As part of China’s continuing big tech crackdown, regulators are devising a blacklist targeting new companies that use variable interest entities (VIEs) to run their businesses, Financial Times (FT) reported on Wednesday (Dec. 8), citing unnamed sources. Get the Full Story Complete the form to...
In today’s top Europe, Middle East and Africa (EMEA) news, European Union startups raise a record $121 billion; Microsoft’s $16 billion Nuance deal is under review by the EU; Germany’s Volkswagen is considering taking Porsche public; restaurant OS GrubTech notches $13 million in a Series...
In Brazil, a temporary suspension looms for a popular payment choice — and, by extension, a disruption in commerce itself. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Binance will be looking more into rolling out its services in the U.K., after initially facing turbulence on those plans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Today in payments around the world, the U.K. enforces new listing rules for exchanges, and Big Tech firms’ EU woes are far from over. Plus, Berkshire Hathaway’s Munger agrees with China’s crypto ban, Moody’s acquires two European KYC firms, Lids goes international with London stores...
A star of the pandemic digital shift, from massive mobile commerce growth to attracting FinTech investment, Brazil is cementing its position as an epicenter of digital innovation in Latin America. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Starting Friday (Dec. 3), Britain’s regulatory body, the Financial Conduct Authority (FCA), will enforce a series of new listing rules in a move that is expected to strengthen the financial center’s ability to compete with New York and the European Union following Brexit. Get the...
Didi Global, the China-based ride-hailing group, intends to delist in the U.S. and pursue a listing in Hong Kong, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In today’s top Europe, Middle East and Africa (EMEA) news, the U.K. revises listing rules for exchanges; Facebook could face potential litigation over alleged European Union privacy violations; the U.K.’s Financial Conduct Authority (FCA) scraps a 90-day reauthentication open banking rule; Wirex launches a $1...
