Cross-border Payments

Europe
EMEA Daily: Ping Express Pleads Guilty to Failing to Maintain Adequate AML Safeguards
July 15, 2022

In today’s top news from Europe, the Middle East and Africa (EMEA), Ping Express pleads guilty to anti-money laundering failings, plus Amazon adds new jobs in the U.K. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Europe
PYMNTS GCC Series: Still in Its Infancy, Oman FinTech Hub Shows Huge Potential for Growth
July 15, 2022

Often referred to as rentier states due to their dependence on oil revenue, Gulf Cooperation Council (GCC) countries — Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE) — have all set out economic transformation agendas to diversify their economies and reduce...

Europe
Croatia’s Adopting Euro May Be Silver Lining for Struggling Eurozone Economy
July 14, 2022

Earlier this week (July 12), the European Union Council officially approved Croatia’s entry into the eurozone, setting the stage for the euro currency to become legal tender in the country on Jan. 1, 2023. Get the Full Story Complete the form to unlock this article...

Cross-border Payments
UK Online Safety Bill Put on Hold
July 14, 2022

In a move that sparked relief among the tech industry, the United Kingdom’s online safety bill has been postponed for at least several weeks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Europe
EMEA Daily: UK Government to Pay out $43.6B to Support Households
July 14, 2022

In today’s top news from Europe, the Middle East and Africa (EMEA), the U.K. government is set to pay out nearly $44 billion in “cost of living” payments, South African mobility FinTech Moove has raised $20 million and more. Get the Full Story Complete the...

Europe
UK Government to Pay Out $43.6B to Support Households
July 14, 2022

The U.K. government is set to make a series of “cost of living” payments beginning Thursday (July 14) to millions of households in the country to help struggling Britons keep up with soaring food prices and energy bills, according to a June 22 press release....

Cross-border Payments
What Will London’s Place Be in the Future of Global Clearing?
July 13, 2022

Investors would argue that New York, home to the two largest stock exchanges in the world, is clearly the nerve center of the global economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Europe
Croatia Gets EU Approval to Adopt Euro
July 13, 2022

The European Union on Tuesday (July 12) gave its final approval for Croatia to adopt the euro early next year at a signing ceremony in Brussels, making it the 20th member country to adopt it as its official currency. Get the Full Story Complete the...

Cross-border Payments
EMEA Daily: EU Court OKs Antitrust Probe Into Illumina’s Bid to Acquire Grail; The Luxury...
July 13, 2022

EU Court OKs Antitrust Probe Into Illumina’s Bid to Acquire Grail 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 completing...