.
Professionals Conditions for access to sole trader status clarified The Immigration Act of January 26, 2024 specifies the conditions for foreign nationals to qualify as sole proprietors.
Professionals CNIL: Personal data security guide 2024 now available online When processing personal data, data controllers must implement the necessary measures to guarantee data security.
VSE/SME SensCyber: a program to help your SMB protect itself against cyber attacks Cybermalveillance.gouv.fr has launched SensCyber, a new service designed to raise awareness of cybersecurity among SMEs.
Banks Banque de France opens "Espace dirigeant The Banque de France has recently launched a new free, personal, secure service for company directors, accessible 24 hours a day.
Professionals 14 fact sheets dispel misconceptions about electronic invoicing The DGFIP has recently published a series of fact sheets designed to dispel misconceptions about electronic invoicing.
VSE/SME Cybermalveillance.gouv.fr report on cyberattacks in 2023 In 2023, the IT threat level in France continued to rise.
VSE/SME Payment delays on the rise again Since last year, payment delays have once again threatened small businesses. The French government is planning to strengthen its control tools.
Professionals EURL can opt for corporate income tax in its articles of association In a ruling handed down on February 5, the French Conseil d'Etat has reiterated the conditions under which EURLs may opt to pay corporate income tax rather than income tax....
SMALL BUSINESSES Company and group size thresholds upgraded The decree of February 28, 2024 upgrades the thresholds defining the size of a company and a group.
Professionals Electronic invoicing: what changes can you expect in terms of payment times? Initially scheduled for July 1, 2024, the obligation for French companies to issue and receive electronic invoices will be phased in from September 1, 2026.
SMALL BUSINESSES Electricity buffer extended for businesses in 2024 The electricity buffer to support SMEs and local authorities will be extended under certain conditions this year.
VSE/SME GNR, payment deadlines: new support measures for construction companies Bruno Le Maire has announced a number of support measures for the construction and public works sector, notably concerning non-road diesel fuel.
VSE/SME Call for entries for the "Grande Exposition du Fabriqué en France The 4th edition of the Grande Exposition du Fabriqué en France will take place at the end of June.
SMES SMEs: export assistance simplified and extended The French government has announced a series of new measures designed to help companies expand their business abroad.
VSE/SME Administrative simplification: initial results of consultation with entrepreneurs The French Minister of the Economy recently unveiled the first results of the public consultation on administrative simplification.
Professionals Electronic invoicing: candidates for partner dematerialization platform status DGFIP has published the list of candidates for the status of Partner Dematerialization Platform (PDP).
Professionals Donations to associations: tax reduction increased to 75% until 2026 French MPs have approved an amendment to the Finance Bill, increasing the tax reduction granted for donations to organizations that help the underprivileged.
Professionals Banque de France revises its growth forecast for late 2023 Gross domestic product (GDP) is set to rise by 0.2% in the final quarter of 2023, according to Banque de France forecasts.
VSE/SME Crisis recovery procedure extended for 2 years The crisis exit treatment procedure, initially introduced by the law of May 31, 2021 for small businesses in difficulty, has been renewed...
VSE/SME A job seeker does not benefit from the presumption of inexcusable fault on the part of the employer. The presumption of inexcusable fault cannot be used during a workplace assessment.
VSE/SME Companies with fewer than 11 employees have until December 31 to opt for quarterly payment of social security contributions. In principle, social security contributions are deducted on the 5th or 20th of each month. However, it is possible to opt for quarterly payment.
Professionals The creation, takeover or sale of an establishment in 2023 must be declared by December 31. If you have created, taken over or sold an establishment this year, you have until December 31 to declare it.
Professionals VAT: half-yearly instalments due by December 26 If you are subject to the simplified VAT system, you can pay your second half-yearly instalment from December 15 to December 26 inclusive.
Professionals Energy: support measures proposed for professionals in 2024 Bruno Le Maire, French Minister for the Economy, Finance, Industrial and Digital Sovereignty, announced on November 30 the energy support measures proposed for professionals in 2024.
VSE/SME Declare your extra-financial performance with the CSR Portal Launched in 2021, the CSR (Corporate Social Responsibility) Portal helps companies declare their extra-financial performance.
SMALL BUSINESSES Corporate value-sharing schemes simplified and generalized Promulgated on November 29, the law on the sharing of added value provides for a number of changes, including the long-term transformation of the value-sharing...
Professionals Unseizability of principal residence: the burden of proof lies with the entrepreneur A sole trader can oppose the seizure of a property belonging to him, provided he can prove that it is his principal residence.
VSE/SME Mission Transition Écologique: the new platform designed to help VSEs and SMEs in their approach The "Mission Transition Écologique" platform is designed to help VSEs and SMEs access the most appropriate assistance for their situation.
VSE/SME Sale of a business: no automatic transfer of receivables to the buyer In the absence of an express clause to the contrary, the sale of a business does not automatically entail the transfer to the buyer of the seller's obligations, nor of the buyer's...
Professionals Suspension of payment of claims during a judicial liquidation When a company is in the process of judicial liquidation, its creditors no longer have the right to claim payment of their debts directly from the company.
VSE/SME Ecological transition for VSEs and SMEs: aid schemes deemed too complex While there are currently 340 eco-transition aids available to businesses, it can be difficult for them to access them easily.
Professional Updated energy checklist, essential support for companies The Energy Crisis Committee offers business leaders a checklist, which has just been updated, to help them make the right decisions when it comes to...
VSE/SME The multiple activities of VSEs when it comes to capital gains tax exemption A small business can benefit from a capital gains exemption on the sale of an asset, but only under certain conditions. In a recent dispute, the Conseil d'Etat had to intervene...
Professionals CFE payment deadline on December 15The tax notices for the business property tax (CFE) are online. Liable companies have until December 15, 2023 to pay the balance.
Accelerate the growth of your business with the ETIncelles program The French government is launching ETIncelles to support small and medium-sized enterprises (SMEs) with high potential in their development, and enable them to become intermediate-sized companies (ETIs).
Accidentsat work and occupational diseases: deadline for registration for the AT/MP account on 11 December Mandatory for any company covered by the general scheme, regardless of its workforce, registration for the AT/MP account must be done before 11 December.
Professionals Bercy launches "Rencontres de la simplification de la vie des entreprises The government recently launched a public consultation aimed at business leaders and entrepreneurs.
SMALL BUSINESSES Very small businesses benefit from the monumental Grand Paris Express construction site The law creating the Grand Paris Express was passed in June 2010. To support this project, the French government is relying in particular on very small businesses.
SMES SMEs lag behind in digital transformation France Num has presented the results of the 4th edition of its annual Barometer. The study shows that SMEs are lagging behind in terms of digital...
Professionals Launch of the 12th Industry Week In 2023, Industry Week will be held from November 27 to December 3, providing an opportunity to promote the sector's professions to the general public.
Professionals Accessibility fund supports local shops and establishments Since November 2, small businesses have been able to apply for assistance in financing part of their work.
Professionals New features for the National Register of Companies A decree issued on October 17 lays down new provisions concerning the registration and correction of information entered in the National Register of Companies (RNE).
Professionals Failure to provide a statement of natural and technological risks does not result in termination of the commercial lease The fact that a lessor fails to provide a statement of natural and technological risks that is less than 6 months old is not sufficient reason to terminate the lease....
Professionals Local business taxation mapped city by city The Direction générale des Finances publiques (DGFIP) has launched a new tool presenting local business tax data in the form of dynamic maps.
VSE/SME An Urssaf inspection may be deemed irregular The Urssaf can have a tax reassessment annulled by a judge if certain procedures are not rigorously respected, as recently happened to a company.
Professionals Generalized electronic invoicing: timetable unveiled The obligation for VAT-registered businesses to use electronic invoicing will apply from 2026.
Professionals Electronic invoicing: how to get started? Now that the timetable for the widespread introduction of electronic invoicing has recently been unveiled, companies may find it difficult to navigate their way through the software available on the market...
Professionals The European VIDA Directive and its impact on e-commerce In December 2022, the European Commission presented a draft directive called VIDA (Directive on VAT in the Digital Age), which has since been approved by the...
Professionals Guichet unique: no more paper forms Companies can no longer submit paper forms to the registries, except in the case of certain exceptional formalities.
Professionals Help! helps self-employed workers in difficulty The French social security organizations have joined forces to offer "Help!", a special service for self-employed workers in difficulty.
VSE/SME The right to protection of personal data is not absolute The right to protection of personal data is not absolute, says the French Supreme Court in a recent ruling. Let's decipher this decision.
Professionals Wrong VAT rate: what consequences for the craftsman? Companies are responsible for collecting VAT on behalf of the government. In the event of an error in calculating the rate, it is not possible to claim a supplement from the customer.
Banks Banks and artificial intelligence together against fraud Faced with new threats, banks are adapting and making massive use of artificial intelligence tools.
VSE/SME Ma TPE gagne avec le numérique" training course, registration deadline October 22 The Île-de-France DRIEETS and France Num are offering a free training course for VSE managers, entitled "Ma TPE gagne avec le numérique" ("My VSE wins with digital").
VSE/SME Two more years for Mission France Recouvrement On September 12, a decree was issued to extend Mission France Recouvrement until the end of 2025, thus offering two more years for its...
Professionals Italy, a pioneer in electronic invoicing Italy is a pioneer in electronic invoicing. Today, almost 8 out of 10 companies use electronic invoicing.
Professionals E-invoicing reform postponed by a year Already in place since 2020 in the public sector, the dematerialization of invoices issued in France between companies subject to VAT has finally been postponed.
VSE/SME A company is liable if its legal representative commits an offence. In order for a company to be held criminally liable, the offence must have been committed by its legal representative on behalf of the company.
VSE/SME Sale of shares: partners, even minority shareholders, are jointly and severally liable to the purchaser In the event of a sale of shares, all associates are jointly and severally liable to the purchaser.
VSE/SME Payment delays lengthen for very small businesses In the first half of 2023, very small businesses are facing longer payment delays, as revealed by a study published in September.
Professionals The French government uses dormant bank accounts to increase funding for associations The French government has announced its intention to increase funding for small associations by almost 20 million euros by tapping into inactive bank accounts.
VSE/SME France Num barometer: VSEs and SMEs reassess their confidence in digital transformation As it does every year, France Num has published the results of its barometer, the aim of which is to present changes in the digital perceptions and uses of...
Professionals What is the notice period for terminating an established business relationship? Producers, distributors and service providers who abruptly terminate an established commercial relationship without offering their partners sufficient notice are liable.
SMALL BUSINESSES Reindustrialization boosts construction sector Penalized by the crisis in housing construction, the building sector is benefiting from France's industrial development.
VSE/SME Despite obstacles, business relocations on the rise in France Business relocations are set to rise sharply in France in 2023, with many SMEs and ETIs deciding to completely overhaul their business model.
VSE/SME The "Osez l'export" (Dare to export) plan to support French companies in their quest for international success The French government has unveiled a brand new plan to support French companies in their quest for international success.
VSE/SME The Conseil d'Etat clarifies the notion of commercial aid deductible from taxable profit Aid granted to a company by another company is not in principle deductible from its taxable profit, unless it is of a commercial nature.
VSE/SME Micro-entrepreneurs: option to opt for lump-sum payment until September 30 Active micro-entrepreneurs have until September 30, 2023 to opt for the lump-sum payment at source.
Professionals Commercial premises: work prescribed by the authorities is the responsibility of the lessor A landlord who receives a notice from the authorities requiring him to carry out restoration work on his commercial premises cannot require his tenant to do the work....
SMALL BUSINESSES Tax authorities have the right to check the existence and amount of tax loss carryforwards from statute-barred years. The tax authorities have the right to verify the existence and amount of losses carried forward from previous tax years for which the statute of limitations has expired.
VSE/SME Small communications agencies: malfunctions observed in local authority tenders Local authorities issue invitations to tender that pose challenges for small communications agencies, placing them in tricky situations.
Professionals Withholding tax for the self-employed in 2024: when and how to opt for quarterly instalments? Self-employed workers, to benefit from quarterly withholding tax, you need to opt for this system by the deadline.
VSE/SME Tax integrated group: the information letter sent to the parent company does not require hierarchical approval The Conseil d'Etat recently ruled on two obligations incumbent on the tax authorities when a member of a fiscally integrated group is subject to an accounting audit.
VSE/SME VAT group: opt in before October 31 to benefit from its advantages Since January 1, a new VAT tax regime has been in force: the VAT group. What does it involve? Which companies are concerned?
SMALL BUSINESSES A company's inaction may constitute opposition to a tax audit In a decision handed down on June 9, 2022, the Nancy administrative court of appeal ruled that a company's inaction could lead to opposition to a tax audit, which...
Professionals Recovery of social security contributions from the personal assets of sole traders A decree issued on July 17 sets the thresholds applicable to the recovery of social security contributions from an entrepreneur's personal assets.
VSE/SME Labour market: employers back in control of employees Business owners are finding it less difficult to hire staff this year. This should have an impact on wage negotiations.
VSE/SME Allocation of the balance of the taxe d'apprentissage possible since August 28 The balance of the taxe d'apprentissage (apprenticeship tax) can now be allocated to the relevant establishments and training courses via the SOLTéA platform.
Professionals Electronic invoicing postponed The Ministry of the Economy has announced the postponement of the generalization of electronic invoicing, an obligation that was due to come into force on July 1, 2024.
VSE/SME Risks in the workplace: focus on the "Captage fumées de diesel" prevention subsidy To protect the health of their employees, certain companies can benefit from the "Captage fumées de diesel" prevention subsidy.
VSE/SME AI use on the rise in companies with over 10 employees A survey conducted by Pôle emploi shows that over a third of establishments with 10 or more employees are using Artificial Intelligence (AI).
Professionals Insufficient shareholders' equity: new rules apply The decree of July 25, 2023 sets out new rules to be applied when a company's shareholders' equity falls below half of its share capital.
Professionals Over 80% of companies still in business after 3 years A recent INSEE study shows that financial and insurance companies have a higher survival rate than sole proprietorships.
Company founders The "Créer sa Réussite" program renewed The French Ministry of Labor, Employment and Integration has decided to renew the "Créer sa Réussite" program launched by BGE in October 2021.
VSE/SME Principal residence and judicial liquidation: the burden of proof lies with the entrepreneur In a recent ruling, the French Supreme Court (Cour de cassation) specifies that in order to oppose the compulsory sale of a property, the entrepreneur must provide proof that it is his...
Professionals Launch of the Mon Accompagnateur Rénov' platform 2023 sees the launch of the Mon Accompagnateur Rénov' accreditation application platform, which has been extended to private players since July 3.
Professionals 3006, a toll-free number for business start-ups The Chambers of Trades and Crafts now offer a toll-free number, 3006, to answer questions from craftspeople.
Professionals Business climate remains stable in France in July The business climate remained relatively stable in July, according to INSEE.
Banks Banque de France tests its climate indicator with companies This year, several hundred companies are testing a climate indicator proposed by the Banque de France.
Professionals Unannounced tax inspections: procedures and consequences If tax officials turn up at a company's door without warning, it's probably an unannounced tax audit.
Professionals When to file a declaration of confidentiality for annual financial statements? A company can opt to keep its annual financial statements confidential, so that they are not made public, in whole or in part.
Professionals Tax relief: how is interest on arrears calculated? When the tax authorities are obliged to reimburse a taxpayer for a tax rebate, interest on arrears is charged.
VSE/SME Tax reassessment of an SME: what is the deadline for responding in the event of a dispute? Following an audit of a company's accounts, the tax authorities may apply a tax reassessment procedure.
Professionals Omissions on invoices: beware of penalties In the event of an omission or error on an invoice, the professional incurs a flat-rate tax fine of 15 euros.
Professionals No more paper till receipts from August 1 Initially scheduled for January 1, then April 1, the end of automatic receipt printing will finally take effect on August 1.
SMES IA Booster France 2030: supporting the adoption of AI by SMEs and ETIs The IA Booster France 2030 program aims to support SMEs and ETIs in implementing AI solutions to enrich their offerings and modernize...
SMALL BUSINESSES Variation in commercial lease rents frozen at 3.5% year-on-year While inflation remains high, the 3.5% rent increase freeze for households and SMEs has been extended...
VSE/SME France Num, a program to support the digital transformation of businesses France Num is an online platform designed to support small and medium-sized French businesses in their digital transformation.
Professionals New rules for meat origin on takeaways from October 1 The country of origin of beef, pork, poultry and lamb will be compulsory for takeaway restaurants.
Professionals Essential aid for damaged businesses Following the damage and looting of several businesses, the government has announced a number of support measures.
Professionals Challenges and benefits for businesses with the end of the copper network The copper network, which provides telephone, Internet and TV services, is gradually being phased out and replaced by fiber optics.
Professionals Electronic invoicing: equip yourself to stay competitive Get ready now for electronic invoicing, which will be mandatory by 2024-2026, depending on the size of your company. Think about your IT equipment.
VSE/SME Declining access to credit for VSEs: SDI proposes 3 solutions to reverse the situation Households are not the only ones having difficulty financing their projects. The bank credit acceptance rate for very small businesses has been falling since last year.
Professionals Obligation to transmit transaction data: which companies are affected? From July 2024 to January 2026, all companies established in France will have to progressively adopt the receipt and issue of electronic invoices, as well as the obligation to...
SMES Payment terms for SMEs continue to fall The latest report from the Observatoire des délais de paiement shows that, in 2022, payment times have started to fall again, despite supply tensions and the return of...
Professionals From paper filing to expert mode: a new era for annual accounts With the aim of simplifying the filing of annual accounts on the one-stop shop, INPI has introduced an "expert mode" since April 27.
SMALL BUSINESSES Tax support service for SMEs extended to 36 new départements The General Directorate of Public Finances recently announced the extension of the tax support service for small and medium-sized businesses to 36 new départements.
VERY SMALL BUSINESSES Which companies are affected by the transmission of payment data? The future obligation for companies to receive and issue electronic invoices will be accompanied, from 2024, by the obligation to also transmit their payment data on all electronic...
Professionals One-stop shop ready to serve businesses from June 30 The long-awaited one-stop shop will be officially launched on June 30, following the government's announcement.
Banks Heavily indebted companies: higher capital requirements for banks Banks will have to redo their calculations when lending to highly indebted companies.
Professionals Canvassing: uninformed customers do not have to pay for services provided Consumers do not have to pay for services if they have not been informed of their right of withdrawal.
Professionals Unjustified retention of a partner in an SCP: damages are not tax-deductible Expenses incurred by a partner in an SCP to retain his shares in the partnership when he has ceased his professional activity cannot be deducted from his...
Professionals Requalifying a rental contract as a commercial lease: what is the limitation period? In a recent decision, the French Supreme Court (Cour de cassation) ruled on the starting point of the limitation period for an action to requalify a rental contract as a commercial...
VSE/SME Cash flow difficulties for very small businesses Against a backdrop of high inflation, the cash position of very small businesses continues to deteriorate. Nevertheless, managers remain optimistic.
Professionals Polygraphe, a tool to identify false online reviews Developed by the DGCCRF, Polygraphe aims to combat false reviews on online consumer platforms.
VSE/SME Corporation tax: next payment due on June 15 Companies subject to corporation tax (IS) have until June 15 to make their quarterly advance payments.
Professionals How will I receive invoices from my suppliers from July 1, 2024? Get ready for the change from July 1, 2024: all businesses, without exception, will have to receive electronic invoices from their suppliers in order to combat...
Professionals 2 procedures for securing electronic invoices A decree issued on May 16 specifies the procedures for securing invoices sent electronically.
Professionals A major reform for the craft industry: new Code to come into force in July On March 28, the French President signed the decree establishing the legislative part of the Code de l'Artisanat.
VSE/SME Mergers & Acquisitions: SME purchase prices on the decline Against a backdrop of inflation and rising interest rates, the price of SMEs in the eurozone has fallen sharply.
VSE/SME Customer-oriented accounting Accounting is constantly adapting to changing times. Not only does it have to modernize, but there's an emerging trend to take into account the needs of...
VSE/SME CSRD: a mandatory CSR approach for SMEs from 2024 onwards The European CSRD directive will soon oblige more companies to provide extra-financial sustainability reporting, progressively from January 1, 2024.
Professionals Exemption from payroll tax: clarifications from the Conseil d'État In a recent ruling, the French Conseil d'Etat (the highest administrative court in France) clarifies the conditions required for exemption from payroll tax.
VSE/SME VSE/SMEs remain concerned about repayment of their EMPs Despite the easing of repayment conditions for state-guaranteed loans, business leaders fear they may find themselves in financial difficulty.
Professionals When does the warranty against hidden defects apply? To benefit from the warranty against hidden defects, the buyer must inform the seller of the use he intends to make of the item purchased.
SMALL BUSINESSES Import/export: towards a single EORI SIREN number Companies carrying out import/export operations must have an EORI number. Since April 5, 2023, this unique Community number can be based on the SIREN.
VSE/SME Damage caused by an equipment rental company on a worksite: who is liable? The contractual liability of a construction company cannot be engaged when the damage is caused by the company to which it has rented equipment.
VSE/SME The "guichet d'aide au paiement des factures de gaz et d'électricité de mars et avril" is open until August 31. The "guichet d'aide au paiement des factures d'énergie" for the submission of applications for the months of March and April is now open.
VSE/SME Bank financing for SMEs slows down According to the banks, SMEs will use less and less bank financing in 2023.
VSE/SME Tax audit: when to contact the departmental contact? In the event of difficulty during and/or after a tax audit, the taxpayer can contact the auditor's line manager and the departmental contact.
Professionals Conditions of validity for subletting commercial premises When a commercial lease has been sublet without the lessor's consent, the lessor cannot sue the subtenant.
Professionals CFE and CVAE: 2 instalments due by June 15 at the latest Companies now have just a few weeks to pay their CFE and CVAE online.
Professionals What's new on the bodacc website? In 2022, the bodacc (Bulletin des annonces civiles et commerciales) surveyed users to find out what they thought of the website. The results were...
Professionals Building: ways to contain the rise in construction prices Construction prices remain high, mainly due to inflation in materials prices.
VSE/SME Electricity buffer and tariff shield: submission of eligibility certificate postponed Businesses eligible for the electricity buffer or the tariff shield have until June 30, 2023 to send their supplier a certificate of eligibility for one of these two...
VSE/SME Office design for greater productivity at work Business leaders have every interest in designing comfortable, functional workspaces to attract new recruits and retain staff.
Professionals Simplified rules for the liberal professions: a major reform for their attractiveness The reform of SELs (sociétés d'exercice libéral) aims to simplify the rules applicable to the liberal professions and make them more attractive.
Professionals The new Urssaf inspection procedure An April 12 decree modifies and improves the Urssaf inspection procedure. Here's what you need to know.
Professionals Door-to-door sales contracts: the burden of proof lies with the seller In the event of disagreement over the provision of contractual information in the context of an off-premises sale, the professional seller must prove that he has complied with his obligations...
VSE/SME Construction companies: how to stand out from the competition in 2023? Construction companies have a bright future ahead of them, but they need to know how to make the most of it and attract customers.
Company founders French Tech 2030: a program to get 100 strategic startups off the ground A new acceleration program called French Tech 2030 has been launched to make France the new technological champion of tomorrow.
VSE/SME Deployment of electronic invoicing: sign up for the pilot phase to test the system As part of the general roll-out of electronic invoicing, the French administration is launching a pilot phase and a call for applications to test the system between January and June...
SMALL BUSINESSES "Baisse les Watts" helps very small businesses reduce their energy bills for free Launched in November 2022, the "Baisse les Watts" program aims to support VSE/SMEs in controlling their energy consumption.
VSE/SME GDP growth forecasts revised upwards In its latest monthly survey, the Banque de France forecasts French GDP growth of 0.2% in Q1 2023.
Professionals Dark stores are warehouses according to the Conseil d'État In a recent decision, the French Conseil d'Etat has qualified dark stores as warehouses within the meaning of the town planning code and the Paris local town planning scheme.
VSE/SME Acts or deliberations of a shareholders' meeting contrary to the articles of association of an SAS may be annulled Extra-statutory deeds that do not comply with SAS bylaws may be annulled.
VSE/SME Temporary goodwill depreciation scheme The Finance Act 2022 introduced a temporary measure aimed at stimulating the economy after the Covid crisis, which allows tax deductions for the depreciation of goodwill...
VSE/SME What level of information should be given to companies during a tax audit of computerized accounting systems? The Conseil d'Etat has issued new clarifications concerning the level of information to be given to a company in the event of a tax audit of computerized accounting.
Professionals MLP regulations to change in 2024 From September 1, 2024, the rules governing changes of legal form for sociétés civiles professionnelles will change for the sake of greater clarity.
SMALL BUSINESSES Small businesses: streamlined accounting obligations Whatever their legal form, small businesses must comply with certain accounting rules.
VSE/SME Capital losses: a more flexible adjustment procedure The adjustment procedure applicable to companies whose shareholders' equity has fallen below half their share capital has recently been made more flexible.
Professionals How to find a business premises close to home? There are many advantages to finding a business premises close to home that is suited to your needs. Here are a few tips to help you do just that...
VSE/SME In the event of cessation of activity, the collective bargaining agreement does not apply According to the Conseil d'Etat, a collective bargaining agreement cannot be concluded in a context of economic difficulties for the company, or in other situations listed in the French Employment Code....
