EMEA

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. Get the Full Story Complete...

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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. Get...

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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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ECB’s Panetta Urges Firms to Adopt EU Instant Payment Solutions
ECB’s Panetta Urges Firms to Adopt EU Instant Payment Solutions
June 16, 2022  |  Faster Payments

The European Union should continue working on a pan-European payment solution based on instant payments and a digital euro to avoid relying on United States...

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Europe New Battleground in Fight Against Platform Monopolies
Europe New Battleground in Fight Against Platform Monopolies
June 16, 2022  |  Big Tech

In Apple’s ongoing antitrust woes, the locus of the company’s legal concerns is increasingly moving from the U.S. to Europe as investigations by EU and...

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FinTech IPO Index Plummets 13%, Worst Weekly Showing This Year
FinTech IPO Index Plummets 13%, Worst Weekly Showing This Year
June 16, 2022  |  IPO

Perhaps the best thing that could be said about this terrible, no good, lousy week is that … it could’ve been worse. Get the Full...

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