Cross-border Payments

Europe
Retail Consumer Demand Slows in Europe, MENA Accelerates Omnichannel
October 27, 2022

In the past week, observers of global retail trends have received the latest statistics from Eurostat, which show that retail sales in the EU fell 0.2% in August for a 1.3% year-on-year decline. A more significant decrease was observed in the eurozone, where the figures...

Europe
Russia’s Tech Brain Drain Provides Eastern European Startups Opportunity For Brain Gain
October 25, 2022

While Western European countries have long dominated the region’s venture capital (VC) landscape, Central and Eastern Europe (CEE) is fast emerging as a hotbed of investment opportunity, with several new funds closed this year. Get the Full Story Complete the form to unlock this article...

Cross-border Payments
Bitcoin Winning Middle Market Appeal for Cross Border Payments
October 24, 2022

There are a lot of potential points of friction or failure in cross-border payments between businesses, ranging from slow finality and high costs to counterparty risk. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Europe
EU Approves Merger of Nordic Mobile Payments Firms MobilePay, Vipps
October 21, 2022

Denmark-based digital payments app MobilePay has announced that the EU Commission has approved its merger with Norway-based smartphone digital payments app Vipps.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Africa
Walmart Gambles on Africa’s Retail Potential
October 21, 2022

Dek: Following Walmart’s decision to take full ownership of Massmart, any suggestion that the retailer could back out of its African venture has been effectively shut down, and it’s now apparent that the U.S. retail giant is deeply invested in doing business on the continent....

Cross-border Payments
How CFOs Navigate the ‘Cross-Border Storms’ of B2B Payments
October 21, 2022

From small businesses to global brands, businesses continue to face challenges when making payments across borders in order to pursue the massive opportunity that doing business globally provides. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Europe
CFOs Lean Toward Short-Term Investments Amid Stock Market Volatility
October 21, 2022

Whether it’s inflation volatility, market volatility or interest rate volatility, the uncertain macroeconomic landscape has had a huge impact on cross-border treasury management, forcing chief financial officers (CFOs) and treasurers to adopt strategies that will help hedge their businesses against the present mix of volatile...

Europe
Exits, Partnerships Signal Ongoing Shakeup In Competitive EU Q-Commerce Market
October 20, 2022

The global delivery food market has been going through a shakeup this year, one that has been defined by high-profile exits, partnerships and consolidation moves as industry players seek to gain an edge in the fast-growing, competitive European quick commerce market. Get the Full Story...

Global Payments
Payroc Debuts Embedded Finance API Platform
October 20, 2022

Global payments company Payroc has debuted a new API suite and developer documentation site, a press release said, which will give technology providers more embedded payments flexibility. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...