Professionals How to prepare for the 2023 financial year-end? Most companies close their accounts on December 31. From January through to the deadline for filing the 2023 tax return (May 18 for...
VSE/SME Schemes to help very small businesses pay their energy bills 2023 Since the war in Ukraine and the ensuing sharp rise in gas and electricity prices, very small businesses have been able to benefit from a number of...
Professionals Launch of a scheme to help businesses set up in rural communities The Direction Générale des Entreprises (DGE) and the Agence Nationale de la Cohésion des Territoires (ANCT) are launching a scheme to support the installation of shops in rural communities.
Professionals Specificities and taboos of B2B sales BtoB sales have a number of characteristics that distinguish them from BtoC sales. One of these is that the end-user of the product or service is not directly the customer...
VSE/SME Company car tax: what to expect in 2023? Company car tax (TVS) is now split in two. Its calculation is based on daily rather than quarterly use.
SMES The return of the tax credit for energy renovation work by SMEs The Finance Act for 2023 has reinstated the tax credit for energy renovation expenditure on buildings incurred by VSEs/SMEs in 2023-2024.
Professionals Unpaid invoices: what is the time limit for taking legal action against a consumer? The law is particularly protective of consumers in the event of an unpaid bill to a professional.
VSE/SME Cyber attack on a company: compensation conditional on filing a complaint With hacking and malicious acts on the increase in recent years, the cyber insurance framework is evolving.
VSE/SME How can I develop my company's CSR? Corporate Social Responsibility (CSR) is more than ever at the heart of the news. Those who neglect or ignore it have much to gain.
VSE/SME A joint and several business lease for micro-businesses An ordinance dated February 8, 2023 has just introduced a joint and several real business lease for micro-entrepreneurs.
VSE/SME How to account for expense claims An expense report is a document that covers all expenses incurred by a member of staff in the course of his or her work, using his or her own funds....
Professionals The time has come for companies to file their 2023 tax returns What do the various returns entail, and what are the deadlines beyond which companies risk penalties?
Professionals Electronic invoicing: the scope of e-reporting of transaction data E-reporting involves transmitting certain billing and payment data to the tax authorities.
VSE/SME Co-management of a SARL: the individual liability of a co-manager may be engaged The fact that a SARL is managed by several people does not mean that only one of the managers can be held individually liable.
Company founders Don't underestimate cash flow when starting up a business How much cash do you need to set up your business, and for what purposes? Although every structure and every business sector is different, the need for cash...
Professionals Purchasing pooling on the rise in the corporate sector Faced with rising prices, more and more companies are turning to pooled purchasing.
Professionals Electronic invoicing: the first steps to follow From July 1, 2024, all businesses will have to accept electronic invoices. Electronic invoices will be issued progressively between 2024 and 2026.
Professionals Is your company concerned by the obligation to issue electronic invoices? From July 1, 2024, certain companies will have to comply with a new obligation: issue electronic invoices for all their commercial transactions.
SMES Overseas SMEs have been facing difficulties for the past 2 years Overseas SMEs are suffering from their remoteness, and have seen their cash flow impacted by various crises since the end of 2020.
Company founders How long does it take to open a micro-business? Anyone wishing to set up their own business must first choose their status. The simplest, quickest and least costly way to set up a business...
VSE/SME How the war in Ukraine transformed the European energy market Since the start of the Russian-Ukrainian war a year ago, the European energy market has undergone major upheavals.
Professionals Why should an association apply for a SIRET number? Registration in the SIRENE register is not compulsory for associations. However, it is highly recommended.
Professionals Partial reopening of Infogreffe until June 30 for certain administrative procedures The Infogreffe portal has been partially reactivated following major malfunctions at the one-stop shop for company formalities.
Professionals Electronic invoicing mandatory from 2024 On January 1, 2020, companies became obliged to issue electronic invoices. It is set to become more widespread according to a precise timetable.
VSE/SME Business insolvencies at their highest since 2015 In one year, bankruptcies have risen by over 16% in the European Union.
Company founders Obligation for micro-entrepreneurs to open a bank account By law, all businesses must open a business bank account when they are set up, with the exception of micro-enterprises, which are exempt. However, micro-businesses have an interest in...
VSE/SME Successful cyberattacks on businesses on the decline in 2022 The CESIN 2023 Barometer shows a decline in the number of successful cyberattacks, which now affect fewer than one in two businesses.
Professionals Construction: production costs stabilize at a high level Despite some stabilization, production costs remain high in the construction industry, and are set to remain so in 2023.
VSE/SME Decline in the number of RGE-certified building firms At a time when the energy renovation market is taking off, the number of RGE-qualified companies and craftsmen is falling.
VSE/SME Practical guide to the 2022 research tax credit published The French Ministry of Higher Education and Research has just published a guide to the 2022 research tax credit on its website.
Company founders Business start-ups: the year 2022 in review While the number of business start-ups had already reached an all-time high in 2021, a new record was set in 2022.
Professionals Construction: buoyant activity for equipment manufacturers in 2022 The French construction equipment and materials sector has forecast an increase in activity in 2022, both in terms of value and volume.
VSE/SME Alternatives to the annual corporate budget Companies are trying to adapt to fast-changing markets by using alternative methods to the traditional annual budget.
Professionals VAT and the financing of public services: a reminder from the Cour des Comptes (French Audit Office) In a report, the Conseil des prélèvements obligatoires, part of the Cour des Comptes, reminds us of the objective of VAT yield.
SMALL BUSINESSES Electricity: MWh price capped at 280 euros in 2023 for very small businesses At a time when rising energy prices are having an impact on many businesses, the price of a megawatt-hour (MWh) has been capped at 280 euros this year for very small...
VSE/SME Unpaid invoices: beware of tax deductions for doubtful debts Tax deductions are possible in the case of doubtful debts, but beware: they may be challenged by the tax authorities.
VSE/SME Clarification from the French tax authorities on VAT liability for payments on account for the supply of goods Since January 1, VAT has been payable on advance payments for the supply of goods.
VSE/SME EMP repayment can be spread over 10 years Bruno Le Maire recently confirmed that companies that have taken out a state-guaranteed loan will be able to spread repayment over 10 years.
VSE/SME Setting up a profit-sharing scheme through a unilateral decision within the company The aim of profit-sharing is to involve employees in the success and smooth running of the company. It is optional and involves the payment of bonuses.
VSE/SME New tax measures for businesses in 2023 The Finance Act for 2023 includes new measures for businesses. Here's the lowdown.
VSE/SME Micro-entrepreneurs: how to obtain payment for unpaid invoices? Late payment, underpayment, refusal to pay... micro-entrepreneurs are not immune to unpaid invoices.
VSE/SME Business-to-business payment terms down since the end of the Covid crisis Business-to-business payment terms created a great deal of tension during the Covid-19 crisis. However, payment times now seem to have returned to normal.
VSE/SME Urssaf helps companies cope with rising energy prices Faced with the difficulties encountered by small and medium-sized businesses due to rising gas and electricity prices, Urssaf is offering assistance by granting...
VSE/SME RNE, the new platform for company registration since January 1 The National Business Register has become the single register for French companies. From now on, this organization will centralize all information concerning structures operating on the French market...
SMALL BUSINESSES CFEs replaced by the one-stop shop for business formalities As of January 1, 2023, all business start-up, modification and cessation formalities must be carried out online via the one-stop shop for business formalities (guichet unique des formalités...
Banks Penalties for anti-money laundering breaches to rise in 2022 The fight against money laundering and terrorist financing continues, with a sharp increase in sanctions in 2022.
Individuals Inflation also affects the consumer credit market The health crisis, the war in Ukraine and the ensuing rise in prices have had a significant impact on consumer credit.
VSE/SME Business formalities: one-stop-shop back-up procedure in the event of malfunctioning A decree dated December 28 sets out the terms and conditions of the emergency procedure applicable in the event of "serious operating difficulties" at the one-stop shop.
Individuals Mortgages: monthly usury rates from February 1 The French Ministry of the Economy has approved the monthly adjustment of the usury rate, which has until now been revised quarterly. This is a temporary measure to adapt to rising interest rates...
VSE/SME Plan to help VSEs and SMEs emerge from the crisis extended To help businesses cope with inflation, the government has decided to extend the business support plan introduced in June 2021.
VSE/SME PGE: less than 100 billion euros to be repaid by companies Of the 144 billion euros of PGE granted since the beginning of the health crisis, 98 billion euros remain to be repaid by companies.
SMALL BUSINESSES Threat of power cuts and gas shortages recedes In France, the threat of power cuts and gas shortages seems to be receding for the end of winter, according to RTE and GRTgaz.
Professionals New measures for self-employed work stoppages in 2023 The Social Security Financing Act for 2023 includes several derogatory measures concerning work stoppages for self-employed workers most affected by the crisis...
Professionals Self-employed: what daily benefits are available for sick leave? The daily allowance system for self-employed workers is subject to strict rules.
VSE/SME Eurozone: growth forecasts revised upwards Economists are beginning to revise their growth forecasts for the eurozone upwards, allaying fears of recession.
VSE/SME TVS replaced by tax on CO2 emissions and tax on emissions of atmospheric pollutants In 2023, the tax on company vehicles will be abolished and replaced by two new taxes to be paid in January.
VSE/SME Annual accounts: now filed via the one-stop shop As of January 1, companies required to file their annual financial statements must now do so via the "guichet électronique des formalités des entreprises".
VSE/SME Urssaf inspection: a 3-month limit for companies with fewer than 20 employees On January 1, the measure limiting the duration of Urssaf inspections to 3 months for companies with fewer than 20 employees was made permanent.
VSE/SME Insurance: virtually no ESG products for companies French insurers offer very few ESG (Environment, Social and Governance) products for companies.
SMALL BUSINESSES Generalized carbon accounting to measure the impact of goods and services Generalized carbon accounting would make it possible to know precisely the carbon footprint of each of the goods and services marketed by companies.
VSE/SME Banks optimistic about resilient VSE/SME activity Reassured by the resilience of their businesses, banks show a certain optimism despite the fears of VSEs and SMEs for 2023.
VSE/SME Business formalities: the one-stop shop causes concern Since the beginning of the year, all procedures and formalities for setting up, modifying or cancelling a business have been carried out via a one-stop shop.
Professionals Self-employed workers: lower social security contributions A decree published in December by the government reduces the sickness and maternity contributions of certain self-employed workers.
VSE/SME Purchasing managers, essential links in the midst of the supply crisis In a context marked by inflation, shortages and the energy crisis, buyers play a crucial role for companies.
VSE/SME The government wants to encourage VSEs and SMEs to share in the value created within the company. The various value-sharing schemes are struggling to win over very small businesses. The government intends to convince them.
VSE/SME What can we expect for small businesses in 2023? Faced with pressure on wages, rising energy costs and a shortage of manpower, very small businesses are likely to be penalized in 2023.
Banks Slight rise in bank charges in 2023 The rise in bank charges should remain moderate this year, according to the annual survey by the CLCV association.
Professionals Business power cuts: is the loss of perishable goods covered by insurers? In the event of a power cut, the loss of perishable foodstuffs suffered by businesses is not systematically covered by insurance.
Banks Denmark experiences its 1st year without a bank robbery With cash accounting for an increasingly small proportion of transactions in Denmark, bank robbers are turning away from banks.
VSE/SME European gas: wholesale prices 5 times lower than in August For several weeks now, European wholesale gas prices have been falling, thanks to high inventory levels and falling demand.
VSE/SME French inflation slows to 5.9% in December Inflation slowed slightly in France last month, coming in at 5.9% year-on-year, compared with 6.2% in November.
Professionals Businesses face higher penalties for late payment of invoices The ECB has raised its interest rates, which should lead to an increase in the penalties due by a company for late payment of its invoice.
Individuals The French want to keep the euro A majority of French people are attached to the euro, whereas 10 years ago almost a third preferred to return to the franc.
VSE/SME Corporate profit margins eroded by inflation Corporate profit margins are down slightly on 2021, when they reached 34% of value added.
Banks SG, the new bank born of the merger between Crédit du Nord and Société Générale Launched at the end of 2020, the project to merge the Société Générale and Crédit du Nord networks has now been legally formalized.
VSE/SME Business start-ups: the symbolic milestone of one million registrations will be passed in 2022 In 11 months, 980,000 businesses have been created in France. The million mark should be reached this year.
Banks Dollar: markets worried about a crash in 2023 While 2022 was an exceptional year for the dollar, the world's leading currency is set for trouble in 2023.
Banks European banks face a high cyber threat The digitization of banks, the outsourcing of services and data, and certain security flaws explain the level of cyber risk.
Individuals Insurance rates: contained rises in 2023, sharp increases in 2024 While the rise in insurance rates should be contained in 2023, industry players could revise their prices upwards in 2024.
Individuals Cash payments decline in favor of bankcards The Covid-19 pandemic has contributed to an accelerated decline in cash, as shown by a recent survey by the European Central Bank.
SMALL BUSINESSES From January 1, 2023, businesses, local authorities and associations will benefit from the electricity price buffer. In response to the explosion in energy prices, Bercy has announced the roll-out of the electricity buffer for consumers with business contracts.
VSE/SME Commodity prices set to soar again in 2023 After a slight dip at the end of 2020, commodity prices are set to soar again in 2023, according to analysts at Goldman Sachs.
Banks The World Bank lowers its growth forecasts for the Chinese economy The World Bank has lowered its growth forecasts for China in 2022 and 2023 due to "significant risks" associated with the...
VSE/SME Points to bear in mind for HR professionals in 2023 The role of human resources managers is constantly evolving to adapt to new trends. Let's take a look at what's in store for them in 2023.
VSE/SME Power cuts: insurers won't always compensate businesses The power cuts announced for this winter raise the question of compensation for businesses by their insurers.
Banks ING to close its last retail customer accounts Following its decision to withdraw from the French market, ING will soon be definitively closing the last accounts of its retail customers.
SMALL BUSINESSES SMEs help local authorities cut their electricity bills Like the French, local authorities have been hard hit by rising electricity prices.
VSE/SME Invoicing: electronic invoicing, a revolution Initially perceived as an additional constraint by companies, the reform of electronic invoicing may turn out to be a good opportunity to modernize your business...
VSE/SME Building and civil engineering: solutions for zero-emission worksites? The construction and public works sector emits large quantities of greenhouse gases, and solutions for achieving carbon neutrality are costly.
Professionals Excessive insurance fees: ACPR warns professionals The Autorité de contrôle prudentiel et de résolution has called on insurers to be more transparent about the fees they charge.
Individuals Associations report worsening household finances Inflation and the energy crisis are making households more vulnerable, and more and more of them are turning to food aid.
VSE/SME Social security contributions: option for quarterly payment possible until December 31 Companies wishing to opt for quarterly payment of their social security contributions must inform their Urssaf or MSA office before December 31.
VSE/SME Bank credit up again for businesses Outstanding loans to businesses rose by 8.6% year-on-year, a trend that was even more marked for large companies.
SMALL BUSINESSES Terms and conditions for the implementation of power cuts in businesses The government has unveiled the conditions for implementing the power cuts that businesses may have to contend with.
Professionals Associations: it is now compulsory to declare donations received Non-profit organizations are now required to declare donations received and tax receipts issued.
VSE/SME Building and civil engineering professionals: compulsory ten-year civil liability insurance is very important The Spinetta law requires all building professionals to take out ten-year civil liability insurance. What does it actually cover?
SMALL BUSINESSES VSEs and SMEs need to speed up e-invoicing rollout The new e-invoicing reform will be phased in between July 1, 2024 and January 1, 2026.
SMALL BUSINESSES Thermal renovation of housing: craftsmen want administrative simplification The red tape involved in obtaining the RGE label is holding back the deployment of thermal renovation work.
VSE/SME Filing a tax claim possible until December 31 It is possible for a company to contest a tax claim by submitting a request to the tax department. This is known as a contentious claim.
VSE/SME Gas shortages: Europe will have to cope in the coming years While the risk of a gas shortage seems to have been averted for this winter, the coming years look very uncertain for European countries.
VSE/SME Supply of goods : VAT payable on advance payments from 2023 On January 1, VAT liability for the supply of goods will change slightly.
SMALL BUSINESSES Business gifts 2022: what taxation applies? Business gifts are commonplace, especially in the run-up to the festive season. The tax treatment of these expenses is strictly regulated.
VSE/SME Apply to SIE for a 2022 CET rebate Subject to certain conditions, you may be eligible for a rebate on the territorial economic contribution for 2022.
VSE/SME Closing the books: how to avoid an anxiety-inducing period? For most companies, the festive season is also the end of their financial year. This is often a time of...
SMALL BUSINESSES Businesses concerned about the risk of power cuts With January shaping up to be a complex month in terms of electricity supply, businesses are trying to prepare for the risk of load shedding.
Banks Which banking professions have been boosted by the crisis? The energy crisis, the war in Ukraine and inflation are creating new needs among bank customers, and boosting certain business lines.
Banks PGE Résilience could be extended by a year The state-guaranteed Resilience loan, designed to help businesses impacted by the war in Ukraine, could be extended until December 31, 2023.
Banks ECB raises capital requirements for certain banks The European Central Bank notes that several lenders have failed to comply with its advice to reduce their exposure to leveraged loans.
Banks Anytime announces partnership with PRO BTP, leading construction insurer Anytime, a subsidiary of Orange Bank, and PRO BTP, a leading insurer in the building and civil engineering sector, announce their distribution partnership with a view to strengthening their offer dedicated to building and civil engineering craftsmen.
Banks Central bank communication in support of monetary policy In recent years, central banks' communications strategy has evolved considerably, particularly with regard to the general public.
Professionals Asian stock markets destabilized by protests in China After a weekend of demonstrations against the Chinese government's zero Covid policy, Asian stock markets are down.
VSE/SME How to prepare for the 2022 financial year-end? December 31 is generally chosen as the closing date for the financial year, as it corresponds to the end of the calendar year.
VSE/SME Recruiting difficulties: an obstacle to business competitiveness According to the latest Syntec Conseil barometer of French competitiveness, companies are very concerned about recruitment difficulties.
SMALL BUSINESSES Energy bills: a new one-stop shop for businesses Companies that do not benefit from the tariff shield can apply for state aid via a new one-stop shop.
Individuals Financial difficulties: the Banque de France answers 3414 The Banque de France's telephone information services have been centralized into a single national number, 3414.
Banks Pan-European payment project EPI focuses on instant payments In March, the EPI project abandoned the card component, and is now focusing on instant payments and digital wallets.
Individuals Eurozone inflation nearing peak? While inflation seems to have peaked in the United States, what's the situation in the eurozone countries?
VSE/SME Changes to the conditions for obtaining the flat-rate deduction for professional expenses Certain professions can claim a "specific flat-rate deduction for professional expenses" of up to 30% of their remuneration.
Banks Greenwashing: financial supervisors launch a call for evidence The European financial authorities (EBA, EIOPA and ESMA) have decided to launch a "call for evidence" dedicated to greenwashing until January 10, 2023.
Banks United Kingdom: mortgage rates exceed 6%. Government announcements have caused panic in the UK mortgage market.
Banks Cryptocurrency: banks profit from FTX bankruptcy Traditional banks, very cautious about crypto-currencies, see FTX's bankruptcy as yet another reason to be wary of them.
VSE/SME How to optimize cash flow with VAT credit? In principle, a company can deduct the VAT it has paid to its suppliers.
Individuals Results of a study on French banking behavior A study by the French Banking Federation has examined the banking behavior of the French and their perception of innovations.
VSE/SME 2022 cotisation foncière des entreprises to be paid by December 15 Companies and sole proprietors must pay their cotisation foncière des entreprises by December 15 at the latest.
Banks Explosive ATM robberies on the rise in Germany In Germany, banks are concerned about the sharp rise in the number of ATM explosions.
Company founders Fake business start-up training: Caisse des Dépôts tackles CPF fraud Since 2020, CPF fraud has claimed many victims. Caisse des Dépôts has launched a vast dereferencing operation.
Professionals A commercial lease can only be renewed with the tacit agreement of the tenant. The renewal of a commercial lease must be tacitly and unequivocally accepted by the tenant.
VSE/SME India, a reservoir of dynamic fintechs India is home to a large number of fast-growing fintechs, particularly in the instant payment sector.
Individuals Bitcoin scam: US financial watchdog files complaint According to the U.S. Securities and Exchange Commission, 4 people have embezzled nearly $300 million in Bitcoins.
VSE/SME The articles of association set the conditions for dismissal of an SAS director In a recent decision, the French Supreme Court (Cour de cassation) ruled that the terms and conditions for the dismissal of a SAS executive are set out in the company's bylaws.
Banks 60% of banknotes issued in France are held abroad A recent study by the Banque de France reveals that more than half of all banknotes issued in France circulate outside the country.
Individuals The dangers of split payments In the face of inflation, individuals are increasingly resorting to fractional payments, a practice that carries risks.
Banks ATMs: banks speed up rationalization of their ATM fleets BNP Paribas, Crédit Mutuel and Société Générale, which announced the pooling of their ATMs a year ago, are putting their plan into action.
SMALL BUSINESSES New acceleration in inflation threatens business activity Inflation is back on course, after slowing for 3 months. Estimated at 6.2% in October, it represents a threat to growth.
VSE/SME Employee savings: what are the advantages for managers? Company directors can benefit from attractive tax advantages when they use employee savings schemes.
VSE/SME What are the 4 new mandatory statements on invoices? A recent decree, which came into force on October 10, requires companies to include 4 new items of information on invoices.
Banks Climat Finance Day: financial players urged to be more transparent The 8th annual climate finance meeting took place on October 27 at the Palais Brongniart in Paris.
Banks French banks underline their climate protection efforts With Climate Finance Day just 48 hours away, the French Banking Federation is highlighting banks' commitment to the climate.
VSE/SME Financing: companies penalized by rising interest rates In its latest annual report, the French High Council for Financial Stability (HCSF) points to a tightening of financing conditions for businesses.
Professionals 300 financial institutions call on companies to reduce their carbon footprint CDP is calling on the 1,000 most polluting companies to adopt serious carbon reduction targets.
Professionals Real estate market tense up All players in the sector have observed a rise in mortgage rates since the beginning of the year, which is not without consequences.
SMALL BUSINESSES Companies faced with rising dollar and interest rates The rise in interest rates and the dollar have added to an already complex context for companies, with inflation and the energy crisis as the backdrop.
Banks Mastercard launches crypto-currency buying and selling service US giant Mastercard intends to make crypto-currencies an everyday means of payment.
SMALL BUSINESSES Clement weather and lower consumption: energy prices on the decline Lower consumption and mild temperatures across Europe are driving down gas and electricity prices.
Banks Banks concerned about digital euro project The central bank's digital currency project aims to make life easier for Europeans. However, banks are not hiding their concerns.
Banks Unions oppose the abolition of 1 and 2 cent coins Evoked for several years by the European Commission, the abolition of the 1 and 2 euro cent coins worries the CGT des Monnaies et Médailles.
Professionals General strike on Tuesday, October 18: what disruptions can be expected? On Tuesday October 18, a day of cross-industry mobilization will lead to disruptions in several sectors.
Banks Italian bank Intesa Sanpaolo launches 4-day week Italy's leading bank is now offering certain employees the option of a 4-day week, i.e. 36 hours a week, with no loss of pay.
Banks Bank charges: how will they change in 2022? In France, bank charges have remained stable overall this year, as shown by the latest report published on October 12 by the Observatoire des tarifs bancaires (OTB).
Banking BNP Paribas acquires fintech Kantox BNP Paribas has announced the acquisition of fintech Kantox, which offers companies an automated foreign exchange risk management solution.
VSE/SME Business insolvencies up sharply in Q3 The number of business failures rose significantly in the 3rd quarter of 2022, according to a recent study published by Altares.
VSE/SME Digital Service Act regulations: what are the implications for VSEs and SMEs? The Digital Service Act regulation will impose new requirements on e-commerce platforms, with repercussions for VSEs and SMEs.
Banks The usury rate weighs on consumer credit The usury rate is being criticized not only by mortgage professionals, but also by consumer credit specialists.
Professionals Fintech Bizao accelerates its expansion in Africa Founded in 2019, the French startup plans to pursue its development in Africa while continuing to design new products and services.
Banks Online fraud: UK banks want tech giants to reimburse victims Nearly €550 million had to be paid out by banks to fraud victims between 2020 and 2021.
Banks Towards an increase in home savings plan rates in 2023 The rate of return on home savings plans could rise in the coming months in the wake of high inflation in France over the past year.
Banks Three banks pool their ATMs and cheque processing BNP Paribas, Crédit Mutuel and Société Générale have announced the pooling of their ATM and check processing networks.
SMALL BUSINESSES Startups tackle energy-efficient building renovation In France, the building sector has a central role to play in achieving carbon neutrality by 2050.
Individuals French attitudes to cyber security A survey by the French Banking Federation reveals that the French are, on the whole, aware of cyber-risks.
SMALL BUSINESSES Are VSEs and SMEs prepared for climate risks? Although VSEs and SMEs are aware of climate risks, they are ill-prepared for them, as a recent study reveals.
Individuals Livret A: no rate increase on November 1 despite high inflation There will be no boost for Livret A holders. At least not yet.
Banks Banking: 3400 fewer jobs in 2021 despite dynamic hiring The banking sector has lost almost 3,400 jobs in 2021, or 1% of its workforce.
