EMEA

Binance Execs Detained in Nigeria in Possible Criminal Probe
Binance Execs Detained in Nigeria in Possible Criminal Probe
February 29, 2024  |  Cryptocurrency

Nigeria reportedly detained two Binance executives as it increases pressure on the cryptocurrency sector. The executives were picked up by national security officers after arriving...

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Worldline Projects Cooling Growth After ‘Consumption Slowdown’
Worldline Projects Cooling Growth After ‘Consumption Slowdown’
February 28, 2024  |  Earnings

French payments firm Worldline is projecting slower growth this year as European consumers reduce spending. “With a strong focus on the execution of the transformation plan in...

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Klarna Posts Narrower Yearly Loss Ahead of Potential IPO
Klarna Posts Narrower Yearly Loss Ahead of Potential IPO
February 28, 2024  |  BNPL

Klarna’s annual report shows the Swedish FinTech’s revenues rising and losses narrowing during 2023. The report, released Wednesday (Feb. 28), comes as the buy now, pay later...

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Enfuce Wins eMoney License From British Regulator
Enfuce Wins eMoney License From British Regulator
February 27, 2024  |  Digital Banking

Finland-based payment processor Enfuce is expanding its operations in the United Kingdom. The FinTech said in a Tuesday (Feb. 27) press release that it received...

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EU: Microsoft-Mistral Deal Needs Further Investigation
EU: Microsoft-Mistral Deal Needs Further Investigation
February 27, 2024  |  Partnerships

European regulators are taking a closer look at Microsoft’s new partnership with Mistral. The tech giant announced Monday (Feb. 26) that it planned to make...

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Wish Unveils Trade-In Program as Consumers Embrace Resale
Wish Unveils Trade-In Program as Consumers Embrace Resale
February 26, 2024  |  Retail

Mobile eCommerce platform Wish has launched a new trade-in program for old technology. Beginning next month, customers in certain parts of Europe can trade in devices such as smartphones,...

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PayTabs Egypt and Souhoola Partner on BNPL for eCommerce Merchants
PayTabs Egypt and Souhoola Partner on BNPL for eCommerce Merchants
February 26, 2024  |  Buy Now Pay Later

PayTabs Egypt, a provider of digital payment solutions, partnered with Souhoola, an Egyptian buy now, pay later (BNPL) platform. Via the collaboration, PayTabs Egypt will...

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JPM Veteran Raghavan Joins Citi as Banking Head
JPM Veteran Raghavan Joins Citi as Banking Head
February 26, 2024  |  Personnel

Citi has named a 24-year veteran of JPMorgan Chase as its new banking head. Viswas “Vis” Raghavan is set to join Citi’s executive management team and will report...

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EU Makes Instant Payments the Law of the Land
EU Makes Instant Payments the Law of the Land
February 26, 2024  |  Faster Payments

Making instant payments in the European Union (EU) just became much easier. The European Council on Monday (Feb. 26) adopted a regulation making instant payments available in euros to...

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