India will soon be home to a new neobank called Coupl, which is designed specifically for couples, according to a FinTech Futures report Monday (Feb. 7). The digital bank will allow users to set up joint accounts and manage their money jointly, including savings, expenses...
Smartphones and the internet have steadily become more ubiquitous in Latin America over the past two years, helping more of the region’s consumers utilize digital channels to shop, pay and consume media. Latin American shoppers who tried online channels for the first time during the pandemic...
Several companies are vying to be the first China-headquartered business to go public in the U.S. since July, Financial Times writes. That will test regulators’ willingness to accept listings in the wake of both countries’ clampdowns since then. The report says there were six China-...
London-based FinTech Railsbank, which offers digital banking services, is now closing in on unicorn status, Sky News reported Friday (Feb. 4). The company also recently got in on some assets of Wirecard, the collapsed and fraud-ridden German payments company. Railsbank is working on plans to...
In today’s top Europe, Middle East and Africa (EMEA) news, the U.K.’s competition regulator has fined Meta $2 million for failing to reveal staff departures, and the European Commission will propose legislation to deal with microchip shortages in Europe. Plus, Airtel Africa, a division of...
Latin American consumers are flocking to new virtual streaming and subscription platforms. In The Global Merchants’ Guide To Latin America, Navdeep Saini, co-founder and CEO of video-as-a-service provider DistroScale explains the importance of streaming media providers to meet the evolving payment preferences and loyalty of...
The Central Bank of Kuwait (CBK) has issued guidelines for establishing digital banks, with the hope of approving new digital bank applications by the end of the year. As the Arab Times reported Thursday (Feb. 3), CBK Governor Mohammad Y. Al- Hashel stressed that guaranteeing...
In today’s top Europe, Middle East and Africa (EMEA) news, four social media giants are suing the German government over its online hate speech law, and a European privacy protection watchdog has ruled the AdTech industry is violating privacy rules. Plus, European restaurant owners regain...
Digital payments are becoming more common across Latin America as the pandemic’s influence persuades more consumers to head online for everything from banking to entertainment. More consumers are turning to subscription-based services to find engaging, unique online content, with digital subscriptions increasing 32% during the...