VSE/SME Companies facing difficulties in repaying their PGE Against a backdrop of rising energy prices and supply tensions, many companies are finding it difficult to repay their PGE.
Banks Finance Watch warns of banks' exposure to fossil fuels According to a study by the NGO Finance Watch, the world's 60 largest banking groups hold 1,350 billion in fossil fuel assets.
VSE/SME Production taxes: VSEs and SMEs stand to gain the most from the abolition of the CVAE The abolition of the CVAE (contribution sur la valeur ajoutée des entreprises), scheduled for 2023 and 2024, will mainly benefit VSEs and SMEs.
VSE/SME Businesses: PGE Resilience extended to the end of the year Set up to support companies economically affected by the war in Ukraine, the new state-guaranteed loan (PGE) has been extended until December 31, 2022.
VSE/SME Very small businesses say they are ready to raise wages Recruitment difficulties are among the main obstacles currently facing very small businesses, according to the Bpifrance Le Lab and Rexecode barometer.
Professional Electricity: RTE to return 1 billion euros to customers in 2023 At the beginning of 2023, the high-voltage line operator will redistribute more than 1 billion euros in surplus revenue to its customers.
Individuals Energy prices threaten household and business solvency Soaring energy prices are threatening the solvency of households and businesses alike, and increasing the risk of default.
VSE/SME NetZero, the startup that seduced the Tesla boss Elon Musk, the richest man on the planet, has been seduced by NetZero, a French start-up specializing in biochar production.
VSE/SME VAT group option available until October 31 at the latest The Finance Act for 2021 provides for the creation of a specific scheme known as "Groupe TVA" applicable from 2023.
Banks Wall Street banks consider leaving Mark Carney's climate alliance Leading US banks fear legal action and threaten to leave the Glasgow Financial Alliance for Net Zero.
Banks Turkey: MIR payment cards suspended by Isbank and Denizbank Following recent statements by the US Treasury, 2 of the 5 Turkish banks using Russian MIR bankcards have backed down.
Banks Depositing cash in a tobacconist's shop now possible Brink's has just launched a solution for depositing cash into your bank account at a tobacconist's counter.
Banks Cyber risk: central banks face an upsurge in cyber attacks Faced with an increase in ever more sophisticated cyber attacks, banks and fintechs have stepped up their cybersecurity.
Banks Banks commit to capping fees by 2023 Banks have pledged not to increase their charges by more than 2%, announced the French Ministry of the Economy on September 13.
Banks BPCE brings together Dalenys and Payplug to create a new payment player BPCE has announced the merger of its two payment subsidiaries, Dalenys and Payplug, to form a new entity under the Payplug brand.
VSE/SME NewSpace: French start-ups take on the space industry NewSpace start-ups from France are on the rise, taking advantage of the satellite boom to gain a foothold in the space industry.
Individuals Payment giants to better track gun sales A new merchant code will enable payment giants Visa, Mastercard and American Express to better track gun sales.
VSE/SME Repayment of state-guaranteed loans: VSEs in difficulty To cope with the economic shock caused by the Covid-19 crisis, the government set up an exceptional aid scheme in 2020: state-guaranteed loans...
Banks Energy: Deutsche Bank supports the green transformation of SMEs Germany's largest bank has affirmed its commitment to accelerating the green transformation of businesses by launching a loan program for investments in energy efficiency...
Banks Reclaim Finance launches website to compare banks' environmental impact The NGO Reclaim Finance has launched a website that lets you choose your bank according to environmental criteria.
SMALL BUSINESSES How are companies anticipating soaring energy prices? Office managers and company directors are looking for ways to limit the rise in their energy bills this winter.
Banks Starling Bank reviews its European expansion plans UK fintech Starling Bank has withdrawn its application for a European banking license, limiting its ability to expand outside the UK.
Banks Banks take steps to reduce energy consumption With the threat of electricity shortages looming over Europe this winter, banks are implementing a series of measures.
SMALL BUSINESSES B2B: fractional payments target the corporate market Fractional payment players, after focusing primarily on the consumer market, are now setting their sights on the corporate market.
SMALL BUSINESSES Gas and electricity: assistance for energy-hungry businesses extended and expanded The scheme to help companies that consume large amounts of gas and electricity has been extended, announced the French Minister of the Economy and Finance on Tuesday September 6.
Company founders Energy and environmental transition: Bpifrance bets on Greentechs Greentechs, startups offering innovative solutions that improve users' environmental impact, are on the rise in France and Europe.
VSE/SME Strong growth in the factoring market After a sharp downturn in 2020, the factoring sector recorded a record level of activity in 2021, and 2022 looks just as promising.
Individuals Banking crisis in Lebanon: savers reclaim their money Faced with the informal banking restrictions imposed in Lebanon, many customers are trying to assert their rights through the courts.
Banks Neobank Vybe placed in compulsory liquidation Vybe went into receivership on July 12. Its 40,000 customers will soon no longer have access to its services.
Banks Regulated savings: Caisse des Dépôts called to order by the Court of Auditors In its report on regulated savings, the French Audit Office (Cour des Comptes) warns Caisse des Dépôts of the risks weighing on the savings fund.
Banks Currency shortage: Crédit Agricole Val de France blames the Banque de France The Banque de France denies having been responsible for a "currency shortage", as indicated on a Crédit Agricole Val de France poster.
Individuals Participative financing: one more year to obtain new approval Participatory finance platforms will have one more year to obtain the new approval required by the European Commission.
Banks ECB: towards a probable 75 basis point rate hike The likelihood of an ECB rate hike of 75 basis points as early as September 8 is growing.
Banks Banks: back-to-school hot topics The back-to-school season promises to be a busy one for banks, who face a number of challenges in a turbulent environment.
Banks Ethereum: from cryptocurrency to decentralized global server Ethereum is now the world's second most widely used blockchain after Bitcoin. What are its strengths and limitations?
Individuals Bercy calls on banks to curb interest rate rises The French Ministry of the Economy and Finance has asked banks to curb the rise in mortgage interest rates.
Banks French banks hit by Italian political crisis Moody's has placed 14 major Italian banks, including two subsidiaries of French banks, on negative outlook.
Individuals What tax regime will apply to cryptocurrencies in 2023? The tax regime applying to cryptocurrencies varies according to the nature of the gains generated by these digital assets.
Banks Rising interest rates: the European Central Bank sounds the alarm Faced with rising interest rates, the European Central Bank has placed 31 eurozone banks on high alert.
Individuals Cryptocurrencies, a still underdeveloped payment method While merchants are legally entitled to be paid in cryptocurrencies, this payment method remains rare. Why is this?
Banks Neobanks: the promise of international payments 10 years ago, neobanks made free international payments one of their main arguments for attracting customers.
Individuals Real estate: the French take advantage of still favorable lending conditions The French are reacting to the tightening of borrowing conditions, and many are keen to take advantage of the still favorable environment.
Banks Banks' dependence on cloud giants worries the BIS In a recent report, the Bank for International Settlements warns of banking institutions' dependence on cloud giants.
Banks Consumer credit in full swing Since the beginning of the year, the French have turned to consumer credit on a massive scale.
VSE/SME Cessation of payments: when should it be declared? When a company is unable to pay its debts with its available assets, it is in a situation of cessation of payments or bankruptcy.
Individuals Stricter conditions for access to mortgages Lending rates have been on the rise for several months now, making it more difficult for low-income borrowers to obtain a mortgage.
Banks Societe Generale: loss of 1.5 billion euros in Q2 The bank was affected by an exceptional charge for the sale of its Russian subsidiary Rosbank.
Individuals Financial products: "influencers" in the sights of the AMF and ARPP The Autorité des marchés financiers (AMF) and the Autorité de la régulation professionnelle de la publicité (ARPP) have announced a collaboration to monitor the financial communications of influencers.
Banks PGE: the Cour des Comptes' mixed assessment The Cour des Comptes (French Audit Office) has issued a generally positive assessment of state-guaranteed loans, which have not been marketed since June 30.
VSE/SME Local businesses are hiring despite difficulties in finding workers Nearly 20% of local businesses hired at least one employee in the first half of 2022, according to the U2P employment barometer published by Les Echos.
VSE/SME Shortage of manpower: which sectors are most affected? Caregivers, pharmacists, carpenters, carers, blacksmiths... In France, more and more sectors are struggling to recruit.
VSE/SME Recruitment: 9 out of 10 VSEs/SMBs have difficulty finding the right candidate According to the Confédération des PME business survey, 9 out of 10 small businesses are having difficulty recruiting the right profiles.
Company founders Agricultural startups: launch of the 1st class of French Tech Agri20 The French Minister for the Digital Economy recently announced the launch of the 1st class of French Tech Agri20.
Banks US banks strengthen their presence in Paris Forced to transfer their teams to continental Europe since the Brexit, US banks are strengthening their presence in Paris.
VSE/SME Professional equality index: what are the new obligations for companies? The professional equality index has recently been strengthened to force companies to be more transparent.
Individuals Livret A: another rate increase expected in February 2023 Given rising inflation and higher interbank rates, the Livret A rate is set to rise again in 2023.
Banks Whatsapp use: $1 billion in fines for Wall Street banks Several banks will have to pay a total of $1 billion for failing to adequately control the use of certain communication channels.
Professionals Retailers closed during Covid-19 must pay rent In a decision handed down on June 30, the French Supreme Court (Cour de cassation) rejected the request of retailers wishing to circumvent their obligation to pay rent due to the...
Individuals The Livret d'Epargne Populaire to help boost purchasing power Still largely unknown, the Livret d'Epargne Populaire savings account is seen by the government as a tool to combat inflation.
Start-ups Startups fall for revenue-based financing To optimize their cash flow, companies have a new alternative to traditional bank credit: revenue-based financing.
Company founders Barcelona: an attractive city for French entrepreneurs An increasing number of French start-ups are choosing to set up in Barcelona, a city that benefits from strategic positioning and reserves of skilled labor.
Individuals Neobanks: dedicated offers for teenagers A number of neobanks have entered the teen segment, offering a payment card and a current account that can be managed via a mobile application.
Banks Credit risk, a source of concern for banks Faced with an uncertain economic climate and the threat of recession, banks will have to increase their provisions for the risk of non-payment.
Company founders BlackFin raises 350 million euros to invest in financial startups As the economic situation worsens, BlackFin has announced that it has raised 350 million euros for its new fund dedicated to finance and insurance startups.
VSE/SME Business insolvencies intensify in Q2 Since February, the upward trend in business insolvencies has accelerated. However, the level remains fairly low.
VSE/SME Companies confronted by the euro's fall against the dollar The euro has hit a 20-year low against the dollar. This fall represents an additional difficulty for companies.
VSE/SME French VSE/SME business resilient despite slowdown Despite an economic context weakened by inflation and the war in Ukraine, French VSE/SME business should hold up well in 2022.
Individuals Mortgages: borrowing conditions worsen Faced with rising interest rates and longer processing times, some households are seeing their borrowing conditions deteriorate.
Individuals Cryptocurrency: a risky investment for individuals The number of French people who have already bought cryptocurrencies has risen sharply in 2021. How can we explain this trend?
SMALL BUSINESSES Biotechs multiply clinical trials Biotechs - young companies with annual sales of less than $500 million - are developing more and more products.
SMALL BUSINESSES Automated carbon audits: a booming market More and more startups are entering the booming market for automated carbon audits for businesses.
Banks Australia: neobanks face competition from traditional banks One after another, Australia's neobanks are winding down their operations. The latest is the Volt neobank.
VSE/SME Shopify launches payment solution in partnership with PayPal Shopify has announced the launch of Shopify Payments in France, a payment solution already deployed in 18 countries.
Banks Fintechs need to develop new strategies Rising interest rates, economic uncertainty, inflation: fintechs are being forced to develop new strategies, just like banks.
Banks Non-reimbursement of bank fraud: UFC-Que Choisir files a complaint The UFC-Que Choisir association has filed a complaint against 12 banks, accusing them of failing to reimburse customers who have fallen victim to fraud.
Individuals Banking incident charges fall for vulnerable customers The average annual bank charges for the most vulnerable customers fell by 17% in 2021, according to the latest report from the Banking Inclusion Observatory.
Banks LBO loans pit the financial sector against the ECB LBO loans, or leveraged buyouts, have been under fire for months from the European Central Bank, which says they are too risky.
Banks Inflation: banks must resume wage talks With inflation rising rapidly, banks have no choice but to resume pay talks as soon as possible.
VSE/SME VSE/SME: more flexible profit-sharing agreements The draft law on purchasing power contains new measures designed to facilitate the implementation of profit-sharing agreements in SMEs.
Banks Customer data: banks try to catch up with Gafa Banks, long on the sidelines when it comes to customer data, are now beginning to exploit it to offer new services.
SMALL BUSINESSES Companies: the growing use of freelance consultants Freelancing is on the up: companies are increasingly turning to independent consultants in their search for flexibility.
Banks Financial authorities take aim at WhatsApp American and European financial authorities are keeping a close eye on the use of encrypted messaging in investment banking.
Banks United States: SEC makes greenwashing a priority The U.S. securities regulator wants to increase the transparency of asset management companies with regard to their ESG funds.
Banks Financial authorities denounce life insurance greenwashing The joint unit of the AMF and ACPR has denounced the practice of greenwashing in the life insurance sector, and would like to see it better regulated.
VSE/SME French companies gradually withdraw from Russia French companies are gradually winding down their operations in Russia, without deserting the country altogether.
SMES Digital transformation: French SMEs lag behind According to a recent study by BCG and Medef, many French SMEs have not really begun their digital transformation.
Company founders From unicorn to centaur: European startups consolidate their position European startups are becoming increasingly important. There are several indicators to measure these transformations.
Individuals Fake passbook and cryptocurrency scams explode Financial authorities are warning of an explosion in financial product scams, particularly via cryptocurrencies and fake passbooks.
Banks Climate: BoE forecasts bill of £209-334 billion The financial sector could see its annual profits cut by 10-15% by 2050, according to the Bank of England, following its first stress test on the...
Banks Credit: the usury rate poses a problem for local authorities Some local authorities have recently had their loan applications rejected because of the usury rate set by the Banque de France.
Banks Yen falls to lowest level against the dollar since 1998 The yen's sharp depreciation, in decline since March, is linked to a divergence in monetary policy between the Bank of Japan and the Fed.
VSE/SME State-supported Relance equity loans extended to 2023 A May 5 decree extends government-backed equity loans until December 31, 2023.
VSE/SME Shareholders' agreement: beware of the non-competition clause Whether or not a non-competition clause is included in a shareholders' agreement, it must meet certain conditions of validity. Here's how.
Banks Deutsche Bank repatriates IT experts from Russia Deutsche Bank has offered to relocate some of its IT experts working in Russia to its new technology center in Berlin.
VSE/SME Fluctuating exchange rates: how to protect yourself? Daily fluctuations on the currency markets expose companies to foreign exchange risk.
Banks Apple launches Apple Pay Later, a fractional payment solution The Cupertino-based firm has announced the launch of its fractional payment service, Apple Pay Later, enabling customers to pay for purchases in 4 instalments.
VSE/SME Sole proprietors: business assets separate from personal assets Since May 15, sole traders have been governed by a single status, and can no longer opt for the EIRL status.
SMALL BUSINESSES Health crisis: what impact on French productivity and competitiveness? The 3rd report from the CNP (National Productivity Council) raises the question of whether the French economy has lost or gained in efficiency as a result of the...
Individuals UFC-Que Choisir denounces banking incident fees A press release published on Tuesday June 7 by the consumer association UFC-Que Choisir denounces the high level of charges for banking incidents.
Banks Russia moves ever closer to default Unable to pay interest on its dollar-denominated debt due to US sanctions, Russia is close to default.
Banks Finance and energy transition: the ECB warns of the risk of greenwashing In its Financial Stability Report, the European Central Bank warns that the risk of greenwashing remains a major concern.
SMALL BUSINESSES Gas and electricity: assistance for high-consumption businesses As part of its economic and social resilience plan, the French government has announced the introduction of assistance for companies that consume large quantities of gas and electricity....
VSE/SME Fintech: investors are taking fewer risks Alerted by the uncertain economic climate, investors have been more cautious since the start of the year, and are turning away from fintechs.
VSE/SME 5 markers of the transformation of the corporate debt market The corporate debt market is in a state of upheaval, driven by inflation, rising interest rates and the withdrawal of the ECB.
Banks ECB looks forward to close collaboration with future AMLA anti-money laundering agency The European Central Bank intends to work closely with the future European anti-money laundering agency.
SMALL BUSINESSES Businesses: hiring remains at a high level Despite the war in Ukraine and growth coming to a virtual standstill, companies continue to hire on a massive scale.
Banks United Kingdom: colossal fraud involving government-backed loans State-guaranteed loans to British companies during the health crisis were the subject of massive fraud.
Individuals The rise of fractional payments for food shopping In some countries, fractional payment operators now offer the option of paying for groceries in several monthly instalments.
VSE/SME Corporate and household debt worries supervisors The Bank for International Settlements is concerned about corporate and household debt, seeing it as a threat to the financial system.
Banks Russian companies: payment defaults on the increase As a result of the financial sanctions imposed by Europe and its allies, Russian companies are increasingly defaulting on their payments.
Individuals Towards a Livret A interest rate of 2% this summer? The Banque de France is due to recalculate the Livret A interest rate on July 15. In view of inflation, this could rise to 2%.
Banks Société Générale finalizes the sale of its Russian subsidiary Société Générale Group has just finalized the sale of its Russian subsidiary Rosbank to Interros Capital, a Russian investment fund.
Individuals Mastercard aims to enhance the shopping experience with biometric payment Mastercard unveils its biometric payment program, enabling customers to pay by fingerprint or facial recognition.
Banks NGOs accuse banks of signing a blank check to TotalEnergies Several environmental NGOs are denouncing a general loan granted by 12 banks, including 3 French banks, to TotalEnergies.
Banks Bank transfer fraud: Crédit Agricole CIB partners with Trustpair Crédit Agricole's investment bank has partnered with fintech Trustpair to combat money transfer fraud.
Banks LCL enters the instant mini-credit market LCL has entered the instant mini-credit market with a loan offer from 200 to 2000 euros, repayable in 3 months.
Individuals When tobacconists become bank branches After opening Nickel accounts and Loomis ATMs, tobacconists are now offering a new Brink's service.
VSE/SME PayPal now offers loans to French VSEs and SMEs PayPal is launching a Revenue-Based Financing offer in France, i.e. loans based on the sales generated by very small businesses on its platform.
Individuals Life insurance and PER management fees to be clearer from June 1 From June 1, 2022, bankers and insurers will have to make it easier to compare pension savings plans (PER) and life insurance policies.
Banks The impact of the war in Ukraine on the ruble market Since the start of the war in Ukraine, the ruble market, now tightly controlled by the Russian government, has undergone a metamorphosis.
Banks Mortgage rates: how banks argue against rising rates After years of low rates, banks need to find new arguments to convince their customers to invest in property.
SMALL BUSINESSES VAT and e-commerce: what rules apply? VAT rules for e-commerce have changed since July 1, 2021. Here's what you need to know.
Banks Digital currencies: countries speed up transition to counter cryptocurrencies The majority of central banks have decided to press ahead with the launch of their digital currencies to counter cryptocurrencies.
SMALL BUSINESSES Corporate environmental data published on Impact.gouv.fr Impact.gouv is a platform designed to raise companies' awareness of their environmental, social and governance (ESG) performance.
Banks Financial institutions threatened by global water crisis Water-related problems pose a threat to financial institutions, which underestimate the risks to which they are exposed.
Banks In El Salvador, bitcoin convinces few users El Salvador was the first country in the world to adopt bitcoin as a legal tender. 9 months later, the crypto-currency is struggling to gain a foothold.
Banking Meta suffers a setback with its payment offering in Brazil Meta, the parent company of WhatsApp, Facebook and Instagram, sees the launch of its payment service in Brazil delayed.
VSE/SME Brexit: many trade flows interrupted between the UK and the EU A new study published by the London School of Economics shows that many British SMEs have given up exporting to the European Union.
Individuals Apple Pay in the sights of the European Commission The European Commission believes that Apple is blocking competition by restricting access to iPhone NFC technology for Apple Pay.
Banks Greenwashing: HSBC singled out by UK advertising regulator The UK's advertising regulator is about to call HSBC to order for greenwashing.
Banks Banks maneuver to save Gefco Faced with the risk of sanctions, Gefco's banks have pulled out all the stops to ensure the sale of the stake held by Russian Railways.
Banks Beijing fears US sanctions At an emergency meeting on April 22, Chinese regulators voiced their fears of sanctions similar to those imposed on Russia.
VSE/SME Raw materials: why prices will continue to rise In its latest annual report, the World Bank predicts that commodity prices will remain high until 2024.
VSE/SME Russian banker: European companies in trouble Manufacturers have taken out nearly $22 billion in credit with Russian lenders, according to Bloomberg.
Banks China's "zero Covid" policy sends the yuan plummeting China's zero Covid policy and the confinement of 44 Chinese cities are driving down the yuan, under the watchful eye of the People's Bank of China.
SMALL BUSINESSES A new presidential term in an uncertain economic climate As Emmanuel Macron prepares to begin his second term in office, France's economic situation appears highly uncertain. We take a closer look.
Banks Germany: Volkswagen Financial Services more profitable than banks In Germany, the profitability of banks has been overtaken by that of the carmakers' financial branches.
Banks Banque de France to strengthen security of bank cheques The Banque de France has decided to reinforce the security of bank cheques, considered to be the most fraudulent means of payment in 2020.
Banks Presidential election: French banks under pressure With 48 hours to go before the outcome of the presidential election, banks are worried about the economic consequences of a possible Marine Le Pen victory.
VSE/SME Revenue-based financing: loans based on company revenues The European payments giant is making its mark on the banking market with the launch of a dedicated financing service for small businesses.
Individuals Subcutaneous contactless payment chips: a growing trend The BBC looks into the subject of electronic payment chips implanted under the skin for contactless payment.
Banks Bank deposit guarantee: resources for the scheme on the rise The resources of the Deposit Guarantee and Resolution Fund, which protects savers' deposits, have increased considerably for 2021.
Banks Banque de France aims to speed up use of instant transfers The Banque de France has decided to promote the use of instant transfers, which are developing too slowly in France despite some progress.
Individuals NFT: transactions down in the first quarter After a very encouraging performance in 2021, trading volumes on the NFT market are slowing down.
Banks USA: bank deposits on the decline After years of rising bank deposits in the US, the trend is reversing, with a decline expected in 2022.
Banks Mortgages: the end of very low interest rates Interest rates on mortgages, which have long been at historically low levels, have been rising steadily since January. Analysis.
VSE/SME Cyber-attack: the filing of a complaint is a prerequisite for insurance cover A new bill proposes to make reimbursement of cyber incidents conditional on the victim lodging a complaint within 48 hours of payment.
VSE/SME 4-day week: a large-scale trial in the UK The UK is to carry out a large-scale trial of the 4-day week, involving 3,000 employees in 60 companies.
VSE/SME Get free company information Pappers, Societe.ninja, LegalTile... Several companies offer free access to commercial register information.
Banks Russia succeeds in recovering the rouble Several exceptional measures have enabled Russia to restore the ruble to its pre-war level.
Banks Europe takes new measures against Russian banks The 27 member states of the European Union have agreed a new round of sanctions against Russian banks.
SMALL BUSINESSES Cybersecurity: 7 ways to protect your business A security breach or the disclosure of confidential data can have serious consequences for a company's business.
Individuals Instant micro-credit players called to order In a press release, the French financial watchdog has called to order instant micro-credit startups attempting to take advantage of regulatory loopholes.
VSE/SME A rebound in business failures in the first quarter In the first quarter of 2022, the number of business failures rose again after 2 years at their lowest level.
Banks Societe Generale discontinues its banking and insurance activities in Russia Societe Generale announces the sale of its entire stake in Rosbank, as well as its insurance subsidiaries in Russia.
Banks Swoon parent company placed in receivership Bad news for savers planning to turn against Swoon's parent company: Financière de Garantie has been placed in receivership.
SMALL BUSINESSES 3 key points for improving customer relations Customer satisfaction indicators, often overlooked, are a goldmine that can be exploited to improve your service strategy.
Start-ups A practical guide to successfully selling your startup The Galion Project and Edmond de Rothschild bank have published a practical guide to help entrepreneurs successfully sell their start-up.
VSE/SME SME mergers & acquisitions slow down in 2022 The overall value of mergers & acquisitions fell in Q1 2022, as the war in Ukraine weighed on the market after a very dynamic year.
VSE/SME Global warming: the IPCC's solutions for limiting it The IPCC has just published the latest part of its report on solutions for containing climate disruption by sector of activity.
VSE/SME Portailpro: a website dedicated to tax and social security procedures for businesses On February 24, the French government announced the launch of the Portailpro.gouv.fr website, enabling companies to complete their tax and social security formalities.
VSE/SME Sole proprietorship: what the separation of assets changes The law of February 14, 2022 created a new, more protective status for sole traders. As of May 15, only business assets will be...
VSE/SME Payment times: SMEs better than large companies As the effects of Covid-19 gradually fade, payment times are falling, particularly among SMEs.
Individuals Banking: Russian nationals in France penalized Since the start of the war in Ukraine, international sanctions have become increasingly severe, penalizing many Russian nationals abroad.
