Today in payments around the world, the U.K. enforces new listing rules for exchanges, and Big Tech firms’ EU woes are far from over. Plus, Berkshire Hathaway’s Munger agrees with China’s crypto ban, Moody’s acquires two European KYC firms, Lids goes international with London stores...
A star of the pandemic digital shift, from massive mobile commerce growth to attracting FinTech investment, Brazil is cementing its position as an epicenter of digital innovation in Latin America. According to the Global Digital Shopping Index: Brazil Edition, a PYMNTS and Cybersource collaboration, 41%...
Starting Friday (Dec. 3), Britain’s regulatory body, the Financial Conduct Authority (FCA), will enforce a series of new listing rules in a move that is expected to strengthen the financial center’s ability to compete with New York and the European Union following Brexit. According to...
Didi Global, the China-based ride-hailing group, intends to delist in the U.S. and pursue a listing in Hong Kong, The Wall Street Journal reported. The company board supports that course of action, the report says. Didi has faced some trouble as of late, PYMNTS writes, with...
In today’s top Europe, Middle East and Africa (EMEA) news, the U.K. revises listing rules for exchanges; Facebook could face potential litigation over alleged European Union privacy violations; the U.K.’s Financial Conduct Authority (FCA) scraps a 90-day reauthentication open banking rule; Wirex launches a $1...
In an effort to help London keep pace with New York, Britain’s stock markets overseer said new listing regulations would debut this week, according to a Thursday (Dec. 2) report from Reuters. The updated rules, which were available for public review earlier this year, are...
In today’s top Europe, Middle East and Africa (EMEA) news, the U.K.’s Cazoo expands into mainland Europe; Israeli FinTech startup Anchor closes a $15 million seed round; the U.K.’s Financial Conduct Authority (FCA) proposes changes to European Union regulation; Saudi food delivery platform Jahez plans...
Singapore-based global payments company Thunes has teamed up with Brazil-based international digital payments platform Bexs Banco to bring real-time payments to Brazil, the companies announced Wednesday (Dec. 1). The partnership brings increased speed and transparency to inbound transactions for Brazilian recipients through Thunes, and the...
European digital banking and payments provider PPS has debuted Google Pay functionality in the U.K. through challenger bank customer Monese, according to a press release. The rollout signifies growth for the mobile wallet market, the release stated. PPS now delivers Google Pay, Apple Pay and...
