Digital payments across Thailand are four times as frequent as they were before the COVID-19 pandemic, as the country’s infection rate is increasing the need for online services, the central bank told Reuters in report on Monday (Oct. 11). Get the Full Story Complete the...
In today’s top EMEA news, NatWest acquires youth-oriented FinTech RoosterMoney and African FinTech Finclusion raises $20M for enterprise development. Plus, the U.K. brick-and-mortar retail scene is equipped to handle Amazon entry, one-third of U.K. SMBs are ‘highly indebted,’ according to Bank of England, and Kenyan...
Enforcement against technology companies that engage in anti-competitive practices will remain an enforcement focus of the People’s Bank of China (PBoC), central bank governor Yi Gang said at the Regulating Big Tech conference hosted by the Bank for International Settlements (BIS). Get the Full Story...
MarketForce, a Kenyan company providing B2B distribution for retail clients, is expanding in the wake of a recent funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The Egyptian Ministry of Finance has said there are 3,000 companies that have joined the state-run e-invoice platform e-finance for Digital and Financial Investments, a report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
In today’s top Europe, the Middle East and Africa (EMEA) news, the European Union could fine Apple $2.7 billion over its near-field communications (NFC) chip technology, and Google pledges $1 billion to boost internet and startups in Africa. Plus, Berlin-based firm Swarm Markets targets the...
The Saudi Central Bank (SAMA) has seen the biggest rate of adoption of contactless payments in the Middle East and North Africa and ahead of Hong Kong and Canada, with 94 percent, a report from the Saudi Gazette says. Get the Full Story Complete the...
Cross-border transactions are picking up steam, especially amid the pandemic. 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 to our daily newsletter, PYMNTS Today. By completing this...
A digital sharing platform is being developed by Singapore’s central bank in a move to help fight money laundering and other financial maneuvers that fund illegal activity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
