Zen.com partners Episode Six for Asia expansion
0
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
The partnership marks a significant milestone for both companies: ZEN.COM is entering the Asian market, while simultaneously launching new ZEN card programs in Europe. Episode Six will provide the infrastructure to support both efforts, enabling ZEN.COM to deliver modern, flexible card experiences at speed.
ZEN.COM chose Episode Six for its strong, established presence in Asia to support its launch into the region, and for its proven ability to deliver rapid go-to-market timelines globally—capabilities unmatched by legacy providers. The collaboration adopts a cooperative authorization model, allowing ZEN.COM to retain control of its ledger while using Episode Six's powerful card issuing and transaction processing capabilities.
'ZEN.COM is entering a pivotal growth phase, and we're proud to support their journey,' said John Mitchell, CEO and Co-Founder of Episode Six. 'This partnership underscores what we hear from our clients everywhere—they're looking for speed, configurability, and control. Our infrastructure delivers all three.'
'As we expand our footprint across Europe and launch in Asia, we need partners who can move with the same agility and ambition that defines ZEN.COM,' said Michal Boguslawski, CEO, Europe of ZEN.COM. 'Episode Six stood out for its proven ability to deliver fast, flexible, and scalable infrastructure. This collaboration gives us the freedom to build differentiated card experiences on our terms.'
Beyond its strategic importance for ZEN.COM, the partnership reflects a broader shift in the market. Even established fintechs are moving away from legacy providers in favor of platforms that offer greater agility, faster deployment, and global scalability. Episode Six's modular architecture is proving especially valuable to companies seeking modern infrastructure without overhauling their core systems.
ZEN.COM provides innovative services like multi-currency IBAN accounts, fast money transfers, multiple methods of account top-ups (including cash), instant cashback, and ZEN payment cards – making flexibility and user-centric financial tools a core part of its value proposition.
With this expansion, ZEN.COM joins a growing list of fintechs and financial institutions choosing Episode Six to break away from the constraints of legacy issuing technology and deliver differentiated customer experiences at pace.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Reuters
an hour ago
- Reuters
Liberty Mutual in first US bribery settlement since Trump freeze ended
Aug 11 (Reuters) - Liberty Mutual will give up $4.7 million in profit to settle a U.S. criminal bribery probe into an Indian subsidiary, in the Department of Justice's first public enforcement action of a federal anti-bribery law it resumed enforcing in June. In a letter made public on Monday, the Justice Department said the subsidiary, Liberty General Insurance, paid $1.47 million in bribes to six state-owned banks, which in exchange referred customers to its insurance products. Liberty's scheme ran from 2017 to 2022 and resulted in $9.2 million in revenue and the $4.7 million in profit, the letter said. The Justice Department said the settlement reflected Liberty's acceptance of responsibility, cooperation including its March 2024 disclosure of the misconduct, and compliance upgrades. In February, U.S. President Donald Trump halted enforcement of the anti-bribery law, the Foreign Corrupt Practices Act of 1977, saying its overuse denied a level playing field, opens new tab to U.S. companies, harming economic competitiveness and national security. The Justice Department restarted enforcement with a scaled-back approach focused on misconduct that hurts U.S. competitiveness, involves key infrastructure, and is tied to cartels or transnational criminal groups. Liberty's settlement is fairly small. A wide range of multinational companies have been prosecuted under the anti-bribery law, including Goldman Sachs (GS.N), opens new tab and Sweden's Ericsson ( opens new tab. In a statement, Liberty said it was pleased the Justice Department "acknowledged our proactive approach and affirmed our commitment to integrity and compliance across our global enterprise." Bloomberg News reported the settlement earlier on Monday.