Banks European Payments Initiative abandons its project for a European card payment system The European Payments Initiative (EPI), the project for a pan-European payment system, is taking a new direction, focusing solely on instant payments and digital wallets.
VSE/SME Ukraine war threatens rail Silk Road Russia's invasion of Ukraine could threaten the 11,000 kilometers of rail linking China to Europe. Read on.
Banks How banks operating in Russia cope with cyber risk Fearing a higher risk of cyber attacks, banks operating in Russia are trying to isolate their local subsidiaries from the parent company.
VSE/SME Employee brown-out: a new challenge for VSEs and SMEs From telecommuting to the sometimes forced return to the office, the health crisis has led some employees to experience a profound loss of meaning at work.
Banks BNP Paribas suspends its activities in Russia The BNP Paribas group announced on Monday evening that it was suspending "all new investments" and "all new projects" in Russia.
VSE/SME From Covid to Ukraine: what is the financial situation of French VSEs and SMEs? A study by the Conseil d'analyse économique details the financial situation of companies and households after two years of the pandemic.
Company founders Payments: ACPR warns of over-ambitious business plans by fintechs In a report, the ACPR warns of the over-optimistic business plans of fintechs specializing in payments and electronic money.
Company founders French deeptech: unprecedented number of start-ups and financing in 2021 Three years after the launch of the French Deeptech Plan, Bpifrance takes stock: more French deeptech companies are also raising more funds.
VSE/SME Pôle emploi: opening up to competition to reduce unemployment? A recent note from the Conseil d'analyse économique (French Council for Economic Analysis) raises the possibility of opening up Pôle emploi to competition from private service providers.
Individuals The right to a bank account simplified from June 13 Individuals who are refused a bank account will soon be able to take their case to the Banque de France more quickly to assert their right to a bank account.
Banks International banks slow to withdraw from the Russian market Most of the international banks present in Russia seem to have started a race against time to avoid having to leave the country.
Banking Joe Biden launches work on a digital dollar On March 9, the American president announced the launch of a project to create a digital dollar. Read on.
Banks European banks under-report climate risks According to the ECB's assessment, the major banks in the eurozone are not sufficiently disclosing data relating to climate risks.
VSE/SME Telecommuting: how Covid prompted companies to reorganize The health crisis has prompted companies to adopt telecommuting on a massive scale, and the new form of the scheme seems to be taking hold. Here's an overview of the subject.
Individuals Ukraine: France less exposed to soaring prices than its neighbors Less dependent on Russian gas than some of its neighbors, France also has limited trade relations with Russia. Here's how.
Banks European banks still relegate women to the background Although women are more present on boards of directors, they are still under-represented at the highest levels of European banks.
SMALL BUSINESSES Cybersecurity: the Cloud exposes companies to cyber risk The French National Agency for Information Systems Security warns businesses of the cyber risks of storing data in the cloud.
VSE/SME War in Ukraine: companies worried about their export insurance cover French companies with Russian partners are worried about their export insurance cover in the current climate.
Company founders Next40/FT120: who's behind the startups' fundraising? Cédric O recently unveiled the list of French startups selected for inclusion in the Next40 and French Tech 120 indices.
Professionals Fuel costs per kilometer: higher scales in 2021 The tax authorities have published the fuel expenses scale for the 2021 tax return, to be filed in spring 2022.
Company founders Funding for startups founded by women on the decline By 2021, funding for startups founded by women has worsened. Male teams are still preferred by investors. Read more.
VSE/SME Private equity giants compete with banks The big players in the private equity sector are differentiating themselves from banks by offering their customers additional services. We take a closer look.
Individuals Visa, Mastercard and American Express suspend operations in Russia War in Ukraine. American payment giants Visa, Mastercard and American Express have announced the suspension of their operations in Russia.
Banks Mathematics teaching at lycée: banks express alarm With the reform of the lycée system, the overall number of hours allocated to each subject has been redistributed, and mathematics is one of the big losers.
Individuals Cryptocurrencies to the rescue of the Ukrainian economy Ukraine has just passed a bill legalizing the use of cryptocurrencies, in the hope of bolstering the country's economy.
Professionals Law to promote self-employed professional activity published The bill in favor of independent professional activity, known as the "Independent Plan", was definitively adopted on February 8, 2022.
Banks Bankruptcy threatens European subsidiary of Russian bank Sberbank Since the introduction of economic sanctions, coupled with massive withdrawals, bankruptcy threatens Sberbank's European subsidiary.
Banks Fractional payments: Banque Postale changes tactics Less than a year after announcing its partnership with fintech Alma, Banque Postale changes strategy and turns to Pledg.
Banks Ukraine: the EU and its allies decide to exclude several Russian banks from Swift The European Union and its allies have decided to sanction Russia by excluding several of its banks from the Swift network.
VSE/SME Festival des entrepreneurs: 30 dates for the Big Tour 2022 For its 2022 edition, the Big Tour will make stops in over 30 towns representing every region of France.
VSE/SME 50% of VSE/SME managers plan to increase salaries in 2022 According to the latest Bpifrance Le Lab and Rexecode barometer, one out of every two VSE/SME managers plans to increase salaries in 2022.
Individuals Towards a sharp rise in property tax in 2022 Property tax rises are likely to be more frequent in 2022, particularly in towns with populations of over 100,000 or their intercommunal bodies.
VSE/SME Cyber attacks and ransomware: what is the role of insurers? According to the Haut Comité Juridique de la Place Financière de Paris, a ban on ransom payments is not desirable.
VSE/SME Clearance plans, fraud: Urssaf checks intensify Since January, Urssaf has stepped up its checks on companies, tracking down fraudsters and bad payers.
Banks Right to an account: a decree will simplify the procedure The right-to-account procedure, considered too complex and time-consuming, will be simplified by a decree expected in mid-March.
VSE/SME Short contracts: bonus-malus does not influence employers' practices The government's proposed alternatives to short-term contracts do not seem to be appealing to employers. We take a closer look.
VSE/SME Production taxes: France ranks among Europe's "worst performers According to a recent study by the Institut Montaigne, France ranks among the European countries with the highest production taxes. An overview of the subject.
Professionals Olympic Games: how do banks support athletes? From sponsorship to financial education, banks - and Groupe BPCE in particular - are doing their utmost to support top-level athletes.
Banks PGE, teleworking, raw materials... what are the challenges facing small businesses? Telecommuting, wage increases, CSR, rising raw material prices, EMP reimbursements: what are the challenges facing small and medium-sized businesses?
Banks Company directors: training tax credit doubled by 2022 Managers who wish to acquire new skills can benefit from a tax advantage in the form of a tax credit. Find out what you need to know.
Individuals Bpifrance launches a new investment fund for individuals Following the success of its first fund in 2020, Bpifrance is launching "Entreprises 2", a new fund dedicated to individual investors.
Banks Towards a cap on the research tax credit? Regularly at the heart of debates casting doubt on its effectiveness, the research tax credit has once again come under fire.
Banks Banks expand their payments business Banks, which have long neglected the payments market, are now seeking to move into the field alongside other players.
SMALL BUSINESSES Supply: companies hope for an improvement by the end of 2022 Companies are facing supply difficulties. Some 75% are hoping for an improvement by the end of 2022.
VSE/SME Maritime transport: rising costs and delays impact SMEs Since the start of the pandemic, maritime transport has been considerably disrupted, causing difficulties for many SMEs.
SMALL BUSINESSES Businesses: 5 security reflexes before executing a transfer Fraudulent bank transfers are a real threat to businesses of all sizes. How can you prevent them?
Banks Towards the inclusion of gas and nuclear power in the European taxonomy On February 2, the European Commission presented its draft delegated act concerning the European Union's green taxonomy.
Individuals Women's financial investments lower than men's According to a study commissioned by asset management company BNY Mellon Investment Management, women continue to invest less than men.
Individuals New measures to help sick people access housing Members of parliament, meeting in a joint committee, have agreed on two measures to help sick people access housing.
Individuals Bankcard fraud rate down in 2021 After three years of steady rise, the bankcard fraud rate fell in 2021. Read more.
VSE/SME French Tech: bosses' remuneration up 30% in 2021 Remuneration for startup founders in France has jumped by an average of 30% since 2019, according to a recent study by The Galion Project.
Individuals Life insurance and PER: soon an online tool to summarize fees From June 1, an online tool will summarize life insurance and retirement savings plan fees in a single, standardized table.
Banking Online banking: towards a new business model? Online banks are struggling to find a profitable business model, and are often seen as cumbersome by the big banking groups.
Banks Cyber attack: authorities urged to communicate better with the public The European Systemic Risk Board calls on financial authorities to communicate better with the public in the event of a cyber attack.
VSE/SME Quotes: why include a price revision clause? Faced with rising raw material, transport and energy costs, companies are forced to increase their prices in order to maintain their margins.
VSE/SME Companies in difficulty will be able to repay their PGE over 10 years Companies experiencing difficulties in repaying their PGEs will be able to request that their monthly payments be spread over a 10-year period.
Professionals Covid: exceptional financial assistance for the self-employed and self-entrepreneurs The government is once again reinforcing its arsenal of measures to support those hardest hit by the health crisis.
Banks Crédit Agricole expands its activities in Spain Crédit Agricole Consumer Finance (CACF) is stepping up its presence in the Spanish market by launching its Sofinco brand and investing in its local consumer finance entity.
Banks JP Morgan aims to expand in European payments JP Morgan has recently acquired a 49% stake in Greek payments company Viva Wallet, with a view to establishing itself in the European payments sector.
Banks United Kingdom: controversy over the amount of loan fraud in the UK In the UK, the recent resignation of the Secretary of State for Fraud has reignited the controversy surrounding government-backed loans.
Banks Banking: overdraft fees come in for heavy criticism Whether in the United States or France, bank overdraft fees are the subject of much criticism.
SMALL BUSINESSES Some companies pledge their stock as collateral for financing Still relatively undeveloped in France, the stock pledge market, which enables companies to pledge their stock as collateral, could take off.
Professionals Biotech and e-health: sectors boosted by the pandemic In the biotech and e-health sectors, boosted by the health crisis, startups received record funding in 2021.
SMALL BUSINESSES Electricity: 150 companies would have closed without government intervention Without the measures taken to limit the rise in electricity prices, 150 companies could have closed, according to the Ministry of Industry.
Individuals Savings: more than 1,200 fraudulent sites identified in 2021 The Autorité de contrôle prudentiel et de résolution has added a record number of fraudulent sites to its blacklist for 2021. Read more.
VSE/SME Exotec becomes France's 25th unicorn Now valued at $2 billion, the robotics startup becomes France's first industrial unicorn.
Individuals Bank charges: rising costs for withdrawals from another bank Withdrawing cash from a bank other than your own is becoming increasingly expensive. These charges will rise by 39% in 2022. See details.
Individuals Amazon to continue accepting Visa cards in the UK American e-commerce giant Amazon has reversed its decision to stop accepting Visa credit cards issued in the UK.
Professionals Ensuring that a bank or insurance intermediary is authorized Before taking out a loan, insurance contract or financial product, you need to check that the intermediary offering it is authorized to operate.
Banks Marketing of banking products: the Conseil d'État rules against the FBF The Conseil d'État recently rejected the FBF's petition, which had been engaged in a legal battle with the ACPR for 4 years.
Individuals Livret A rate to rise to 1% on February 1 From February 1, the Livret A rate will rise from 0.5% to 1%. The government has chosen to go beyond the expected increase. Find out more.
Banks Bank account closures: ACPR demands explanations Neobank N26 and online bank ING have closed a number of accounts. Is this legal? Here's how.
VSE/SME Increase in disputes linked to supply difficulties Faced with supply difficulties, companies are having to deal with an increase in disputes linked to shortages.
Professionals British fintech Checkout valued at $40 billion Online payment platform fintech Checkout.com is now valued at $40 billion following a recent fundraising round.
Professionals Companies: Omicron-related absenteeism remains limited Despite a surge in Omicron-related Covid-19 cases, employers' associations report that absenteeism in companies remains limited.
Banks Citigroup bank to lay off unvaccinated employees The American bank has informed its employees that they will be dismissed if they do not vaccinate within the next few days.
Banks Savings: ING closes certain French customer accounts Dutch online bank ING has closed several hundred thousand inactive accounts.
VSE/SME Businesses: Banque de France adopts new rating scale The Banque de France has adopted a new rating scale for assessing the financial health of companies. What does this mean?
Banks Banks: collective pay rises expected in 2022 After two years marked by the Covid-19 crisis, wage increases are expected in several sectors, including banking.
Individuals Livret A: why households continue to prefer risk-free savings Even before the start of the health crisis, the French preferred risk-free savings. This trend is set to continue in 2022.
Individuals What you need to know to change bank Switching banks is made easier by the bank mobility service, but certain precautions still need to be taken.
Individuals Financial literacy: where do the French stand? A recent study by the Banque de France shows that one in four French people consider their financial knowledge to be insufficient.
Professionals Personal data: Fintech Slimpay sanctioned by the CNIL Fast-growing fintech Slimpay has been sanctioned for exposing the banking data of 12 million customers over a 4-year period.
Professionals What is the status of the business owner's spouse or partner? Spouses who regularly participate in the company's activities are required to choose one of the following statuses: collaborator, associate or employee.
Individuals Cryptocurrency scams jump 81% in 2021 Cryptocurrencies are winning over more and more investors, and attracting ever more scammers for increasing amounts stolen. Here are some answers.
Banks Covid and surplus savings: the 5 favorite investments of the French The French have accumulated considerable surplus savings since the start of the health crisis. Which investments have been their favorites?
Professionals Internationalization, the next challenge for French fintech? Despite record fund-raising in 2021, French startups are still struggling to establish their model internationally.
Professionals The EU wants to step up the fight against shell companies The European Commission has proposed a directive to tighten regulations on shell companies in the fight against tax evasion.
Banks US banks: 36 hours to report a cyber incident Telecommuting, which was stepped up during the pandemic, left banks highly exposed to cyber risk.
Banks United Kingdom: Santander distributes 150 million euros by mistake Santander's UK subsidiary mistakenly distributed £130 million on Christmas Day, a sum it intends to recover.
Banks JP Morgan: $200 million fine for WhatsApp messages New York bank JP Morgan is to be fined $200 million for unsecured business communications via WhatsApp and SMS.
Banks ING withdraws from the French online banking market Dutch banking group ING announced on Tuesday December 21 its decision to leave the French online banking market.
Banks Pan-European payment service: caution on the part of Spanish banks The new pan-European payment service currently being financed is encountering reservations on the part of Spanish banks.
Banks Home loan rates: a respite before a rise in 2022? While mortgage rates appear to have stabilized in December, brokers fear significant increases in 2022. We take a closer look.
Banks European banks face up to the Turkish lira crisis The Turkish lira crisis is exposing the major European banks operating in Turkey to varying degrees of risk. We take a closer look.
Company founders Business start-ups reach a new record in 2021 In 2021, the number of business start-ups increased significantly, surpassing the record level reached in 2020.
VSE/SME The main thrusts of the support plan for the self-employed The self-employed, weakened by the health crisis, will benefit from the support measures recently announced by the government.
SMALL BUSINESSES Many SMEs are experimenting with the 4-day week More and more companies, including a majority of SMEs, have been experimenting with the 4-day working week for some weeks or months now.
Banks Cheque pricing: the Paris Court of Appeal rules in favor of the banks For several years now, the French Competition Authority and a dozen banks have been locked in a legal tug-of-war over the EIC affair.
Individuals French households are saving less and less Since the start of the health crisis, the French have accumulated a considerable savings surplus, but the trend is slowing. Here's how.
Individuals CNIL: 5 resolutions to strengthen personal data protection Gathered within the Global Privacy Assembly, 81 authorities have agreed on five resolutions to strengthen data protection.
VSE/SME Penalties for non-compliance with payment deadlines? Companies that use the services of service providers must pay their invoices on time. Failure to do so may result in penalties.
SMALL BUSINESSES SMIC to rise by 0.9% on January 1, 2022 As of January 1, 2022, the SMIC (minimum wage) will automatically increase by 0.9%, or 14 euros gross per month, with no government boost.
Banks Bank charges: increases expected to remain below inflation in 2022 After a relatively stable 2021, bank charges are set to rise in 2022, albeit in moderate proportions.
Banks Crédit Suisse tightens controls on employee communications Crédit Suisse now requires access to business communications made from employees' personal devices.
Banks Deposit guarantee: German banks to set a ceiling Germany's private banks have decided to put an end to unlimited deposit guarantees from 2023.
Banks Livret A rate: a costly increase is likely for banks Due to rising inflation, the Livret A rate is likely to be increased. A decision that would cost banks dearly.
Professionals Associations required to sign a republican commitment contract In order to apply for subsidies or accreditation, associations will be required to sign a republican commitment contract.
Banks Bad debts: ECB asks banks to improve provisions The European Central Bank has asked banks in the eurozone to better cover certain bad debts in order to avoid sanctions.
Individuals Consumer credit: fractional payments on the rise Although not subject to consumer credit rules, fractional payments are booming in France.
VSE/SME Help with rents and rental charges, a new scheme for businesses The "rents and rental charges" aid is a new support scheme for companies affected by the health crisis. Find out more.
VSE/SME How to obtain a SIRET number Getting ready to set up your own business? Find out how to obtain a SIRET number.
VSE/SME France Relance Plan: what has been achieved for VSEs and SMEs? The France Relance plan aims to highlight the role played by VSEs and SMEs in French society and the economy.
Individuals Cheque fraud on the rise over the festive season During the festive season, cheque fraud is on the increase. The Banque de France reminds us of the best practices to avoid them.
Banks Environment: unsustainable investments by central banks Despite the rules they impose on private players, central banks continue to invest in polluting projects.
Individuals Savings: what are the most profitable investments? Despite rising inflation, some investments can still make a good profit, provided you accept a higher level of risk.
Banks The hegemony of Visa and Mastercard increasingly under threat The global dominance of American payment giants Visa and Mastercard is increasingly under attack.
VSE/SME Business: conditions for property tax relief Since March 2020, the government has been introducing exceptional measures to combat the spread of Covid-19 and its collateral effects.
Professionals Payment terminals: secure technologies? The PAX Global affair highlights the security issues associated with the various technologies on which payment terminals are based.
Professionals Internal carbon pricing: companies take the lead Aware of the risks associated with climate change, several companies have decided to apply a carbon price to themselves.
Banks Societe Generale wants to make greater use of artificial intelligence The bank, which began its digital transformation in 2017, wants to develop artificial intelligence in the service of data analysis.
Banks IBAN discrimination: authorities to impose sanctions The French authorities have decided to impose sanctions on players who discriminate against IBANs.
Individuals Livret A: rate could be raised in 2022 The interest rate on Livret A passbook savings accounts, currently set at 0.5%, could be raised from February 1, 2022. Here's how it works.
Banks BNP Paribas moves up the list of systemic banks Every year, the Financial Stability Board publishes its list of systemic banks. BNP Paribas moves up a notch in the ranking.
VSE/SME The budget landing: how to anticipate the 2021 accounting close? Anticipating the 2021 financial year will help you prepare for the year ahead, which promises to be a crucial one for many companies.
Banks What are the alternatives to cash dispensers? As more and more bank branches and cash dispensers close, alternatives are being developed.
Banks ECB warns of soaring property prices In its review of financial stability, the European Central Bank warned of the sharp rise in property prices.
Individuals USA: moviegoers can buy tickets in cryptocurrencies The AMC group, which runs the largest network of movie theaters in the United States, now allows moviegoers to buy tickets in cryptocurrencies.
Individuals Covid-19: what impact on the life insurance market? Life insurance broke all records in 2021, achieving total inflows of almost 100 billion euros in the first eight months of the year.
Banks The delicate rebirth of Crédit Commercial de France 21 years after being acquired by HSBC, CCF is to be reborn under the impetus of its new owner, My Money Group.
Banks Competition drives progress in the financial sector Banks and other financial players often benefit from competition, which leads to interesting initiatives.
Banks Health crisis boosts bank balance sheets Bank balance sheets have risen sharply since the start of the health crisis, reaching levels not seen since 2008.
Banks Coinhouse aims to become Europe's leading cryptobank The fintech Coinhouse, a cryptocurrency investment and exchange platform, aspires to become Europe's leading cryptobank.
Individuals AMF warns against unauthorized trading sites In a press release, the Autorité des marchés financiers (French financial markets authority) urges investors to carry out several checks before investing with a broker.
Banks M&A: a boom in France The year 2021 saw the M&A market take off in France and around the world, driven by a desire to refocus activities.
SMALL BUSINESSES What is the procedure for transferring a patent? The owner of a patent can transfer it, lease it or contribute it to a company by completing the necessary formalities. Find out how.
Banks Carbon credit regulation at the heart of COP26 Carbon credits, criticized by some environmentalists, also represent a promising market, attracting many companies.
Banks Cash: resisting the odds Despite the decline in cash transactions, the amount of euro banknotes in circulation has risen sharply in recent years.
Banks Groupe BPCE benefits from economic recovery Groupe BPCE recently published its results for the 3rd quarter of 2021. All indicators are up, but caution is still called for.
Individuals Are you the beneficiary of a life insurance policy? The subscriber of a life insurance policy can choose one or more beneficiaries who will receive the accumulated capital on the death of the insured.
Banks Carbon neutrality: considerable commitments from the financial sector 450 financial players, signatories of the Glasgow Financial Alliance for Net Zero, have pledged to achieve carbon neutrality by 2050.
Individuals Property tax jumps 27.9% in 10 years In 2020, property tax rose once again, an increase that has been uninterrupted for 10 years and now stands at 27.9%.
Banks Neobank Nubank targets $50 billion valuation Brazilian neobank Nubank is set to go public on the New York Stock Exchange next month.
Individuals How can I find information about an association's accounts? Would you like to work for or join an association? Find out how to obtain information to ensure its reliability.
Professionals Falling number of corporate failures hurts restructuring sector Restructuring professionals, specialists in helping companies in difficulty, are confronted with a fall in the number of insolvencies.
Banks Excessive bank charges on inheritance fees According to a study by UFC-Que Choisir, inheritance fees charged by French banks are excessive and opaque.
Banks Cybersecurity: the Financial Stability Board wants common practices To improve the fight against cyber risk, the G20 Financial Stability Board wants to harmonize the practices of different countries.
Banks Car leasing: banks diversify Recognizing that car leasing is a profitable, low-capital-intensive operation, banks are expanding their services.
Professional Fractional payments: Stripe and Klarna sign a strategic partnership The fintechs Stripe and Klarna have signed a strategic partnership to take a bigger share of the fractional payment market.
Individuals Nearly 50% of French people will be overdrawn by 2021 A study by Panorabanques reveals that almost one French person in two overdraws at least once a year, for an average amount of 232 euros.
Banks Bank charges: little noticeable change in 2021 Bank charges have remained stable in 2021, as shown by a report from the Observatoire des tarifs bancaires. Here's a detailed review.
Individuals Air Next: fraud detected by the Autorité des marchés financiers The scam set up by the Air Next company was detected by the Autorité des marchés financiers, alerted by a gross typing error. Find out more.
Banks Banks: Covid has accelerated digital transformation Over the past 18 months, the Covid-19 pandemic has changed customer habits, forcing banks to speed up their digital transformation.
Individuals Mission report warns against fractional payments In a report submitted to the government on October 19, French MP Philippe Chassaing calls for better supervision of fractional payments.
Professionals Tech sector lacks candidates There aren't enough professionals in the Tech professions, which are highly sought-after by companies undergoing digital transformation. Find out more.
VSE/SME What is the purpose of an EORI number for a company? Some companies need an EORI number to complete customs formalities within the EU. Here's how.
Banks Payments sector revenues set to continue growing The Covid-19 pandemic has not led to any lasting decline in payment sector revenues. A sharp rise is expected between 2021 and 2030. Analysis of...
Company founders CIA fund invests in French startup Prophesee French deeptechs, which are struggling to find French investors, are attracting foreign investors, like the CIA fund.
VSE/SME PGE: 0.6% of beneficiaries have defaulted Only 3,944 of the 650,836 companies with an EMP are currently the subject of legal proceedings for non-payment. Insights.
Banks Ecological transition: an opportunity for French banks Several French banks have recently made new commitments to the ecological transition, which is brimming with opportunities. Here's a detailed review.
VSE/SME Low-value receivables: what to do in the event of non-payment? Given the cost of legal proceedings, companies are generally reluctant to collect small claims. However, there are some solutions you should be aware of.
VSE/SME Managing business assets: what's new in the Pacte Dutreil? More than a thousand amendments have been tabled to the 2022 Finance Bill, some of which concern transfer duties and in particular the Dutreil Pact....
Banks Banque de France urges banks to collaborate with fintechs Financial regulators and the government have insisted on the need for banks to collaborate with fintechs. Read on.
Individuals Identity theft: how to get out of this fraud? Identity theft is a vicious circle from which it is difficult to escape. The number of people who fall victim to it is rising at an alarming rate. How can you get out of it?
Individuals Taxation of crypto-assets: changes to be expected in 2022 Several MPs have tabled amendments to the Finance Bill concerning the taxation of cryptoassets. They will be debated this week.
VSE/SME Professionals: what is the intra-Community VAT number for? Companies and professionals who do business with other European players need to obtain an intra-Community VAT number. What does it actually do?
