Today in Europe, the Middle East and Africa, the U.K’s Competition and Markets authority announced that Meta is set to sell Giphy following the authority’s antitrust ruling. Meanwhile, Wise upgraded its outlook for 2022 against a backdrop of increased transaction fees for customers. Get the...
Wise, the U.K.-based cross-border money transfer business, has increased the average cost of transactions for the first time since 2020. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
After a couple of decades, you’d think that electronic invoicing would be pretty much perfected — a done deal, with standardized formats across companies and across countries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
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 this form, you agree to receive marketing communications from PYMNTS and...
With some 40 currencies across 54 countries, divergent preferences for payment methods and even the same payment method processed differently depending on the country, it’s safe to say the African payment landscape is deeply fragmented. Get the Full Story Complete the form to unlock this...
Last month, when then-Chancellor of the Exchequer Kwasi Kwarteng announced sweeping tax cuts in the U.K., the currency markets reacted with swift retribution for what was perceived as a reckless decision that prioritized free market zeal over fiscal responsibility. Get the Full Story Complete the...
Today in Europe, the Middle East and Africa (EMEA), Coinbase has hired a new managing director for EMEA, and Samsung is launching its digital wallet in 11 new markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Having pioneered one of the Middle East and North Africa (MENA) region’s first FinTech regulatory sandboxes, the Gulf state of Bahrain has recently moved to introduce a similar initiative for the telecommunications sector. Get the Full Story Complete the form to unlock this article and...
Today in Europe, the Middle East and Africa, Italian banking group, Mediobanca announced it has made two acquisitions in the BNPL space., and the emirate of Ajman launched a new government payment portal in the metaverse. Get the Full Story Complete the form to unlock...
