EBA CLEARING, SWIFT and The Clearing House (TCH) are collaborating on a new initiative, Immediate Cross-Border Payments (IXB), to speed up cross-border money transfers and make the process easier. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
In today’s top EMEA news, NatWest acquires youth-oriented FinTech RoosterMoney and African FinTech Finclusion raises $20M for enterprise development. Plus, the U.K. brick-and-mortar retail scene is equipped to handle Amazon entry, one-third of U.K. SMBs are ‘highly indebted,’ according to Bank of England, and Kenyan...
Enforcement against technology companies that engage in anti-competitive practices will remain an enforcement focus of the People’s Bank of China (PBoC), central bank governor Yi Gang said at the Regulating Big Tech conference hosted by the Bank for International Settlements (BIS). Get the Full Story...
MarketForce, a Kenyan company providing B2B distribution for retail clients, is expanding in the wake of a recent funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The great digital shift has enabled all sorts of merchants, particularly small and medium-sized businesses (SMBs), to move beyond their home territories and cross borders to tap new markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Egyptian Ministry of Finance has said there are 3,000 companies that have joined the state-run e-invoice platform e-finance for Digital and Financial Investments, a report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
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In today’s top Europe, the Middle East and Africa (EMEA) news, the European Union could fine Apple $2.7 billion over its near-field communications (NFC) chip technology, and Google pledges $1 billion to boost internet and startups in Africa. Plus, Berlin-based firm Swarm Markets targets the...
Qatar National Bank (QNB) has unveiled its global cross-border payment strategy, which is happening through a partnership with the blockchain solutions provider Ripple. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