Banks US banks renegotiate Apple Pay conditions Several major US banking groups have called for a limit on the commissions paid to Apple for using its Apple Pay payment app.
Banks Life insurance: the Senate denounces excessive fees In a report dedicated to protecting savers: paying less and earning more, senators denounce the excessive fees charged on life insurance policies.
Individuals Consumer credit: features and procedures Need a consumer credit? Find out about the main features and procedures for this type of financing. Everything you need to know.
Banking India, a promising market for the financial services of the Tech giants Tech giants have invested huge sums in India, a promising market that is acting as a laboratory for GAFAs and their financial services.
Individuals Payment methods: CNIL warns on data protection The French Data Protection Authority (CNIL) has published a white paper on payment methods and data protection, warning of the challenges posed by the digitization of transactions.
VSE/SME The new timetable for the widespread use of electronic invoicing Invoicing: the Order of September 15 introduces a new timetable for the widespread use of electronic invoicing. We take a closer look at this postponement.
Banks Automated teller machines: how is the French fleet managed? In the midst of their drive to manage and rationalize their ATM networks, banks are forcing specialist players to adapt.
Banks Three banks consider pooling their ATMs The three banks Société Générale, BNP Paribas and Crédit Mutuel are considering pooling their ATMs.
Banks New rules for surety bonds Thanks to an ordinance dated September 15, 2021, surety bonds will be simplified and made more secure. The new rules will come into force in 2022. Zoom.
Banks Open banking: fintechs react to FBF attacks The comments against open banking made by the President of the French Banking Federation (FBF) have prompted a reaction from fintechs. We explain.
VSE/SME Guaranteed loans: some companies may find it difficult to repay Despite the improvement in their financial situation, a number of companies may find it difficult to repay their EMPs. Here's how.
Individuals Everything you need to know about limiting bank charges In the event of a bank overdraft or rejected cheque, bank charges may not exceed certain ceilings. Find out what you need to know.
Individuals At-home employment: real-time tax credit to come into effect in 2022 Until now, the tax credit for employing an employee in the home has been paid with a one-year time lag, but it will soon be paid in real time. Instructions for use.
Individuals Bercy wants to reduce retirement savings plan fees Retirement savings plans have been a great success, but Bercy regrets a lack of transparency and excessively high fees. Here are some explanations.
Bank watch Société Générale fined for excessive charges Société Générale and Caisse d'Epargne de Loire-Centre have been fined by the DGCCRF for excessive charges.
Banking watch Bankruptcy of the Swoon neobank: savers wait for their money The Swoon neobank went bankrupt this summer, leaving savers unable to access their money.
Bank Watch Retail banking: more women in management Over the last three years, a number of women have joined the management teams of the retail banking divisions of major groups.
Banking News Solidarity fund and social contributions: what rules for September? A decree dated September 14, 2021 has modified the conditions allowing companies most impacted by the crisis to benefit from the solidarity fund.
Bank Watch Cash flow: companies back to pre-crisis levels VSEs and SMEs are gradually emerging from the crisis, as revealed by a study by Bpifrance Le Lab and Rexecode, but remain cautious.
Bank Watch Purchasing power: a third of French people overdraw at least once a year The average overdraft on French bank accounts rose to 316 euros per person in 2021.
Bank Watch Between flex office and teleworking, the new bank organization In the banking sector, it's no longer the case that employees work 100% from home. A new organization is emerging, combining face-to-face and remote working.
Banking Watch Pandemic: the French make greater use of their banking applications The Covid-19 pandemic has accelerated the digitalization of banking services, and transformed customers' relationship with their bank.
Bank watch Mortgages: strict conditions for granting loans The new conditions for granting mortgages, which until now have only been recommendations, are about to become mandatory.
Banking Watch The French are increasingly confident in the banking system French confidence in banks continues to grow, as does knowledge of the guarantees that apply to their money.
Bank Watch Mortgage rates at record low According to the Observatoire Crédit Logement / CSA, mortgage rates have reached their lowest level ever.
Bank Watch Banks restricted in the use of their customers' personal data Banks are more restricted than the tech giants when it comes to using their customers' personal data.
Banking watch Businesses: electronic invoicing mandatory from 2023 In accordance with the 2020 Finance Act, companies will be obliged to use electronic invoicing for payments from 2023.
Bank Watch New extension of apprenticeship subsidies On September 6, the French Prime Minister announced the extension of apprenticeship subsidies until June 30, 2022. Find out what you need to know.
Banking watch Unemployment insurance contribution rate: a bonus-malus simulator for companies The French Ministry of Labor provides companies with a simulator enabling them to calculate their unemployment insurance contribution rate.
Bank Watch Bank solutions to tackle illiteracy Digital access to all banking services is often essential. Yet millions of French people are excluded.
Bank Watch Cybersecurity: a warning system for small businesses At a time when cyber-attacks are exploding, the government wants to give small businesses the means to cope.
Bank Watch Purchasing power: renewal of the Macron bonus The amended Finance Act for 2021 once again extends the exceptional purchasing power bonus, also known as the Macron bonus.
Banking watch European banks very active in tax havens European banks have maintained their presence in tax havens in recent years, according to a study by the European Tax Observatory.
Bank Watch The importance of the Data Protection Officer in SMEs According to a recent study, the majority of European SMEs have appointed a data protection officer.
Bank Watch Patent filings: European banks lag behind While US banks are breaking records for patent filings, European banks are lagging behind.
Banking watch Covid-19: cryptocurrency-related criminal activity down in 2020 A recent study by Chainalysis reveals that transactions linked to illicit activities on the Blockchain have decreased in 2020.
Bank Watch Western Union and MoneyGram money transfers resume in Afghanistan On September 2, Western Union and MoneyGram resumed their money transfer services to Afghanistan.
Banking intelligence French Tech Green20: France promotes the emergence of Greentechs Some twenty French startups have joined the new French Tech Green20 program launched by the government.
Bank Watch European Central Bank launches digital euro project The ECB steps up a gear, announcing the launch of its digital euro project.
Banking watch Amicable procedure: the ad hoc mandate as a way out of a health crisis A recent study shows that managers are ready to resort to insolvency proceedings, but few are familiar with the adapted ad hoc crisis exit mandate.
Bank Watch Business expense management: Spendesk raises 100 million euros French fintech Spendesk, which specializes in business expense management, has just announced a €100 million round of financing.
Banking watch A company's financial health: how to obtain information? When doing business with a new customer or supplier, it's important to find out about the financial health of the target company.
Banking watch Subsidies: how much do associations receive? Subsidies may be paid to associations by the State, a local authority or a public institution. How can you find out how much they cost? Here are the answers.
Bank Watch Solidarity fund ends on September 30 The "whatever it takes" plan to save French businesses and the French economy is well and truly over. The solidarity fund will come to an end on September 30.
Bank Watch Back to school: banks in the starting-blocks Back-to-school season is just around the corner, and banks don't want to miss out on the opportunity to return to "business as usual" lending volumes.
Banking Watch In the UK, buying and selling cryptocurrencies possible via PayPal Starting this week, UK PayPal users will gradually be able to buy and sell cryptocurrencies.
Bank Watch Facebook launches business loan program in India Mark Zuckerberg's company has launched a test phase of its business loan program in India, home to 333 million Internet users.
Banking News Digital payment: rising earnings for European players Since the beginning of the health crisis, Europe's major digital payment players have benefited from the accelerated development of the sector.
Banking watch The financial sector seeks to mobilize women's savings While 40% of the world's wealth is held by women, the financial sector is still struggling to mobilize their savings.
Bank Watch Booming second-hand market benefits banks' automotive subsidiaries Since the start of the pandemic, the used car market has been booming. A boon for banks' automotive subsidiaries.
Bank watch Mortgages: summer 2021 favorable despite longer lending times This summer, conditions are rather favorable for buying a property, thanks to low interest rates. However, lending times are getting longer.
Bank Watch Aviva: a £4 billion payout to shareholders British insurer Aviva has announced a £4 billion payout to its shareholders, not without some pressure from Cevian.
Bank Watch Insurance and natural disasters: rising prices in Europe Natural disasters in 2021, particularly the floods in July, will drive up insurance prices in Europe.
Bank Watch Ethereum: a major update for the second-largest cryptocurrency On August 5, the 2nd cryptocurrency after Bitcoin underwent a major update, Hard Fork London. What changes have been made?
Banking watch French finance scrutinizes Italian negotiations AXA and CNP Assurances are closely monitoring the current negotiations between the Italian government and the country's second-largest bank, Unicredit.
Bank Watch Apple takes the plunge into split payments Apple will offer payment for its products in installments in Canada, and is preparing a fractional payment option via Apple Pay.
Banking News Crédit Agricole to launch new share buyback program The mutual bank, buoyed by its excellent results in the second quarter of 2021, intends to launch a new share buyback program.
Bank Watch ECB lifts restrictions on bank dividends Since the start of the pandemic, banks have been subject to dividend restrictions. These restrictions will soon be lifted.
Bank Watch BNP Paribas results up in 2nd quarter BNP Paribas, the leading bank in the euro zone, has released its 2nd quarter results. They show an increase of 26.6% over one year.
Bank Watch Government urged to extend business support measures The committee monitoring business support measures has just issued its report, and is urging caution about ending aid.
Banking News Solidarity Fund: application form for June 2021 now available Eligible companies can now apply for aid for June 2021 activity, until August 31.
Bank Watch Attempted scams on the rise since the start of the pandemic Since the start of the health crisis, attempted scams have been on the increase, targeting French people's surplus savings.
Banking watch Towards opening banking mediation to professional customers The French Banking Federation has recommended that its members open banking mediation to professionals by July 2022.
Bank Watch Mortgages: rates down, terms up In the 2nd quarter of 2021, mortgage rates reached their lowest level for 20 years, but terms have lengthened.
Bank Watch French banks lose battle with European regulator The European Court of Justice has ruled in favor of the European Banking Authority, after several years of opposition from French banks.
Banking Watch French Tech soars in the second quarter The second quarter of 2021 saw French startups raise a record 3.2 billion euros from investors.
Bank Watch The government aims to accelerate the ecological transition of VSEs/SMEs with a new aid scheme Accelerating the ecological transition is one of the priorities of the "France Relance" plan, and an opportunity for very small businesses.
Bank Watch 1600 ATMs to be decommissioned by 2020 More and more banks are closing some of their cash dispensers, as part of a rationalization drive.
Bank watch Extension of deferred payment of social security contributions this summer The social security contribution deferral scheme introduced a few months ago has been extended for the months of June, July and August 2021.
Bank Watch Number of company deregistrations up in H1 During the 1st half of 2021, the number of company deregistrations rose by 28% compared to the 1st half of 2020.
Banking watch Repayable advances and subsidized loans maintained until the end of 2021 The government has postponed the end of the repayable advance and subsidized loan schemes until December 31, 2021.
Bank Watch A national consultation on cyber risk insurance Bercy has launched an open consultation on cyber insurance, with the aim of drawing up an action plan for 2022.
Bank watch Low-emission zones: exemptions for professionals Businesses have finally won their case, and will be able to drive for another year in Paris' low-emission zone (ZFE).
Banking watch Find out all about Bpifrance's Cash BFR consulting module The Cash BFR module helps industrial companies take stock of their accounts, establish a strategy and identify priorities for action.
Banking watch China: the digital yuan gradually takes root For several months now, China has been testing a digital version of its official currency, the e-yuan, as it distances itself further from Bitcoin.
Bank Watch Business insolvencies on the rise in the second quarter In the second quarter of 2021, the number of business failures rose slightly, even though they remain at a very low level.
Banking watch French car insurance market targeted by unicorn Tractable Tractable, a company specializing in artificial intelligence for car insurers, has achieved unicorn status following a round of financing.
Banking watch Business buyouts: which platform to choose? With the gradual disappearance of state aid, the number of companies to be taken over is set to increase. Which platforms are available?
Bank Watch Semiconductor shortage could affect bank card production The Covid-19 pandemic has led to a worldwide shortage of semiconductors, which could disrupt bank card production.
Bank Watch Freelancers increasingly present on marketplaces More and more French people are taking the plunge into freelancing and choosing online platforms to develop their business.
Banking watch The health crisis has led to a surge in fraudulent savings accounts Since the start of the pandemic, the number of fraudulent savings books has increased. Fraudsters are impersonating well-known companies.
Banking watch Banking ombudsmen's lack of independence criticized In a recent report, the Comité Consultatif du Secteur Financier (Financial Sector Consultative Committee) calls for greater independence of bank ombudsmen.
Banking watch Savings: supervisory authorities call for vigilance The supervisory authorities call on savers to be vigilant, and take stock of current practices.
Bank Watch The European Central Bank wants to promote bank mergers The European Central Bank wants to harmonize national practices to encourage cross-border bank mergers.
Bank Watch UBS to offer hybrid teleworking to two-thirds of its employees Two-thirds of employees at Swiss bank UBS will be able to benefit from a work organization combining face-to-face and remote working.
Banking watch Switzerland: cash payments gradually declining After a long tradition of cash payments, the Swiss are increasingly turning to cashless payments.
Banking watch Microentrepreneurs: support measures deemed inadequate by the UAE Among the self-employed, microentrepreneurs have been particularly hard hit by the health crisis, and are criticizing the inadequate support they receive to get through it.
Banking watch Visa acquires Swedish fintech Tink for 1.8 billion euros American payment giant Visa has acquired Swedish fintech Tink, a market leader in open banking, for 1.8 billion euros.
Bank watch S&P downgrades BPCE's credit rating Rating agency Standard & Poor's has lowered the credit rating of mutual group BPCE from "A+" to "A".
Banking Watch Banking jobs hit by health crisis According to figures from the French Banking Federation, the number of jobs in the French banking sector is at its lowest level since 1990.
Bank Watch Morgan Stanley allows only vaccinated staff into its New York offices As of July 12, employees and visitors who have not been vaccinated against Covid will no longer be allowed access to the bank's New York offices.
Bank Watch Sick leave: from July 1, self-employed professionals can receive compensation From July 1, self-employed professionals will be able to receive daily benefits in the event of sick leave due to incapacity.
Bank Watch Solidarity Fund: May application form now online The Solidarity Fund application form for May 2021 activity is now online, and can be submitted until July 31.
Bank Watch Record number of business start-ups over the last 12 months In the space of a year, the number of business start-ups has soared to record levels. The delivery sector has taken off.
Bank Watch Short-time working: what to expect? Since June, the government has been gradually reducing its contribution to short-time working.
Bank Watch Banque de France unveils reassuring study on corporate health A recent study by the Banque de France is reassuring about the financial health of companies as they emerge from the crisis.
Bank Watch Bank charges: a potential loss of 300 million for Deutsche Bank German banks are no longer allowed to increase their charges without the explicit agreement of their customers, and are now preparing to pay back their losses.
Bank Watch Wefox raises funds to expand internationally The young German startup has just raised $650 million to expand into the United States and Asia.
Banking watch Plan d'épargne retraite: over 2.8 million policyholders in 2020 While Bercy claimed that the PER had attracted 4.5 million subscribers by 2020, the figure has been revised downwards to 2.8 million.
Bank Watch Ledger raises $380 million and becomes a unicorn Benefiting from the cryptocurrency craze, Ledger has completed a major fundraising round, joining the circle of French unicorns.
Bank Watch Nubank: Warren Buffett invests $500 million in the neobank Brazilian neobank Nubank has just completed a $750 million round of financing. Warren Buffet alone invested $500 million.
Banking News The impact of inflation on Livret A interest rates In recent months, inflation has returned. Will the very low interest rate on the Livret A be revised as a result?
Bank Watch Postbank to charge for retail deposits In Germany, for the first time, a retail bank will be charging retail deposits, according to information reported by Les Echos.
Bank watch Weak Signals" system to identify companies in difficulty The Weak Signals application, launched in 2016, has been enhanced to enable the administration to spot companies in difficulty.
Bank Watch Banque de France corporate ratings: a complicated 2021 After a 2020 marked by the Covid-19 crisis, the 2021 edition of the Banque de France's company ratings looks set to be a tricky one.
Bank watch Overindebtedness files on the rise at the Banque de France Since the start of 2021, the number of overindebtedness cases registered by the Banque de France has risen compared with 2020.
Banking News SMEs: profits up by 2% in 2020 according to the OEC After a year of health crisis, SMEs are faring better than expected, with net income up by almost 2%...
Bank Watch The growing importance of cyber risk management for banks Since the start of the pandemic, banks have become even more exposed to cyber risk, which they need to take very seriously.
Banking News Life insurance: new positive net inflows in April The horizon is brightening for life insurance, with positive net inflows for the 5th consecutive month, following a difficult year in 2020.
Bank Watch European Investment Bank makes record investments in Africa The European Investment Bank (EIB) invested more in Africa last year, with a particular focus on the fight against climate change.
Bank watch Real estate: borrowing rates at record lows The average mortgage rate reached its lowest level ever in April and May, according to the Observatoire Crédit Logement CSA.
Banking watch Madelin IR-PME scheme extended to the end of the year The Madelin tax scheme, which allows investors to invest in unlisted SMEs in return for a tax reduction, has been extended until December 31, 2021.
Banking Watch The quiet success of British fintech SaltPay SaltPay, the British fintech offering payment services to merchants, has raised $700 million since its inception.
Bank Watch ADEME aims to accelerate the ecological transition of SMEs As part of the France Relance plan, ADEME has launched a simplified financing scheme for small and medium-sized enterprises (SMEs) to accelerate their ecological transition.
Bank Watch Italian bank Aigis victim of Greensill bankruptcy Italian bank Aigis has filed for bankruptcy, just a few weeks after the collapse of factoring specialist Greensill.
Bank Watch Banks faced with excess savings Faced with the excess savings generated by the health crisis, banks are having to manage an influx of deposits, at a not inconsiderable cost.
Banking watch The end of the gift tax exemption scheme is approaching Since July 2020, it has been possible to donate up to 100,000 euros to one's descendants without paying gift tax.
Banking watch Contentsquare: a record-breaking round of financing The French start-up specializing in website and application performance analysis has just completed a €408 million round of financing.
Banking watch Social security contributions: new deferral for the self-employed The self-employed will be able to benefit from new deferral arrangements and a payment plan for 2020 contributions.
Bank Watch Epsor raises 20 million euros for simplified management of employee savings schemes French start-up Epsor, which offers digital solutions for employee savings schemes, has completed a €20 million round of financing.
Banking News Livret A deposits remain high in April In April 2021, Livret A deposits fell short of the previous month's record, but remained at a high level.
Banking watch Companies: Kbis no longer required for administrative procedures Under the PACTE Act, companies are no longer required to provide a Kbis extract for administrative purposes.
Bank Watch Small business debt: what the government is planning The government has tabled an amendment to introduce a fast-track collective procedure for small businesses.
Bank Watch Ransomware: ANSSI denounces insurers' murky game In 2020, the number of cyber-attacks targeting companies in all sectors has multiplied. Ransomware attacks are particularly on the rise.
Banking watch Cryptocurrencies: growing interest from private banks Private banks, approached by their customers about investing in cryptocurrencies, are gradually opening up to this market.
Banking News Back Market: fundraising tarnished by royalty project Back Market has entered the circle of French unicorns thanks to a major fund-raising campaign, but it's not in the mood to celebrate.
Bank Watch Managing IT incidents: a challenge for banks The health crisis and lockdown have increased the pressure on banks, putting their IT systems under strain.
Banking watch Towards a revision of the European directive on consumer credit The European Commission is preparing a new proposal for a directive on consumer credit.
Banking watch How to transfer your company using the Dutreil pact? The Dutreil pact allows you to reduce gift or inheritance tax on company shares. Here are the conditions for benefiting.
Banking watch Compensation contract: La Banque Postale awaits the green light from Brussels The European Commission must validate La Banque Postale's public service compensation contract, for the period 2021-2026.
Bank watch Mortgages: a slight rise in rates in May After a slight fall in April, mortgage rates rose slightly in May. A temporary phenomenon or a real trend?
Bank Watch French government maintains solidarity fund in May The French government has announced that it will maintain the solidarity fund in full in May, and that it will be gradually increased from June onwards.
Banking News Professionals: public broadcasting contribution postponed to July 1 In a press release dated April 14, Bruno Le Maire and Olivier Dussopt announced the postponement from April to July of the public broadcasting contribution.
Bank watch The importance of the declaration of unseizability for sole traders A declaration of unseizability enables a sole trader to protect his property in the event of insolvency proceedings.
Banking News European banks: an upbeat first quarter European banks reported strong earnings growth in the first quarter of 2021, but the ECB is still urging caution.
Banking watch Amicable liquidation of a company: what procedure should be followed? A company may be wound up out of court, without necessarily facing economic difficulties.
Banking watch Life insurance: the importance of drafting the beneficiary clause The beneficiary clause is just as important as the underlying returns and taxation when taking out a life insurance policy.
Banking watch Beware of contracts entered into by companies in formation Before a company is registered, a number of contracts must be concluded. Certain rules must be observed.
Bank Watch Shops: aid for seasonal stocks to be paid from May 25 Faced with higher levels of unsold stock than last year, retailers in certain sectors will benefit from public assistance.
Banking watch Carbon neutrality: 43 banks pledge to meet the challenge by 2050 Under the aegis of the UN, 43 international banks, notably in Europe and the USA, have pledged to become carbon neutral by 2050.
Bank Watch Cybersecurity: 3 protective measures for businesses The Covid-19 pandemic and the rise of teleworking are increasing the risk of cyber-attacks. How can companies protect themselves?
Bank Watch State aid limited the impact of the health crisis on companies According to a recent report, without state aid, the health crisis would have doubled the number of companies becoming insolvent.
Bank Watch PGE scheme extended to December 31, 2021 Since March 2020, banks have been able to offer state-guaranteed loans, a scheme designed to support companies' cash flow in the face of the health crisis.
Bank Watch 21 billion euros in cumulative profits for French banks in 2020 In 2020, the major French banks generated profits of 21 billion euros out of a total of 23 billion euros in the euro zone.
Banking watch How do I change my company's APE code? Each professional activity is governed by a code issued by INSEE, known as the "APE code". How do I change it?
Banking watch New regulatory constraints for Chinese fintechs Faced with ever-increasing regulatory constraints, Chinese fintechs have not yet said their last word.
Bank Watch The tax compliance review, a useful tool for SMEs The tax compliance examination, which companies can voluntarily undergo, is particularly useful for very small businesses and SMEs.
Bank Watch Solidarity fund form for March 2021 now online Created in March 2020, the solidarity fund is aimed at companies that can demonstrate a loss of sales.
Banking watch Credit mediation prepares for the consequences of the recovery Credit mediation, a public body backed by the Banque de France, is preparing to handle a large number of cases during the recovery.
Banking News Companies: social security contribution exemption and assistance schemes extended Certain companies will be able to benefit from exemptions and assistance with the payment of contributions due for January and February 2021.
Bank Watch Crédit Agricole successfully acquires Italian bank Creval After raising its initial offer several times, the Crédit Agricole group has announced that it has succeeded in its takeover bid for Creval.
Bank Watch CaixaBank prepares to lay off 18% of its workforce in Spain Spanish banking giant CaixaBank has embarked on its biggest restructuring ever in the Spanish banking sector.
Bank Watch French insurtech Alan closes major fund-raising round French health insurance start-up Alan has just completed a major fund-raising round and achieved unicorn status.
Bank Watch Ransomware attacks on the rise in France France is the country most affected by ransomware cyberattacks. Their number exploded in 2020, and is set to double again in 2021.
Bank watch Business insolvencies: alarming signs While the number of business failures is still low, certain indicators point to more difficult times ahead.
Banking watch Marketing financial products: how to protect vulnerable people? The ACPR and AMF call on professionals to take better account of the situation of vulnerable elderly people in their customer relations.
Banking watch Online purchases: strong authentication required above 100 euros Merchants are concerned about the gradual generalization of the requirement for strong authentication to secure online payments.
Banking intelligence France misses out on the ranking of most innovative companies The latest study by the Boston Consulting Group reveals a ranking of the 50 most innovative companies, with France missing out.
Bank Watch Businesses: aid for hiring disabled workers As part of its stimulus package, the French government has introduced a grant to encourage the hiring of disabled workers.
Banking watch Deeptechs: Bpifrance increases its funding As part of its 2019 Deeptech Plan, Bpifrance has revised its objectives upwards and is increasing the amount of funding.
Bank Watch Bad debts: banks call for greater flexibility European banks are currently negotiating with the European Banking Authority to relax credit restructuring rules.
Banking watch Duplication of regulated savings soon prohibited Until now, before opening a Livret A savings account, banks checked that the customer did not already have one. This control will now be extended to other passbooks.
Bank watch The "prêt d'honneur Création-Reprise The "prêt d'honneur Création-Reprise" is designed to support the creation or takeover of a business by strengthening equity capital.
Banking watch Secured loans: 55% of companies ask for a further year's deferment According to the Fédération Bancaire Française, 55% of companies with an EMP would like to request an additional one-year deferment.
Bank Watch Spanish start-up Glovo raises 450 million euros Spanish start-up Glovo has raised €450 million, the most ever for a Spanish start-up.
Banking watch The Renfort honor loan On February 19, 2021, Bpifrance announced the creation of the Renfort honor loan to help VSEs and SMEs get through the crisis.
