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zvoove expands footprint in Europe with acquisition of leading External Workforce Management Player in France, DirectSkills

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LOHNE, Germany and PARIS, April 25, 2024 /PRNewswire/ — zvoove, the leading provider of digitalisation solutions for the temporary staffing and cleaning services industries in Europe, has announced its acquisition of DirectSkills, a leading provider of External Workforce Management solutions for the French temporary staffing industry. This marks zvoove’s first strategic acquisition in France, solidifying its position as the dominant force in the temporary staffing industry across Europe.

zvoove has established itself as the leader in the temp staffing markets in Germany, the Netherlands, Switzerland, and Austria, offering unparalleled SaaS and AI-based digitalisation solutions and services to their clients: temporary staffing agencies and corporate customers. With the acquisition of DirectSkills, zvoove is extending its reach into the French market, showcasing its commitment to providing comprehensive staffing solutions throughout Europe.

CEO of zvoove, Oliver Muhr, commented on the acquisition, stating, “We are thrilled to welcome DirectSkills to zvoove. This strategic move aligns with our vision of expanding our presence in key European markets. DirectSkills brings invaluable expertise, boasting an unrivalled market presence in France by connecting with 99% of all French temporary employment agencies and facilitating over €3bn invoice volume on its platform. With DirectSkills’ credentials and our shared commitment to digitising the temp staffing industry, we are poised to deliver even greater value to our clients and drive innovation across the temp staffing ecosystem.”

The French temporary staffing market ranks among the largest in Europe and shows consistent growth. With their solutions, DirectSkills’ customers – including Auchan, Daher, Eiffage, GEODIS, and STEF, some of Europe’s most prestigious companies – manage around 300,000 temporary workers annually and process approximately €2 billion in payroll through DirectSkills’ platform. DirectSkills’ software solution, predicated on its self-billing and self-invoicing functionalities, digitizes and automizes key processes between corporate customers and their temporary staffing suppliers.

DirectSkills views this acquisition as a catalyst for growth and market expansion. CEO and Founder, Francois Chauvin, expressed enthusiasm about joining forces with zvoove, saying, “Becoming a part of zvoove represents a significant opportunity for us to accelerate our growth and enhance our service offerings. We believe that partnering with the number one software vendor in the temporary staffing market in Europe will enable us to reach new heights and deliver exceptional value to our clients, within France and beyond.”

The acquisition reflects zvoove’s strategic vision to strengthen its position as a prominent player in the French market while providing DirectSkills with the resources and support needed to fuel its growth ambitions. This strategic move once again reaffirms zvoove’s commitment to driving innovation and delivering unparalleled solutions to the global temporary staffing industry.

 

About zvoove

zvoove is the market-leading provider of cloud solutions for temporary staffing and cleaning service providers in Europe. In a dynamic ecosystem of temporary staffing agencies, temporary workers, and corporates, zvoove digitises and optimises processes for more efficiency and competitive advantages. Through end-to-end digitalisation for service providers, more job offers and career opportunities for employees and reliable workforce for corporates zvoove improves the world of work. Around 5,500 customers trust in zvoove. Today, they manage over 2.3m workers, EUR 16 bn in annual payroll and about two million applications per year via zvoove’s platforms. zvoove employs more than 600 employees at 17 locations across Europe.

 

About DirectSkills

DirectSkills is the leading VMS provider in France, offering unparalleled capabilities for corporates to effectively manage their temporary workforce. By eliminating invoicing and contracting errors, ensuring regulatory compliance, and significantly reducing administrative burdens, DirectSkills empowers clients to focus on their core operations. With over 300 customers and 90,000 end users placing their trust in DirectSkills, the company oversees EUR 3bn in annual invoicing.

View original content:https://www.prnewswire.co.uk/news-releases/zvoove-expands-footprint-in-europe-with-acquisition-of-leading-external-workforce-management-player-in-france-directskills-302126422.html

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United Payment secures e-money licence in Azerbaijan

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United Payment Secures E-Money Licence from Central Bank of Azerbaijan

Fintech company United Payment has proudly announced that it has secured an e-money licence from the Central Bank of Azerbaijan. This significant milestone marks United Payment as the first Turkish company to receive such a licence from the Azerbaijani central bank. With this approval, United Payment, which has been serving the region since 2021, can now offer enhanced capabilities including account opening, electronic money solutions, virtual POS services, and national and international money transactions within the legal framework.

Expanding Regional Presence

Beyond Azerbaijan, United Payment is active in Georgia, Romania, England, and Turkey. The new e-money licence will enable the company to further promote financial inclusion, expand digital payment channels, and advance cashless payment solutions in the region. As part of its expansion, United Payment is set to begin offering payment services through the Turan mobile application.

Strategic Development Goals

United Payment aims to provide comprehensive financial solutions to a diverse clientele, including banks, multinational corporations, small and medium-sized enterprises (SMEs), municipalities, and other fintech companies. The firm is dedicated to broadening access to financial instruments and enhancing financial inclusion in the regions it operates.

According to United Payment officials, the new e-money licence will not only allow the company to continue its operations in Azerbaijan but also expand its service offerings. Given the strong social and economic ties between Turkey and Azerbaijan, United Payment aims to solidify its market position in Azerbaijan. The company plans to offer a variety of services under regulatory compliance, including opening payment accounts, electronic and cash collections, credit collections, transactions with payment cards and similar systems, QR payments, money transfers, and e-money account services.

Source: thepaypers.com

The post United Payment secures e-money licence in Azerbaijan appeared first on HIPTHER Alerts.