Daily Mail
an hour ago
- Daily Mail
Trump caves handing China another 90-day tariff extension before threatened doomsday
President Donald Trump extended a tariff deadline on Chinese goods by another 90 days less than 24 hours until the new trade 'doomsday' hit. He reportedly signed an executive order to pause a scheduled hike as talks between China and the United States continue. The president signed an executive order to postpone the tariff deadline, according to a report from CNBC citing a White House official one day before it was scheduled to snap into place. Currently, Chinese imports are subject to the president's 10 percent baseline tariffs with an additional 20 percent tariff. The president threatened a massive 245 percent tariff on Chinese goods in April, but has extended it as long as talks and negotiations continue. United States and Chinese officials spent two days in Stockholm in late July emerging in a settlement to extend the ongoing trade 'truce' between both countries. 'They've been dealing quite nicely — the relationship is very good with President Xi and myself,' Trump said. The new deadline is set for early November. 'Tariffs are making our Country Strong and Rich!!!' Trump boasted on social media on Monday. President Trump and Chinese President Xi Jinping are also in talks to meet to wrap up trade talks and set a deal as negotiations continue. The two leaders last spoke on the phone in June. Both sides are optimistic that they can wrap up talks in late October, according to Treasury Secretary Scott Bessent in an interview with Nikkei Asia. Trump continues using tariffs to force foreign countries into negotiations, even as some of the deadlines keep getting extensions depending on whether progress is made. Tariffs on over 60 countries went into effect at midnight on August 7th, following 18 weeks of tough negotiations. Trump allowed tariffs on Canada to jump to 35 percent, even as the president granted Mexico a 90-day extension. India now faces an additional 25 percent tariff scheduled for August 27 on top of a 25 percent tarrif set on August 1. Brazil also has a 50 percent tariff on many of its products. Other countries that have yet to make a trade deal with the United States include Switzerland, South Africa, Brunei, Cambodia, Bolivia, Ecuador, Iceland, Nigeria, Sri Lanka, New Zealand, Turkey, Norway, Iran, North Korea and Russia. Trump announced Monday afternoon there would be no tairrfs on Swiss gold bars, after the price of gold spiked.
Daily Mail
an hour ago
- Daily Mail
Former England footballer John Barnes 'faces threat of bankruptcy' - two months after racking up debts of £1.5MILLION in media firm
Former Liverpool and England footballer John Barnes has been hit by another bankruptcy petition by HM Revenue & Customs, it has been reported. Mail Sport reported in June that Barnes had accumulated debts of over £1.5million in his media firm, having been banned as company director for three-and-a-half years. According to the Telegraph, HMRC lodged their petition at the High Court on Friday, with Barnes now facing the threat of financial ruin. As outlined in the latest liquidators' progress report, the ex-Newcastle and Watford star owes HMRC £776,878 in unpaid VAT, NI and PAYE, £461,849 to unsecured creditors, a £226,000 directors loan and liquidator's costs worth £56,535. Barnes, who has so far paid back £60,000 after agreeing to return the directors loan in instalments, has received six separate bankruptcy petitions since 2010 and last avoided going bust back in 2023. His company, John Barnes Media Limited, went into liquidation two years after failing to pay more than £190,000 in tax. Barnes was handed a three-and-a-half year ban from being a company director last April, meaning he is unable to be involved in the promotion, formation or management of a company without the permission of the court. An investigation by the Insolvency Service into Barnes' conduct as a director began in September 2023, just over three years after the company ceased trading in January 2020. The investigation found that between November 2018 and October 2020, nothing was paid to HMRC in tax. Barnes was the sole director of the company, based in West Byfleet, Surrey, which described itself as offering media representation services and ceased trading in January 2020. He failed to pay £78,839 in corporation tax between August 2018 and January 2020, when the company ceased trading. The company also did not pay £115,272 in VAT between February 2019 and 2020. During this two-year period John Barnes Media's turnover was £441,798. Last April, Mike Smith, chief investigator at the Insolvency Service, said: 'Individuals and businesses not paying the tax they should deprives the Government of the funding it needs to provide vital public services and investment in areas such as schools, hospitals and roads. 'John Barnes had a legal duty to ensure his company paid the correct amount of corporation tax or VAT. 'Instead, it paid no tax whatsoever between November 2018 and October 2020, despite receiving earnings of well over £400,000. 'This disqualification should serve as a deterrent to other directors that if you do not pay your taxes while directing money elsewhere, you are at risk of being banned.'