Banking watch Business: a CCI launches an online self-diagnosis tool To help companies cope with the crisis, the Marne Chamber of Commerce and Industry has launched an online self-diagnosis tool.
Banking watch Businesses: how to benefit from the conversion bonus? The government has introduced a conversion bonus to encourage businesses to buy cleaner vehicles.
Bank Watch The PEL, a problematic product for banks In the current environment of historically low interest rates, the Plan d'Epargne Logement represents a significant cost for banks.
Bank Watch Vybe neobank: second fundraising in eight months Neobank Vybe, which targets teenagers aged 13 to 17, has completed 2 rounds of financing in 8 months, and is keen to set itself apart from the competition.
Bank watch Bpifrance launches the prêt d'honneur solidaire for entrepreneurs in difficulty In 2020, Bpifrance deployed a new financing tool: the prêt d'honneur solidaire. What does it involve? Who can benefit from it?
Bank Watch Life insurance: the pandemic as a time for misinformation Times of crisis are ripe for misinformation. In the midst of the Covid-19 epidemic, life insurance is the target of fake news.
Banking watch Authorities vigilant against the rise of fractional payments Fractional payments, driven by the boom in e-commerce since the start of the Covid-19 epidemic, are being targeted by the authorities.
Bank Watch IT departments adopt teleworking on a massive scale Encouraged during periods of confinement, telecommuting could continue in IT departments even after the crisis.
Bank Watch Cour des Comptes warns about long-term rental offers Long-term leasing offers are proliferating, without being subject to consumer credit regulations.
Bank Watch "Objectif télétravail": a service for deploying teleworking in VSEs and SMEs Objectif télétravail is a service designed to advise and support companies in organizing teleworking in the context of the health crisis.
Banking watch Towards improved banking inclusion? The health crisis could have repercussions for the most vulnerable populations. At least, that's what the Cour des Comptes (French Audit Office) believes in its report.
Banking Watch Valuation of fintech Stripe reaches $95 billion The fintech Stripe has been valued at $95 billion, following a $600 million fundraising round.
Banking News Fixed costs: a scheme to cover costs effective from March 31 The French government has announced the launch of an exceptional aid package to supplement the Solidarity Fund: a scheme to cover fixed costs.
Bank Watch Rising bank contributions to the rescue fund The amount of contributions paid by banks to the Single Resolution Fund is regularly the subject of fierce criticism.
Banking watch Neobanks: a platform for reporting IBAN discrimination Despite the illegality of the practice, many companies refuse foreign IBANs, penalizing customers of certain neobanks.
Banking News SMEs pleased with extension of aid for hiring young people While the extension of aid for hiring young people is good news for those primarily concerned, it is also good news for SMEs.
Bank Watch Cleantech investment on track for 2020 2020 was an excellent year for cleantech investment, despite the health and economic context.
Banking Watch Private banks Goldman Sachs and Barclays open offices in Paris International private banks are taking an interest in the French market, with a particular focus on high-net-worth clients.
Bank Watch Company aid: Cour des Comptes warns of fraud The French Court of Audit has examined the operation of the solidarity fund, and warns of the risk of cumulation with other State aid.
Banking watch Livret A, LDDS, LEP, PEL: Bercy steps up controls The government is set to step up controls on the multiple holding of regulated savings products such as the Livret A, LDDS, LEP and PEL.
Bank Watch Which households saved the most in 2020? While savings reached record levels in 2020, not all French people put aside the same amounts, as confirmed by Insee.
Bank Watch Consumer credit sees steepest decline since 2008 In 2020, consumer credit experienced its worst year since the 2008 financial crisis, with revolving credit plummeting.
Bank Watch Associations help entrepreneurs in the doldrums to bounce back Impacted by the health crisis, many companies have found themselves in peril. Associations are mobilizing to help entrepreneurs bounce back.
Bank Watch Property-casualty insurance: banks gain market share Bancassurers, who are increasingly marketing property-casualty insurance policies, are gaining ground on traditional insurers.
Banking watch Climate risk exposure: European timetable speeds up for banks In 2019, financial institutions have made a series of commitments to combat global warming. Will they succeed in meeting them?
Banking watch UK: contactless cap rises to £100 Freed from European standards since the Brexit, the UK has decided to raise the contactless cap from £45 to £100.
Bank Watch Business activity down 5% in March compared with pre-crisis levels No major downturn, no real improvement: that's what the Banque de France has to say about economic activity in March.
Banking watch Businesses: accelerated factoring scheme extended Bercy has decided to extend by 6 months the accelerated factoring scheme introduced in September 2020 to support businesses.
Bank Watch SMEs lag behind in publishing professional equality index Created in 2018, the professional equality index must be published by companies by March 1. Not all SMEs are playing the game.
Bank watch Attempted professional fraud: what can you do? False name, false capacity, fraudulent maneuvers... Attempted professional scams have increased in number in recent years.
Bank Watch Mission company status appeals mainly to SMEs Mission-driven company status was introduced by the Pacte law in 2019. It has attracted around a hundred companies, the majority of them SMEs.
Banking watch Tobacconists reinvent themselves with new services Despite the health crisis, tobacconists ended 2020 with an increase in sales, and most are renovating with the help of the State.
Bankwatch Covid-19: the mental health of entrepreneurs is deteriorating A recent study reveals an increased risk of burnout among professionals and a decline in their "entrepreneurial vigilance".
Banking Watch Hacks and ransomware: cryptocurrency scams explode In 2020, cryptocurrency scams increased dramatically, taking advantage of the pandemic and soaring bitcoin prices.
Banking watch What is the Young Innovative Company status? The "Young Innovative Company" status, which is still little-known, is designed to encourage innovation and offers a number of advantages.
Banking News SMEs open up their capital to investment funds In 2020, spurred on by the health and economic crisis, a large number of SMEs opened up their capital to investment funds.
Banking watch Participative financing: more than a billion euros to be raised by 2020 For the 2nd year running, Mazars and the association Financement Participatif France have published the alternative financing barometer.
Bank Watch Fintechs attack the payment terminal market The decline in cash is prompting retailers to equip themselves more and more with payment terminals. This booming market is attracting new players.
Bank Watch Social networks, the tax authorities' new weapon for spotting potential tax evaders From now on, the tax authorities will be able to use citizens' personal data on social networks to track down potential fraudsters.
Banking watch Business start-ups: the Guichet-entreprises website supports entrepreneurs Created by the Institut national de la propriété industrielle (INPI), the Guichet-entreprises website enables company directors to carry out their formalities online.
VSE/SME Covid-19: rules for exemption from social security contributions The Social Security Financing Act 2021 provides for an exemption from social security contributions to enable employers to cope with the consequences of the crisis...
Banking watch SMEs: what is their financial situation one year after Covid? According to the latest Bpifrance barometer, the financial situation of SMEs is improving, but remains highly contrasted, one year after the arrival of Covid.
Banking watch Covid-19: rules for exemption from social security contributions Employers hardest hit by the health crisis will be able to benefit from assistance with the payment of their social security contributions.
Banking watch Livret A savings account: inflows soar in January Livret A savings account inflows in January were close to the April 2020 level, confirming the French people's need for security.
Bank Watch Very small businesses: managers do not sufficiently anticipate the risk of bankruptcy According to a report submitted to the French government, many very small businesses go bankrupt due to a lack of awareness of preventive measures.
Bank Watch Ever-increasing account maintenance fees Among the various increases in bank charges recorded in January 2021, account maintenance fees are one of those that have risen the most.
Bank Watch Covid-19: why very small businesses have become bad payers The BVA Institute's quarterly barometer reveals that many SMEs have extended their payment terms as a result of the crisis.
Bank Watch Government extends aid for hiring young people by several months The French Minister of Labor, Élisabeth Born, has announced the extension of measures to help young people hire, such as the "1 jeune 1 solution" plan.
Bank Watch Consumer credit registers sharpest decline since 2009 In 2020, the health crisis led to a sharp drop in consumer credit production, to its lowest level since the 2009 financial crisis.
Bank Watch Businesses faced with sharp rise in costs Many raw materials and materials prices have risen, putting a strain on companies already weakened by the health crisis.
Bank Watch October to provide loans to VSEs and SMEs in the tourism sector The October lending platform has been chosen to provide European loans to VSEs and SMEs in the tourism sector in France.
Banking watch Placement agreement renews business credit mediation for 4 years As recently announced by Bruno Le Maire, the agreement on business credit mediation has been renewed for a further 4 years.
Banking watch Donations to associations: the Cour des Comptes judges controls to be inadequate The Cour des Comptes (French Audit Office) has examined tax-exempt donations to associations. It considers that Bercy's controls are insufficient.
Banking News Self-employed workers: the DSI replaced by the unified social and tax declaration of income In 2021, the social declaration for the self-employed will be abolished. This means that self-employed workers will have just one tax return to complete.
Banking watch Bloctel: lower rates for professional subscriptions Professionals who are obliged to subscribe to the Bloctel service can now benefit from lower rates.
Banking watch Government supports SME exporters To support the international development of French companies, the public authorities have introduced a number of measures.
Bank Watch Ecological transition: ADEME launches a call for projects for SMEs ADEME and the French government recently announced the launch of the "Companies committed to the ecological transition" call for projects.
Banking watch More than 14,000 companies turned to credit mediation in 2020 The health crisis had an impact on the activity of credit mediation, which came to the aid of nearly 6,400 companies in 2020.
Bank Watch French economic activity withstands health crisis Despite the Covid-19 epidemic and health restrictions, economic activity is holding up better than economists expected.
Bank Watch 2020, a record year for business start-ups In 2020, the number of business start-ups reached a record level. A phenomenon which, however, conceals a certain precariousness.
Banking watch 3 major challenges for life insurance in 2021 The Covid-19 crisis has increased pressure on insurers, forcing them to rethink their offerings.
Banking News Social security contributions due in February can be deferred Urssaf is extending the deferral of social security contributions for employers and self-employed workers affected by the health crisis.
Banking watch The "Prêt croissance", a helping hand for very small businesses The Prêt croissance TPE enables regional authorities, in partnership with Bpifrance, to strengthen the financial structure of small businesses.
Banking News Income statements: confidentiality appeals to SME managers Confidentiality of accounts is a possibility offered to companies meeting certain thresholds. With the crisis, the trend is becoming more pronounced.
Banking Watch United Kingdom: vending machines convert bitcoins into cash 16,000 vending machines now allow British bitcoin holders to convert them into physical currency.
Banking watch How much does life insurance cost? The health crisis has shaken up the savings habits of the French. Life insurance saw record outflows in 2020.
Bank Watch PGE repayment: SME managers face the choice One year after the first state-guaranteed loans were granted to companies, the question of repayment strategy arises.
Bank watch ECB launches climate change unit The European Central Bank is launching a center of expertise entirely dedicated to climate change, which has an impact on monetary policy.
Bank Watch Banque de France plans to close 14 regional branches France's changing payment habits are having repercussions at the Banque de France. The institution plans to close 14 regional branches by 2022.
Banking News Home loans: the HCSF publishes its new recommendation The Haut Conseil de Stabilité Financière (French Financial Stability Board) has published its new recommendation, which sets out the criteria for banks granting mortgages.
Banking watch ECB publishes guide to consolidation in the banking sector The European Central Bank has just published its guide to mergers and acquisitions. The document confirms the possibility of using "badwill".
Bank Watch 2020: a record year for Livret A savings accounts In 2020, the Livret A savings account collected twice as much as in the previous year. Its total assets now stand at 326.5 billion euros.
Bank Watch GDP down 8.3% in 2020 While the government had forecast an 11% fall in GDP in 2020, the decline is slightly less severe, according to estimates from Insee.
Bank Watch The number of counterfeit bills seized in 2020 reaches an all-time low In 2020, according to the European Central Bank, the number of counterfeit bills seized has never been so low, down sharply on 2019.
Banking watch Plan "1 jeune 1 solution": help for young people to find a job To help young people find a job, the French government has set up a number of schemes, including a scheme to help people under the age of 26 find work.
Banking watch More than 1,000 fraudulent actors identified by ACPR in 2020 The number of scams originating from sites offering credit or savings products has risen sharply. The ACPR has listed 1,081 entities on its blacklist.
Banking Watch Real estate crowdfunding success: what impact will the health crisis have? While all the signs are green for investing in real estate crowdfunding, this investment could be hit by the effects of the crisis.
Banking watch Contactless payments explode in 2020 Widespread use of barrier gestures, retailer equipment and an increase in the purchase limit to 50 euros have boosted contactless payments.
Bank Watch Covid: who are the main beneficiaries of government aid? The French government has introduced a number of aid measures to help companies overcome the health crisis. Which sectors have benefited?
Banking watch Commercial real estate: what are the risks for banks? Commercial real estate is a vulnerable sector today, weakened by the crisis which has led to a drop in rental demand.
Bank Watch Business insolvencies at their lowest level for 30 years While the economy came to a standstill in 2020, the number of business failures fell considerably. Until when?
Bank Watch Banks relaunch credit moratoria Faced with business restrictions linked to the health crisis, banks are relaunching moratoria on corporate loans.
Banking watch Covid-19: government details new aid for businesses Following the extension of the curfew to 6 p.m. nationwide, the government has announced new assistance for businesses.
Bank Watch Taxes 2021: what are the main changes for individuals? The Finance Bill for 2021 includes a series of tax reforms. Find out what the main measures are for individuals.
Bank Watch Cyber-attacks multiply for businesses ANSSI, the French national agency for information systems security, is warning that the cyber threat level in France is rising rapidly.
Bank Watch 6 p.m. curfew: what impact on retailers? The curfew begins at 6pm in 25 départements, with a significant impact on businesses already hard hit by the crisis.
Bank Watch French government supports exports hit by health crisis Exports have suffered from the health crisis. To enable companies to continue exporting, the French government has set up a number of support measures.
Banking watch Real estate: initial market trends in 2021 Despite the market's resilience in 2020, the trend seems to be for prices to slow down and stabilize in 2021.
Banking watch PGE: banks distributed 130 billion euros in 2020 In 2020, over 600,000 French companies benefited from state-guaranteed loans (PGE) worth a total of 130 billion euros.
Banking watch Significant disparity in bank charges Consumers' association CLCV has published the results of a survey highlighting a major disparity in bank charges.
Bank Watch Post offices in the UK to host bank branches Post offices in several small British towns have pledged to alternately host bank teams to guarantee access to cash.
Bank Watch Trade union representation elections: the campaign begins in very small businesses The union representation election will take place in the spring of 2021. It concerns employees in very small businesses and home workers.
Banking watch Real estate: is there a risk of household debt? While the Banque de France claims to be reassuring about the financial situation of households, there are concerns about the debt levels of the French.
Bank Watch Property tax cuts for certain industrial companies Good news for French industrial groups. Following a decision by the Conseil d'Etat, property tax will be reduced for some of them in 2021.
Banking Watch Drones help investment bankers save M&A deals In 2020, investment bankers used drones to remotely visit assets for sale. Many deals have been completed as a result.
Banking watch Unpaid loans: the European Commission favors the creation of "bad banks The European authorities fear a wave of bad debts, and are considering the creation of national bad banks.
Banking watch Businesses: the changes on January 1 The 2021 Finance Bill is favorable to entrepreneurs. The main taxes, those on production and those on profits, are decreasing.
News Anytime Anytime joins Orange Bank to become the market leader for professionals and SMEs Anytime joins Orange Bank to become market leader for pros and SMEs
Bank watch Bank charges: six banks fined 2.8 million euros Six French banks have been fined 2.8 million euros for charging excessive fees for card payments.
Bank Watch Restructuring specialists prepare for an explosion in bankruptcies Corporate rescue: restructuring lawyers, interim managers and accountants anticipate a surge in activity.
Banking watch Regional aid to strengthen companies' equity capital The presidents of France's regions are to mobilize 250 million euros to top up the national solidarity fund for the most fragile VSEs and SMEs.
Bank watch BRED customers by appointment only BRED will receive customers by appointment only. ATMs will remain accessible. The bank is extending the system put in place during the lockdown.
Bank Watch Health crisis: ways to help companies get through it Companies will probably have to wait until the 2nd half of 2021 to benefit from the expected effects of vaccines and return to normal activity.
Banking News Employees' professional interviews: possible postponement until June 30, 2021 Companies have until June 30 to carry out the first professional appraisal interviews, which in principle should have taken place by December 31.
Banking watch Instructions for "Entreprise Solidaire d'Utilité Sociale" (ESUS) approval ESUS accreditation enables companies in the Social Solidarity Economy to obtain specific aid and financing, such as tax reductions.
Bank watch Attempted scams: companies, be vigilant! As with every crisis, scams are on the increase, and their main target is businesses. False name, false capacity, fraudulent maneuvers... It's time to be vigilant!
Banking watch Skyrock radio launches mobile payment solution with Yax Skyrock has announced the launch of Yax, an online payment solution, in partnership with fintech Lyf Pay, co-owned by BNP Paribas and Crédit Mutuel.
Bank watch Home loans: authorities relax conditions The recommendations issued at the end of 2019 by the Haut Conseil de Stabilité Financière (High Council for Financial Stability) concerning the granting of mortgages have been relaxed.
Banking watch Corporate bankruptcies and debt: the challenges for 2021 The number of bankruptcies did not increase in 2020 despite the recession, but 2021 will be a fatal year for many companies.
Bank Watch Economy: a second shutdown less brutal than the first According to Banque de France data, the economic consequences of the second blackout were less severe than those of the first.
Banking watch FAST Fund: a new scheme to help the tourism sector Public investment bank Bpifrance has set up the Fonds Avenir et Soutien Tourisme to help the tourism sector.
Bank watch The French government asks public bodies to centralize their cash holdings The French government has asked a number of public bodies to deposit their cash on its centralized account.
Bank Watch SMEs: videoconferencing once again facilitated for CSE meetings The use of videoconferencing is now authorized for all Social and Economic Committee meetings, unless the elected representatives object.
Banking watch Credit insurance: "Cap Relais" scheme extended by 6 months The Cap Relais public reinsurance scheme, introduced in June 2020, will be extended until June 2021, in agreement with credit insurers.
Bank watch 4 toll-free numbers for entrepreneurs in difficulty 4 toll-free numbers are available to support, listen to and guide entrepreneurs in difficulty.
Bank Watch Bank branch closures accelerate in Europe The Covid-19 crisis has led to an upsurge in digital services and prompted European banks to review the size of their branch networks.
Bank Watch Italian government introduces cashback scheme The Italian government has decided to reimburse retailers for 10% of all credit card spending in December.
Banking watch Creation of the Relance label to support the financing of French companies As part of its economic stimulus plan, the French government is seeking to redirect the savings of French people and investors towards SMEs and ETIs.
Bank Watch Government not in favor of mandatory pandemic insurance The government, which has been working on the issue for several months, has finally ruled out the idea of compulsory pandemic insurance.
Bank Watch Health crisis: insurers freeze premiums for SMEs hardest hit Insurers have agreed to freeze rates on business policies for companies in the sectors most affected by the health crisis.
Banking watch Government doubles tax exemption limit for gift vouchers In a bid to boost consumption, the tax exemption ceiling for gift vouchers distributed to employees will be doubled.
Banking watch Digital Euro: the European Central Bank launches a public consultation The European Central Bank has launched a public consultation on the digital euro to gather the views of the general public on this project.
Bank Watch The worrying cost of drought Droughts are having an impact on buildings, and their frequency could undermine the compensation system for natural disasters.
Banking Watch Cash continues to lose ground in Europe According to a recent study by the European Central Bank, retail cash transactions are down on 2016.
Banking watch Launch of the Bpifrance Entreprises 1 fund to democratize private equity for French investors Since October 1, private investors have been able to access the "Bpifrance Entreprises 1" fund and invest in a portfolio of over 1,500 companies.
Bank Watch Collaborative messaging company Slack acquired by Salesforce for $27 billion Messaging company Slack has been acquired by software company Salesforce for an industry-leading $27 billion.
Bank Watch Closed companies: the French government will pay for 10 days' vacation pay per employee To enable the companies hardest hit by the crisis to clear their vacation pay reserves, the French government will pay for part of them.
Banking watch French banks to undergo climate stress tests from 2021 From 2021, French banks will be subject to a new exercise: climate stress tests, developed by regulators.
Bank Watch Covid-19: the French toy industry is worried French toy manufacturers are worried that distributors will place fewer orders because they have not been able to clear their stock for a month.
Banking watch Companies: everything you need to know about teleworking Telecommuting offers many advantages for both employees and companies. How do you set it up?
Banking watch All you need to know about credit mediation for businesses Companies hardest hit by the health crisis and experiencing cash-flow difficulties can contact the credit mediator.
Banking watch The European Banking Authority is concerned about the volume of moratorium loans Numerous moratoria have been granted to help individuals and businesses. EBA urges banks to exercise caution.
Banking watch Access to mortgages: Banque de France dismisses criticism Real estate professionals are criticizing the HCSF's recommendations concerning the granting of credit. The Banque de France has responded.
Bank Watch Banque de France backs return of dividends for banks The governor of the Banque de France has said he is in favor of a return to dividends for banks, which have not paid any since March.
Banking watch How to obtain a direct tax rebate for companies in difficulty? Companies experiencing difficulties paying their Covid-19-related taxes can apply for a direct tax rebate.
Banking watch How can I get cash with a mortgage? Precariousness linked to the health crisis is exploding in France. Associations are sounding the alarm. Many homeowners need to free up cash.
Banking News Livret A: the French used up their savings for the first time this year For the first time this year, the French dipped into their savings, depositing less money into their Livret A passbook accounts than they withdrew.
Bank watch Partial unemployment: can borrower's insurance cover be used for a mortgage? Borrowers are wondering whether the loss-of-job cover included in their mortgage loan insurance can enable them to receive compensation while they are partially unemployed.
Banking watch Google Pay: bank accounts to be opened in 2021 From 2021, it will be possible to open a current account, with the Google Pay application, at a partner bank via the Google Plex offer.
Banking Watch WhatsApp launches payment functionality in India After lengthy negotiations with the country's authorities, WhatsApp can finally roll out its payment service on the Indian market.
Bank Watch FSB examines links between banks and IT service providers At a time when major banks are increasingly tied to their IT service providers, the FSB is opening a discussion to analyze these links.
Banking watch Mortgages: should we expect a large number of non-payments in 2021? While banking institutions are not currently seeing a resurgence in mortgage arrears, they are concerned that this could happen between now and the end of the year.
Bank Watch Insurance prices on the rise for businesses When it comes to renewing insurance contracts, companies are faced with rising prices and reduced coverage.
Bank Watch Home loan insurance: burn-out, an exclusion factor Burn-out, which is not recognized as an occupational illness, is often considered a risk factor by mortgage insurers.
Banking watch Conflict management: how to contact the company ombudsman? The economic crisis is heightening tensions between principals and suppliers. But legal action is not the only way to settle disputes.
Bank watch Shops: towards a possible reopening on December 1 Despite a hoped-for reopening before December 1, retailers will have to keep their curtains down for at least another 15 days.
Bank watch Short-time working: principle, conditions for implementation and compensation To cope with the economic difficulties caused by the health crisis, an employer can place all or some of its employees on short-time working.
Bank Watch Loan insurance and compensation: numerous customer complaints The opening up of the market to competition has benefited consumers, but many complaints still concern the refusal to pay compensation.
Bank Watch Health crisis: a special number for companies in difficulty The government has set up a special information number for companies and associations affected by the health crisis.
Banking watch Professionals: how to obtain a state-guaranteed loan (PGE)? SMEs, retailers, farmers, self-employed professionals, micro-entrepreneurs and associations whose cash flow has been affected by covid-19 can apply to their bank for a PGE.
Bank Watch Digitization and online business: new measures for retailers The government has introduced a scheme to help retailers and small businesses develop their online and digital business.
Bank Watch Banks want to convert small shops to Click & Collect To save local shops in the current health crisis, banks are proposing alternative solutions such as Click & Collect.
Bank Watch World stock markets soar after Covid-19 vaccine announcement World stock markets soared shortly after Pfizer announced that its vaccine was "90% effective".
Bank Watch Reconfiguration: why are small businesses flocking to barcodes? Small businesses deemed non-essential are seeking to maintain visibility by joining marketplaces, which demand encoded products.
Banking watch How can I benefit from the solidarity fund for VSEs, SMEs, the self-employed and entrepreneurs? The solidarity fund supports companies most affected by the coronavirus epidemic. Click here to find out how to qualify.
Bank Watch Mortgage terms: an all-time record in October According to Crédit Logement data, the average term of mortgages reached an all-time high in October 2020.
Bank watch Bank branches remain open during reconfinement Bank branches, considered essential businesses, remain open during reconfinement, with a few adjustments.
Bank Watch Reconfinement: how are restaurants coping? In contrast to the initial containment, many restaurants immediately opted to offer takeaway and delivery services.
Bank Watch Non-essential businesses: a tax credit for lessors The government has introduced a tax credit scheme to encourage lessors of certain commercial premises to reduce rents.
Banking watch Pre-2011 PEL: Banque de France considers lowering interest rate to 1%. The Banque de France is sounding the alarm and calling for a solution to limit the excessively high interest rates on PEL home savings plans.
Banking watch Reconfinement: what new support is available to companies? On October 29, the French government detailed its action plan to support French companies in the wake of the announcement of new containment measures.
