EMEA

PYMNTS’ CE100™ Index Reverses Gains as Weakness In Vroom Offsets Walmart’s Gain

PYMNTS’ CE100™ Index Reverses Gains as Weakness In Vroom Offsets Walmart’s Gain
PYMNTS’ CE100™ Index Reverses Gains as Weakness In Vroom Offsets Walmart’s Gain
March 07, 2022  |  Connected Economy

The rebound — for the Connected Economy 100 Index, at least — proved to be short-lived. Get the Full Story Complete the form to unlock...

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Alma CEO Says Zero Late Fee Policy Risky for BNPL
Alma CEO Says Zero Late Fee Policy Risky for BNPL
March 07, 2022  |  BNPL

Late fees can be an important source of revenue for traditional lenders, and for some credit card companies, it can represent up to 20% of...

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Indian FinTech CredAvenue Reaches Unicorn Status With $1.3B Valuation
Indian FinTech CredAvenue Reaches Unicorn Status With $1.3B Valuation
March 06, 2022  |  Cross-border Payments

CredAvenue, the debt marketplace, is the newest Indian unicorn, having raised $137 million in a funding round, Bloomberg reported Sunday (March 6). Get the Full...

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Mastercard, Visa, PayPal, Amex Suspend Russian Operations
Mastercard, Visa, PayPal, Amex Suspend Russian Operations
March 06, 2022  |  Cross-border Payments

American Express is joining Visa, Mastercard and PayPal in suspending operations in Russia following its invasion of Ukraine, a press release said. Get the Full...

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Digital Dollar Awaits Public Comments, Philippine Central Bank Says No
Digital Dollar Awaits Public Comments, Philippine Central Bank Says No
March 06, 2022  |  CBDC

The U.S. is in a quiet phase of its decision on whether to build and issue a central bank digital currency (CBDC), with the initial...

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Mastercard, Visa Suspend Russian Operations, Condemn Unprovoked Attack on Ukraine 
Mastercard, Visa Suspend Russian Operations, Condemn Unprovoked Attack on Ukraine 
March 05, 2022  |  Payment Methods

The world’s two largest credit card and digital payment processors both announced Saturday (March 5) that they were suspending operations in Russia in response to...

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Aggregators Weekly: Kuwait’s Talabat Mart Delivery Service Expands
Aggregators Weekly: Kuwait’s Talabat Mart Delivery Service Expands
March 04, 2022  |  Delivery

Good news came this week for residents of Assiut, Zagazig, Ismailia and Port Said who have been seeking a food delivery service. Talabat Mart, the...

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UK Health Club Chain Virgin Active Snaps Up Nutrition Firm, Secures Funding
UK Health Club Chain Virgin Active Snaps Up Nutrition Firm, Secures Funding
March 04, 2022  |  Partnerships

U.K. health chain Virgin Active is expanding operations with £88.4 million (roughly $117 million) in funding, the acquisition of a nutrition firm and a new...

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