Emea news and trends

Visa Invests in Four African FinTech Startups From Accelerator Program
VISA // November 06, 2024

Visa is injecting fresh funding into four startups that graduated from the first batch of its Visa Africa Fintech Accelerator program. The investments highlight Visa’s dedication to driving digital innovation within Africa, according to a Wednesday (Nov. 6) news release emailed to PYMNTS. In doing...

Square Card Enters UK Amid Small Businesses Cash Flow Worries
Payment Methods // October 31, 2024

Square is expanding its card offering into the U.K. for merchants seeking quicker funding access. An executive from the company — an arm of Twitter founder Jack Dorsey’s Block — told CNBC Thursday (Oct. 31) that it had opened registration for Square Card in Great Britain. This marks the first...

SAP Pushes Back on EU Regs as FDA Tightens AI Oversight
artificial intelligence // October 23, 2024

European tech leaders warn against stifling AI innovation as SAP’s CEO pushes back on European Union regulations. At the same time, the FDA rolls out new healthcare AI oversight measures, and major tech companies struggle to meet European compliance standards. Testing reveals that even top...

Mastercard to Begin Rollout of Real-Time Card Payments in South Africa
Real-Time Payments // October 08, 2024

Mastercard said South Africa will be its first market to benefit from real-time card payments. The company will enable acquiring banks to process real-time card payments via Mastercard’s product innovations, enhancements to its network and strategic partnerships, according to a Tuesday (Oct. 8) press release. In...

Interviews & Exclusives
Visa: Embedded Lending Provides Global Tailwind for Consumers and SMBs

October 03, 2024
Embedded lending options are proving to be critical lifelines for individuals and the smallest businesses — particularly in an uncertain macro environment marked by relatively high interest rates. “Many times in life, when you expect it least, … and you need availability [and speed] when it comes to credit — or access to cash flows […]

UK’s Open Banking Milestone: What 10 Million Users Mean for UK’s Financial Services Future

July 29, 2024
While open banking starts to gain traction in the U.S., across the pond the banking and payments sector is celebrating milestones. Last week it celebrated ten million active users. Is...

3 Big Ideas From PYMNTS Intelligence’s Digital Wallets UK Report

July 25, 2024
In the United Kingdom, digital wallets are not just tools for online payments; they are rapidly evolving into versatile companions for everyday tasks and transactions. A recent PYMNTS Intelligence Report,...

Emirates NBD Says Middle East’s Digital-First Approach Forces Treasury Management Change

July 23, 2024
The payments landscape is a global one, meaning winning innovations have boundless room to scale. It also means that geographical positioning can help with strategically driving forward various innovations. “The...

Quick Reads
UK Launching Platform to Boost Business Trust in AI

November 06, 2024
The U.K. is providing a platform to help businesses assess and mitigate the risks associated with artificial intelligence (AI) as its use becomes more widespread. A press release from the U.K. government Wednesday (Nov. 6) described the AI safety assurance platform as a “one-stop-shop” for guidance and resources to equip businesses to conduct their own […]

Visa Invests in Four African FinTech Startups From Accelerator Program

November 06, 2024
Visa is injecting fresh funding into four startups that graduated from the first batch of its Visa Africa Fintech Accelerator program. The investments highlight Visa’s dedication to driving digital innovation...

Square Card Enters UK Amid Small Businesses Cash Flow Worries

October 31, 2024
Square is expanding its card offering into the U.K. for merchants seeking quicker funding access. An executive from the company — an arm of Twitter founder Jack Dorsey’s Block — told CNBC Thursday...

Mastercard to Begin Rollout of Real-Time Card Payments in South Africa

October 08, 2024
Mastercard said South Africa will be its first market to benefit from real-time card payments. The company will enable acquiring banks to process real-time card payments via Mastercard’s product innovations,...