EMEA

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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NFT Vending Machine Draws Lackluster Response in London
NFT Vending Machine Draws Lackluster Response in London
November 03, 2022  |  NFTs

As part of its mission to clear the barriers to entry to purchasing non-fungible tokens (NFTs), myNFT placed a vending machine selling the digital assets in...

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