{ "jurisdiction_id": "GR", "jurisdiction": "Greece", "url": "https://payments.gi/jurisdictions/greece/", "generator": "render_jid v13.3.0", "date_modified": "2026-08-11", "schema_version": "world-payments-v1", "counts": { "modules": 14, "sourced_findings": 62, "source_register": 200 }, "modules": [ { "code": "W1a", "name": "Licensing, Authorisation & Market Access", "confidence": "Confirmed", "moved_this_cycle": false, "url": "https://payments.gi/jurisdictions/greece/#w1a-licensing-authorisation-market-access", "standing_position": "Greece runs the standard EEA licensing perimeter: credit institutions (bank-PSP route) need no separate PSD2/EMD2 licence, while non-banks require BoG authorisation as a Payment Institution or Electronic Money Institution under Law 4537/2018 (PSD2) and Law 4201/2011 (EMD2). EMI minimum capital is EUR350,000. HCMC additionally licenses CASPs under MiCA/Law 5193/2025. PSD3/PSR transition (EMI folding into PI category) expected late 2027 to mid-2028.", "findings": [ { "finding": null, "instrument_type": "Statute + Executive Committee Act", "source": "https://www.bankofgreece.gr/en/main-tasks/supervision/financial-institutions/authorisation", "source_url": "https://www.bankofgreece.gr/en/main-tasks/supervision/financial-institutions/authorisation", "source_tier": "1", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Capital requirement", "source": "https://www.bankofgreece.gr/en/main-tasks/supervision/financial-institutions/authorisation", "source_url": "https://www.zitadelleag.com/news/emi-license-electronic-money-institution-eu-guide", "source_tier": "1", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Statute", "source": "https://my.legal500.com/guides/chapter/greece-banking-finance/", "source_url": "https://www.zitadelleag.com/news/emi-license-electronic-money-institution-eu-guide", "source_tier": "3", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Statute", "source": "https://www.zeya.com/newsletters/long-awaited-law-supplementing-markets-crypto-assets-regulation-has-been-adopted", "source_url": "https://www.zitadelleag.com/news/emi-license-electronic-money-institution-eu-guide", "source_tier": "1", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Regulatory reform (horizon)", "source": "https://www.zitadelleag.com/news/emi-license-electronic-money-institution-eu-guide", "source_url": "https://www.zitadelleag.com/news/emi-license-electronic-money-institution-eu-guide", "source_tier": "3", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Register", "source": "https://thebanks.eu/list-of-emis/Greece", "source_url": "https://www.zitadelleag.com/news/emi-license-electronic-money-institution-eu-guide", "source_tier": "4", "retrieved_at": "2026-07-04" } ] }, { "code": "W1b", "name": "Conduct, Safeguarding & Financial Promotions", "confidence": "Confirmed", "moved_this_cycle": false, "url": "https://payments.gi/jurisdictions/greece/#w1b-conduct-safeguarding-financial-promotions", "standing_position": "Safeguarding for PIs/EMIs is set under Law 4021/2011 and BoG Executive Committee Act 164/2/13.2.2019, alongside professional indemnity insurance requirements for PISPs/AISPs under Law 4537/2018. Conduct obligations run via BoG Governor's Act 2501/2002 and the Banking Code of Conduct (Law 4224/2013). Consumer-facing conduct disputes route to multiple bodies reflecting a fragmented conduct-complaints landscape.", "findings": [ { "finding": null, "instrument_type": "Safeguarding regime", "source": "https://www.bankofgreece.gr/en/main-tasks/supervision/financial-institutions/authorisation", "source_url": "https://www.bankofgreece.gr/en/main-tasks/supervision/financial-institutions/authorisation", "source_tier": "1", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Professional indemnity / liability cover", "source": "https://www.bankofgreece.gr/en/main-tasks/supervision/financial-institutions/authorisation", "source_url": "https://www.bankofgreece.gr/en/main-tasks/supervision/financial-institutions/authorisation", "source_tier": "1", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Conduct/transparency rules", "source": "https://practiceguides.chambers.com/practice-guides/banking-regulation-2026/greece", "source_url": "https://www.bankofgreece.gr/en/main-tasks/supervision/financial-institutions/authorisation", "source_tier": "3", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Conduct