International

International
EMEA Daily: AI Firm G42 Launches $10B Technology Fund; VertoFX Acquires Innovation Studio Locusnine
August 18, 2022

Today in Europe, the Middle East and Africa (EMEA) news, G42 has partnered with the Abu Dhabi Growth Fund (ADG) to launch a $10 billion investment vehicle, while VertoFX has acquired the Indian innovation studio Locusnine. Get the Full Story Complete the form to unlock...

Europe
Danish FinTechs Plug Regional Firms Into Global Commercial Networks
August 16, 2022

The Nordic countries are often considered pioneers when it comes to digital innovation and payments. With some of the lowest cash usage in the world and a history of interbank collaboration of money transfers and digital infrastructure, countries like Norway have been trendsetters in everything...

International
EMEA Daily: Authentic Brands to Acquire UK’s Ted Baker; Remitly to Buy Rewire; Remitly to...
August 16, 2022

Today in Europe, the Middle East and Africa (EMEA) news, Ted Baker is to be bought by Authentic Brands Group for $253 million, while Remitly has agreed to acquire Israeli remittance solution Rewire for $80 million. Get the Full Story Complete the form to unlock...

International
EMEA Daily: Nigeria Begins Regulating Mobile Devices via 5% Tax
August 12, 2022

In today’s top stories from Europe, the Middle East and Africa (EMEA), the Nigeria announced the implementation of a 5% tax on mobile devices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
Advisers Urge India’s Paytm Shareholders to Remove CEO
August 12, 2022

India-based digital payments provider Paytm saw its shares drop to their lowest level in two weeks when a proxy advisory firm urged shareholders to oust the company’s CEO. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
Erdogan: 5 Turkish Banks Adopt Russia’s Mir Payment System
August 07, 2022

Five Turkish banks have adopted Russia’s Mir payments system, a Bloomberg report said Saturday (Aug. 6), quoting Turkish President Recep Tayyip Erdogan after his talk with President Vladimir Putin at the Russian resort of Sochi. Get the Full Story Complete the form to unlock this...

International
EMEA Daily: Meta May Have to Pull Platforms in EU; UK to Investigate 3 Retailers...
July 29, 2022

Meta May Have to Pull Platforms in EU Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you...

International
EMEA Daily: Record Number of UK eCommerce Businesses Close; Russia Plans Amendments to Regulate NFTs
July 28, 2022

Wave of eCommerce Flops Behind Record 113,700 UK business closures in Q2 Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

International
How Payment Methods, Regulatory Regimes Are Shaping Italy’s FinTech Ecosystem
July 28, 2022

After taking applications between November 2021 and January 2022, this month saw the official opening of Italy’s regulatory sandbox for FinTech innovation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...