EMEA

Growing Online Payments Fraud Puts Retailer Data Security in the Spotlight
Growing Online Payments Fraud Puts Retailer Data Security in the Spotlight
May 16, 2023  |  Retail

PYMNTS asked business leaders for their take on how to plan for the rest of 2023 and what they are telling their teams to focus...

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Cross-Border Sellers Want Tools – and Insights – to Avoid FX and Localization Pitfalls
Cross-Border Sellers Want Tools – and Insights – to Avoid FX and Localization Pitfalls
May 16, 2023  |  Global Payments

Selecting countries ripe for cross-border expansion requires thoughtful analysis of the payments landscape within different geographies to enable successful market penetration with minimal cost and...

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Pay.UK Says Controlling UK’s Payments Fraud Epidemic Needs More than AI
Pay.UK Says Controlling UK’s Payments Fraud Epidemic Needs More than AI
May 16, 2023  |  Security & Fraud

Over £1.2 billion ($1.5 billion) in the U.K. was stolen through authorized and unauthorized financial fraud in 2022, according to a recently published UK Finance report....

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Smart Raises $95 Million to Expand Retirement Savings Technology Platform
Smart Raises $95 Million to Expand Retirement Savings Technology Platform
May 15, 2023  |  Investments

Smart has raised $95 million in Series E funding to grow its retirement savings technology platform. The London-headquartered FinTech aims to continue to expand globally and...

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M-KOPA Raises $250 Million to Improve Financial Inclusion in Africa
M-KOPA Raises $250 Million to Improve Financial Inclusion in Africa
May 15, 2023  |  Investments

M-KOPA has raised $250 million to expand its financial services offering across sub-Saharan Africa. The Kenya-based company will use the new debt and equity funding to...

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Nigerian Mobile Companies Block Banks From Text Service Over Unpaid Bill
Nigerian Mobile Companies Block Banks From Text Service Over Unpaid Bill
May 15, 2023  |  Mobile Payments

Nigerian mobile companies are reportedly halting text services to banks over a $259 million bill.  The firms are set to disconnect the Unstructured Supplementary Service...

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Generative AI Is Eating the World — How to Avoid Indigestion
Generative AI Is Eating the World — How to Avoid Indigestion
May 15, 2023  |  artificial intelligence

Just a few years back, “every company” was going to be a FinTech company. Now, artificial intelligence (AI) capabilities are the future-fit infrastructure integration du...

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Zimpler Launches Instant Cross-Border Payouts for Eurozone Countries
Zimpler Launches Instant Cross-Border Payouts for Eurozone Countries
May 15, 2023  |  Faster Payments

Zimpler has launched instant cross-border payouts for the 20 eurozone countries. The new account-to-account (A2A) payment solution is available for both B2C and B2B clients and...

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How the Next Wave of Payments in the Digital Economy Might Look
How the Next Wave of Payments in the Digital Economy Might Look
May 15, 2023  |  Digital Payments

The digital economy is supported by payments infrastructure created decades ago, when payments were exclusively a physical activity. In the digital age, instant communications have...

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