September 04, 2022
Saudi Central Bank Taps Mohsen AlZahrani to Lead Virtual Assets...
The Saudi Central Bank has appointed Mohsen AlZahrani as the head of its virtual assets and central bank digital currency program, which could see the Gulf state getting more into...
July 20, 2022
PYMNTS GCC Series: Saudi Arabia, at the Intersection of Tech...
In this final installment of the PYMNTS GCC series, we assess the FinTech space in the Kingdom of Saudi Arabia (KSA), the most populous country (close to 36 million) in...
July 12, 2022
The Token Economy: The Promise of Faster, Cheaper Cross-Border Payments
When boosters of cryptocurrency talk about the ways it can turn traditional finance into obsolete finance, cross-border payments are inevitably the first thing they mention. There are reasons. SWIFT has...
July 06, 2022
Today in the Connected Economy: Amazon Forges Deal With Grubhub
Today in the connected economy, Amazon makes a deal with Grubhub that could give it as much as a 15% stake in the food delivery service. Plus, FinTech firm Revolut...
July 06, 2022
Today in FinTech: Voyager Goes Bankrupt; Revolut Teams With Stripe;...
In today’s FinTech news, Voyager has filed for Chapter 11 bankruptcy, adding to the mounting turmoil in the overall cryptocurrency ecosystem. Meanwhile, Revolut and Stripe are making moves in Latin...
July 06, 2022
MoneyGram, Stellar Integrate Wyre With Crypto-to-Cash Conversion Service
Cryptocurrency infrastructure provider Wyre has integrated with digital payments platform MoneyGram’s global on- and off-ramp service for digital wallets that debuted last month on the Stellar Network, according to a...
July 05, 2022
FinTechs Redefine X-Border Payments for African Consumers, SMBs
Remittance corridors that connect African nations to economies in Europe, the Middle East and the U.S. provide a vital lifeline for many individuals moving money across borders. Now, a new...
June 03, 2022
El Salvador Weekly: MoneyGram Starting Stablecoin Remittances as Anti-Bitcoin Sentiment...
MoneyGram is looking at bringing a bitcoin competitor to El Salvador’s remittance market. It’s part of a push by the leading money transfer company to use its partnership with the...
June 02, 2022
EMEA Daily: DoorDash’s $8B International Expansion
In today’s top stories from Europe, the Middle East and Africa, DoorDash acquires Finnish food aggregator Wolt in a bid to expand internationally. Also, Italian payments company Nexi buys the...