The U.K.’s Financial Conduct Authority (FCA) is calling for a reformation of the way credit rating agencies (CRA) in the country operate and are governed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
For any online business onboarding new customers, juggling the ever-growing stack of authentication tools required to remain compliant with the relevant know your customer (KYC) and anti-money laundering (AML) laws can lead to all kinds of complications and inefficiencies. Get the Full Story Complete the...
Digital payments in Africa are about to get an even wider reach, thanks to a new collaboration between Euronet Worldwide and the Africa Electronic Trade Group, or AeTrade. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Financial service firm Virgin Money has joined the English government’s General Export Facility (GEF), opening up access to financial support to the company’s business clients at a time when the U.K. is dealing with crushing cost-of-living pressures. Get the Full Story Complete the form to...
The Central Bank of Saudi Arabia (SAMA) on Wednesday (Nov. 2) announced the launch of its open banking framework, which includes a set of legislation, regulatory guidelines and technical standards to enable banks and FinTechs to provide open banking services in the country. Get the...
The European Commission is set to propose new rules for Airbnb and other short-term home rental companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
For Africa’s restaurant and hospitality industry, the combination of global supply chain bottlenecks and rising wholesale prices have led to local logistics challenges and inefficient distribution networks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
As the first EU country to lay out a comprehensive framework for cannabis regulation, Germany is in a position to set the agenda and provide a regional rule book for the cultivation and use of the recreational drug, according to the country’s health minister Karl...
In the past week, observers of global retail trends have received the latest statistics from Eurostat, which show that retail sales in the EU fell 0.2% in August for a 1.3% year-on-year decline. A more significant decrease was observed in the eurozone, where the figures...