EMEA

World Bank Says Nations Must Adopt Policies to Boost Growth
World Bank Says Nations Must Adopt Policies to Boost Growth
March 27, 2023  |  Economy

Nations need to make changes to prevent an anticipated slump in global growth. So said the World Bank in a report released Monday (March 27)...

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Energy Company Eni Launches ESG-Focused Supply Chain Finance Program
Energy Company Eni Launches ESG-Focused Supply Chain Finance Program
March 27, 2023  |  B2B Payments

Energy company Eni has launched a supply chain finance program designed to incentivize sustainable development. The new Sustainable Supply Chain Finance Program is focused on the...

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ClearBank Says Inflows Jumped 20% During SVB Crisis
ClearBank Says Inflows Jumped 20% During SVB Crisis
March 27, 2023  |  Banking

Silicon Valley Bank’s loss is apparently U.K. embedded banking firm ClearBank’s gain. The company’s CEO said customer flows into its platform rose by 20% during...

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Recommerce Heats Up as Consumers Feel Inflation’s Pinch
Recommerce Heats Up as Consumers Feel Inflation’s Pinch
March 27, 2023  |  Retail

Ongoing inflation has led to a boom in sales for luxury resale platforms. It has also made consumers more likely to haggle over prices to get the...

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Adidas, PayU and Mastercard Say Emerging Markets Remain Important Stepping Stones for Retail Growth
Adidas, PayU and Mastercard Say Emerging Markets Remain Important Stepping Stones for Retail Growth
March 27, 2023  |  Payment Methods

With the first quarter of 2023 almost a wrap and many developed markets stuck in the latest crisis — collapsing banks — a lot of the...

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Africa’s Startup Future Requires VCs to Sell Investors on Potential
Africa’s Startup Future Requires VCs to Sell Investors on Potential
March 27, 2023  |  Africa

As the global banking and financial services sector take stock after the collapse of Silicon Valley Bank (SVB), there are many lessons to be learned,...

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Raisin Raises $64.7 Million to Expand Investment and Savings Platform
Raisin Raises $64.7 Million to Expand Investment and Savings Platform
March 24, 2023  |  Investments

Raisin has gained 60 million euros (about $64.7 million) in a Series E round. The Berlin-based FinTech company will use the new funding to add...

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Credit Suisse, UBS and US Banks Reportedly Face DOJ Investigation
Credit Suisse, UBS and US Banks Reportedly Face DOJ Investigation
March 24, 2023  |  Banking

Credit Suisse, UBS and some U.S. banks are reportedly being investigated. Individuals at the two Swiss banks and the unspecified major U.S. banks were recently...

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New Report Examines BNPL Providers’ Painful Pivot to Profitability
New Report Examines BNPL Providers’ Painful Pivot to Profitability
March 24, 2023  |  BNPL

After a record-breaking year in 2021, the FinTech industry experienced a significant downturn in 2022. High inflation, market volatility and recession fears caused investors to...

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