EMEA

M-Pesa Partners With Visa for Virtual Card Payments in Africa
M-Pesa Partners With Visa for Virtual Card Payments in Africa
June 02, 2022  |  Digital Payments

African money transfer service M-Pesa will be teaming with Visa on a virtual payment card service that will try to tap into the subscriptions market...

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BIS Recommends Built-In Regulatory Framework for DeFi Blockchains
BIS Recommends Built-In Regulatory Framework for DeFi Blockchains
June 02, 2022  |  Blockchain

The Bank for International Settlements (BIS), the so-called central banks’ bank, published a report in May assessing how automated supervision could help regulate and supervise...

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EMEA Daily: DoorDash’s $8B International Expansion
EMEA Daily: DoorDash’s $8B International Expansion
June 02, 2022  |  emea

In today’s top stories from Europe, the Middle East and Africa, DoorDash acquires Finnish food aggregator Wolt in a bid to expand internationally. Also, Italian...

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EU Considers Adding Crypto, BNPL in Payment Directive
EU Considers Adding Crypto, BNPL in Payment Directive
June 02, 2022  |  Regulation

The European Commission has launched a public consultation to gather information for its review of the second EU Payment Services Directive (PSD2). The Commission has...

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EU Supervisors Seek More Power to Strip Licenses for AML Violations
EU Supervisors Seek More Power to Strip Licenses for AML Violations
June 02, 2022  |  AML

The European Supervisory Authorities (ESAs) published a joint report on Thursday (June 1) advocating for the introduction in all relevant EU sectoral laws of a...

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Privacy Coins: Blow for Freedom — or Boon for Crime?
Privacy Coins: Blow for Freedom — or Boon for Crime?
June 02, 2022  |  Cryptocurrency

In the controversial world of cryptocurrency, there’s very little more controversial than privacy coins, a subtype of digital assets designed specifically to be impossible to...

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DoorDash Becomes Major International Competitor With Close of Wolt Acquisition
DoorDash Becomes Major International Competitor With Close of Wolt Acquisition
June 02, 2022  |  Delivery

DoorDash is no longer just a heavyweight in the United States. The San Francisco-based restaurant aggregator announced Wednesday (June 1) the completion of its acquisition...

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Nexi to Buy BPER Banca Payment Unit for $412M
Nexi to Buy BPER Banca Payment Unit for $412M
June 02, 2022  |  Acquisitions

After months of negotiations, Italian payments group Nexi has agreed to pay as much as $412 million to buy the payments business of BPER Banca...

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Online Car Marketplaces Drive Profits for MENA Startups
Online Car Marketplaces Drive Profits for MENA Startups
June 02, 2022  |  Retail

With almost 2,000 cars sold daily and nearly 750,000 vehicles sold on a yearly basis, the Egyptian used car market, representing a Gross Merchandise Value...

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