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Keywords: Digital payments
The United Kingdom's competition watchdog has unveiled proposals that could reshape the digital app marketplace by giving developers greater freedom to offer payment options outside the ecosystems operated by Apple and Google. The Competition and Markets Authority (CMA) said the proposed measures......
The Bank of England has unveiled a revised regulatory framework for stablecoins, introducing several adjustments designed to support innovation while maintaining financial stability in the rapidly evolving digital payments sector. The updated policy reflects growing interest in sterling-backed stablecoins......
France is preparing for a parliamentary debate in the upcoming legislative session on a proposal aimed at making permanent the use of restaurant vouchers in supermarkets, a measure that has so far been renewed on a temporary basis. The initiative was discussed by Serge Papin, the Minister for Commerce......
Germany has reached a significant milestone in its payment landscape, as cashless transactions have surpassed cash payments for the first time. The shift marks a major change in consumer habits in a country that has traditionally been known for its strong preference for cash. According to data released......
In Casablanca Morocco, mobile payments expanded sharply over the past year as digital financial services gained wider adoption across consumers and businesses. Total transaction value reached MAD 3.9 billion, more than doubling compared with previous levels. The number of operations increased from 9.7......
One MobiKwik Systems Ltd is aiming to build a loan book of around 50 billion rupees (approximately $522.5 million) through its non-banking financial company (NBFC) operations over the next three to five years, according to its chief executive officer. The Gurugram-based fintech firm, known for its digital......
CDP Equity has announced plans to increase its participation in Nexi, reinforcing the Italian government’s interest in strengthening strategic sectors linked to financial technology and digital infrastructure. The state-backed investor currently holds more than 19% of Nexi’s shares and intends......
Italy’s state-owned lender Cassa Depositi e Prestiti (CDP) is not planning to sell its stake in payments company Nexi, according to sources familiar with the matter. CDP currently holds around 19% of Nexi through its investment arm CDP Equity. Despite recent market speculation, the institution......
India’s fintech sector continues to expand as MobiKwik has received approval from the Reserve Bank of India to operate as a non-banking financial company (NBFC). The announcement, made by its parent firm One MobiKwik Systems, marks a significant milestone in the company’s evolution from a......