Financial services startup Airwallex is launching global payments in New Zealand to offer businesses international collections, multi-currency wallets in over 11 currencies, and local payouts in over 30 currencies, according to a Wednesday (June 29) press release. Get the Full Story Complete the form to unlock this...
Chinese officials on Wednesday (June 22) approved the promotion of the “healthy” development of the payment and FinTech sectors across the nation, according to a Bloomberg report, perhaps a sign leaders won’t look as harshly at tech companies in the future. Get the Full Story...
In today’s top stories from Europe, the Middle East and Africa (EMEA), Emirati PropTech Huspy, Swedish electric vehicle marketplace Carla and German logistics platform TradeLink all close multimillion-dollar fundraising rounds. Plus, Nordic digital bank TF bank gets a banking license from Swedish authorities, while the...
The South Korean government has ordered current and former staff of Terraform Labs to stay in the country, Bloomberg reported Tuesday (June 21). The move is likely is an indication the government is ramping up its probe into the collapse of the TerraUSD stablecoin. Get...
The United Kingdom government has announced plans to reform the Consumer Credit Act, which regulates credit card purchases and personal loans. The proposed overhaul aims at cutting costs for businesses and simplifying rules for consumers. Get the Full Story Complete the form to unlock this...
The European Central Bank (ECB) will be eyeing the effects of digitization, including ways to “stay at the technological frontier and satisfy consumers’ demand for immediacy while preserving our sovereignty,” ECB Board Member Fabio Panetta said in a keynote speech during the European Payments Council’s...
In today’s top stories from Europe, the Middle East and Africa (EMEA), the Bank of Ghana has introduced a brand new mobile wallet, GhanaPay. Plus, United Kingdom clothing brand Boohoo looks into charging fees for online returns, Qualcomm wins its appeal of a recent $1...
In today’s top stories from Europe, the Middle East and Africa (EMEA), the United Kingdom’s top financial regulator places Swiss investment bank Credit Suisse on a watchlist until it shows it can improve its culture and accountability measures. Plus, Apple finally reaches an agreement with...
The Reserve Bank of India (RBI) granted permission to RuPay, the first FinTech with such authorization, to connect their cards with the unified payments interface (UPI), which will enablFinTeche more people to make digital payments with cards issued by the National Payments Corporation of India...
