Today in payments around the world, VertoFX raises $10 million to expand currencies on its platform, and Ofbusiness’ B2B platform is valued at $3 billion. Plus, Andela‘s recent funding round makes it the sixth unicorn in Africa, and EML Payments acquires Sentenial to push into...
Western Union is teaming up with major financial institutions (FIs) in Africa to make digital cross-border money transfers and bill payments faster and easier, according to a press release on Thursday (Sept. 30). Get the Full Story Complete the form to unlock this article and...
For central bank digital currencies (CBDCs), time is of the essence. Literally. 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...
In today’s top Europe, the Middle East and Africa (EMEA) news, U.S. and EU officials met in Pittsburgh to discuss technology regulation, while U.K. commercial bank OakNorth is now valued at $5 billion. Plus, U.K.-based digital bank Starling expands into Europe, 6 million merchants march...
Officials from the U.S. and the European Union are meeting on Wednesday (Sept. 29) to forge a unified stance regarding new technologies while also expanding trade and investment ties, according to multiple reports. Get the Full Story Complete the form to unlock this article and...
Mobile wallet company GCash is aiming to remove friction from financial services in the Philippines where consumers have seen challenges, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The U.S. will assemble allies, particularly those in Europe, to compel the deceleration of China’s innovation, Commerce Secretary Gina Raimondo said Tuesday (Sept. 28), according to a CNBC report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
ICICI Bank on Monday (Sept. 27) announced it has partnered with Amazon India to offer overdraft protection up to 25 lakh rupees ($33,856) for Amazon India sellers and small businesses, according to a press release from the bank. Get the Full Story Complete the form...
Wise, a digital money transfer platform, is joining Australia’s New Payments Platform (NPP) in a move designed to let transfers be settled in the country quicker and at less cost, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy...