EMEA

Meeting the Money Mobility Promise on a Global Scale
Meeting the Money Mobility Promise on a Global Scale
April 19, 2022  |  Disbursements

Consumers are increasingly dependent on digital channels for financial accounts but often still want to use nondigital channels when dealing with complex or unfamiliar areas....

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New 11-Country Study Shows Digital Transformation Has Reached Only 27% of Full Potential
New 11-Country Study Shows Digital Transformation Has Reached Only 27% of Full Potential
April 19, 2022  |  Connected Economy

“Everything that can be invented has been invented.” So said Charles H. Duell, the commissioner of the United States Patent Office, in 1899, before radio,...

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Hybrid Banking Model Bridges ‘Much Needed’ Last-Mile Service Delivery Gap for Nigeria’s SMEs
Hybrid Banking Model Bridges ‘Much Needed’ Last-Mile Service Delivery Gap for Nigeria’s SMEs
April 19, 2022  |  Digital-First Banking

Nigeria’s current financial system can be tough to navigate for millions of merchants who live in remote communities and have no access to reliable banking...

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EMEA Daily: Zambia-Based Union54 Raises $12M; Francois Pinault, I2PO Buy Deezer for Over $1B
EMEA Daily: Zambia-Based Union54 Raises $12M; Francois Pinault, I2PO Buy Deezer for Over $1B
April 18, 2022  |  International

In today’s top Europe, Middle East and Africa news, the Zambian card-issuing company Union54 raised $12 million in seed funding. Plus, music-streaming platform Deezer may...

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Zambian Card Issuer Union54 Raises $12M
Zambian Card Issuer Union54 Raises $12M
April 18, 2022  |  Investments

Union54, a card-issuing startup based in Zambia, has raised $12 million in a seed extension round to further its goal of offering an alternative to...

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Billionaire Francois Pinault, Partners to Buy Deezer for $1.1B
Billionaire Francois Pinault, Partners to Buy Deezer for $1.1B
April 18, 2022  |  Acquisitions

Billionaire Francois Pinault and the other founders of Paris-based blank-check firm I2PO are buying music-streaming platform Deezer for €1.075 billion ($1.16 billion) and plan to...

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Report: UK Encryption Startup Arqit Overstates Its Outlook
Report: UK Encryption Startup Arqit Overstates Its Outlook
April 18, 2022  |  Cybersecurity

The viability of U.K. cybersecurity startup Arqit’s proposed approach to encryption technology is overstated, The Wall Street Journal reported on Monday (April 18), citing unnamed...

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Streaming Subscriptions Decline in UK as Inflation Mounts
Streaming Subscriptions Decline in UK as Inflation Mounts
April 18, 2022  |  Subscriptions

Households in the U.K. are dropping steaming services in record numbers as runaway inflation eats away at already strained budgets, according to media reports on...

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EU Banking Authority Payment Fraud Consult May Impact PSD2
EU Banking Authority Payment Fraud Consult May Impact PSD2
April 18, 2022  |  Bank Regulation

The European Banking Authority (EBA) on Tuesday, April 19 will close a public consultation launched in January to better understand certain trends of payment fraud...

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