Cross-border Payments

Europe
EMEA Daily: Flutterwave Launches eNaira Payments for Businesses in Nigeria; Google’s Appeal of EU’s Record...
September 14, 2022

Today in Europe, the Middle East and Africa, Nigerian PayTech Flutterwave has launched support for the eNaira, and Google’s appeal of an EU fine results in a 5% reduction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cross-border Payments
The Data Point: 22% of Merchants Average 14% of Revenue From APAC Cross-border Sales
September 14, 2022

Perhaps the most sought-after region in the world for cross-border sales today, the Asia-Pacific (APAC) region already represents appreciable sales cross-border sales volumes, and merchants are seeking solutions and strategies to grow that figure considerably. Get the Full Story Complete the form to unlock this...

Cross-border Payments
LianLian Global Offers Full Value Payments Guarantee to China
September 14, 2022

Cross-border payments service provider LianLian Global announced Wednesday (Sept. 14) that it is offering the world’s first cross-border payments guarantee to China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Europe
EMEA Daily: Verto and Xente Team up on NGO Payments; Wio Digital Bank Launches in...
September 13, 2022

Today in Europe, the Middle East and Africa (EMEA), Verto has partnered with Xente to provide payment services to NGOs and the United Arab Emirates gets a new digital bank in Wio. Get the Full Story Complete the form to unlock this article and enjoy...

Europe
Ecobank Group CEO Ayeyemi to Retire; Board Names Jeremy Awori New CEO
September 12, 2022

African banking group Ecobank has announced that its current CEO Ade Ayeyemi will retire after he turns 60 years old, which is in line with the company policy, a press release said. Get the Full Story Complete the form to unlock this article and enjoy...

Europe
Russia Pipeline Shutdown Proves Renewables Financing More Critical Than Ever
September 12, 2022

Across Europe, the continent’s overreliance on Russian gas has been a hot topic ever since relations with the country soured following its invasion of Ukraine earlier this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Europe
EMEA Daily: Turkish Banks Reduce Lending Due to Regulations; Electrolux Sees Scaling Back on Appliance...
September 12, 2022

In today’s news from Europe, the Middle East and Africa (EMEA), Turkish banking regulations are causing banks to pull back on corporate lending, Electrolux is facing weak demand for home appliances and more. Get the Full Story Complete the form to unlock this article and...

Cross-border Payments
JPMorgan: Strong Dollar Prompts Cross-Border Rethink of Idle Cash, Liquidity Strategies
September 12, 2022

Among the surprises in 2022 — a year full of them in the financial realm — the strong dollar is now a challenge (and opportunity) that corporates must wrestle with as they make $140 trillion in cross-border transactions annually and manage daily liquidity. Get the...

Cross-border Payments
Indian EdTech Giant Byju’s Under Pressure for Failing to Publish Accounts
September 11, 2022

Indian EdTech company Byju’s is facing intense scrutiny from the government, as well as investors and creditors, over failures to publish its accounts while funding dries up for education businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...