EMEA

Mastercard, Visa, PayPal, Amex Suspend Russian Operations
Mastercard, Visa, PayPal, Amex Suspend Russian Operations
March 06, 2022  |  International

American Express is joining Visa, Mastercard and PayPal in suspending operations in Russia following its invasion of Ukraine, a press release said. “As a result,...

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Digital Dollar Awaits Public Comments, Philippine Central Bank Says No
Digital Dollar Awaits Public Comments, Philippine Central Bank Says No
March 06, 2022  |  CBDC

The U.S. is in a quiet phase of its decision on whether to build and issue a central bank digital currency (CBDC), with the initial...

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Mastercard, Visa Suspend Russian Operations, Condemn Unprovoked Attack on Ukraine 
Mastercard, Visa Suspend Russian Operations, Condemn Unprovoked Attack on Ukraine 
March 05, 2022  |  Payment Methods

The world’s two largest credit card and digital payment processors both announced Saturday (March 5) that they were suspending operations in Russia in response to...

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Aggregators Weekly: Kuwait’s Talabat Mart Delivery Service Expands
Aggregators Weekly: Kuwait’s Talabat Mart Delivery Service Expands
March 04, 2022  |  Delivery

Good news came this week for residents of Assiut, Zagazig, Ismailia and Port Said who have been seeking a food delivery service. Talabat Mart, the...

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UK Health Club Chain Virgin Active Snaps Up Nutrition Firm, Secures Funding
UK Health Club Chain Virgin Active Snaps Up Nutrition Firm, Secures Funding
March 04, 2022  |  Acquisitions

U.K. health chain Virgin Active is expanding operations with £88.4 million (roughly $117 million) in funding, the acquisition of a nutrition firm and a new...

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Big Tech Weekly: Lithuania Asks Apple, Google to Delete Russia’s Yandex Ride-Hailing App
Big Tech Weekly: Lithuania Asks Apple, Google to Delete Russia’s Yandex Ride-Hailing App
March 04, 2022  |  Big Tech

On the heels of Russia’s invasion of Ukraine, the Republic of Lithuania in the Baltic region of Europe has asked Google and Apple to remove...

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EMEA Daily: Ukraine Receives $20M in Bitcoin, Ethereum Donations; Volocopter Raises $170M for Air Taxi 
EMEA Daily: Ukraine Receives $20M in Bitcoin, Ethereum Donations; Volocopter Raises $170M for Air Taxi 
March 04, 2022  |  International

In today’s top Europe, Middle East, and Africa news, bitcoin and ethereum investors donated $20 million to Ukraine in the wake of Russia’s invasion of...

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FATF Demotes UAE to Money Laundering ‘Gray List’
FATF Demotes UAE to Money Laundering ‘Gray List’
March 04, 2022  |  AML

The Financial Action Task Force, an intergovernmental agency that fights against money laundering, will soon put the United Arab Emirates on its so-called “gray list”...

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Sary Expands to Africa With Acquisition of Egyptian B2B Platform Mowarrid
Sary Expands to Africa With Acquisition of Egyptian B2B Platform Mowarrid
March 04, 2022  |  B2B Payments

Sary, the business-to-business (B2B) eCommerce marketplace based in the Middle East and North Africa, announced it has acquired Mowarrid, a B2B food and grocery marketplace...

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