Cross-border Payments

Cross-border Payments
India’s Oyo Hotels Pausing IPO 
May 24, 2022

Hospitality startup Oyo Hotels is putting plans for an initial public offering (IPO) on hold until after September to clean up its financial house and ride out the volatility in the markets, according to media reports on Tuesday (May 24), citing unnamed sources with insider...

Cross-border Payments
PBOC to Banks: Step Up Loan, Mortgage Approvals  
May 24, 2022

Regulators are telling banks in China to step up loan approvals and keep the flow of mortgages going as the world’s second-largest economy remains on shaky ground due to COVID outbreaks this year, according to media reports on Tuesday (May 24). Get the Full Story...

Europe
EMEA Daily: EU Meets Big Tech, Gorillas Cuts Jobs
May 24, 2022

In today’s top stories from Europe, the Middle East and Africa, representatives of the European Parliament travel to Silicon Valley for a week-long meeting with companies such as Apple, Meta and Google. Get the Full Story Complete the form to unlock this article and enjoy...

Europe
EMEA Daily: Ted Baker Getting Closer to a Buyer
May 23, 2022

In today’s top stories from Europe, the Middle East and Africa, British fashion retailer Ted Baker says it has narrowed down the possibilities for a potential buyer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Europe
Sokin, Mastercard Expand Digital Banking Partnership Across MENA
May 23, 2022

United Kingdom-based global currency account provider Sokin announced an expanded partnership with Mastercard to offer consumers in almost 40 new markets across the Middle East and Africa more transparency through fixed-price payment services. Get the Full Story Complete the form to unlock this article and...

Europe
EMEA Daily: G-7 Countries Want Crypto Regulated
May 20, 2022

In today’s top stories from Europe, the Middle East and Africa, financial leaders from the G-7 countries call for regulations on cryptocurrency following the stablecoin collapse. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cross-border Payments
EMEA Daily: Mastercard, OPay, Team up in Middle East
May 19, 2022

In today’s top Europe, Middle East and Africa news, Mastercard joins forces with mobile payments firm OPay to promote financial inclusion in Africa and the Middle East. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Cross-border Payments
EMEA Daily: UK to Unveil New Rules to Target Push Payment Fraud
May 18, 2022

In today’s top Europe, Middle East and Africa (EMEA) news, the United Kingdom’s Payment System Regulator (PSR) gets ready to roll out new rules targeting authorized push payment (APP) fraud. Plus, Dubai-based FinTech Pemo lands $12 million in seed funding, African health startup CarePoint raises...

Cross-border Payments
EMEA Daily: Earlybird Catches $370M in Investments
May 17, 2022

In today’s top Europe, Middle East and Africa (EMEA) news, Germany’s Earlybird Venture Capital closes a $370 million fund and backs two newly-minted unicorns. Plus, Mastercard teams up with MultiPay to provide installment payment options to customers in Ireland, and Oman’s Bank Muscat unveils new...