The National Payments Corp. of India is testing a solution to allow Unified Payments Interface (UPI) based digital pay without an internet connection, Mint reported Sunday (Jan. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Telecom firm Singapore Telecommunications (Singtel) and ride hailing and payments firm Grab Holdings Ltd. each bought 16.3% of Indonesia’s PT Bank Fama International to expand their offering into that nation, according to a Reuters report Friday (Jan. 21). Get the Full Story Complete the form to...
The European Payments Council (EPC), a nonprofit organization representing payment service providers (PSPs) that promotes the development of the Single Euro Payments Area (SEPA), has launched a consultation to expand the scope of SEPA payments beyond the Euro area. Get the Full Story Complete the...
In today’s top Europe, Middle East and Africa (EMEA) news, Zilch faces heat for encouraging U.K. consumers to use buy now, pay later (BNPL) to buy pizzas, and the European Union’s competition commissioner wants the metaverse to face more scrutiny. Plus, Ibercaja Banco is on...
In today’s top Europe, Middle East and Africa news, Aldi is piloting its first cashierless supermarket in London, and InsurTech Zego plans its European expansion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
ElasticRun, a kirana commerce platform helping businesses connect with rural India, is expecting to raise $300 million in a funding round led by SoftBank, according to a report Wednesday (Jan. 19) from The Times of India. Get the Full Story Complete the form to unlock...
Zego, the U.K.-based commercial motor vehicle insurance company, is planning a European expansion, the company announced Wednesday (Jan. 19), according to a UKTechNews report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Recent data from Pitchbook has revealed that Europe saw new annual records set in terms of private equity (PE) deal count and value in 2021, with close to 7,200 deals closed worth 754.5 billion euros ($856 billion). Get the Full Story Complete the form to...
The U.K.’s Financial Conduct Authority (FCA) has announced that European firms looking to remain in the temporary permissions regime (TPR) must meet the FCA’s standards to continue operating their businesses in the U.K. Get the Full Story Complete the form to unlock this article and...