EMEA

Meta’s $1.6B Kenya Court Case Revives Online Safety Debate
Meta’s $1.6B Kenya Court Case Revives Online Safety Debate
January 05, 2023  |  Meta

Kenya has taken center stage as governments worldwide debate how to regulate social media algorithms. Specifically, all eyes are on the Kenyan High Court, where...

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UK to Modernize Its Real-Time Payment Architecture
UK to Modernize Its Real-Time Payment Architecture
January 05, 2023  |  emea

The U.K. is upgrading its instant payment system to incorporate a modern ISO 20022-compliant architecture. Known as the New Payment Architecture (NPA), the initial plan...

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Nigeria Continues Crackdown on Cash Economy
Nigeria Continues Crackdown on Cash Economy
January 05, 2023  |  Cash

Nigeria will ban cash withdrawals from government accounts from March 1. Modibbo Tukur, the chief executive of the Nigerian Financial Intelligence Unit (NFIU) said the...

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Uber Launches Travel Feature to Grab MENA Market Share
Uber Launches Travel Feature to Grab MENA Market Share
January 05, 2023  |  Ridesharing

Uber has launched Uber Travel in the Middle East and North Africa (MENA) region. The first announcement came on Tuesday (Jan. 3) when Uber revealed...

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Volta Medical Raises $38M for AI-Powered Heart Treatment Software
Volta Medical Raises $38M for AI-Powered Heart Treatment Software
January 05, 2023  |  Investments

MedTech startup Volta Medical has raised 36 million euros in a Series B funding round. Founded by three physicians and a data scientist in Marseille...

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Savings Accounts Play Larger Role in Bank vs Neobank Battle
Savings Accounts Play Larger Role in Bank vs Neobank Battle
January 05, 2023  |  Digital-First Banking

Banks risk losing customers to neobanks — and a key battleground may lie with savings accounts.  And in that case, the advantage may go to...

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Duck Creek to Buy Imburse to Expand Solutions for Insurers
Duck Creek to Buy Imburse to Expand Solutions for Insurers
January 05, 2023  |  Acquisitions

Duck Creek Technologies plans to acquire Imburse Payments to add digital transformation tools for insurers. The acquisition will add Imburse’s digital payments capabilities built for...

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UK Watchdog: $1B of COVID Relief Loans Were Fraudulent
UK Watchdog: $1B of COVID Relief Loans Were Fraudulent
January 05, 2023  |  Security & Fraud

Recent analysis from the U.K. finds more than $1 billion in COVID relief loans involved irregularities such as fraud. An October report by the U.K. Department...

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Italians Twice as Likely to Use eWallets for eCommerce Transactions
Italians Twice as Likely to Use eWallets for eCommerce Transactions
January 04, 2023  |  Digital Payments

Italian consumers are twice as likely to use a mobile wallet online compared to in-store. On a global scale, Italy emerged fourth in mobile wallet...

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