In today’s top EMEA news, Berlin-based Delivery Hero acquires minority stake in Gorillas delivery startup, UK P2P Lender Zopa raises $303 million. Plus, digital bank Lunar buys payments platform Paylike, U.K. supermarket giant Tesco takes on Amazon Go, and FinTech payments startup Primer raised $50 million. Get the Full...
Chinese eCommerce platform Alibaba last year bought just over 10% of Singapore-based ocean liner operator Transfar Shipping, which sails between China and the west coast of the U.S., according to a report in The Loadstar on Monday (Oct. 18). Get the Full Story Complete the...
Nine schools in the North Ayrshire area of Scotland started using facial recognition on Monday (Oct. 18) to verify the identities of children for lunch payments as a way to speed the process as well as make it contactless. Get the Full Story Complete the...
Earlier this month, the Reserve Bank of India (RBI) established a rule governing how businesses can process recurring payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
The leader of the United Kingdom’s financial watchdog organization has said he will step down in spring 2022, a year earlier than expected, The Guardian reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
In today’s top EMEA news, U.K. FinTech Plum closes a $13.9 million Series A funding round, and The Digital Pound Foundation wants to see a U.K. CBDC materialize. Plus, U.K.’s Banking Protocol helps stop cybercriminals in their tracks, and Nigerian retail-tech startup Alerzo acquires FinTech...
The last big U.S. social network in China — Microsoft’s LinkedIn — is shuttering operations in the country over concerns about internet censorship and regulations, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The U.K. Financial Conduct Authority (FCA) has handed down new guidance for regulated business sectors over the risks involved with remote and hybrid work environments in a Monday (Oct. 11) press release. Get the Full Story Complete the form to unlock this article and enjoy...
China’s Central Bank has penalized 1,436 banks and payment companies and levied fines totaling 1.13 billion yuan — or $176 million — since 2016, the bank’s deputy governor said at the recent China Payment and Clearing Forum. Get the Full Story Complete the form to...
