EMEA

Ripple to Help Montenegro Launch CBDC
Ripple to Help Montenegro Launch CBDC
April 11, 2023  |  CBDC

Montenegro has joined dozens of nations around the world in pursuing a digital currency. The Central Bank of Montenegro (CBCG) is working with cryptocurrency and...

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Mastercard Debuts Cross-Border Services Express Tool
Mastercard Debuts Cross-Border Services Express Tool
April 11, 2023  |  Mastercard

Mastercard has debuted a tool to help financial institutions (FIs) simplify cross-border payments. Cross-Border Services Express lets FIs set up international payments for their customers,...

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IMF Lowers Forecast for Global Economic Growth After Banking Crises
IMF Lowers Forecast for Global Economic Growth After Banking Crises
April 11, 2023  |  Economy

Lingering effects of the pandemic and new pressures from banking crises are impacting economic growth. The International Monetary Fund (IMF) has lowered its baseline forecast...

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Twitter Rebrands as X in Move Toward Becoming ‘Everything App’
Twitter Rebrands as X in Move Toward Becoming ‘Everything App’
April 11, 2023  |  Connected Economy

Twitter is no more, at least on paper. The social media platform has apparently merged with a shell company called X, the same name as CEO...

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International CBDC Aims to Unify Fragmented Digital Currency Landscape
International CBDC Aims to Unify Fragmented Digital Currency Landscape
April 11, 2023  |  Payment Methods

The central bank digital currency (CBDC) field has become crowded, global in scope, and yet in many cases, fragmented. Generally speaking, in concept, the CBDC...

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EMEA 60: Adyen Aims to Fast-Track Profitability in 2024 Once Hiring Spree Slows
EMEA 60: Adyen Aims to Fast-Track Profitability in 2024 Once Hiring Spree Slows
April 10, 2023  |  EMEA 60

With the Ukraine-Russia crisis, skyrocketing inflation and investor belt-tightening creating a challenging macroeconomic market in Europe, FinTech firms in the region — much like the...

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Germany Could Grab 3.4 Billion Real-Time Payments Opportunity by 2026
Germany Could Grab 3.4 Billion Real-Time Payments Opportunity by 2026
April 10, 2023  |  Real-Time Payments

As European Union countries have leveraged preexisting economic relationships to offer quick and seamless cross-border payments across the region, real-time payment adoption has seen historic...

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Digital Currency Monetary Authority Debuts International CBDC
Digital Currency Monetary Authority Debuts International CBDC
April 10, 2023  |  CBDC

The Digital Currency Monetary Authority has unveiled a digital coin designed to speed cross-border transactions. Introduced Monday (April 10) at the spring meeting of the...

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e& Invests $400 Million in Uber’s Careem Super App Spinout
e& Invests $400 Million in Uber’s Careem Super App Spinout
April 10, 2023  |  Investments

Technology and investment group e& has acquired a majority stake in the Careem super app. With the firm’s investment of $400 million — the completion of which is subject...

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