In today’s top news from Europe, the Middle East and Africa (EMEA), South African retailer Massmart struggles to stay afloat, and financial institution Mashreq unveils a business service platform for small- to medium-sized businesses. Walmart-Owned Massmart Can’t Overcome Pandemic, Inflation, Other Hurdles With Walmart set...
Major news organizations like The Wall Street Journal, The New York Times and The Washington Post are among the media outlets that will be affected by Meta’s recent decision to phase out exclusive deals with news publishers. The planned axing of paid deals with American...
In today’s top news from Europe, the Middle East and Africa (EMEA), Egyptian food sector startups are counting on digital solutions to drive growth, and Digital bank Tandem has joined the Raisin UK online savings marketplace. UK Sees Surge in Pawnbroking as Inflation Continues to...
The Central Bank of Kenya issued a letter on Friday (July 29) directing banking and mortgage CEOs to cease transactions with Kenyan FinTechs Flutterwave Payments and Chipper Technologies. “It has come to the attention of the Central Bank of Kenya (CBK) that Flutterwave Payments Technology...
Having risen steadily for years, eCommerce growth experienced a marked acceleration during the COVID-19 pandemic. This week in Europe, the Middle East and Africa, there are signs that growth in the eCommerce sector is beginning to slow. As research carried out by Mastercard and the...
For a country that has a population of less than half a million, Iceland has an impressively diverse tech scene that includes a number of pioneering FinTech players. The country’s FinTech landscape can be roughly divided into two clusters; one group of blockchain-focused developers blurring...
In today’s top news from Europe, the Middle East and Africa (EMEA), financial institutions (FIs) in several countries have begun to launch information-sharing platforms in an effort to better spot fraud and money laundering. Research overseen by the United Kingdom think tank the Royal United...
Network International, a provider of digital payment solutions, announced Monday (July 25) that it will bring WhatsApp for Business banking services to financial institutions across Africa, thanks to a collaboration with the cloud communications company Infobip. WhatsApp for Business is an enhanced version of WhatsApp’s...
In today’s top news from Europe, the Middle East and Africa (EMEA), Fidel API CTO Andre Elias discusses APIs, Pan-African payment solutions provider Bizao announces a funding round and French digital bank Qonto says it will acquire German rival Penta. Real-Time Payments, APIs and Infrastructure...