rule", "source": "https://www.lexology.com/library/detail.aspx?g=2a3d8cd1-b751-4f32-b956-3f6c3b2bfbbf", "source_url": "https://www.bankofgreece.gr/en/main-tasks/supervision/financial-institutions/authorisation", "source_tier": "3", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Conduct/complaints handling", "source": "https://www.bankofgreece.gr/en/main-tasks/supervision/credit-institutions/complaints-to-the-bank-of-greece", "source_url": "https://www.bankofgreece.gr/en/main-tasks/supervision/financial-institutions/authorisation", "source_tier": "1", "retrieved_at": "2026-07-04" } ] }, { "code": "W2", "name": "Stablecoins & Digital Money", "confidence": "Confirmed", "moved_this_cycle": false, "url": "https://payments.gi/jurisdictions/greece/#w2-stablecoins-digital-money", "standing_position": "Greece implements MiCA directly via Law 5193/2025 (in force 11 April 2025), designating HCMC as CASP authoriser and BoG as prudential supervisor for ART/EMT issuers. Transitional/grandfathering window ran to 31 December 2025. HCMC Decision 8/1059/2025 sets the CASP authorisation procedure.", "findings": [ { "finding": null, "instrument_type": "Statute", "source": "https://www.zeya.com/newsletters/long-awaited-law-supplementing-markets-crypto-assets-regulation-has-been-adopted", "source_url": "https://www.zeya.com/newsletters/long-awaited-law-supplementing-markets-crypto-assets-regulation-has-been-adopted", "source_tier": "1", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Regulatory framework", "source": "https://www.plasma.org/learn/tools/stablecoin-regulation-map/greece", "source_url": "https://logaraslaw.com/navigating-the-crypto-regulation-in-the-eu/", "source_tier": "3", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Implementing decision", "source": "https://sgklegal.gr/en/casp-licensing-in-greece/", "source_url": "https://logaraslaw.com/navigating-the-crypto-regulation-in-the-eu/", "source_tier": "3", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Statute", "source": "https://www.ey.com/en_gr/technical/tax/tax-alerts/mica-regulation-authorisation-procedure-for-crypto-asset-service-providers", "source_url": "https://logaraslaw.com/navigating-the-crypto-regulation-in-the-eu/", "source_tier": "3", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Transitional / grandfathering regime", "source": "https://logaraslaw.com/navigating-the-crypto-regulation-in-the-eu/", "source_url": "https://logaraslaw.com/navigating-the-crypto-regulation-in-the-eu/", "source_tier": "3", "retrieved_at": "2026-07-04" } ] }, { "code": "W3", "name": "Operational Resilience & Critical Infrastructure", "confidence": "Confirmed", "moved_this_cycle": false, "url": "https://payments.gi/jurisdictions/greece/#w3-operational-resilience-critical-infrastructure", "standing_position": "DORA applies since 17 January 2025; Law 5193/2025 Articles 148-152 designate BoG as competent authority for credit institutions/PIs/EMIs and HCMC for investment/securities entities and CASPs. BoG supervisory commentary (Oct 2025) flags payment firms and EMIs as lagging credit institutions in DORA implementation maturity.", "findings": [ { "finding": null, "instrument_type": "Statute", "source": "https://www.ey.com/en_gr/technical/tax/tax-alerts/supplementary-provisions-for-the-implementation-of-dora", "source_url": "https://www.ey.com/en_gr/technical/tax/tax-alerts/supplementary-provisions-for-the-implementation-of-dora", "source_tier": "3", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Supervisory framework", "source": "https://www.bankofgreece.gr/en/main-tasks/supervision/dora-digital-operational-resilience-act-for-the-financial-sector", "source_url": "https://qa-financial.com/greek-regulator-issues-dora-warning-mapping-and-testing-still-lagging/", "source_tier": "1", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Supervisory statement", "source": "https://qa-financial.com/greek-regulator-issues-dora-warning-mapping-and-testing-still-lagging/", "source_url": "https://qa-financial.com/greek-regulator-issues-dora-warning-mapping-and-testing-still-lagging/", "source_tier": "3", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Supervisory speech", "source": "https://www.bis.org/review/r251031h.htm", "source_url": "https://qa-financial.com/greek-regulator-issues-dora-warning-mapping-and-testing-still-lagging/", "source_tier": "1", "retrieved_at": "2026-07-04" } ] }, { "code": "W4", "name": "Scheme & Network Compliance", "confidence": "High", "moved_this_cycle": false, "url": "https://payments.gi/jurisdictions/greece/#w4-scheme-network-compliance", "standing_position": "Card-scheme compliance runs through Regulation (EU) 2015/751 (interchange caps 0.2%/0.3%). A new domestic scheme-adjacent compliance layer emerged via the statutory mandate (effective 1 December 2025, corrected from an initially reported November 2025 date) requiring all Greek businesses to accept IRIS instant-payment transactions at zero merchant cost.", "findings": [ { "finding": null, "instrument_type": "EU Regulation", "source": "https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=celex:32015R0751", "source_url": "https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=celex:32015R0751", "source_tier": "1", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Scheme mandate", "source": "https://www.lighthouse.gr/blog/trending-topics/iris-instant-payments-a-new-era-for-greek-businesses/", "source_url": "https://greekreporter.com/2025/12/02/greece-iris-payments-mandatory-all-businesses/", "source_tier": "4", "retrieved_at": null }, { "finding": null, "instrument_type": "Scheme legal status", "source": "https://noda.live/articles/iris-greece", "source_url": "https://greekreporter.com/2025/12/02/greece-iris-payments-mandatory-all-businesses/", "source_tier": "4", "retrieved_at": null }, { "finding": null, "instrument_type": "Scheme/merchant-fee enforcement gap", "source": "https://www.keeptalkinggreece.com/2015/12/21/greek-banks-charge-higher-commission-for-cards-payments-than-in-other-eu-countries/", "source_url": "https://greekreporter.com/2025/12/02/greece-iris-payments-mandatory-all-businesses/", "source_tier": "3", "retrieved_at": null } ] }, { "code": "W5", "name": "Payment Corridor Dynamics", "confidence": "Confirmed", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/greece/#w5-payment-corridor-dynamics", "standing_position": "IRIS (DIAS SEPA Instant Credit Transfer scheme) processes a majority of P2P activity domestically, expanding cross-border via EuroPA (first phase live 30 June 2026, linking Greece with Spain, Portugal, Italy and Andorra). All Greek institutions clear through DIAS onward to SEPA and T2.", "findings": [ { "finding": null, "instrument_type": "Clearing infrastructure", "source": "https://www.dias.com.gr/en/about-us/", "source_url": "https://thepaypers.com/payments/news/iris-payments-connects-greece-with-european-europa-network", "source_tier": "2", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Cross-border corridor expansion", "source": "https://thepaypers.com/payments/news/iris-payments-connects-greece-with-european-europa-network", "source_url": "https://en.protothema.gr/2026/06/30/pierrakakis-iris-is-the-success-story-of-the-greek-digital-economy/", "source_tier": "4", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Domestic instant-payment corridor", "source": "https://noda.live/articles/iris-greece", "source_url": "https://en.protothema.gr/2026/06/30/pierrakakis-iris-is-the-success-story-of-the-greek-digital-economy/", "source_tier": "4", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "RTGS settlement platform", "source": "https://en.wikipedia.org/wiki/T2_(settlement_system)", "source_url": "https://en.protothema.gr/2026/06/30/pierrakakis-iris-is-the-success-story-of-the-greek-digital-economy/", "source_tier": "2", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Corridor volume data", "source": "https://en.protothema.gr/2026/06/30/pierrakakis-iris-is-the-success-story-of-the-greek-digital-economy/", "source_url": "https://en.protothema.gr/2026/06/30/pierrakakis-iris-is-the-success-story-of-the-greek-digital-economy/", "source_tier": "4", "retrieved_at": "2026-07-04" } ] }, { "code": "W6", "name": "Industry Structure & Commercial Dynamics", "confidence": "High", "moved_this_cycle": false, "url": "https://payments.gi/jurisdictions/greece/#w6-industry-structure-commercial-dynamics", "standing_position": "The Greek payments market is dominated by four systemic banks, which since 2020-2022 have spun off merchant-acquiring arms into JVs with international processors, a consolidation trend continuing into 2026. Viva Wallet/Viva.com remains Greece's sole fintech unicorn, backed by JPMorgan.", "findings": [ { "finding": null, "instrument_type": "Market