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Compared to developed markets in the United States and Europe, small and medium-sized businesses (SMBs) in the Middle East and North Africa region, from a building materials company or a paint manufacturer to a logistics or outdoor signage firm, all have a pain point when...
Uber will be speeding up the sale of its stake in a taxi joint-venture with Yandex, a Russian internet search company, in the wake of the Russian war taking place in Ukraine, Bloomberg reported Monday (Feb. 28). Get the Full Story Complete the form to...
Both cross-border payments company Wise and remittance processor Remitly have suspended their money transfer services in Russia due to the sanctions there and the ongoing military action in Ukraine, Reuters reported Monday (Feb. 28). Get the Full Story Complete the form to unlock this article...
In today’s top Europe, Middle East, and Africa news, Switzerland put neutrality on hold and froze all of Russia’s assets due to the invasion of Ukraine; Apple is facing its sixth weekly fine of $5.7 million for what a Dutch regulator called the tech giant’s...
Online tax and FinTech software provider Clear has been getting into lending and has rolled out its new invoice discounting product for small- to medium-sized businesses (SMBs), Economic Times reported Monday (Feb. 28). Get the Full Story Complete the form to unlock this article and...
Switzerland is breaking with neutrality and freezing all of Russia’s assets in the country in a move to adopt the West’s sanctions against Russia due to the invasion of Ukraine, according to a press release from The Federal Council of Switzerland on Monday (Feb. 28)....
Barclays Bank Plc has been fined 783,800 pounds ($1 million) by the United Kingdom’s financial regulatory body for its failure to oversee Premier FX, the collapsed payments firm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Citigroup reported Monday (Feb. 28) that its total exposure to Russian assets was at $5.4 billion at the end of December 2021, down from $5.5 billion three months earlier. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
