Following the declaration of martial law in Ukraine, the central bank suspended the country’s currency markets, stopped the circulation of all securities, limited cash withdrawals and halted the use of electronic currency and digital wallets. Get the Full Story Complete the form to unlock this...
Global payments provider Nium has partnered with international payment service ECOMMPAY to offer merchants a “closed-loop system” for international payouts, a press release said Thursday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
British Prime Minister Boris Johnson has told finance industry representatives, regulators and trade associations that he wants a tough next round of sanctions on Russia, Reuters said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
FinTech platform Airwallex has debuted its Airwallex Borderless Card, a virtual card issued by the Community Federal Savings Bank, which allows businesses to easily make cross-border digital card payments, a press release said. Get the Full Story Complete the form to unlock this article and...
In today’s top Europe, Middle East, and Africa news, a coalition has asked EU lawmakers for changes in the Digital Markets Act to allow consumers to sue tech giants for law violations, while global payments platform Flywire Corporation has collaborated with Adapt IT Education to digitize cross-border education...
In today’s top Europe, Middle East and Africa news, Meta is facing an order to suspend data transfers to the United States by the European Union, while Russia’s Ministry of Finance has released a cryptocurrency draft law. Get the Full Story Complete the form to...
In today’s FinTech news, SoFi expands its banking services, while U.K. FinTech CEOs ask to overhaul regulations. London embedded finance startup Weavr raised funds, while the London Stock Exchange Group acquired an all-in-one trading management solutions platform. Over in Africa, Osahon Akpata, Ecobank’s head of...
American banks do not expect to see an impact on their business – or wider risk contagion – due to the sanctions the U.S. and other nations are levying against Russia over the crisis in Ukraine, Reuters reported Tuesday (Feb. 22). Get the Full Story...
In times of war — or of armed conflicts that are wars in all but name — payments can be weaponized (after a fashion). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...