EMEA

UK’s CMA Warns Monzo Not to Inhibit Current Account Holders Switching Accounts
UK’s CMA Warns Monzo Not to Inhibit Current Account Holders Switching Accounts
July 28, 2022  |  Digital-First Banking

Financial transaction records can act as important evidence when securing a loan or mortgage, and U.K. banks are legally obliged to provide this information to...

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Gig Platforms Risk Losing 75% of Workers Over Lack of Payments Choice
Gig Platforms Risk Losing 75% of Workers Over Lack of Payments Choice
July 28, 2022  |  B2B Payments

For businesses hoping to compete for talent in the increasingly global digital marketplace, cross-border payments innovations are crucial. A full 73% of independent contractors are...

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How Payment Methods, Regulatory Regimes Are Shaping Italy’s FinTech Ecosystem
How Payment Methods, Regulatory Regimes Are Shaping Italy’s FinTech Ecosystem
July 28, 2022  |  International

After taking applications between November 2021 and January 2022, this month saw the official opening of Italy’s regulatory sandbox for FinTech innovation. As PYMNTS reported...

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Wave of eCommerce Flops Behind Record 113,700 UK Business Closures in Q2
Wave of eCommerce Flops Behind Record 113,700 UK Business Closures in Q2
July 28, 2022  |  eCommerce

The online retail sector that boomed in the U.K. during the pandemic has suffered from a wave of closures since the government eased COVID-19 restrictions,...

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Dbank Raises Largest Seed Round in Pakistan at $17.6M
Dbank Raises Largest Seed Round in Pakistan at $17.6M
July 28, 2022  |  Investments

Pakistani FinTech startup Dbank has raised $17.6 million in a seed funding round, the largest ever in Pakistan. Founded in 2021, Dbank is in the...

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Inflation Redefines ‘Value’ at McDonald’s, Other Fast Food Chains
Inflation Redefines ‘Value’ at McDonald’s, Other Fast Food Chains
July 28, 2022  |  Economy

If a value menu deal seems too good to be true, there is a good chance that the restaurant agrees — as food prices continue...

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Tourism Rebound, Luxury Designer Demand Lifts Kering 1H Results
Tourism Rebound, Luxury Designer Demand Lifts Kering 1H Results
July 28, 2022  |  Retail

A rebound in travel combined with increased demand for luxury apparel pushed Kering to new financial heights in the first half of 2022, with the...

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As Food Costs Soar, UAE Restaurants Seek Relief From Managed Marketplaces
As Food Costs Soar, UAE Restaurants Seek Relief From Managed Marketplaces
July 28, 2022  |  ResTech

For restaurant owners and chefs in the Middle East, getting the best price on high-quality ingredients is a time-consuming, manually intensive process which requires engaging...

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Russia Plans Amendments to Regulate NFTs
Russia Plans Amendments to Regulate NFTs
July 27, 2022  |  NFTs

The Ministry of Economic Development in Moscow has numerous amendments planned to regulate non-fungible tokens (NFTs), looking to amend the Civil Code and the law...

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