EMEA

Report: Stablecoin Caps are Being Reconsidered as MiCA Vote Nears
Report: Stablecoin Caps are Being Reconsidered as MiCA Vote Nears
October 25, 2022  |  Regulation

The caps placed on stablecoins in the Markets in Crypto Assets Regulation (MiCA) legislation that is now being considered by the European Parliament are reportedly...

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Biometrics Offers MENA Customers Frictionless, Secure Online Authentication
Biometrics Offers MENA Customers Frictionless, Secure Online Authentication
October 25, 2022  |  Biometrics

Along with the pressure to speed up digital transformation at the onset of the pandemic, businesses around the world soon realized that the acceleration would...

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Kuwait’s Central Bank Asks Volunteers to Test Its BNPL Product
Kuwait’s Central Bank Asks Volunteers to Test Its BNPL Product
October 24, 2022  |  Buy Now Pay Later

The Central Bank of Kuwait (CBK) announced that it has allowed a new buy now, pay later (BNPL) product to begin testing with volunteer customers...

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Dutch B2B Lending Platform Floryn Secures $64M From NatWest
Dutch B2B Lending Platform Floryn Secures $64M From NatWest
October 24, 2022  |  Investments

Floryn, a Netherlands-based online lending firm for small- to medium-sized businesses (SMBs), announced on Friday (Oct. 21) that it has raised 65 million euros ($64...

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Mobile Money-Telecom Decoupling to Bolster Interoperability, Benefit Africa’s PSPs
Mobile Money-Telecom Decoupling to Bolster Interoperability, Benefit Africa’s PSPs
October 24, 2022  |  Mobile Wallets

As part of the ongoing separation of Airtel Africa’s mobile money business from the parent telecommunications company, Airtel Kenya’s division has become the latest to...

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Credit Suisse Settles French Tax Case for $235M
Credit Suisse Settles French Tax Case for $235M
October 24, 2022  |  AML

Credit Suisse will pay 238 million euros ($235 million) to settle a tax fraud and money laundering case in France. Get the Full Story Complete...

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EU Remains Resilient As VAT U-Turn Threatens UK Luxury Retail Revenue
EU Remains Resilient As VAT U-Turn Threatens UK Luxury Retail Revenue
October 24, 2022  |  Retail

Dek: The decision to scrap a VAT exemption for travelers to the U.K. will be felt most by the country’s luxury retailers, which are largely...

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Moneyhub Raises $39M, Plans International Expansion
Moneyhub Raises $39M, Plans International Expansion
October 24, 2022  |  Investments

U.K.-based payments platform Moneyhub has raised $39.5 million as it looks to expand its offerings amid the region’s continued embrace of open finance. Get the...

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Scale up Digital Capabilities Now to Stay Ahead Tomorrow
Scale up Digital Capabilities Now to Stay Ahead Tomorrow
October 24, 2022  |  Opinion

During times of crisis, digital capabilities become key to business survival, LS Retail CTO Dadi Karason writes in the new PYMNTS eBook, “What’s Your Plan?...

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