International

International
Glitches, Fraud and High Fees Upset El Salvador’s Bitcoin Chivo Wallet Users
October 31, 2021

The use of cryptocurrency as legal currency has been in force in El Salvador since Sept. 7, and in that period, user complaints continue to pile up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Global Payments
Cross-Border Payments Platform Tranglo Moves Into Mongolia
October 31, 2021

Cross-border payment hub Tranglo is bringing its services to Mongolia, with an eye on improving payments there, crowdfundraiser.com reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

International
Germans Hit with Higher Prices Across the Board 
October 28, 2021

Germans will have to dig a little deeper to overcome supply shortages and increased energy prices that are leading to higher production costs on myriad products, from their favorite beers to new cars, according to a Reuters report on Thursday (Oct. 28).  Get the Full...

Global Payments
Velo Labs, Inception Collaborate on Cross-Border Payments
October 27, 2021

The cross-border settlement FinTech Velo Labs has launched a partnership with Inception, a Thai firm specializing in cross-border remittances in Southeast Asia.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Global Payments
Blockchain Platform Partior Begins Supporting Cross-Border Payments 
October 27, 2021

Partior, the blockchain-based clearing/settlement platform backed by JPMorgan and the government of Singapore, has begun supporting cross-border payments.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

International
Flutterwave Enables X-Border Payments From Europe to Africa 
October 26, 2021

Global payments technology startup Flutterwave, in conjunction with nonprofit Stellar Development Foundation, has introduced two new remittance passageways between Europe and Africa on the Stellar cross-country transaction system, according to a Monday (Oct. 25) press release.   Get the Full Story Complete the form to...

International
Ireland Should Adopt Crypto Regs, BNY Mellon Says
October 26, 2021

Corporate investment banking company BNY Mellon has encouraged Ireland’s finance ministry to adopt cryptocurrency rules while the European Union regulations are still underway, according to a Sunday (Oct. 24) report from Irish Independent. Get the Full Story Complete the form to unlock this article and...

International
EMEA Daily: German Delivery Hero Buys Minority Stake In Gorillas Delivery Startup; UK P2P Lender...
October 19, 2021

In today’s top EMEA news, Berlin-based Delivery Hero acquires minority stake in Gorillas delivery startup, UK P2P Lender Zopa raises $303 million. Plus, digital bank Lunar buys payments platform Paylike, U.K. supermarket giant Tesco takes on Amazon Go, and FinTech payments startup Primer raised $50 million. Get the Full...

International
Alibaba Buys Stake in Ocean Liner Company Transfar Shipping 
October 18, 2021

Chinese eCommerce platform Alibaba last year bought just over 10% of Singapore-based ocean liner operator Transfar Shipping, which sails between China and the west coast of the U.S., according to a report in The Loadstar on Monday (Oct. 18).  Get the Full Story Complete the...