In today’s top EMEA news, U.K. FinTech Plum closes a $13.9 million Series A funding round, and The Digital Pound Foundation wants to see a U.K. CBDC materialize. Plus, U.K.’s Banking Protocol helps stop cybercriminals in their tracks, and Nigerian retail-tech startup Alerzo acquires FinTech...
Auction houses and art galleries are ready to take their operations global and are going all-in to reach buyers online. In the Cross-Border Retail Payments Tracker, Artsy’s Dustyn Kim outlines the digital renaissance and how enabling mobile purchases and numerous payment options helps art dealers...
It’s a big world out there and the rise in cross-border eCommerce presents unprecedented opportunities for businesses to reach new customers and expand into new online markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The last big U.S. social network in China — Microsoft’s LinkedIn — is shuttering operations in the country over concerns about internet censorship and regulations, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Since launching the offering in July, SWIFT has signed 100 banks to use its SWIFT Go money transfer product. Ten financial institutions have already gone live, the company said in an emailed announcement to PYMNTS on Thursday (Oct. 14). Get the Full Story Complete the...
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The U.K. Financial Conduct Authority (FCA) has handed down new guidance for regulated business sectors over the risks involved with remote and hybrid work environments in a Monday (Oct. 11) press release. Get the Full Story Complete the form to unlock this article and enjoy...
China’s Central Bank has penalized 1,436 banks and payment companies and levied fines totaling 1.13 billion yuan — or $176 million — since 2016, the bank’s deputy governor said at the recent China Payment and Clearing Forum. Get the Full Story Complete the form to...
Digital payments across Thailand are four times as frequent as they were before the COVID-19 pandemic, as the country’s infection rate is increasing the need for online services, the central bank told Reuters in report on Monday (Oct. 11). Get the Full Story Complete the...
