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MENA Region Holds Regulatory Clues For Merchants

PYMNTS

In regions where open banking and other electronic payments pilots are becoming common, such as the Middle East-North Africa (MENA) region, pandemic-era payments are all about privacy, security and trust, particularly in B2B transactions. Privacy Protection In The Spotlight. under the GDPR. Lessons From Abroad.

Regional 130
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Regions to ‘Refresh’ Digital Offerings as Avant Comes Online

Bank Innovation

Regions Financial Corp. The Regions-Avant partnership was announced last April. is using its upcoming Avant deployment as an opportunity to “refresh” its digital offerings. “[W]e’re in the process even Read More.

Regional 150
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Kroger, Ocado To Build Regional High-Tech Fulfillment Centers

PYMNTS

the British online grocer, have announced a joint plan to build three customer fulfillment centers. Through our strategic partnership, we are engineering a model for these regions, leveraging advanced robotics technology and creative solutions to redefine the customer experience.”. billion in April, a 37 percent rise over March.

Regional 131
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Visa On The Role of ‘Super Apps’ In Driving Emerging Market Growth

PYMNTS

In the case of Dubai-based ride-hailing and delivery platform Careem and its efforts to modernize payments in the Middle East North Africa (MENA) region, add “timely” to the list. Just how important that ability is became quickly evident during the global pandemic, as the MENA region shut down like the rest of the world.

Marketing 241
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FinTechs Take A Regional Approach To SMB COVID-19 Relief

PYMNTS

The market will be watching closely whether financial institutions (FIs) are able to address some of the biggest headaches from the first round of PPP loans, namely an influx of applications that can overwhelm lenders’ systems. LendingTree. The companies said their initiative is geared toward enabling community FIs a competitive edge.

Fresno 142
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Report: Helping Online Merchants Comply With The Middle East’s New Payments Regs

PYMNTS

One area where the pandemic may significantly impact emerging data protection and open banking rules is the Middle East and North African region (MENA). Saudi Arabia and the United Arab Emirates are attempting to square away increasing consumer use of online channels with their privacy and banking standards.

Online 151
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Uber Cleared To Buy Online Grocer Cornershop

PYMNTS

If the Uber-Cornershop deal is fully approved, Uber said it would expand grocery delivery beyond Mexico, Chile, Canada and Peru, and into other regions worldwide, according to Reuters. FNE made the approval “without conditions,” according to a Reuters report. The agency ultimately decided the acquisition would not affect competition.

Online 163