EMEA

Banking License Puts Profitability Within Reach for UAE Neobanks

Banking License Puts Profitability Within Reach for UAE Neobanks
Banking License Puts Profitability Within Reach for UAE Neobanks
October 03, 2022  |  Banking

If the Middle East was late to the neobank party, the United Arab Emirates, at least, is making strides toward the future of digital banking....

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Amazon Says UK Seller Roster Grew 25% in 2021
Amazon Says UK Seller Roster Grew 25% in 2021
October 02, 2022  |  eCommerce

The number of small- and medium-sized businesses in Britain selling over Amazon increased by more than 25 percent in 2021 — a growth rate far...

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Afreximbank Launches AfPAY Trade Payment Service in Africa
Afreximbank Launches AfPAY Trade Payment Service in Africa
October 02, 2022  |  B2B Payments

The African Export-Import Bank, or Afreximbank, announced Thursday (Sept. 29) the broad launch of a payment service called AfPAY with the stated goal of facilitating...

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UBS-Wealthfront Deal Reportedly Shot Down by Shareholders, US Regulators
UBS-Wealthfront Deal Reportedly Shot Down by Shareholders, US Regulators
October 02, 2022  |  Partnerships

Swiss bank UBS reportedly dropped its bid for U.S. wealth-management operation Wealthfront last month due to pushback from shareholders and U.S. regulators. Get the Full...

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Strong Dollar Makes UK Businesses Vulnerable to Takeovers
Strong Dollar Makes UK Businesses Vulnerable to Takeovers
October 02, 2022  |  Business

A leader in London’s finance world has publicly expressed concern that British companies are vulnerable to being taken over by foreign entities taking advantage of...

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RegTechs Drive Innovative Compliance as EU Strengthens ESG Regulation
RegTechs Drive Innovative Compliance as EU Strengthens ESG Regulation
October 02, 2022  |  Legal & Regulation

While the rise of environmental, social and governance (ESG) investing has been instrumental in the success of the fossil fuel divestment movement so far, critics...

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Programmable Money’s Private Problem
Programmable Money’s Private Problem
September 30, 2022  |  Cryptocurrency

Programmable money has become one of the latest buzzwords as people talk about the rise of cryptocurrencies that are actually used for payments — like...

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EMEA Daily: Retailers Revisit ‘Free Shipping, Free Returns’ as Costs Soar
EMEA Daily: Retailers Revisit ‘Free Shipping, Free Returns’ as Costs Soar
September 30, 2022  |  Europe

Today in Europe, the Middle East and Africa, H&M announced that it will trial charging a fee when customers return items they’ve purchased online and...

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