International

International
Jumia’s Payments Unit Now One-Third Of Marketplace Revenue
July 01, 2021

Jumia Technologies in Africa is looking to keep building its eCommerce presence for the long term while adding to the momentum in its payments division, which now accounts for one-third of its overall business, according to a Wednesday (June 30) Bloomberg article. Get the Full...

International
RBI: Big Tech In FinServ Threatens Emerging Market Ecosystem
July 01, 2021

The Reserve Bank of India (RBI) has warned against letting big tech companies into financial services in the country, a report from the Economic Times of India says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
The EU Unveils Its COVID Travel Passport
July 01, 2021

The EU Digital COVID Certificate Regulation went into effect on Thursday (July 1), making it easier for citizens and residents of the EU who have been vaccinated to travel through the region. Get the Full Story Complete the form to unlock this article and enjoy...

International
Binance Users Shut Off From UK Faster Payments Network
June 28, 2021

Binance customers using U.K.-based payment system Faster Payments have been locked out, the Financial Times (FT) reported. 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...

International
Big Banks Endorse SWIFT’s Global Transaction Management Platform
June 24, 2021

SWIFT’s new transaction management platform received an endorsement from six international banks, which are getting ready to harness the system’s new functionalities to allow for new services, bolster efficiency and decrease expenses when it launches in November of next year, according to a Thursday (June...

International
Wise Brings Instant Money Transfers To Vietnam
June 24, 2021

Money transfer service Wise says it has given customers in Vietnam a faster way to receive money. 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...

International
Google, Jio See Late Summer Release For High-Quality, Low-Cost Smartphone
June 24, 2021

Google and Jio Platforms said that work is progressing on their jointly developed made-for-India smartphone, adding that the release date is set for Friday, September 10, according to a Thursday (June 24) press release. The concept is to provide an affordable phone that will meet...

International
A South Korean Startup Tosses Its Hat Into The Super-App Ring
June 23, 2021

Another super app competitor is stepping into the increasingly crowded Asian market as South Korea’s largest FinTech startup, Toss, has announced it has raised roughly $400 million, bringing the firm’s total valuation to $7.4 billion. The Seoul-based, Viva Republica-owned startup is now setting its sights...

Europe
EU Commission Eyes Cyber Unit To Fight Large-Scale Attacks
June 23, 2021

The European Commission is busy forming a Joint Cyber Unit that will help to deal with rising cybercrime, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...