Nicosia, Cyprus. AI graphic design platform Correctify, founded by CEO Giorgos Gennaris and CTO Marios Simou, is targeting businesses that need marketing materials without the cost or time required for professional design services. Separately, Cyprus has submitted four delayed banking reform bills to parliament, seven months after the European Union deadline for transposing an updated directive.
Correctify’s approach
Businesses, particularly smaller companies, may have the content, photographs and messaging needed for marketing materials but lack the time, budget or design knowledge to produce polished flyers, brochures, presentations or social media posts.
Gennaris told the Cyprus Mail that Correctify was developed in response to a practical business problem. Companies seeking marketing materials have traditionally hired designers or used beginner-friendly design tools themselves.
Professional designers can deliver strong results but may involve higher costs and waiting times. Design tools have made the process more accessible, but users still need to select templates, add text, adjust layouts and apply design principles. Correctify was created as a third option.
Delayed banking legislation
Cyprus has tabled a package of four banking reform bills in parliament after missing the deadline to incorporate the European Union’s updated banking directive into national law.
According to Philenews, the government submitted the legislative package at the beginning of July and urged parliament to examine it as a priority after months of delay.
The bills are expected to be discussed in September after parliament suspended its work for the summer recess on Wednesday.
EU member states were required to transpose the directive by January 11, 2026. Cyprus did not submit the bills to parliament until the beginning of July 2026.
The delay prompted the European Commission to launch formal infringement proceedings against Cyprus earlier this year.