structure", "source": "https://theaicronicle.com/en/news/companies/worldline-acquires-full-control-worldline-greece-eurobank", "source_url": "https://theaicronicle.com/en/news/companies/worldline-acquires-full-control-worldline-greece-eurobank", "source_tier": "4", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Market structure / M&A history", "source": "https://businessofpayments.substack.com/p/business-of-payments-june-2026", "source_url": "https://en.wikipedia.org/wiki/Viva_Wallet_Group", "source_tier": "3", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Banking-system structure", "source": "https://practiceguides.chambers.com/practice-guides/banking-regulation-2025/greece", "source_url": "https://en.wikipedia.org/wiki/Viva_Wallet_Group", "source_tier": "3", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Market structure", "source": "https://en.wikipedia.org/wiki/Viva_Wallet_Group", "source_url": "https://en.wikipedia.org/wiki/Viva_Wallet_Group", "source_tier": "4", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Market concentration", "source": "https://www.argusadvisoryresearch.com/reports/country-reports/europe/greece.html", "source_url": "https://en.wikipedia.org/wiki/Viva_Wallet_Group", "source_tier": "3", "retrieved_at": "2026-07-04" } ] }, { "code": "W7", "name": "Legal & Litigation", "confidence": "High", "moved_this_cycle": false, "url": "https://payments.gi/jurisdictions/greece/#w7-legal-litigation", "standing_position": "The dominant live payments-sector litigation is JPMorgan v Viva Wallet executives/Werealize, spanning parallel UK and Greek proceedings. Underlying legal infrastructure for payments (safeguarded-funds insolvency treatment, settlement finality) sits in Law 4261/2014.", "findings": [ { "finding": null, "instrument_type": "Litigation", "source": "https://www.bankingdive.com/news/jpmorgan-sues-4-viva-wallet-execs-fintechs-majority-owner/736947/", "source_url": "https://www.bankingdive.com/news/jpmorgan-sues-4-viva-wallet-execs-fintechs-majority-owner/736947/", "source_tier": "3", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Legal infrastructure / insolvency treatment", "source": "https://my.legal500.com/guides/chapter/greece-banking-finance/", "source_url": "https://www.bankingdive.com/news/jpmorgan-sues-4-viva-wallet-execs-fintechs-majority-owner/736947/", "source_tier": "3", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Resolution authority", "source": "https://my.legal500.com/guides/chapter/greece-banking-finance/", "source_url": "https://www.bankingdive.com/news/jpmorgan-sues-4-viva-wallet-execs-fintechs-majority-owner/736947/", "source_tier": "3", "retrieved_at": "2026-07-04" } ] }, { "code": "W8", "name": "Merchant Acquiring & Risk", "confidence": "High", "moved_this_cycle": false, "url": "https://payments.gi/jurisdictions/greece/#w8-merchant-acquiring-risk", "standing_position": "Merchant acquiring has consolidated around international processors partnered with the four systemic banks (Worldline/Eurobank now fully independent, Nexi/Alpha, Euronet/NBG and, pending Q3 2026, Euronet/CrediaBank). The Nov/Dec 2025 statutory IRIS-acceptance mandate reshapes acquiring economics; SoftPOS is an active growth vector.", "findings": [ { "finding": null, "instrument_type": "Acquiring market structure", "source": "https://paymentsindustryintelligence.com/merchant-acquiring-in-the-med-a-hot-business/", "source_url": "https://www.americanbanker.com/payments/news/euronet-to-buy-greek-banks-merchant-acquiring-business", "source_tier": "3", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Acquiring market structure", "source": "https://www.americanbanker.com/payments/news/euronet-to-buy-greek-banks-merchant-acquiring-business", "source_url": "https://worldline.com/en-gr/home/main-navigation/solutions/merchants", "source_tier": "3", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Acquiring/acceptance operations", "source": "https://noda.live/articles/iris-greece", "source_url": "https://worldline.com/en-gr/home/main-navigation/solutions/merchants", "source_tier": "4", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Acquiring product/risk operations", "source": "https://worldline.com/en-gr/home/main-navigation/solutions/merchants", "source_url": "https://worldline.com/en-gr/home/main-navigation/solutions/merchants", "source_tier": "2", "retrieved_at": "2026-07-04" } ] }, { "code": "W9", "name": "Product Innovation & Market