EMEA

Incoming Payments Fraud Poses ‘Silent Threat’ to Bottom Lines  
Incoming Payments Fraud Poses ‘Silent Threat’ to Bottom Lines  
February 16, 2023  |  Security & Fraud

Put up $2, and you can score $100 million. Incoming payments are the new attack vector.   And as nsKnox Chief Operating Officer Nithai Barzam and...

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Legacy Payments Infrastructure Holds Small Merchants Back in Emerging Markets
Legacy Payments Infrastructure Holds Small Merchants Back in Emerging Markets
February 16, 2023  |  Digital Payments

The imbalance between payments issuance and acceptance is a major pain point in emerging markets. According to Islam Shawky, co-founder and CEO at Cairo-based digital...

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Instagram Ending Live Shopping as It Shifts to Other Experiences
Instagram Ending Live Shopping as It Shifts to Other Experiences
February 15, 2023  |  Shopping

Instagram will stop offering its users live shopping on March 16. Parent company Meta said in a post on the Instagram help center that while...

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Debate Over UK Fraud Refund Rules Heats Up
Debate Over UK Fraud Refund Rules Heats Up
February 15, 2023  |  Bank Regulation

Regulators in the U.K. are preparing to mandate that banks reimburse victims of APP fraud. Leading the charge, the Payment Systems Regulator (PSR) has drawn...

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InsurTech Naked Looks to New Markets After $17M Series B
InsurTech Naked Looks to New Markets After $17M Series B
February 15, 2023  |  Insurance

South Africa’s Naked has raised $17 million to tap into the world’s growing InsurTech market. The Series B funding, reported Wednesday by TechPoint, will help...

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4 European Startups Making Waves in the FoodTech Space
4 European Startups Making Waves in the FoodTech Space
February 15, 2023  |  Technology

Alternative protein is one of the biggest FoodTech trends in recent years. In an interview with PYMNTS, Martin Davalos, partner at the Czech investment firm...

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Barclays ‘Bitterly Disappoints’ With 15% Drop in Profit
Barclays ‘Bitterly Disappoints’ With 15% Drop in Profit
February 15, 2023  |  Earnings

British bank Barclays is apparently still suffering the cost of an $361 million administrative error. The bank on Wednesday released a full-year earnings report showing...

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Norway’s Vipps Seeks EU Antitrust Help Against Apple
Norway’s Vipps Seeks EU Antitrust Help Against Apple
February 15, 2023  |  Mobile Payments

Norwegian FinTech Vipps is seeking the European Union’s help in an antitrust battle against Apple. CEO Rune Garborg told Reuters in an interview published Wednesday...

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Saudi FinTech Hala Acquires Paymennt.com
Saudi FinTech Hala Acquires Paymennt.com
February 15, 2023  |  Acquisitions

Saudi FinTech Hala is expanding its payments offering with the purchase of Paymennt.com. The deal, announced in a Wednesday (Feb. 15) news release, will help...

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