Consumer Services

Visa & Mastercard extend EU fee caps to 2029. HKMA and Banque de France collaborate on digital euro project for cross-border payments.

EPI’s wero wallet debuts in Germany with plans for wider Europe rollout. MUFG invests $195M in Thai fintech Ascend Money.

Currensea surpasses crowdfunding goals while Ant Group’s MultiSafePay acquisition boosts global payment solutions.

Chime acquires Salt Labs, BIS advances Project Nexus, and a $30 billion Visa/Mastercard settlement is rejected.

ABC Projektai celebrates a legal win as their banking licence is restored, while UK banks address payment delays impacting thousands.

The ECB promotes a digital euro to enhance payment freedom and competition, aiming for a 2026 launch. Visa introduces a service for digital card replacements via text or email for travellers, ensuring seamless journeys. #DigitalEuro #Visa #Fintech #DigitalPayments

UK-Caribbean Trade & Investment Forum 2023 explored ministerial insights, investments and positive developments in sustainability and energy projects