EMEA

APEXX Global Raises $25 Million to Expand Payments Orchestration Platform
APEXX Global Raises $25 Million to Expand Payments Orchestration Platform
March 13, 2023  |  Investments

APEXX Global has raised $25 million in a Series B funding round for its payments orchestration platform. The firm will use the new funding to...

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South Africa Claims Real-Time Payments Progress With PayShap
South Africa Claims Real-Time Payments Progress With PayShap
March 13, 2023  |  Faster Payments

South Africa’s central bank says the country is closer to “a more accessible national payment system.” That’s due to the Monday (March 13) launch of...

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BaFin Bans SVB From Doing Business in Germany
BaFin Bans SVB From Doing Business in Germany
March 13, 2023  |  Banking

Aftershocks from the collapse of Silicon Valley Bank continue to be felt around the world. For example, Germany’s financial regulator said Monday (March 13) that...

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Biometric Payment Cards Make a Comeback in Europe
Biometric Payment Cards Make a Comeback in Europe
March 13, 2023  |  Payment Methods

From tap-to-pay debit and credit cards to mobile smartphone wallets, contactless methods have been driving new waves of innovation in payments post-pandemic, buoyed by growing consumer demand...

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The Bank of London Offers to Buy Silicon Valley Bank’s UK Operations
The Bank of London Offers to Buy Silicon Valley Bank’s UK Operations
March 12, 2023  |  Banking

The Bank of London has offered to purchase the British operations of the collapsed Silicon Valley Bank. The clearing bank said Sunday (March 12) it...

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Bank of Egypt Ups Withdrawal Limits for Instant Payments
Bank of Egypt Ups Withdrawal Limits for Instant Payments
March 12, 2023  |  Real-Time Payments

Egypt’s central bank has increased the amount of money that can be withdrawn via payment service providers. The Central Bank of Egypt (CBE) said last...

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Britain Races to Stem SVB Fallout as UK Arm Attracts EMEA Buyers
Britain Races to Stem SVB Fallout as UK Arm Attracts EMEA Buyers
March 12, 2023  |  Banking

The sudden collapse of California-based Silicon Valley Bank (SVB), which focuses on tech startups, is having repercussions far beyond the U.S. As of Sunday (March...

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Report: New Meta Layoffs Could Rival Last Year’s Job Cuts
Report: New Meta Layoffs Could Rival Last Year’s Job Cuts
March 12, 2023  |  Meta

Meta is reportedly planning multiple rounds of job cuts that could match last year’s layoffs. The cuts could come over the next few months and...

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Paysera and Ria Team to Help Unbanked Consumers
Paysera and Ria Team to Help Unbanked Consumers
March 12, 2023  |  Financial Inclusion

Paysera has teamed with Ria Money Transfer to help unbanked customers send and receive money. The partnership, announced Friday (March 10), lets clients send money...

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