International

International
EMEA Daily: Ikea Pushes Affordability as Inflation Looms
October 13, 2022

Today in Europe, the Middle East and Africa (EMEA) news, Ikea reaffirms its commitment to affordability, while Adyen announces the launch of its platform in Mexico. Ikea Pushes Affordability as Inflation Looms Swedish home furnishings company Ikea said retail sales have picked up over the...

International
Adyen Launches Payment Platform in Mexico
October 13, 2022

Amsterdam-based FinTech Adyen announced Thursday (Oct. 13) that it is launching its unified commerce solution in Mexico. In a press release announcing the launch, Adyen said it has recently enabled full acquiring capabilities in Mexico, allowing it to offer the platform thanks to direct payment...

International
EMEA Daily: Worldline Enables Indian Payment Methods RuPay and UPI in Europe
October 11, 2022

Today in Europe, the Middle East and Africa (EMEA) news, Worldline partners with the National Payments Corporation of India (NPCI) to expand the acceptance of Indian payment methods across Europe. Plus, B2B buy now, pay later (BNPL) provider Hokodo launches a Shopify integration for merchants....

International
EMEA Daily: Euro, Dollar Clearing Agencies Prep for Real-Time Transatlantic Payments
October 06, 2022

Today in Europe, the Middle East and Africa (EMEA) news, The Clearing House (TCH), EBA CLEARING, and SWIFT are on track to begin piloting their transatlantic instant payment system known as Immediate Cross-Border Payments (IXB). Meanwhile, the day after the European Commission published a draft...

International
Gig Economy Work Gets Boost From Mobility Platforms in EMEA
October 06, 2022

The rise of mobility platforms such as the ride-hailing app Uber has transformed the way people move around cities. To date, the model has been compared to a digital taxi booking service, only it embraces the gig economy. But in recent times, the basic model...

International
Huawei Leverages 5G, Strategic Partnerships to Cement Presence in MENA
October 05, 2022

Which businesses national governments choose to work with, and which ones they don’t, can be a telling indicator of global alliances and geopolitical positioning. Perhaps nowhere else is this more apparent than with the Chinese technology firm Huawei, and the mixed reception it has received...

International
EMEA Daily: MoneyGram Powers Remittances for UAE’s Jingle Pay App
October 04, 2022

Today in Europe, the Middle East and Africa (EMEA) news, Moneygram announces a new partnership with Jingle Pay, while the European Council officially approves the Digital Services Act. MoneyGram Powers Remittances for UAE’s Jingle Pay App Money transfer service businesses MoneyGram and Jingle Pay have...

International
US FinTech Synapse Eyes Expansion Into India, LatAm
September 29, 2022

U.S. FinTech Synapse, which provides U.S. checking accounts to abroad clients, is close to 1 million Brazilian accounts and will be looking to expand to other countries in Latin America and India. Synapse lets clients open accounts through Synapse partners in home countries. The company...

International
Spanish Bank Sabadell Begins Discussions to Sell Payments Arm
September 23, 2022

Spanish financial services company Banco Sabadell is in discussions to sell its payments business and has thus far received bids from three companies, according to published reports. The Barcelona-based bank has gotten offers from American financial services firm Fiserv, the French company Worldline and Italy’s...