EMEA

75% of Small Businesses Dissatisfied With Cross-Border Payment Solutions
75% of Small Businesses Dissatisfied With Cross-Border Payment Solutions
December 14, 2022  |  SMBs

International transactions for small businesses should be as easy to clinch as domestic sales. The rise of digitally powered businesses has opened new possibilities for...

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New SCA Rules to Reduce Friction in Open Banking Payments
New SCA Rules to Reduce Friction in Open Banking Payments
December 14, 2022  |  Bank Regulation

Changes to strong customer authentication (SCA) rules in Europe are aiming to reduce customer friction. In the EU, the European Banking Authority (EBA) has updated...

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Israeli Cybersecurity Unicorn Snyk Raises $196.5M
Israeli Cybersecurity Unicorn Snyk Raises $196.5M
December 14, 2022  |  Investments

Israeli cybersecurity unicorn Snyk has raised $196.5 million in a Series G funding round. The Boston-based company, which was founded in 2015 by Israeli entrepreneurs...

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Bank of England Outlines New UK Access to Cash Regime
Bank of England Outlines New UK Access to Cash Regime
December 14, 2022  |  Bank Regulation

The Bank of England has outlined plans to ensure cash remains available in the U.K. In anticipation of its expanded remit to protect access to...

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Cashierless Grocery Shopping Expands With Germany’s First Fully Autonomous Store
Cashierless Grocery Shopping Expands With Germany’s First Fully Autonomous Store
December 14, 2022  |  Retail

Trigo and Rewe expand cashierless grocery shopping with Germany’s first fully autonomous store. The computer vision startup and the major German grocery chain announced Wednesday (Dec. 14) the launch...

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Visa to Invest $1B in Africa’s Digital Transformation
Visa to Invest $1B in Africa’s Digital Transformation
December 14, 2022  |  Investments

Visa has pledged to invest $1 billion in Africa to accelerate digital transformation. The announcement was made during the U.S.-Africa Business Forum in Washington Wednesday...

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Middle East Becomes IPO Oasis Amid Cooling Financial Markets
Middle East Becomes IPO Oasis Amid Cooling Financial Markets
December 14, 2022  |  IPO

The Middle East has become a bright spot among financial markets as IPO activity declines. Initial public offerings (IPOs) in that part of the world...

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Global Money Transfer Business Requires Ongoing Reinvention Amid Rising Competition
Global Money Transfer Business Requires Ongoing Reinvention Amid Rising Competition
December 14, 2022  |  Cross-border Payments

While digitization has transformed the global remittance market, it is far from a one-dimensional process. After all, any money transfer service aiming for global coverage...

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Apple Considering Allowing Use of Other App Stores in Europe
Apple Considering Allowing Use of Other App Stores in Europe
December 13, 2022  |  Apple

Apple is reportedly preparing to allow other app stores to access its devices in Europe. The effort comes in response to European Union (EU) rules...

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