Development", "confidence": "High", "moved_this_cycle": false, "url": "https://payments.gi/jurisdictions/greece/#w9-product-innovation-market-development", "standing_position": "IRIS is Greece's flagship payments-innovation story, expanding to pan-European interoperability via EuroPA. BNPL is emerging (Klarna/TBI Bank since 2022), facing incoming CCD2-driven regulation. A BoG regulatory sandbox supports fintech testing.", "findings": [ { "finding": null, "instrument_type": "Product/network launch", "source": "https://athens-times.com/iris-payments-launches-cross-border-mobile-money-transfers-across-europe/", "source_url": "https://www.qubevents.com/post/bnpl-in-greece-a-5-billion-market-on-the-rise", "source_tier": "4", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Product development (BNPL)", "source": "https://www.euromonitor.com/financial-cards-and-payments-in-greece/report", "source_url": "https://www.euromonitor.com/financial-cards-and-payments-in-greece/report", "source_tier": "3", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Innovation facilitator", "source": "https://my.legal500.com/guides/chapter/greece-banking-finance/", "source_url": "https://www.euromonitor.com/financial-cards-and-payments-in-greece/report", "source_tier": "3", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Adoption data", "source": "https://athens-times.com/pierakakis-iris-is-transforming-greeces-economy-used-by-over-4-6-million-citizens/", "source_url": "https://www.euromonitor.com/financial-cards-and-payments-in-greece/report", "source_tier": "4", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Regulatory horizon (product)", "source": "https://www.qubevents.com/post/bnpl-in-greece-a-5-billion-market-on-the-rise", "source_url": "https://www.euromonitor.com/financial-cards-and-payments-in-greece/report", "source_tier": "3", "retrieved_at": "2026-07-04" } ] }, { "code": "W10", "name": "Consumer Protection & APP Fraud", "confidence": "High", "moved_this_cycle": false, "url": "https://payments.gi/jurisdictions/greece/#w10-consumer-protection-app-fraud", "standing_position": "Consumer/payments-dispute resolution is fragmented across BoG complaints, the Consumer Ombudsman and the Hellenic Financial Ombudsman (FIN-NET). No dedicated statutory APP-fraud reimbursement scheme identified; BNPL protections incoming via CCD2.", "findings": [ { "finding": null, "instrument_type": "Dispute-resolution body", "source": "https://finance.ec.europa.eu/consumer-finance-and-payments/retail-financial-services/financial-dispute-resolution-network-fin-net/members-fin-net-country/fin-net-members-greece_en", "source_url": "https://finance.ec.europa.eu/consumer-finance-and-payments/retail-financial-services/financial-dispute-resolution-network-fin-net/members-fin-net-country/fin-net-members-greece_en", "source_tier": "1", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Complaints handling", "source": "https://www.bankofgreece.gr/en/main-tasks/supervision/credit-institutions/complaints-to-the-bank-of-greece", "source_url": "https://www.bankofgreece.gr/en/main-tasks/supervision/credit-institutions/complaints-to-the-bank-of-greece", "source_tier": "1", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Consumer ombudsman", "source": "https://www.synigoroskatanaloti.gr/en", "source_url": "https://www.bankofgreece.gr/en/main-tasks/supervision/credit-institutions/complaints-to-the-bank-of-greece", "source_tier": "1", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Incoming consumer-credit protection", "source": "https://www.qubevents.com/post/bnpl-in-greece-a-5-billion-market-on-the-rise", "source_url": "https://www.bankofgreece.gr/en/main-tasks/supervision/credit-institutions/complaints-to-the-bank-of-greece", "source_tier": "3", "retrieved_at": "2026-07-04" } ] }, { "code": "W11", "name": "AML/CFT & Financial Crime", "confidence": "High", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/greece/#w11-aml-cft-financial-crime", "standing_position": "sentinel.gi position: AML/CFT supervision split between BoG, HCMC and the Hellenic AML Authority (housing the FIU), under Law 4557/2018 with Law 5193/2025 extending obligations to CASPs. FATF 2019 evaluation rated Greece effective in several areas.", "findings": [ { "finding": null, "instrument_type": "Digital onboarding AML