EMEA

EU Officials: Crypto Exchanges Could Lose Licenses for AML Breaches
EU Officials: Crypto Exchanges Could Lose Licenses for AML Breaches
June 01, 2022  |  Cryptocurrency

Cryptocurrency exchanges that commit serious breaches of anti-money laundering (AML) rules should lose their licenses, a group of EU financial officials said Wednesday (June 1)....

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HyperPay Raises $36.7M to Expand Payment Services to MENA Merchants
HyperPay Raises $36.7M to Expand Payment Services to MENA Merchants
June 01, 2022  |  International

Payments FinTech HyperPay raised $36.7 million (SAR138M) to expand its payment services to merchants in the Middle East and North Africa (MENA) region. Get the...

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TrueLayer, Thunes Team on Open Banking Payments in Europe, UK
TrueLayer, Thunes Team on Open Banking Payments in Europe, UK
June 01, 2022  |  Payment Methods

European open banking platform TrueLayer and Singapore-based FinTech and global cross-border payments platform Thunes are teaming up to make it easier for U.K. and European...

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Poland’s High-Tech ‘Eobuwie’ Brand Takes the Shoes out of Traditional Shoe Stores
Poland’s High-Tech ‘Eobuwie’ Brand Takes the Shoes out of Traditional Shoe Stores
June 01, 2022  |  Retail

There may only be about 30 “eobuwie” (pronounced “ee-oh-Booie”) omnichannel shoe stores scattered across Poland, but the upstart brand’s new high-tech format is turning heads...

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How Merchants Can Tap Embedded Finance to Offer Next-Gen Solutions
How Merchants Can Tap Embedded Finance to Offer Next-Gen Solutions
June 01, 2022  |  Banking

PYMNTS' new "Banking-As-A-Service Opportunity Report" examines how FIs and Banking-as-a-Service providers are creating the invisible, frictionless financial services experiences their customers expect.

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UK Government Wants Bank of England to Regulate at-Risk Stablecoins
UK Government Wants Bank of England to Regulate at-Risk Stablecoins
June 01, 2022  |  Cryptocurrency

The U.K. government announced a few months ago that it wanted to lure the crypto community with a regulatory-friendly environment, and yesterday, May 31 the...

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Open Banking to Play Key Role in Accelerating Invisible Payments Trend
Open Banking to Play Key Role in Accelerating Invisible Payments Trend
June 01, 2022  |  Payments Innovation

In today’s world where consumers are more and more inclined toward convenience, the arrival of new payment methods has lifted the bar higher in terms...

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Israeli Freight Platform Freightos to Go Public Via SPAC
Israeli Freight Platform Freightos to Go Public Via SPAC
May 31, 2022  |  SPAC

Israeli digital freight booking and payment platform Freightos will go public through a merger with special purpose acquisition corporation (SPAC)  Gesher Acquisition, the companies announced...

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Singapore’s SMB Payments Gateway HitPay Nets $15.8M
Singapore’s SMB Payments Gateway HitPay Nets $15.8M
May 31, 2022  |  B2B Payments

HitPay, a payments platform for small- to medium-sized businesses (SMBs), announced Tuesday (May 31) that it had raised $15.7 million in a Series A funding...

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