EMEA

Some Central Bankers Signal Support for Private Sector Digital Currencies Over CBDCs
Some Central Bankers Signal Support for Private Sector Digital Currencies Over CBDCs
July 26, 2022  |  CBDC

Conventional wisdom holds that, as digital currencies continue to evolve and as bitcoin and its brethren joust with the traditional banking system, central banks would...

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Virgin Money Announces BNPL Credit Card
Virgin Money Announces BNPL Credit Card
July 26, 2022  |  BNPL

British bank Virgin Money announced the launch of a new credit card that will allow customers to spread their payments over several months, entering the...

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Amazon to Raise Prime Subscription Price in Europe to Offset Inflation
Amazon to Raise Prime Subscription Price in Europe to Offset Inflation
July 26, 2022  |  Retail

In a bid to offset the increased cost of goods and shipping services, Amazon said it plans to raise the annual fee for a Prime...

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Plaid Pilots Payments Tool to Streamline Recurring Payments
Plaid Pilots Payments Tool to Streamline Recurring Payments
July 26, 2022  |  Payment Methods

Plaid has launched a tool in beta to improve variable recurring payments (VRPs) for individual consumers and businesses in the United Kingdom, according to a...

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UK Digital Banks Set Sights on Underserved Mass Affluent Segment
UK Digital Banks Set Sights on Underserved Mass Affluent Segment
July 26, 2022  |  Digital Banking

When we talk about the mass affluent, it goes beyond high-net-worth individuals and affluent retirees to people who have made a huge fortune from the...

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Aspire, RegTech Provider Know Your Customer Team to Better Serve SMBs
Aspire, RegTech Provider Know Your Customer Team to Better Serve SMBs
July 25, 2022  |  Partnerships

Finance operating system Aspire and RegTech firm Know Your Customer are partnering to bolster financial services for small- to medium-sized businesses (SMBs) in Southeast Asia,...

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CBDC Weekly: Is the US Behind on a Digital Dollar?
CBDC Weekly: Is the US Behind on a Digital Dollar?
July 25, 2022  |  CBDC

About 50 countries are in the development, pilot or launch phase of a central bank digital currency (CBDC), according to Josh Lipsky, senior director at...

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Iceland: A Key European Center for Web3 and AML Innovation Technology
Iceland: A Key European Center for Web3 and AML Innovation Technology
July 25, 2022  |  emea

For a country that has a population of less than half a million, Iceland has an impressively diverse tech scene that includes a number of...

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Algorand Adviser Says Digital Dollar Could Be Lifeline, Not a Threat to Banks
Algorand Adviser Says Digital Dollar Could Be Lifeline, Not a Threat to Banks
July 25, 2022  |  CBDC

Commercial banks are calling a Fed-issued digital dollar an existential business threat, but they seem to be missing the point. “The banks really should not...

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