International

Global Payments
Transact365 Brings Cross-Border Payments to India
January 25, 2022

Transact365, a FinTech based in the United Kingdom, has added cross-border payments for merchants to and from India to its suite of services, according to a Tuesday (Jan. 25) press release emailed to PYMNTS. Transact365’s gateway solution allows merchants to access new opportunities in India...

International
UK Challenger Banks Facilitate Loan Access With Credit Builder Tools
January 25, 2022

Credit invisible customers and businesses often face an uphill battle when accessing credit in the United Kingdom because they have little or no credit history with U.K. credit agencies. In 2021 for example, Experian estimated that nearly 5.2 million people in the country were excluded...

International
Why Doesn’t Europe Have a Financial Super App?
January 25, 2022

“Another two years.” That’s all the time Cyril Chiche, co-founder and CEO of French FinTech unicorn Lydia, believes it will take for France to stand shoulder to shoulder with the United Kingdom or Ireland, currently the top destinations for startup funding in Europe. And there...

International
EMEA Daily: EU Commission Finds Two-Thirds of EU Websites Violate Consumer Protection Laws, German Publishers...
January 24, 2022

In today’s top Europe, Middle East and Africa news, most EU websites checked by a consumer protection agency raised doubts about the reliability of reviews, and a group of German publishers are demanding the EU stop Google’s plan to end the use of third-party cookies....

International
Indian Banks Might See More Loan Growth as Economy Recovers, Report Says
January 24, 2022

Indian banks could see more lending and greater net interest margins this year as the country’s economy recovers, a report from S&P Global says. Bank credit has boosted to 9.2% year-over-year as of December 2021, the report says, citing Reserve Bank of India data. Comparably,...

International
Greek Media Reports: JPMorgan Considers Buying Into Viva Wallet
January 24, 2022

U.S. bank J.P. Morgan Chase could soon acquire almost half of cloud-based Greek payments company Viva Wallet, according to Greek media reports Monday (Jan. 24) that didn’t identify their sources but were cited by Reuters. Viva Wallet offers card acceptance services through its point of...

International
German Publishers Oppose Google’s Plan to End Third-Party Cookies
January 24, 2022

Google started the week off with another complaint. This time, it’s a group of German publishers and advertisers who are demanding that the European Union (EU) stop the search giant’s plan to end the use of third-party cookies, The Financial Times reported on Monday (Jan....

International
UK Economic Crime Tops What Gov’t Spends to Fight It, Data Shows
January 23, 2022

A report from anti-graft charity Spotlight on Corruption says economic crime in the U.K. ends up costing the government “hundreds of times more” than the government spends fighting it, according to a Financial Times report Sunday (Jan. 23). The Spotlight on Corruption report goes on...

International
India Tests Internet-Free Digital UPI Payments
January 23, 2022

The National Payments Corp. of India is testing a solution to allow Unified Payments Interface (UPI) based digital pay without an internet connection, Mint reported Sunday (Jan. 23). The solution, called UPI Lite, will likely be used initially in rural areas to allow for small...