EMEA

Paysend and Purpl Partner on Money Transfers to Lebanon
Paysend and Purpl Partner on Money Transfers to Lebanon
February 13, 2023  |  Partnerships

Paysend has partnered with Purpl to enable money transfers to Lebanon. The partnership brings together Paysend’s integrated global payments ecosystem and Purpl’s remittance and cash...

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ePrescriptions and Digital IDs Fuel UK Online Pharmacy Services Growth
ePrescriptions and Digital IDs Fuel UK Online Pharmacy Services Growth
February 13, 2023  |  Healthcare

Digital prescriptions have opened up the market for pharmacy services in the U.K. In the days of paper prescriptions, a handful of high street pharmacists...

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BBVA Adds Support for Mastercard-Branded Cards to Expense Management Platform
BBVA Adds Support for Mastercard-Branded Cards to Expense Management Platform
February 13, 2023  |  Spend Management

BBVA has added support for Mastercard cards to its corporate expense management platform for its customers in Spain. The Solred Mastercard is now available through...

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Luxury Auto Sales Hit Record Despite High Rates and Prices
Luxury Auto Sales Hit Record Despite High Rates and Prices
February 13, 2023  |  Retail

Luxury brands are thriving in the automotive world as they are in other retail categories. Automotive luxury brands accounted for a record 19.6% share of...

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UAE Plans Digital Dirham to Promote Cross-Border Payments
UAE Plans Digital Dirham to Promote Cross-Border Payments
February 13, 2023  |  CBDC

The United Arab Emirates (UAE) is preparing to launch a central bank digital currency. The Gulf nation announced its digital currency plans Sunday (Feb. 12)...

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Simplicity and Connectivity Seen as Standardized B2B Payments Advantages
Simplicity and Connectivity Seen as Standardized B2B Payments Advantages
February 13, 2023  |  B2B Payments

For B2B eCommerce firms, options to easily process high-value online payments are few. “Cards are not made for that. We know that the average [limit]...

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G20 Nations Consider Collaboration to Regulate Crypto
G20 Nations Consider Collaboration to Regulate Crypto
February 12, 2023  |  Cryptocurrency

The world’s 20 biggest economies are considering whether they could jointly regulate cryptocurrencies. India’s Finance Minister Nirmala Sitharaman, whose country is this year’s head of...

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Former Head of Goldman’s Marcus Unit Leaving Company
Former Head of Goldman’s Marcus Unit Leaving Company
February 10, 2023  |  Personnel

A former head of Goldman Sachs’ mass-market retail effort, Marcus, is reportedly leaving the bank. Peeyush Nahar, who joined Goldman Sachs in 2021 to lead the...

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Amazon Backtracks on Cashierless Stores in London
Amazon Backtracks on Cashierless Stores in London
February 10, 2023  |  Amazon

Since opening its first London store in 2021, Amazon Fresh has eschewed manned checkout stations. Following a model pioneered in the U.S., it has opted...

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