In today’s top Europe, Middle East and Africa news, loan providers that do not charge penalty fees risk losing revenue, while MiCA, the European Union’s Markets in Crypto Assets legislation, is set for a vote next week. Get the Full Story Complete the form to...
The Bank of London, the first purpose-built global clearing agency and transaction bank, has announced that it has become a directly connected settling participant (DCSP) with the Faster Payment System, a press release said. Get the Full Story Complete the form to unlock this article...
Billionaire Bill Ackman has thrown his support behind a Web3 venture fund focused on the metaverse, gaming, social media and decentralized finance, according to a Monday (March 7) report from Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Egyptian trucking technology platform and marketplace Naqla raked in $10.5 million in a Pre-Series A fundraising round that it will use “to invest further in its commitment to advancing technology and digitization,” according to a company press release Monday (March 7). Get the Full Story...
Banks might be leaving London more if the European Central Bank (ECB) adds more scrutiny, Bloomberg reported Monday (March 7), citing Jon Cunliffe, the Bank of England deputy governor. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Today in retail, Kohl’s reinvents its brand, while Bed Bath & Beyond considers a sale. Plus, Binance unveils payments technology firm Bifinity, Walmart partners with Space NK, and rising gas prices complicate the retail sector. Get the Full Story Complete the form to unlock this...
Demand for food delivery remains high even as ongoing inflation and labor challenges put additional pressures on the channel that was never economically sound to begin with. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
FOO, a business-to-business (B2B) software-as-a-service (SaaS) platform based in the United Arab Emirates (UAE), and NymCard, a banking-as-a-service (BaaS) and card provider serving the Middle East and North Africa (MENA), have teamed up on digital payment services for businesses across the region, according to a...
London-based CIBC Innovation Banking has invested $12 million in growth financing in Phorest, an online booking and management software platform for salon owners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
