A report by the MENA Fintech Association (MFTA) analyzing the landscape of cross-border payments across the region has found that cost, speed, accessibility and transparency are issues creating friction in payments both between MENA countries (intra-MENA) and between MENA countries and the rest of the...
In today’s top stories from Europe, the Middle East and Africa, the U.K. looks at overhauling its decades-old Consumer Credit Act to reduce costs for businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The United Kingdom government has announced plans to reform the Consumer Credit Act, which regulates credit card purchases and personal loans. The proposed overhaul aims at cutting costs for businesses and simplifying rules for consumers. Get the Full Story Complete the form to unlock this...
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...
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...
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...
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...
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...
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...
