Today in Europe, the Middle East and Africa, Wise has been slapped with a $360,000 fine by Abu Dhabi’s anti-money laundering regulator and PalmPay hits an important milestone, surpassing 10 million users. Wise Fined $360K for AML Violations by Abu Dhabi Regulator Money transfer service...
Today in Europe, the Middle East and Africa, the company that operates Poland’s BLIK mobile payment solution is set to acquire the Slovakian FinTech VIAMO. Meanwhile, Zuora is expanding its subscription solutions with the purchase of U.K.-based Zephr. Europe’s High Street Retailers Feel Loss of...
Today in Europe, the Middle East and Africa, FTFT launched the Orbit eWallet for Chinese students studying in the U.K., and Nationwide Building Society announced that it has recruited Moneyhub to help facilitate open banking payments for customers opening a savings account. FTFT UK Develops...
Today in Europe, the Middle East and Africa, the U.K. Parliament’s Treasury Committee has published the responses of Visa and Mastercard after it questioned their decision to raise cross-border interchange fees. Meanwhile, LianLian Global has strengthened its offering in the U.K. thanks to a partnership...
Today in Europe, the Middle East and Africa (EMEA), Emirati PropTech company Huspy announced two new acquisitions and Square launched the ClearPay buy now, pay later (BNPL) solution for U.K. merchants. Latest Acquisitions Cement Huspy’s Position in UAE Mortgage Sector United Arab Emirates (UAE)-based PropTech...
In today’s top stories from Europe, the Middle East and Africa (EMEA), French retailer Carrefour is freezing prices on 100 items, Saudi buy now, pay later (BNPL) firm Tamara secured $100 million in fresh funding and more. French Retailer Carrefour Freezes Prices on 100 ‘Everyday...
In today’s top stories from Europe, the Middle East and Africa (EMEA), Future Fintech has received approval from U.K. regulator FCA for its acquisition of money transfer company Khyber Money Exchange as it looks to expand its money transfer abilities in the region. Nigerian B2B...
One of the biggest Middle East and North Africa (MENA) economies, the United Arab Emirates (UAE), has cemented its position as the leading destination for venture capital investment in the region. In the first half (H1) of the year, UAE-based companies racked up a total...
In today’s news from Europe, the Middle East and Africa (EMEA), a cross-industry consortium in the U.K. has launched to study the future of digital currencies, and Checkout.com has enhanced its authentication tool for merchants. Checkout.com Enhances Authentication Tool to Reduce Abandoned Carts Cloud-based payments...