control", "source": "https://www.bankofgreece.gr/en/main-tasks/supervision/prevention-of-money-laundering", "source_url": "https://www.zeya.com/newsletters/long-awaited-law-supplementing-markets-crypto-assets-regulation-has-been-adopted", "source_tier": "1", "retrieved_at": "2026-07-04" }, { "finding": "Greece operates under the EU AML/CFT acquis with the Hellenic AML Authority and Bank of Greece as key supervisors and the Hellenic FIU as the national financial intelligence unit. FATF's 2019 MER found foundational effectiveness but flagged weak standalone money-laundering prosecution and inconsistent DNFBP supervision. Greece is not FATF grey-listed.", "instrument_type": "assessment", "source": "FIM (sentinel.gi) per-JID baseline profile — Greece", "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": "Enforcement: European Public Prosecutor's Office (EPPO) — Current and former Greek MPs, a former minister and a former deputy minister", "instrument_type": "enforcement_action", "source": "FIM (sentinel.gi) enforcement_action_register (issue FIM-BASE-ENF-003)", "source_url": null, "source_tier": "2", "retrieved_at": null }, { "finding": "Gap: political-constraint", "instrument_type": "gap", "source": "FIM (sentinel.gi) gaps_register_cumulative (issue FIM-BASE-GAP-003)", "source_url": null, "source_tier": null, "retrieved_at": null } ] }, { "code": "W12", "name": "Correspondent Banking, Settlement & Access", "confidence": "High", "moved_this_cycle": false, "url": "https://payments.gi/jurisdictions/greece/#w12-correspondent-banking-settlement-access", "standing_position": "As a euro-area member, Greece's settlement access runs through T2, with BoG as the national central bank participant; DIAS provides the domestic ACH layer connecting to SEPA. Legacy TARGET2-balance dynamics remain a structural reference point.", "findings": [ { "finding": null, "instrument_type": "RTGS settlement access", "source": "https://en.wikipedia.org/wiki/T2_(settlement_system)", "source_url": "https://en.wikipedia.org/wiki/T2_(settlement_system)", "source_tier": "2", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Settlement/liquidity history", "source": "https://grokipedia.com/page/TARGET2", "source_url": "https://www.dias.com.gr/en/about-us/", "source_tier": "3", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "National clearing/settlement access", "source": "https://www.dias.com.gr/en/about-us/", "source_url": "https://www.dias.com.gr/en/about-us/", "source_tier": "2", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Cross-border settlement access", "source": "https://www.dias.com.gr/en/about-us/", "source_url": "https://www.dias.com.gr/en/about-us/", "source_tier": "2", "retrieved_at": "2026-07-04" } ] }, { "code": "W13", "name": "Commercial Intelligence & Fintech", "confidence": "Assessed", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/greece/#w13-commercial-intelligence-fintech", "standing_position": "Trailing-12-month commercial activity is dominated by continued merchant-acquiring consolidation (Worldline full buyout of Eurobank stake; pending CrediaBank/Euronet sale) and IRIS's pan-European EuroPA launch. Greece's fintech funding pool remains modest relative to sector hype, concentrated on Viva.com.", "findings": [ { "finding": null, "instrument_type": "M&A", "source": "https://theaicronicle.com/en/news/companies/worldline-acquires-full-control-worldline-greece-eurobank", "source_url": "https://theaicronicle.com/en/news/companies/worldline-acquires-full-control-worldline-greece-eurobank", "source_tier": "4", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "M&A (pending)", "source": "https://www.americanbanker.com/payments/news/euronet-to-buy-greek-banks-merchant-acquiring-business", "source_url": "https://www.americanbanker.com/payments/news/euronet-to-buy-greek-banks-merchant-acquiring-business", "source_tier": "3", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Product launch", "source": "https://thepaypers.com/payments/news/iris-payments-connects-greece-with-european-europa-network", "source_url": "https://thepaypers.com/payments/news/iris-payments-connects-greece-with-european-europa-network", "source_tier": "4", "retrieved_at": "2026-07-04" }, { "finding": null, "instrument_type": "Funding market data", "source": "https://tracxn.com/d/explore/fintech-startups-in-greece/__qo4iDQXalIFuCA3IWeUyRD8ZX1oYvVHBI2oT-x1mxMw", "source_url": "https://thepaypers.com/payments/news/iris-payments-connects-greece-with-european-europa-network", "source_tier": "4", "retrieved_at": "2026-07-04" } ] } ] }