EMEA

FTFT UK Develops eWallet for Students Studying Abroad in Britain
FTFT UK Develops eWallet for Students Studying Abroad in Britain
August 25, 2022  |  Mobile Wallets

A new eWallet for Chinese students studying abroad in the U.K. has been developed by FTFT UK Limited, the subsidiary of blockchain application technology developer...

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Nationwide Selects Moneyhub for Savings Account Sweeping
Nationwide Selects Moneyhub for Savings Account Sweeping
August 25, 2022  |  Banking

The U.K.’s Nationwide Building Society announced Thursday (Aug. 25) that it is deploying the open finance platform Moneyhub, giving customers the ability to open a...

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FIS Intros Infrastructure Solution for Global Real-Time Payments, CBDCs 
FIS Intros Infrastructure Solution for Global Real-Time Payments, CBDCs 
August 25, 2022  |  Digital Payments

Financial services technology provider FIS is introducing a solution to enable central banks in more countries to update and innovate their existing real-time payments network...

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APIs Bridge Payment Gap for Online Merchants Selling Into Africa
APIs Bridge Payment Gap for Online Merchants Selling Into Africa
August 25, 2022  |  API

Across the African continent, cross-border payments are slow, costly and highly fragmented. As a result of that tripartite challenge, “there might be 16 to 18...

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UK Warning on Sanction Evasion Puts Crypto Firms at Risk
UK Warning on Sanction Evasion Puts Crypto Firms at Risk
August 25, 2022  |  Security & Fraud

People subject to sanctions are reportedly using cryptocurrency services to evade the sanctions, and this could put crypto firms and those transacting in crypto at...

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EU, MENA FIs Embrace, Bank on the Metaverse
EU, MENA FIs Embrace, Bank on the Metaverse
August 24, 2022  |  Metaverse

In the space of two years, the metaverse went from a tech industry buzzword to a widely discussed emerging reality. At the core of the...

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Luxury Industry Digitization Drives YOOX Net-a-Porter, Farfetch Partnership
Luxury Industry Digitization Drives YOOX Net-a-Porter, Farfetch Partnership
August 24, 2022  |  Partnerships

In what is said to be a landmark move in the digitalization of the luxury industry, fashion industry platform Farfetch has acquired a 47.5% stake...

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Automating AP Operations a Boon for Online Marketplaces
Automating AP Operations a Boon for Online Marketplaces
August 24, 2022  |  Accounts Payable

The pandemic gave a tailwind to online marketplaces, but the boom has legs and signals a sea change in the ways and means by which...

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Visa and Mastercard Blame Fraud for Increased Cross-Border Fees
Visa and Mastercard Blame Fraud for Increased Cross-Border Fees
August 24, 2022  |  Credit Cards

Visa and Mastercard have blamed fraud and growing competition for the increase in their cross-border fees since the U.K. left the European Union, a post...

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