Cross-border Payments

Cross-border Payments
European Cloud Project Kicks off Without US, Chinese Firms
December 15, 2021

The European Commission launched on Tuesday (Dec. 14) the European Alliance for Industrial Data, Edge and Cloud. This project is part of the European Data Strategy, created in 2020, which aims to create a single EU data market and to have more control of the...

Cross-border Payments
Banking as a Service Gets Boost From EU Creator Economy
December 14, 2021

Embedded banking and banking-as-a-service (BaaS) have been mainly concentrated in the FinTech and financial services domain, but that is gradually changing as non-financial services platforms take the plunge into financial services for the first time. Get the Full Story Complete the form to unlock this...

Cross-border Payments
EMEA Daily: Norway’s Visma Acquires Danish Firm Acubiz, JPMorgan’s British Retail Bank Chase Expands Staff
December 14, 2021

In today’s top Europe, Middle East and Africa news, Norway’s Visma acquires Danish expense management solution Acubiz and J.P. Morgan’s British retail bank Chase expands its staff and its product suite. Plus, Klarna teams with GoCardless for its U.S. expansion, the European Union may regulate...

Cross-border Payments
Merchant Involvement in European Payments Initiative Has Been Less Than Satisfactory
December 14, 2021

Unlike other European payment service providers, Market Pay has a unique characteristic. 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 daily newsletter, PYMNTS Today. By...

Cross-border Payments
SWIFT Outlines Strategies for Global Adoption of Frictionless Transactions in 2022
December 14, 2021

Global banking network SWIFT is closing 2021 by highlighting its progress toward enabling cross-border frictionless transactions and looking ahead to 2022 as it sets the stage for accelerated adoption, according to a press release. Get the Full Story Complete the form to unlock this article...

Cross-border Payments
EMEA Daily: Poland to Investigate Apple Privacy Changes, UK BNPL Firm Bumper Snags $12M Fundraise
December 13, 2021

In today’s top Europe, Middle East and Africa (EMEA) news, Poland investigates Apple; a U.K. buy now, pay later (BNPL) startup for car repairs snags $12 million from Porsche and Jaguar; the omicron variant triggers restrictions in Norway; Pecunpay is the first Spanish issuer of...

Cross-border Payments
Binance Asia Withdraws Application for Singapore Crypto Bourse
December 13, 2021

The fiat-to-crypto trading platform Binance.sg has withdrawn its permit application to operate a bourse in Singapore from the Monetary Authority of Singapore (MAS), according to multiple reports on Monday (Dec. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cross-border Payments
Ireland’s Synch Payments Facing Probe From Ireland’s Competition Watchdog
December 10, 2021

Ireland’s competition watchdog announced Wednesday (Dec. 8) that is launching a full investigation into Synch Payments, a joint venture by AIB, Bank of Ireland, Permanent TSB and KBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cross-border Payments
eToro Debuts eToro Money in the UK 
December 10, 2021

Social investment platform eToro on Friday (Dec. 10) launched the eToro Money program across the U.K., allowing users to deposit and withdraw money as well as manage their cryptocurrency and other investments in one place.  Get the Full Story Complete the form to unlock this...