EMEA

TikTok Sees Exodus of Influencers From UK Shopping Service
TikTok Sees Exodus of Influencers From UK Shopping Service
June 17, 2022  |  Retail

Citing low pay, long hours and inferior products, TikTok influencers in the United Kingdom have begun leaving the platform’s eCommerce program, the Financial Times (FT)...

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EBA’s Report Includes Crypto, Payments and AML as 2022 Priorities 
EBA’s Report Includes Crypto, Payments and AML as 2022 Priorities 
June 17, 2022  |  Bank Regulation

The European Banking Authority (EBA) published on Wednesday, June 15, its Annual Report which describes in detail the activities and achievements of the Authority in...

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Africa’s Digital Future Beyond Mobile Money
Africa’s Digital Future Beyond Mobile Money
June 17, 2022  |  Payments Innovation

It seems like an exciting time for PayTech — payments technology — in Africa. Across the continent, central banks and regulators are joining forces with...

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Klarna’s Value Reportedly Slashed by Two-Thirds
Klarna’s Value Reportedly Slashed by Two-Thirds
June 16, 2022  |  BNPL

Klarna will be looking into raising more funds at a significantly lower value than it got last year, which shows how dire the environment is...

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Commercial Real Estate Lender Ashman Granted UK Banking License
Commercial Real Estate Lender Ashman Granted UK Banking License
June 16, 2022  |  Real Estate

Ashman announced in a press release yesterday that authorities in its native Britain have given it authority to lend money. The Birmingham, England-based company has...

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Bankers Urge EU to Proceed With Caution on Digital Euro
Bankers Urge EU to Proceed With Caution on Digital Euro
June 16, 2022  |  CBDC

A trade group representing the banking industry is urging European Union officials exploring the creation of a digital euro to proceed slowly and carefully. The...

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ECB Official Touts Public-Private Cooperation in Payments Digitization
ECB Official Touts Public-Private Cooperation in Payments Digitization
June 16, 2022  |  Europe

The European Central Bank (ECB) will be eyeing the effects of digitization, including ways to “stay at the technological frontier and satisfy consumers’ demand for...

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EMEA Daily: Bank of Ghana Introduces GhanaPay Mobile Wallet
EMEA Daily: Bank of Ghana Introduces GhanaPay Mobile Wallet
June 16, 2022  |  International

In today’s top stories from Europe, the Middle East and Africa (EMEA), the Bank of Ghana has introduced a brand new mobile wallet, GhanaPay. Plus,...

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Meta Announces Commitment to Advertising Antitrust Moves
Meta Announces Commitment to Advertising Antitrust Moves
June 16, 2022  |  Meta

France’s Competition Authority said Thursday (June 16) it had accepted promises by Facebook parent Meta Platforms to share some advertising data with competitors in the...

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