Cross-border Payments

MENA
Ascenda, BSF Team to Offer Banking Rewards in Middle East
June 17, 2022

Payments and banking rewards provider Ascenda has formed a partnership with Saudi Arabia’s Banque Saudi Fransi (BSF), the companies said in a news release Thursday (June 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Europe
ECB Official Touts Public-Private Cooperation in Payments Digitization
June 16, 2022

The European Central Bank (ECB) will be eyeing the effects of digitization, including ways to “stay at the technological frontier and satisfy consumers’ demand for immediacy while preserving our sovereignty,” ECB Board Member Fabio Panetta said in a keynote speech during the European Payments Council’s...

Cross-border Payments
EMEA Daily: Bank of Ghana Introduces GhanaPay Mobile Wallet
June 16, 2022

In today’s top stories from Europe, the Middle East and Africa (EMEA), the Bank of Ghana has introduced a brand new mobile wallet, GhanaPay. Plus, United Kingdom clothing brand Boohoo looks into charging fees for online returns, Qualcomm wins its appeal of a recent $1...

Europe
EMEA Daily: UK Renews Crypto Hub Offering
June 15, 2022

In today’s top stories from Europe, the Middle East, and North Africa, the U.K. restates its wish to become a global crypto hub, while an EU official calls on Europe’s parliament to adopt new crypto trading regulations. Get the Full Story Complete the form to...

Europe
EMEA Daily: Banking Services Provider LHV UK Introduces Confirmation of Payee Service to Combat Payment...
June 14, 2022

In today’s top stories from Europe, the Middle East and Africa, trade finance bank Neotrade is expanding its trade finance services for SMBs in the U.K. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cross-border Payments
EMEA Daily: Credit Suisse Placed on UK Watchlist
June 13, 2022

In today’s top stories from Europe, the Middle East and Africa (EMEA), the United Kingdom’s top financial regulator places Swiss investment bank Credit Suisse on a watchlist until it shows it can improve its culture and accountability measures. Plus, Apple finally reaches an agreement with...

Europe
Is 2022 the Year Islamic FinTech Takes Off?
June 13, 2022

In the world of Islamic banking, the intrinsic difficulty of interpreting texts written over a thousand years ago in light of modern innovations means it isn’t always easy to find consensus over whether financial tools and practices comply with Sharia. Get the Full Story Complete...

Europe
EMEA Daily: EU Unveils New BNPL Rules
June 10, 2022

In today’s top stories from Europe, the Middle East and Africa, the European Union prepares new rules for buy now, pay later (BNPL) companies that would reduce their transparency requirements. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Europe
BOE: UK Banks Need to Show They Can Fail ‘Safely’
June 10, 2022

Three of the U.K.’s biggest lenders need to do more to show they could fail without harming customers and taxpayers, the Bank of England (BOE) said Friday (June 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...