Bank watch PGE: government announces extension of repayment period Bruno Le Maire, French Minister of the Economy and Finance, has obtained authorization from the European Commission to extend by one year the period after which...
Bank watch Reconfinement : Bercy forecasts an 11% fall in GDP According to Bruno Le Maire, French Minister of the Economy, GDP is set to fall by 11% instead of the 10 initially forecast for the year as a whole.
Bank Watch An additional 20 billion euros for reconfinement The French government has earmarked an additional €20 billion to deal with the economic consequences of reconfinement.
Banking watch Mortgages: what can be done about repayment difficulties? In the current health crisis, more and more homeowners are struggling to repay their mortgages. Solutions are available.
Banking watch Refusal of credit: 10,000 companies have contacted the mediator in 6 months In just 6 months, 10,000 companies have turned to the Médiation du crédit for help with their loan applications.
Bank Watch Bank card fraud: almost one in three customers is not reimbursed Over 1.3 million French people are affected by bankcard fraud every year, and a third of them are not reimbursed by their bank.
Bank Watch Access to mortgages is becoming tougher While mortgage rates remain attractive, borrowing conditions have tightened in recent months.
Banking watch Crowdfunding: state-guaranteed loans not very attractive Since the end of April, crowdfunding platforms have been able to grant government-backed loans. However, the results have been mixed.
Banking watch VSEs/SMEs: 3 solutions to rebuild cash quickly VSEs and SMEs need to rebuild their cash flow quickly to cover repayments of EWBs, rental payments and borrowing costs.
Banking News State-guaranteed loan scheme extended by 6 months The state-guaranteed loan scheme introduced in March will be extended by 6 months to help companies in difficulty.
Banking watch Businesses: government renews public guarantee against non-payment of bills The public guarantee scheme set up by the French government to cover companies against the risk of non-payment will be extended to 2021.
Banking intelligence Electronic invoicing: where do French companies stand? In December 2019, the government confirmed the introduction of generalized electronic invoicing for French businesses. What's the latest?
Banking watch Real estate costs: VSEs and SMEs at risk For VSEs/SMEs, property costs are becoming an increasing burden, in addition to payroll and order backlog.
Banking watch Investing in the "Bpifrance Entreprises 1" fund: good or bad idea? An investment fund has been set up to enable the French to invest in SMEs. What are the advantages and disadvantages for individuals?
Bank Watch What happens to stolen funds after a cyber attack? In a recently published report, BAE Systems and Swift examine the issue of laundering stolen funds.
Bank Watch Launch of a new energy renovation tax credit for small businesses The French government has just announced the creation of a new tax credit for energy-efficient renovation of the premises of very small businesses.
Banking watch Livret A, PEL, life insurance: which are the best risk-free investments? Since the beginning of the recession, the French have accumulated 85 billion euros in savings. How can this money be invested while limiting risk?
Banking News Digital: new aid to help industrial SMIs and ETIs move upmarket As part of the "France Relance" plan, a direct support measure in the form of a grant has been set up for SMEs and ETIs...
Banking watch Sage and Covline join forces to help companies optimize cash management In an uncertain economic climate, Sage and Covline have joined forces to help companies reduce their payment times.
Banking watch France Num: an initiative to accelerate the digital transformation of VSEs/SMEs In 2018, the government set up France Num to accelerate the digital transformation of VSEs/SMEs and thus promote their competitiveness.
Banking watch Banks must combine physical presence with digital offerings In the midst of the health and economic crisis, the challenge for banks is twofold: boost their digital offering and maintain their physical presence.
Banking News GreenTech: new measures to support players committed to the ecological transition At the "MeetUp GreenTech 2020", the French government reiterated its support for French players committed to the ecological transition.
Bank Watch Government aims to reduce late payments by businesses In 2019, late payments by businesses reached an average of 11.5 days. The government wants to reduce this by the end of 2021.
Banking Watch Health crisis accelerates bank customers' conversion to digital banking The threat of branch closures continues to grow. Several banks are using digital technology to justify restructuring.
Bank Watch US banks authorized to manage crypto-currencies on behalf of their customers The US banking regulator has announced that it is now allowing banks to manage crypto-currencies.
Bank Watch Private equity: a new fund to encourage the French to invest in SMEs The French government has announced the launch of a new financial product to support SMEs.
Bank watch Health crisis: increased aid for SMEs and the self-employed Next week, the Prime Minister is expected to announce new measures to help SMEs and the self-employed.
Banking watch Home loans: authorities maintain their recommendations The HCSF has announced that it is maintaining its cautious recommendations on mortgages, at least until the end of the year.
Bank Watch US banks: restrictions on shareholder remuneration extended The FED has decided to extend a number of measures to ensure that large banks maintain a high level of capital.
Bank Watch Crédit Agricole launches "Globe Trotter" offer for 18-30 year olds Crédit Agricole has launched the "Globe Trotter" offer for young people aged 18 to 30.
Banking watch Insurance: Fintech Lemonade arrives in France US-based Assurtech Lemonade, which intends to change the face of home insurance, has just announced its launch on the French market.
Banking Watch Finance: GAFAs overshadow Fintechs The GAFAs are strengthening their presence in the financial industry, and now outweigh the Fintech sector in global lending.
Banking watch Brexit: British banks close accounts for European customers Even before the end of the transition period, British banks are preparing their expatriate customers in the EU for the closure of their accounts.
Bank Watch Ties between banks and other financial players are growing stronger Cross-border lending by major banks to non-bank financial institutions has risen sharply over the past 5 years, according to the BIS.
Banking watch Moratorium on bank loan repayments extended in Italy In Italy, the government has adopted a decree extending the moratoria on bank loans until January 2021.
Bank Watch Health crisis: an imbalance between men and women entrepreneurs A survey shows that women entrepreneurs have been more affected by the Covid-19 crisis than men.
Banking watch BNP Paribas: dedicated banking advisors on a subscription basis The BNP Paribas group is running a pilot project in nearly 30 branches, charging for access to a personal banking advisor.
Bank Watch Cheque fraud soars ahead of credit card fraud The latest report from the Banque de France shows that cheques remain the most fraudulent means of payment in France.
Banking watch Why are French companies so indebted? French companies are more indebted than their main neighbors. Why is this?
Banking watch Mobile payments on the rise in France While mobile payments quadrupled in 2019, their share of local transactions is still "very marginal".
Banking News Asset management: a new partnership agreement between Société Générale and Amundi Société Générale and Amundi have signed a new 5-year partnership agreement.
Banking Watch To cope with the crisis, banks need to rethink customer service Bank customer service has been severely tested during the crisis. To get through the crisis, they need to adjust their approach.
Banking News Business credit continues to grow in France The Banque de France recently published figures on corporate debt for June. During the period of confinement, these players favored credit for...
Bank Watch Chinese banks' profitability plunged by coronavirus In the 1st half of the year, China's major banks recorded their worst performance in 10 years, weighed down by the Covid-19 pandemic.
Bank Watch European court rules in favor of French banks against ECB The European Court of First Instance has just ruled in favor of the banks, which will therefore not be obliged to deduct from their funds the sums paid to the...
Bank Watch Deutsche Bank reports a loss of 77 million euros in Q2 2020 Deutsche Bank has announced in a press release a net loss attributable to shareholders of 77 million euros for Q2 2020. Restructuring and the virus...
Banking watch Towards a record IPO for Ant Group Ant Group recently applied for a dual listing on the Hong Kong and Shanghai stock exchanges.
Bank watch Caisse des Dépôts announces post-Covid investment plan Caisse des Dépôts has unveiled a €26 billion post-Covid investment plan for transport, housing and local amenities.
Banking watch Fintech takes advantage of the deferred payment boom Deferred payment is booming, appealing to budget-conscious households in an uncertain economic climate.
Bank Watch BNP Paribas withstands the crisis thanks to its investment bank Despite two months of confinement, BNP Paribas posted good results in the 2nd quarter, thanks in part to its investment bank.
Banking watch Forex and crypto-asset investments: ACPR and AMF issue warnings Financial watchdogs ACPR and AMF warn against unauthorized players offering investments in Forex and crypto-assets.
Bank Watch Spanish banking group Santander posts first-ever losses For the first time in its history, the Spanish group's figures are not in the black. This is due to a number of accounting write-downs.
Banking News Life insurance net inflows remain in the red in July At a time when the Covid-19 is encouraging the French to save, life insurance, which is usually very popular with individuals, posted a net outflow in July.
Banking Watch European fintechs unite to make their voices heard in Brussels Last June, 21 fintechs launched the European Fintech Association (EFA) to influence Brussels' future action plan.
Bank Watch The health crisis calls into question the dollar's dominance of other currencies The first wave of Covid-19 has had an impact on financial markets and major currencies. The dollar is among those suffering most.
Bank Watch Exceptional loans for students in difficulty Faced with the difficulties encountered by young people as a result of the health crisis, banks are introducing exceptional student loan schemes.
Banking watch Life insurance: returns close to 1% in 2020 According to Facts & Figures, yields on traditional euro funds in life insurance policies are set to fall further in 2020.
Banking watch Health crisis accelerates convergence of banking and real estate sectors Retail banks must rely on digitalization to succeed in a new growth area: real estate banking.
Bank Watch Number of ATMs down by 4% in 2019 Last year, France lost 2,135 ATMs. According to a report by the Banque de France, this loss was most marked in large cities.
Bank Watch What impact has the Covid-19 crisis had on French purchasing power? The latest CSA/Cofidis Barometer reveals the impact of Covid-19 on French purchasing power. They are now giving priority to savings.
Banking News Life insurance: outflows of almost 5 billion euros in the 1st half of the year Figures published by the FFA reveal that the life insurance sector recorded an outflow of almost 5 billion euros in the 1st half of 2020.
Bank Watch French households: spirits down, savings up Household confidence in the economic situation fell in July, according to Insee. The trend towards savings could continue.
Banking News Livret A: high net inflows in July Net inflows into Livret A passbook savings accounts reached almost 2 billion euros in July. A high level for this time of year.
Bank Watch Swile raises 70 million euros to conquer new markets Start-up Swile has raised 70 million euros. The funds will be used to finance its strategic repositioning in a difficult market.
Bank watch Memo Bank authorized to offer credit to SMEs Memo Bank has just obtained its banking license. It is the first neobank authorized to offer credit to businesses.
Bank Watch Vybe, the neobank for Generation Z Created in July 2019, Vybe plans its official launch in September, and has announced that it has raised 2.2 million euros from private investors.
Banking watch Crédit Agricole Group acquires fintech Linxo The Crédit Agricole Group recently finalized its acquisition of fintech Linxo, in which it now holds over 85% of the capital.
Bank Watch The African Development Bank finances several infrastructure projects Aware that Africa needs to develop its infrastructure, the AfDB has financed several large-scale projects in recent years.
Bank watch What to do in the event of IBAN discrimination? Many neobanks encourage users to report organizations that refuse to accept their IBAN. However, this practice is illegal.
Banking watch Nickel launches in Spain The subsidiary of the BNP Paribas banking group has just announced its launch "at the end of the summer" in Spain. The aim is to open 700,000 accounts by the...
Banking watch European Commission refuses to lower interchange fee ceilings To convince banks to take part in the EPI (European Payments Initiative) project, the European Commission believes that interchange fees should be maintained at their current levels.
Banking watch Likvido raises 2.5 million euros to reduce unpaid invoices for SMEs Danish startup Likvido offers SMEs an automated solution for managing, dunning and collecting invoices. The company aims to expand internationally.
Bank Watch Collaboration with Fintech a success for most French banks 89% of global financial institutions and 86% of French banks see collaboration with fintechs as a lever for success.
Banking Watch French startups raised 455 million euros in H1 2020 The Covid-19 crisis does not seem to have affected the pace of fundraising by French fintechs.
Bank Watch France's GDP plunged 13.8% in Q2 2020 In the second quarter of 2020, France's GDP plunged 13.8% due to the health crisis and containment measures.
Bank Watch The euro soars since the announcement of the European recovery plan The euro has reached $1.16, a level not seen since 2018. The reason: a more united image of Europe for foreign investors.
Banking watch Fintech SolarisBank raises 60 million euros SolarisBank continues to grow. The fintech has just announced that it has raised €60 million, valuing the company at €320 million.
Bank Watch A further fall in mortgage rates in May After an increase in April, the fall in mortgage rates is confirmed. This may be a lasting sign of recovery for the sector, which is cautious about the future.
Banking watch Bank profitability deemed too low by Banque de France At the end of 2019, French banks' profitability was still too low compared with European banks, according to the Banque de France.
Bank Watch Neobanks are still struggling to make a profit While the emergence of neobanks has brought about major upheavals in the banking and financial sector, their difficulty in generating positive net results since their inception is leading...
Banking News AFG proposes the creation of a savings account to finance companies The French Financial Management Association is currently in talks with the Ministry of the Economy to create a new savings account, Cedres.
Bank Watch Société Générale launches Banxup, an offer for young people Societe Generale is stepping up its digital strategy with its new "Banxup" banking application, in the face of the ever-growing number of neo-banks.
Banking watch Fraud linked to new payment methods on the rise The 2019 report from the mediation service at the French Banking Federation notes an increase in scams linked to new payment methods.
Banking watch Startup Lydia offers a consumer credit service The friend-to-friend payment app has decided to extend its range of financial services with a consumer credit offer.
Bank Watch Société Générale announces the acquisition of Shine, a neobank for professionals Société Générale has announced the acquisition of Shine. With this move, the traditional bank aims to complete its offering for professional and very small business customers.
Bank Watch Carrefour loyalty card integrated into Apple Wallet The Carrefour loyalty card is now accessible via Apple Pay, marking the company's first partnership with a major European retailer.
Banking watch Green-Got: an account to finance the ecological transition The Green-Got neobank will offer a range of products designed to reduce and offset banks' carbon footprints and finance environmental projects.
Banking watch French banks attracted by Mozambique's gas projects Several large-scale gas projects are currently underway in Mozambique. Despite criticism, French banks see an opportunity.
Banking watch 16 banks announce the launch of pan-European payments 16 European banks have paved the way for the future launch of EPI. What does this unified pan-European payment solution actually involve?
Bank watch Crédit Agricole launches Blank, a neobank for professionals Crédit Agricole is targeting the self-employed market with the launch of Blank, a neobank dedicated to professionals.
Bank watch Société Générale launches instant digital bank card Société Générale offers an instant digital card automatically generated on the iPhone in the event of theft or loss of a physical bank card.
Banking watch SumUp E-shop Start: a new solution for creating an online store European fintech SumUp recently presented a simple, intuitive solution for merchants to create their own online store.
Bank watch The ECB wants to get involved in the fight against climate change The head of the European Central Bank has announced her intention to explore all possible avenues in the fight against climate change.
Bank Watch AMF and ACPR warn of growing number of financial scams Faced with worried French people who have saved a lot, financial scams are on the increase. The AMF and ACPR renew their calls for caution.
Banking watch ByteDance wants a banking license ByteDance, publisher of TikTok, has been growing fast since the start of the year. The Chinese company is now seeking a banking license.
Banking News The financial internationalization of the euro remains stable The euro is struggling to establish itself outside the Monetary Union, in the face of the dollar's supremacy. In particular, the currency is suffering from European divisions.
Bank Watch Corporate debt, a major concern for banks Risks to the financial system have increased. Rising corporate indebtedness is at the top of the banks' list of concerns.
Banking Watch Mastercard launches Fintech Express to support European startups Mastercard launches Fintech Express, a new program to support innovative European digital payment startups.
Banking watch PRI confronts the problem of "greenwashing The PRI are a great success. However, they are now faced with the problem of greenwashing.
Banking watch BPE, La Banque Postale's private bank, accelerates growth La Banque Postale's private banking subsidiary has doubled its assets under management in 5 years and intends to accelerate its development.
Bank Watch Life insurance suffered an outflow of 2.2 billion euros in May Life insurance inflows fell sharply during the confinement period, with an outflow of -2 billion euros in May 2020.
Banking News EBITDAC, a new financial indicator born of the health crisis EBITDAC is a new financial indicator born of the Covid-19 crisis. It makes it possible to present a company's results while erasing the impact of the crisis.
Banking watch The French have deposited 22.4 billion euros in Livret A and LDDS savings accounts Since the start of the year, the French have deposited 22.4 billion euros in Livret A and LDDS passbook savings accounts.
Bank Watch British SMEs particularly threatened by the coronavirus crisis The UK is one of the countries suffering most economically from Covid-19. GDP could collapse by 35% in the 2nd quarter.
Bank Watch Banks fear an explosion in consumer credit defaults The Covid-19 crisis has had a major impact on consumer credit production. According to ASF figures, production collapsed by 68% in April.
Banking watch Banque de France encourages cross-border mergers between European banks The Governor of the Banque de France, François Villeroy de Galhau, would like to see an increase in the number of mergers between European banks in order to improve their profitability, which is significantly lower...
Bank Watch Banks flock to ECB's negative-rate long-term loans The European Central Bank has launched a "Targeted Long Term Refinancing Operation" (TLTRO), aimed at granting loans at negative interest rates to...
Bank Watch Neobanks still struggle to be profitable Following an initial analysis published in 2018, the Autorité de contrôle prudentiel et de résolution (ACPR) has examined the profitability of some fifteen neobanks in France and has...
Banking watch Complementary local currencies, an alternative means of payment Local currencies complement national currencies and are designed to boost the local economy in a limited area. In France today, there are some 80 such currencies, and...
Bank Watch French households saved 55 billion euros during containment French households saved a lot during containment, and the trend continued during decontainment. The total amount of these savings alone represents 3.3...
Bank Watch LegalTech: high-performance technologies at the service of lawyers LegalTechs - companies that use technology and high-performance software to offer a wide range of legal services - are attracting growing interest from legal professionals...
Bank Watch Only a quarter of bank head office employees returned to work "face-to-face". Although banks remained open during the lockdown, few employees returned to work at head offices and administrative sites. The situation is expected to change in...
Bank Watch BNP Paribas launches fingerprint-based bank card BNP Paribas has announced the launch of its biometric bank card this autumn. All you need to do is place your fingerprint on the card to validate the transaction.
Bank watch Home loans: authorities confirm tightening of borrowing conditions Last December, the Haut Conseil de Stabilité Financière (High Council for Financial Stability), chaired by the French Finance Minister, issued recommendations concerning the granting of home loans. At its...
Bank watch Where do banks stand in implementing the RGPD? Having come into force on May 25, 2018, the General Regulation on the Protection of Personal Data (RGPD) is celebrating its 2nd anniversary. An opportunity to take stock of its...
Bank Watch The main misconceptions about online banking Having appeared on the market some twenty years ago, online banks are still struggling to make their mark against traditional banking establishments. In fact, they...
Banking watch Covid-19 crisis accelerates banks' digital transformation The coronavirus pandemic has prioritized digital projects and, more broadly, helped accelerate the digital transformation of organizations, particularly banking establishments.
Banking Watch French banks increasingly in favor of Open Banking Mandatory since January 2018, Open Banking involves banks sharing their data with other financial players. A recent report by fintech Tink analyzes the perception...
Bank Watch InfraVia Growth Fund: a new French investment fund for tech startups A new French investment fund, the InfraVia Growth Fund, has been set up to support tech startups. The fund plans to raise 500 million euros to finance players in the...
Bank Watch BNP Paribas accelerates its complete withdrawal from coal Europe's leading bank in terms of assets and market capitalization, which had announced the complete cessation of its financing of the thermal coal sector in...
Bank watch BPCE abandons Paylib contactless mobile payment service For BPCE, it's the end of the contactless mobile payment service Paylib. The Caisse d'Épargne and Banque Populaire are discontinuing the service, for reasons...
Banking Watch Italian banks experiment with Blockchain to cut costs Last April, 32 banks belonging to the Italian Banking Association (ABI) put a Blockchain application into production to detect and correct errors in time...
Banking Watch Will Big Tech compete with financial players? Big Tech is stepping up its initiatives in the financial services sector. Current account projects for Google and Amazon, virtual currency for Facebook, credit cards for...
Banking watch Covid-19 crisis accelerates development of cashless payments in Africa The Covid-19 crisis has accelerated the development of digital payments in Africa. On a continent with a wide variety of cashless realities, authorities and retailers have...
Banking News EBA wants to strengthen arrangements to combat dividend tax evasion On May 12, 2020, the EU's independent authority unveiled an action plan to strengthen arrangements to combat dividend tax evasion.
Banking watch ECB asks banks to integrate climate risk The European Central Bank (ECB) has launched a public consultation on a guide to climate and environmental risks, in which it invites banks to...
Banking watch Carrefour Banque discontinues its C-Zam banking offer Carrefour Banque has announced that it will stop marketing its C-Zam offer and close bank accounts on July 15. With only 120,000 accounts...
Bank Watch European banks to return to pre-crisis levels by 2024 The future looks bleak for European banks faced with the risk of corporate bankruptcies, whose revenues are set to fall by between 2% and 8% by the end of 2020, according to...
Banking watch What does the post-Covid-19 future hold for fintechs? Fintechs, like the financial sector as a whole, have been impacted by the Covid-19 health crisis. However, despite the economic upheavals and a return to normality that is still...
Banking watch The government reinforces the system for capping bank charges To protect the most vulnerable from rising bank charges, the government has decided to strengthen the scheme introduced in 2018.
Bank Watch Banque de France launches a call for projects to test a digital currency The Banque de France began work on a digital currency project last year. Despite the current crisis, it is continuing its preparations, and is launching a call for...
Bank Watch Coronavirus crisis causes turmoil in French banks Health containment has major repercussions that could ultimately upset the banking sector. Banks are gearing up for a year of uncertainty.
Banking News US banks' market share of syndicated loans in Europe declines sharply As they did during the 2008-2009 financial crisis, the Wall Street giants seem to be deserting the European market. Over the past ten years, these players have been steadily...
Banking News Banks strengthen their prudential capital buffer After more than two months of crisis, several banks have issued debt to strengthen their balance sheets. This is notably the case for RBS, Deutsche Bank and Bank...
Bank Watch Why will banks take up less square footage? The coronavirus pandemic and containment have given rise to new uses. They concern both employees, with the development of telecommuting, and customers, with the...
Bank Watch Wall Street bankers could see their bonuses plunge by up to 30% in 2020 Wall Street bankers are not spared by the Covid-19 crisis, and could see their bonuses plunge by as much as 30% this year compared to...
Banking watch Bercy reinforces its support for credit insurance After introducing a number of emergency measures to support the economy, the French government has decided to provide guarantees to credit insurers, so that they can provide greater protection for their business customers.
Bank Watch Tax fraud: the identities of 40,000 UBS clients to be handed over to the tax authorities In the next few days, banking information on current and former UBS clients will be transmitted to the French tax authorities. Some of them are suspected of tax fraud.
Bank Watch Jackpotting", a new technique for hacking ATMs Several individuals suspected of belonging to an international "jackpotting" organization were arrested in France on May 12. They were attempting to damage a cash dispenser...
Banking News The UK negotiates its first negative-rate bond issue For the first time, the UK has issued debt with a negative yield. However, these sub-zero yield bonds are not discouraging investors,...
Bank Watch Bercy broadens eligibility criteria for state-guaranteed loan In an order dated May 6, 2020, the Ministry of the Economy and Finance has revised the criteria for granting state-guaranteed loans. Certain companies hitherto excluded from the...
Banking watch Tourism: government-backed loans with higher ceilings The tourism sector has been hit hard by the coronavirus crisis. It came to a complete standstill between March and June, but is now benefiting from various government measures...
Bank Watch Alan raises 50 million euros to accelerate international expansion The young French start-up offering complementary health insurance online has just closed a new round of financing of 50 million euros to expand...
Bank Watch Libra has announced the appointment of its first managing director The Libra association, in charge of carrying out the digital currency project initiated by Facebook, has announced the appointment of its first managing director through a...
Banking watch Fintech solidarity initiatives to cope with Covid-19 Fintechs' business model, which is essentially based on transaction fees, has been weakened by the drop in activity linked to the introduction of containment. To build customer loyalty...
Banking Watch Towards closer collaboration between banks and fintechs? Banks and fintechs are still finding it hard to work together, according to a recent study published by Capgemini and Efma. Of the 60 banking establishments surveyed, only 3 were capable of...
Bank Watch Facebook changes strategy for its Libra project Under pressure from regulators, the association that brings together Facebook and its partners has presented a new, less ambitious version of its virtual currency project.
Bank Watch BNP Paribas announces results down 33% in Q1 The euro zone's leading bank by assets saw its earnings melt away in the 1st quarter of 2020, penalized by a significant rise in the cost of risk...
Bank Watch Home loan volumes fell in March Not since June 2019 have banks lent so little money to borrowers. The fall in lending volumes in March is not just a result of the...
Banking watch Christine Lagarde proposes to modernize the Stability and Growth Pact In an interview, Christine Lagarde, President of the European Central Bank (ECB), welcomed the 500 billion euro stimulus package proposed by Germany and France....
Banking watch State-guaranteed loans: real support or time bomb? State-guaranteed loans were set up as an emergency measure to help companies cope with a sudden drop in sales...
Bank Watch Will the French household savings rate continue to rise? Livret A and Livret de développement durable et solidaire savings account inflows hit a record high in April, thanks to the confined...
Bank Watch Success for contactless payment since the ceiling was raised to 50 euros In recent weeks, consumers have favored contactless payment at checkouts. A 15% increase in usage was noted 3 days...
