The European Banking Authority (EBA) says banks in the European Union are blocking asylum seekers and other customers in misguided attempts to adhere to anti-money laundering (AML) regulations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Car marketplace Carro, a subsidiary of food delivery platform Grab, is among several companies slated to participate in a 4.8-trillion-rupiah (about $334 million) rights issue by Indonesian digital lender Allo Bank, Reuters reported Wednesday (Jan. 5). Get the Full Story Complete the form to unlock...
FinTech Revolut has gotten permission from the Monetary Authority of Singapore (MAS) to allow customers to trade gold and silver on its app, finews.asia reported Wednesday (Jan. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Super apps like China’s WeChat have become intrinsic to consumers’ lives, moving beyond messaging apps to cater to a wide array of digital service needs like payment transfers, buying train tickets, paying rent, or purchasing goods and services. Get the Full Story Complete the form...
In today’s top Europe, Middle East and Africa news, Google has purchased Israeli cybersecurity firm Siemplify for $500 million, and the U.K.’s new investment rules have kicked off, eyeing foreign mergers and acquisitions (M&A). Plus, Denmark’s ComplyCloud snags 4.5 million euros, French telco Orange backs...
Pakistan’s Federal Board of Revenue (FBR) on Tuesday (Jan. 4) pushed back the deadline for the country’s corporate sector to switch to digital payments to Jan. 31, according to a Pakistan Today report. Get the Full Story Complete the form to unlock this article and...
China has upped its regulations for online companies to be listed on overseas stock exchanges as it tightens its hold on an expanding technology sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In today’s top Europe, Middle East and Africa news, U.K. high street bank Lloyds has acquired a stake in loyalty app Bink, while European giants Delivery Hero and Glovo have consolidated in the delivery space. Get the Full Story Complete the form to unlock this...
The U.K.’s Federation of Small Businesses says that a “late payment crisis,” coupled with high inflation and increased administration for international traders, is threatening to shrink the business community. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
