EMEA

AWS Sets Up Shop in Nigeria as Startups, Developers Battle Against FX Crisis

AWS Sets Up Shop in Nigeria as Startups, Developers Battle Against FX Crisis
AWS Sets Up Shop in Nigeria as Startups, Developers Battle Against FX Crisis
November 04, 2022  |  Amazon

In a boost for Nigeria’s digital economy, Amazon Web Services (AWS), a subsidiary of Amazon, recently announced the opening of a new office in Lagos,...

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DLT Payments Joins Techstars Berlin Accelerator
DLT Payments Joins Techstars Berlin Accelerator
November 04, 2022  |  Investments

Web3 payment processing company DLT Payments said it has received $120,000 investment from startup accelerator Techstars Berlin to support its work developing payment solutions for...

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Spend Management Firm Pleo Lays Off 15% of Workforce
Spend Management Firm Pleo Lays Off 15% of Workforce
November 04, 2022  |  Personnel

Expense management solution provider Pleo has laid off 150 employees — 15% of its workforce — as it shifts its target from growth to efficiency. ...

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Report: European Parliament Delays Vote on MiCA 
Report: European Parliament Delays Vote on MiCA 
November 04, 2022  |  Cryptocurrency

The EU’s Markets in Crypto Assets (MiCA) legislation looks set to be delayed by several months, with plans for the European Parliament to vote on...

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Corruption Watchdog Criticizes El Salvador’s Bitcoin Spending Secrecy
Corruption Watchdog Criticizes El Salvador’s Bitcoin Spending Secrecy
November 04, 2022  |  Cryptocurrency

El Salvador’s development bank has refused to reveal any details about the country’s purchase of bitcoins for an estimated $107 million. Get the Full Story...

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Saudi Arabia Central Bank Launches Open Banking Framework
Saudi Arabia Central Bank Launches Open Banking Framework
November 04, 2022  |  emea

The Central Bank of Saudi Arabia (SAMA) on Wednesday (Nov. 2) announced the launch of its open banking framework, which includes a set of legislation,...

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Payments Localization, BNPL and Cross-Border Drive PayU’s 3-Year Roadmap
Payments Localization, BNPL and Cross-Border Drive PayU’s 3-Year Roadmap
November 04, 2022  |  Payments Innovation

In economic crises, companies often reflexively clamp down on new product and market development, when in many cases such times can be exploited as springboards...

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Remittance Marketplace Model Unlocks Payments Innovation for GCC Expats
Remittance Marketplace Model Unlocks Payments Innovation for GCC Expats
November 04, 2022  |  Cross-border Payments

As elsewhere, in the Gulf Cooperation Council (GCC) region, the remittance market has traditionally been dominated by a few major players. Get the Full Story...

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Santander UK to Limit Customers’ Payments to Crypto Exchanges 
Santander UK to Limit Customers’ Payments to Crypto Exchanges 
November 03, 2022  |  Cryptocurrency

Noting that it can be risky to invest in cryptocurrency, British bank Santander UK has announced that it will begin limiting the amounts its customers...

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