Banking watch Should you invest in Bitcoin after the coronavirus crisis? The health crisis has sent the markets into a tailspin, leading many investors to seek safe-haven assets such as gold. More and more are also considering crypto-currencies...
Banking watch How are neobanks attracting entrepreneurs? Since they first appeared on the market, online banks and neobanks have become increasingly interested in the self-employed, a clientele often neglected by traditional banks.
Bank watch Crédit Agricole triples provisions for Covid-19 crisis The listed entity of the mutualist group has tripled its provisions to anticipate future risks linked to the coronavirus crisis. These provisions have had an impact on earnings, which...
Bank Watch 20% of French people may no longer physically visit their bank branch after the crisis Confinement has been an opportunity for many savers to familiarize themselves with mobile or online banking. As a result, more than one in five French people...
Bank Watch Banks step up provisions to cope with payment defaults Anticipating a sharp rise in customer defaults, banks have just set aside 40 billion euros, a 10-year record.
Bank Watch Societe Generale posts heavy Q1 loss Societe Generale has announced a loss of 326 million euros in Q1 2020. The French bank was penalized by falling markets and rising...
Bank Watch Online banks won't charge inactivity fees during lockdown A number of online banks have decided to review the conditions under which their bankcards are free of charge during confinement, following a drop in the number of transactions.
Banking Watch The impact of Blockchain on banking businesses Banks have begun to deploy Blockchain in certain activities. Indeed, most players agree that this technology holds significant potential for...
Bank Watch Rising mortgage rates confirmed Mortgage rates stood at 1.17% in April, compared with 1.15% in March, a slight rise marked by the market's collapse in the face of the crisis...
Banking watch Fintech Nalo announces rising returns for 2019 Last February, the French fintech announced returns in excess of 30% for 2019. This performance can be explained by the investment method used by Nalo,...
Bank Watch Banks don't want to resort to short-time working Since May 1, sick leave to care for children has been automatically converted into short-time working, a problem for the banks, which were committed to...
Bank Watch GAFA, a threat to the banking sector? Following in the footsteps of Apple and Facebook, Google has announced its intention to enter the banking sector. These players could weaken the profitability of banks, which has already been in decline since 2008.
Bank Watch BNP Paribas launches a zero-interest loan offer for students While the Covid-19 epidemic and containment measures have put many companies in dire financial straits, this is also the case for students, many of whom have had to...
Bank watch Bpifrance launches government-backed loans for active customers Bpifrance, the French state-owned investment bank, is announcing that it will be marketing government-backed loans, using them as a relay to the Atout loan launched at the start of the crisis...
Bank Watch German Constitutional Court calls ECB to account The German judiciary recently asked the European Central Bank to justify its anti-crisis policy pursued since 2015 believing that certain parts of the ECB's asset purchase program...
Bank Watch iBanFirst launches the 1st hidden bank charges simulator for businesses iBanFirst has just launched its own online simulator to help companies identify "undue" charges. This tool shows the...
Banking watch Covid-19: Beware of fraudulent appeals for donations! In times of crisis, scams are on the increase, and the coronavirus pandemic is no exception. False appeals for donations are multiplying, launched by swindlers...
Bank Watch Contactless payment limit raised to 50 euros All banks have made remote updates to enable their customers to pay up to 50 euros for purchases using contactless payment. According to...
Banking watch The rise of new payment methods In recent years, the retail sector has evolved rapidly to meet consumer expectations. Payment solutions are one of the innovations introduced by...
Banking watch Crédit du Nord launches Prismea, its neobank for professionals Crédit du Nord Group announced on December 11, 2019 the launch of Prismea, a neobank dedicated to professionals. The bank intends to set itself apart by focusing on...
Bank Watch 2020: another record year for SCPIs? SCPIs are very popular with savers because of the stable, high returns they provide. In 2019, according to the Institut de l'Épargne Immobilière...
Banking watch European funds : Investors withdrew almost 290 billion euros in March In March, European open-ended funds recorded a historic outflow. No type of fund was spared, from active ESG and non-ESG funds to ETFs.
Bank Watch Robo-advisors seek to reassure investors in the face of Covid-19 Faced with the Covid-19 crisis, robo-advisors are trying to reassure their customers in their decision-making by communicating transparently and recommending caution.
Banking watch The European Union imposes greater transparency on cross-border transactions As of April 19, 2020, payment service providers are required to disclose to consumers the cost of international transactions, whether a payment or a...
Banking watch Recourse to credit mediation accelerates with the Covid-19 crisis With the Covid-19 crisis, recourse to credit mediation, which helps companies facing financial difficulties, has accelerated sharply in France, at the...
Bank Watch How are lending platforms handling the Covid-19 crisis? The Covid-19 epidemic has plunged the participatory finance sector into an exceptional situation that could not be anticipated. What initiatives have been put in place by...
Banking watch Can banks cope with the credit risk associated with the Covid-19 crisis? As the coronavirus pandemic continues to spread, banks are struggling, and their ratings could be downgraded by the rating agencies.
Bank Watch Containment measures cost the French economy 120 billion euros French GDP was reduced by 32% during the containment period, equivalent to 5 points of GDP over the year as a whole. The recovery of...
Bank watch Fighting financial cybercrime: a top priority for Tracfin As it does every year, Tracfin has published its new report analyzing the main cases of fraud and emerging risks. Bercy's financial intelligence service...
Banking watch Société Générale launches "Kapsul", a banking offer at 2 euros a month Société Générale recently announced the launch of a low-cost offer at 2 euros per month, modelled on those of neo-banks and aimed primarily at young people.
Banking watch PEA and PEA-PME: fees capped from July 2020 From July 1, PEA and PEA-PME fees will be reduced, as provided for in a decree dated February 5, 2020 in application of the PACTE law.
Banking watch Equity financing platform Anaxago becomes a private neobank Anaxago, which has until now specialized in participatory financing, recently switched to the private neobanking model with the launch of "Anaxago Patrimony".
Bank Watch Bank branch closures in France accelerate Between 2009 and 2016, nearly 15% of bank branches closed in France, according to the French Banking Federation. This phenomenon is mainly linked to the digitization...
Banking watch SME IPOs are often disappointing A recent study reveals that depending on whether IPO candidates are classified as small-cap or large-cap, their medium-term stock market performance...
Banking watch The French hold a record amount of cash Current accounts and cash holdings are at an all-time high. They now total 603.8 billion euros, compared with 302.7 billion euros for Livret A passbook savings accounts....
Bank Watch Nalo announces the launch of a low-volatility portfolio in partnership with BlackRock In February 2020, fintech Nalo announced the launch of a low-volatility portfolio targeting higher returns than euro funds and passbooks. It will be...
Bank watch La Banque Postale tightens the rules for depositing cash at the counter La Banque Postale has introduced new rules for depositing cash at its counters. From now on, it will no longer be possible to deposit cash for...
Bank Watch ATM withdrawals could soon cost more The interbank withdrawal fee (CIR) increased by 56% on January 1 to 89 centimes, according to the newspaper Les Echos. This increase is bound to...
Bank watch Bank charges: stable rates in 2020, but unreadable according to UFC-Que Choisir According to the results of a CCSF study, bank charges will remain fairly stable in 2020. On the other hand, they are "even more illegible" for the consumer association...
Banking watch Fintech Famoco strengthens its position in Africa and in payments Famoco, the company specializing in payment terminals, has recently obtained substantial backing from the European Investment Bank to strengthen its offerings and...
Banking watch Asset management: What are the trends for 2020? After decades of consecutive growth, assets under management have fallen by 4% worldwide. Asset managers will have to adapt if they are to prosper in...
Bank watch Crédit Agricole acquires bank account aggregator Linxo The Crédit Agricole Group recently announced that it had acquired an 85% stake in Linxo, the leading bank account aggregator. The fintech will help the green bank...
Bank Watch Crédit Mutuel posts record profit and hires despite low rates In 2019, the Crédit Mutuel group posted a historically high net profit of €3.86 billion compared with €3.58 billion in 2018, an increase of almost...
Bank Watch Finance: insufficient representation of women in management bodies The European Banking Authority (EBA) is calling on financial institutions to redouble their efforts to promote diversity within their management teams. Indeed, the proportion of women...
Banking Watch Banks expand their collaboration with fintechs to strengthen their position in Open Banking Since PSD2 came into force, banks have been obliged to make their payment data accessible. To strengthen their position in Open Banking, some of them have developed...
Bank watch Mortgages: Rates rise again in April While banks have reduced their activity, brokers are observing a sharp rise in mortgage rates in April, in the midst of the health crisis.
Bank Watch French GDP collapses by 6% in the first quarter of 2020 The Banque de France has announced that the French economy lost almost a third of its activity, with GDP falling by around 6% in the first...
Bank watch Livret A: Record deposits despite historically low interest rates Despite very low interest rates, Livret A deposits rose by 4 billion euros in January. This makes it the fourth-best savings account...
Bank Watch Can the coronavirus be transmitted by banknotes and coins? Since the start of the coronavirus epidemic, one question has come up regularly: are banknotes dangerous? If the Governor of the Banque de France, François...
Bank Watch Toxic loans: heavy sentence for BNP Paribas Personal Finance BNP Paribas' main credit subsidiary has been convicted of "misleading commercial practices" and "concealment" of this offence. It must pay a fine of...
Bank Watch Are banks strong enough to weather the current health crisis? The rules put in place during the 2008 crisis are helping European banks to cope with the economic shock caused by the Covid-19 pandemic.
Bank Watch Court ruling clarifies the legal status of bitcoin loans On February 26, the Nanterre Commercial Court ruled that the loan of bitcoin was a "consumer loan", considering that bitcoin...
Bank Watch Banking mobility: changing bank remains complicated The bank mobility scheme has been strengthened by the Macron law applied since February 2017, notably via the creation of a mandate enabling customers to delegate certain...
Bank Watch Companies urged to reduce dividend payments Bruno Le Maire, the French Minister of the Economy and Finance, is calling on all companies to reduce their dividend payouts, including those that will not be requesting public aid in...
Bank watch Coronavirus: requests for government-backed loans soar To help companies affected by the health crisis linked to the Covid-19 pandemic, the government announced on March 25 that it was setting up a...
Banking watch From traditional banking products to customized sales Offering traditional banking products is no longer enough for financial institutions. They now need to diversify and personalize their offerings. Here's how it works.
Bank Watch Banque Casino passes the 3 million customer mark Banque Casino is reporting strong growth and good results for 2019. It now has more than 3 million customers, and a large proportion of its...
Banking watch Banking incident fees: are banks meeting their commitments to fragile customers? At the end of 2018, in the midst of the yellow vest crisis, banks committed to capping banking incident fees at €25 per month for customers considered...
Banking watch Covid-19: the French government asks banks for support To cope with the health and economic crisis linked to Covid-19, the French government has asked all banks to stand up and support their customers. An overview...
Bank Watch The proportion of indebted households continues to rise Even though the number of cases referred to the debt commission is falling, the issue of overindebtedness continues to cause concern due to the new profile of the people concerned.
Banking News French annual growth at half-mast in 2020 As the coronavirus health crisis spreads across France, an economic crisis is underway. What will happen to growth in 2020?
Banking watch ECB to simplify bank mergers The European Central Bank (ECB) is set to relax bank merger regulations in order to consolidate the sector.
Banking watch Government to simplify access to Livret d'Epargne Populaire savings accounts Bercy believes that the LEP, which earns higher interest than the Livret A, is under-utilized, and that access to it will be simplified in order to increase the number of...
Bank Watch Towards a ban on cash-only stores in New York In New York City, as in many other major U.S. cities, many stores refuse to accept cash. A proposed law aimed at banning this practice, known as "cashless shopping",...
Banking watch Brexit: what consequences for banks? Banks still have 10 months to prepare for Brexit and serve their European customers. This transition period will force financial institutions to adapt to new...
Bank Watch Bpifrance creates a new fund to support French listed companies Bpifrance, the French state-owned investment bank, has announced the creation of a new fund called "Lac d'Argent", designed to support the capitalization of major French companies.
Banking watch Businesses: Tips to reduce and limit overdue payments Late payments and unpaid invoices put a strain on a company's cash flow. These situations can lead to the loss of development opportunities, or even to bankruptcy.
Banking Watch The French prefer bank advisors to robo-advisors A recent study by Next Content/CGI reveals that bank advisors remain "the most reliable source of information" when it comes to finding...
Bank Watch Worldline announces takeover of Ingenico to become a payments giant Worldline, a former subsidiary of Atos, has announced the acquisition of Ingenico, the long-standing specialist in payment systems and terminals, as part of a 7.8 billion euro mixed offer.
Bank watch La Banque Postale partners with Western Union On January 28, Western Union and La Banque Postale announced a partnership to integrate the cross-border money transfer and currency exchange platform...
Bank Watch Focus on the digital performance of French retail banks in 2019 Rating agency D-Rating has published a study on the digital performance of retail banks. While in 2017, 39% of banks offered online services...
Banking watch Monese passes the 200,000-customer mark in France At the Paris Fintech Forum held at the Palais Brongniart at the end of January, British neobank Monese gave an initial assessment of its launch in France. The...
Banking watch What does the future hold for bank account aggregators? Linxo, Budgea, Bankin', Max... There are a growing number of account aggregators on the market. However, a recent study shows that the services they offer are struggling...
Banking News Digit automates customers' savings and bill payments Founded in San Francisco, Digit identifies its users' main spending items and saves for them using algorithmic transaction analysis.
Bank Watch Commerzbank announces net profit down to 644 million euros in 2019 The German bank recently announced a decline in annual net profit to €644 million in 2019, compared with €862 million the previous year. This was due in particular to...
Banking watch Brexit: N26 leaves the UK market 18 months after launching on the UK market, N26 has indicated that it will give it up, citing Brexit. Its users' bank accounts will be closed...
Banking watch iGaming and online casinos: Towards an evolution in payment methods In 2019, the iGaming and casino sector generated sales in excess of $75 billion. On a global scale, this revenue is expected to pass the...
Banking watch Can banks get round banking secrecy? Address, income, expenses, hobbies... Banks know almost everything about their customers. But do they have the right to exploit this information for their own benefit? How is banking secrecy regulated?
Bank Watch Fake online banks: Beware of scams! The French banking regulator, the Autorité de contrôle prudentiel et de résolution (ACPR), is alarmed by the proliferation of fake online banks. In all, more than 60 illicit sites have been pinpointed since the...
Bank Watch Corporate income tax: flexibility for companies in difficulty Bercy has announced a number of measures designed to facilitate the payment of corporation tax by companies in difficulty.
Bank Watch HSBC France puts its retail bank up for sale Faced with restructuring in recent years, HSBC is putting its retail bank in France up for sale in a bid to turn things around. Here are the details.
Bank Watch Stripe presents its new royalty-based payment solution After announcing a new $250 million fund-raising round last September, fintech Stripe has launched a payment solution aimed at...
Bank Watch Banks lent 258 billion euros in 2019 for home loans While the authorities have asked banks to cut back on home loan production, they nevertheless lent 258 billion euros in 2019.
Banking Watch French fintech steps up efforts to catch up with Germany and the UK The 2020 mapping of French fintechs, carried out by management company New Alpha and consulting firm Exton Consulting, reveals a considerable increase in the number of funds raised...
Banking watch France's most successful fintechs make their mark on the market French fintechs are still a long way behind the United States, but they have nothing to be ashamed of. The most innovative have gained in maturity and are attracting more and more...
Banking watch Fintech and banks: a new form of collaboration Banks have long regarded fintechs as competitors likely to take their place. Today, with the development of "tech for fin", these two...
Banking Watch Italy's fintech market on the rise The Italia Fintech organization, which brings together Italy's fintech players, is observing rapid market growth and consolidation. The year 2020 should be decisive for the...
Banking watch French banks to undergo climate stress tests from 2020 As announced by the Governor of the Banque de France at the fifth Climate Finance Day, French banks will soon be subject to climate stress tests....
Bank Watch Euler Hermes and Moment join forces to combat late payments Euler Hermes and Moment have decided to join forces to help very small businesses get paid on time, thus preventing collection operations and the payment of compensation...
Banking watch iBanFirst acquires German startup Forexfix Financial services provider iBanFirst is expanding in Central Europe with the acquisition of Forexfix, a German startup specializing in the foreign exchange market.
Bank Watch DBS Wealth strengthens strategic partnership with Avaloq DBS Wealth Management, the wealth management division of DBS Bank, will now rely on the Avaloq platform to provide a more efficient service to its customers.
Bank Watch SWIFT corporate customers now have access to KYC Registry SWIFT, the world leader in secure financial messaging, recently announced the opening of KYC Registry to companies connected to its network, a service that enables them to manage...
Bank Watch Younited Credit: break-even point now reached Younited Credit is experiencing a phase of accelerated growth, linked in particular to the second European Payments Directive and the success of its B2B service, Younited Business Solutions....
Banking Watch Banking as a Service: fintechs attract more and more players Fintechs offering Banking as a Service have rapidly become indispensable. Offering their payment services, and increasingly their banking as a service offers, fintechs are...
Banking Intelligence Scorable develops a credit risk analysis solution based on Artificial Intelligence Scorable enables asset managers to assess the risk of a bond investment. A few months after its launch in Germany, the startup plans to expand into the French market.
Bank Watch DreamQuark raises 14 million euros to develop its AI for banks and insurers Last December, startup DreamQuark, which specializes in AI technologies applied to the world of banking and insurance, announced that it had raised 14...
Banking News French bankers optimistic about the development of Open Banking According to a study published in December 2019, 59% of French banks consider Open Banking to be a positive development, compared with 55% on average across Europe.
Banking watch Retail banking and low-cost offers: what you need to know The arrival of numerous neobanks and the low-cost offerings of the major banks are changing the banking landscape. Find out more about the differences in retail banking services.
Bank Watch Bred fined for non-compliance with Emir regulations on derivatives On January 27, the AMF, the French Financial Markets Authority's Enforcement Committee, fined BRED 500,000 euros for failure to comply with the Emir regulation...
Banking Watch Finance Innovation: Libeo wins the 2019 "Fintech of the Year" award In December 2019, Libeo, a startup specializing in supplier invoice payment for VSEs/SMEs, was awarded the 2019 "Fintech of the Year"...
Banking watch Neobanks continue to grow and become challenger banks The latest version of the "Panorama des néobanques en France" study, published by Stéphane Dehaies in partnership with Ipsos, confirms that neobanks are continuing to grow, and are becoming...
Banking watch Cyber attack on major US bank could weaken banking system The Fed, the US central bank, recently published a report on the consequences of a cyber attack on the banking system. The consequences are alarming, and reveal that a cyber attack...
Banking watch Technological advances simplify corporate tax procedures A recent study shows that the tax burden on French companies remained stable in 2019. Thanks to technological advances, the time spent by companies...
Banking Watch Ten European gas pedals join forces to develop fintech abroad Ten European gas pedals have decided to join forces to promote exchanges between startups and major corporations, and help them create partnerships. This is the first time...
Banking watch Bank advisor: do we still need one in 2020? At a time when most banking services have been digitized, the question of having a bank advisor really comes to the fore. But what is the reality? Is it still essential? Elements...
Bank Watch Beware of online financial investment scams The Internet is a haven for online financial investment scams. Find out how to spot them early and what advice you should follow to protect yourself.
Bank Watch Risk control: the ECB slams its fist down on the table The European Central Bank is naming 6 European banks that are failing to meet its capital management and internal risk control requirements.
Banking watch Fintech Bizao aims to develop mobile payment in Africa Founded in 2017 by Aurélien Duval-Delort, Bizao aims to accelerate mobile payment in Africa by offering a single platform connecting operators and merchants.
Bank Watch When the ECB joins the fight against climate change Climate change is everyone's business. This is an opportunity for the European Central Bank to provide real leverage and play a leading role...
Banking watch Lemon Way and HelloAsso create a joint offering dedicated to sports federations Lemon Way has announced its intention to strengthen its partnership with HelloAsso to launch a joint offering to support the digital transformation of sports federations...
Banking News Santander banking group invests 400 million euros in Ebury Santander has invested around 400 million euros in Ebury, a British fintech. Thanks to this transaction, the Spanish bank hopes to strengthen its range of services dedicated to...
Bank watch 2020 bank fees on the rise After the government-ordered freeze on bank charges in 2019, find out which banking services are set to rise this year.
Bank Watch Virgil raises 2.1 million euros to help young people become homeowners In response to soaring property prices, startup Virgil offers future buyers a capital contribution in return for co-ownership of the property they purchase.
Banking watch The Nickel neobank begins its international launch Having made its name change official, Nickel is now stepping up a gear. The neobank plans to launch in Spain next spring.
Banking intelligence Ivalua, the new French unicorn? Ivalua, a specialist in computerized purchasing, is estimated to be worth over a billion dollars, and is claiming the title of French unicorn. We take a closer look.
Bank Watch Ant Financial plans to raise $1 billion in startups based in India and Southeast Asia China's Ant, the financial arm of e-commerce giant Alibaba, plans to invest in Asian startups specializing in online payments and financial services.
Bank watch Life insurance: Société Générale announces a rate of return of less than 1%. Insurers are gradually announcing the yields on their euro funds for 2019. On the bank side, Société Générale's rate crosses the 1% threshold...
Bank Watch 4 major Belgian banks pool ATM management BNP Paribas Fortis, Belfius, KBC and ING have joined forces to create a common ATM network and respond to the changing behavior of consumers.
Banking watch Changes to your savings in 2020 Find out about the changes and modifications concerning the various savings products from January 1, 2020: Livret A, LEP, creation of the PER (retirement savings plan).
Bank watch Monabanq now offers home loans: conditions and insurance To round out its range of loans, online bank Monabanq now offers mortgages. Find out more about their features, terms and pricing advantages.
Bank Watch The new Ditto platform at the service of your business and your customers Ditto has just unveiled the contours of its "Banking-as-a-Service" offering. The aim is to give fintechs targeting small and medium-sized businesses access to the latest...
Bank Watch JPMorgan: profits up by more than 20% in Q4 2019 The world's largest listed bank announced in early January that it had posted net profits up 20% in the final quarter of 2019, to 8.5 billion...
Bank Watch Paytweak launches a new dematerialized payment solution Based in Normandy and Paris, startup Paytweak has developed a new dematerialized payment solution for retailers. To pay for their purchases, customers...
Bank Watch 52% of French people find their account statements difficult to read Savers are increasingly consulting their account statements from their cell phones. However, the imprecise wording of some transactions makes them difficult to read.
Bank Watch BNP Paribas: digital initiatives to better meet customer expectations Shortly after the official presentation of Libra, the crypto-currency to be launched by Facebook in 2020, and at a time when neobanks are constantly improving their...
Bank Watch Hello Bank! aims to be profitable by 2022 BNP Paribas' mobile bank will be expanding its range of offerings in the coming months in order to become profitable. Since its creation in 2013, the neobank...
Bank Watch Savings: authorities report significant rise in online scams According to the latest annual report from the Autorité des marchés financiers (AMF) and the Autorité de contrôle prudentiel et de résolution (ACPR), online scams are on the rise....
Bank Watch Unicorn Brex boosts its valuation to $2.6 billion The American fintech, which offers a credit card for startups and SMEs, has just closed a $100 million round of financing....
Bank Watch PayFit raises 70 million euros to accelerate its development in Europe On June 17, PayFit announced its third round of financing, raising 70 million euros from its historical shareholders. The Paris-based startup aims to become the...
Banking watch Crédit Agricole to test biometric bankcards for 6 months Crédit Agricole is the second French bank to start testing a biometric bank card incorporating a fingerprint sensor.
Banking Watch Banks on the road to Open Banking The transformation of the banking sector continues. Open banking data, instant or invisible finance, market consolidation... Open Banking promises many technological advances.
Banking watch Customer experience : BNP Paribas takes inspiration from the web giants BNP Paribas is multiplying its innovative projects to achieve a quality of customer experience on a par with that of the GAFAs. To achieve this goal, the Group has already...
Banking Watch Visa and Natixis Payments present Xpollens, a new offering for fintechs Visa and Natixis have unveiled their platform integrating innovative payment solutions for fintechs: the Xpollens solution, complete with branded Payments in a box...
Bank Watch Founders Factory incubator opens in Paris BNP Paribas' mobile bank will be expanding its range of offerings in the coming months in order to become profitable. Indeed, since its creation in 2013, the neobank...
Banking News Arkéa and Max personalize the customer experience by leveraging the cloud Max, a 100% mobile app launched by the Arkéa group in 2018, will soon be equipped with new features to meet user expectations.
Banking watch Nickel launches campaign to combat banking desertification On June 18, neobank Nickel launched its campaign to combat banking desertification. The BNP Paribas subsidiary is committed to contacting tobacconists...
Banking Intelligence Millennials: how do they perceive banking in 2019? There are many candidates targeting this strategic clientele: online banks, traditional banks, neobanks... These players are evolving their offerings to meet the demands of Millennials.
Banking watch French fintechs raise 354 million euros in 6 months In the first half of 2019, French financial startups raised €354 million through 39 deals, compared with €370 million over the whole...
Bank Watch Startup Bleckwen raises 8.8 million euros to accelerate growth Bleckwen, a company specializing in the detection and prevention of payment fraud, has just announced that it has raised €8.8 million to accelerate its...