As the world adopts digital payment options at a breakneck pace, Latin American countries have typically lagged in the shift away from cash to alternative payment methods, including digital wallets, QR codes and other contactless payment options. With recent research indicating that economic growth is...
In today’s top stories from Europe, the Middle East and Africa (EMEA), the European Supervisory Authorities said cryptocurrency exchanges that break money laundering rules should have to forfeit their licenses. Plus, the British government said the Bank of England should take over the management of...
Payments FinTech HyperPay raised $36.7 million (SAR138M) to expand its payment services to merchants in the Middle East and North Africa (MENA) region. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The end for SWIFT may be swift. 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 agree...
Hospitality startup Oyo Hotels is putting plans for an initial public offering (IPO) on hold until after September to clean up its financial house and ride out the volatility in the markets, according to media reports on Tuesday (May 24), citing unnamed sources with insider...
Regulators are telling banks in China to step up loan approvals and keep the flow of mortgages going as the world’s second-largest economy remains on shaky ground due to COVID outbreaks this year, according to media reports on Tuesday (May 24). Get the Full Story...
In today’s top Europe, Middle East and Africa news, Mastercard joins forces with mobile payments firm OPay to promote financial inclusion in Africa and the Middle East. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
In today’s top Europe, Middle East and Africa (EMEA) news, the United Kingdom’s Payment System Regulator (PSR) gets ready to roll out new rules targeting authorized push payment (APP) fraud. Plus, Dubai-based FinTech Pemo lands $12 million in seed funding, African health startup CarePoint raises...
In today’s top Europe, Middle East and Africa (EMEA) news, Germany’s Earlybird Venture Capital closes a $370 million fund and backs two newly-minted unicorns. Plus, Mastercard teams up with MultiPay to provide installment payment options to customers in Ireland, and Oman’s Bank Muscat unveils new...
