EMEA

Crypto Currency Gets Central Bank Makeover as Nations Pilot CBDCs
Crypto Currency Gets Central Bank Makeover as Nations Pilot CBDCs
December 19, 2022  |  CBDC

The crypto currency market is increasingly inspiring sovereign central banks to mint national digital fiat. “Digital assets are not on trial. Fraud and organizations are...

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Sustainable Supply Chain Finance Gains Traction in MENA
Sustainable Supply Chain Finance Gains Traction in MENA
December 19, 2022  |  Supply Chain

Supply chain financing is going green as businesses worldwide work toward their sustainability goals. The increasingly popular practice, known as “sustainable supply chain finance,” entails...

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Bank of America’s CashPro Adds Tool for Validating Payments
Bank of America’s CashPro Adds Tool for Validating Payments
December 19, 2022  |  Faster Payments

Bank of America has launched a self-service tool for straight-through processing (STP) that accelerates payment file processing, thereby reducing delays and improving the client experience....

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Collaboration Required to Deliver on Financial Inclusion in Africa
Collaboration Required to Deliver on Financial Inclusion in Africa
December 19, 2022  |  Financial Inclusion

It’s been a tumultuous and volatile year for businesses around the world. And while the uncertainty is expected to continue into 2023, Karen Nadasen, CEO...

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BIS Sets Limits on Bank Exposure to Crypto Markets
BIS Sets Limits on Bank Exposure to Crypto Markets
December 18, 2022  |  Cryptocurrency

The Bank of International Settlements has set limits on banks’ exposure to crypto markets. An official announcement from the BIS issued Friday (Dec. 16) establishes...

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JPMorgan Buys $800M Stake in Viva Wallet
JPMorgan Buys $800M Stake in Viva Wallet
December 18, 2022  |  Point of Sale

J.P. Morgan Payments will acquire a 48.5% stake in Greek payments firm Viva Wallet. The $800 million deal is expected to be announced early next...

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UK In-Store Pickup Demand Surges Ahead of Christmas Holiday
UK In-Store Pickup Demand Surges Ahead of Christmas Holiday
December 18, 2022  |  Retail

As Christmas nears, U.K. shoppers are turning to in-store pickup to beat the Christmas rush. Whether it’s gifts for loved ones or holiday grocery shopping,...

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Funding for IPOs Falls 68% Since 2021
Funding for IPOs Falls 68% Since 2021
December 18, 2022  |  IPO

The world’s bankers don’t expect a happy new year when it comes to IPOs. With inflation and interest rates rising and investor enthusiasm for initial...

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Takeaways From the EU’s Instant Payment Mandate
Takeaways From the EU’s Instant Payment Mandate
December 18, 2022  |  Faster Payments

The EU has a lot to consider as it mandates banks to offer instant payments. First introduced in 2017, Single Euro Payments Area (SEPA) instant...

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