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AXA named as an Official Partner of UEFA Women’s EURO 2025

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AXA has proudly announced its support for the UEFA Women’s EURO 2025 as an Official Partner, furthering its sponsorship programme initiated in 2020. The prestigious event will take place in Switzerland from July 2 to 27, 2025.

Commitment to Women’s Football

This partnership underscores AXA’s dedication to promoting women’s football, building on its long-term support for the sport. Since 2020, AXA has been the main sponsor of the AXA Women’s Super League and the AXA Women’s Cup in Switzerland. By investing in women’s football, AXA aims to bolster women’s sports and promote its brand ethos, “Know You Can,” encouraging self-belief among its customers.

Statements from AXA Leaders

Fabrizio Petrillo, CEO of AXA Switzerland, expressed his enthusiasm, saying, “I’m so excited to support UEFA Women’s EURO 2025 together with other European AXA companies as a main sponsor. We are sending a strong signal and making a contribution to ensure that the players and fans can experience a great event and further strengthen women’s football. I’m looking forward to a fantastic summer of football in 2025!”

Volunteering Opportunities

The partnership includes more than just financial support. AXA employees will have the opportunity to volunteer during the tournament as part of the UEFA Women’s EURO 2025 Volunteer Programme, playing a crucial role in the event’s success.

Guy-Laurent Epstein, UEFA Marketing Director, commented, “AXA is a dedicated supporter of women’s football in Switzerland, so we are thrilled to partner with them for what will be an unforgettable UEFA Women’s EURO 2025. We look forward to working together to make this the can’t-miss event of next summer while also strengthening women’s football in the host country and throughout Europe.”

Enhancing Visibility for Female Players

Andreea Prange, Head of Customer Experience & Strategy at AXA Switzerland, added, “Promoting women’s football is a topic I hold dear to my heart. That’s why I’m delighted that AXA, as a partner of the UEFA Women’s EURO 2025, is also committed to increasing the visibility of female players at the international level.”

Tournament Details

Doris Keller, Tournament Director of UEFA Women’s EURO 2025, stated, “AXA, a long-time supporter and partner of women’s football in Switzerland and globally, is a perfect fit to become a global partner of UEFA Women’s EURO 2025. We look forward to collaborating with AXA on the UEFA Women’s EURO 2025 Volunteer Programme, as the 2,500 volunteers will play a highly essential and valuable role throughout the tournament welcoming everyone to the host country.”

The UEFA Women’s EURO 2025 will feature 16 teams competing in eight Swiss cities, attracting an estimated 500 million viewers worldwide and offering over 700,000 tickets for fans to attend the matches live.

Partnership Duration

The partnership between AXA and UEFA will continue until the end of August 2025. The financial terms of the sponsorship remain confidential.

Source: fintech.global

The post AXA named as an Official Partner of UEFA Women’s EURO 2025 appeared first on HIPTHER Alerts.

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Lucinity Wins the Microsoft Partner Awards for 2024 for Partner of the Year – Iceland and Sustainability and Social Impact

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REYKJAVÍK, Iceland, May 28, 2024 /PRNewswire/ — Lucinity, a leading AI company for financial crime prevention, won two awards at the Microsoft Partner Awards for 2024, including Partner of the Year – Iceland and Sustainability and Social Impact, highlighting Lucinity’s innovations and contribution to positive societal change. 

“Congratulations to Lucinity for being recognized as the Partner of the Year – Iceland 2024! Lucinity is leading digital transformation and delivering innovative products in their domain,” says Microsoft’s leadership.

For the past year, they have played a key role with their offerings, skilled resources, and their ability to drive change and innovative solutions both locally in Iceland and across the globe. Lucinity has had significant social impact and growth while supporting our joint customers in their AI-transformation journeys.”

In June 2023, Lucinity launched the world’s first copilot for FinCrime prevention powered by Microsoft Azure OpenAI called Luci. Luci stands out in the financial services industry with specialized skills for FinCrime prevention such as adverse media checks, case analysis, and SAR writing. 

Built on the robust and scalable Microsoft Azure platform, Lucinity offers customers a trusted SaaS product. Additionally, Lucinity’s presence on the Microsoft Azure Marketplace allows companies to leverage their Microsoft Azure credits to access the platform. 

The seamless integration with Microsoft’s Azure stack has enabled Lucinity to implement advanced AI capabilities, fostering rapid innovation and enabling banks and fintech companies to utilize AI securely and audibly. Furthermore, Luci significantly reduces investigation times from 2.5 hours to just 25 minutes, saving Tier 1 banks an estimated $25 million annually.

Guðmundur Kristjánsson (GK)Lucinity’s Founder and CEO comments, “These awards are a testament to the strength and reliability of our solutions, made possible by our strategic partnership with Microsoft. Utilizing Microsoft Azure, we have been able to drive rapid innovation and create a robust, scalable platform that meets the rigorous requirements of compliance teams.” 

On the Sustainability and Social Impact Partner Award, Microsoft says, “Lucinity, with their innovative AI solutions, has really tried to combat this huge global challenge. They use ‘Human AI’ to enhance financial crime prevention, combining AI with human expertise for efficient, user-friendly solutions. Additionally, Lucinity has developed a tool called Luci, an AI-powered copilot that helps transform financial crime prevention from a process that took hours to one that takes minutes.”

Logo: https://mma.prnewswire.com/media/2208676/4669079/Lucinity_Logo.jpg

 

Cision View original content:https://www.prnewswire.co.uk/news-releases/lucinity-wins-the-microsoft-partner-awards-for-2024-for-partner-of-the-year—iceland-and-sustainability-and-social-impact-302156888.html

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