Payoneer Bags UK E-Money Permit from Financial Conduct Authority

Payoneer (NASDAQ:PAYO), the financial technology company empowering the world's small businesses to transact, do business and grow globally, has received (via its subsidiary – Payoneer Payment Services UK

Payoneer (NASDAQ:PAYO), the financial technology company empowering the world’s small businesses to transact, do business and grow globally, has received (via its subsidiary – Payoneer Payment Services UK Ltd) its Electronic Money License (EMI) from the United Kingdom’s Financial Conduct Authority (FCA). The license is a key requirement for digital financial institutions to continue operating in the UK and will allow Payoneer to keep providing its full suite of services to UK-based businesses.

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Trump’s Defiance, Fed Faces Destructive Blame, Tesla’s Growing Autopilot Issues And More: 5 Key Stories From The Weekend

With the first-quarter reporting season and the debt ceiling impasse now in the rearview, all eyes are now on the June meeting of the Federal Open Market Committee, the policy-setting arm of the central bank. The past two days also witnessed a bloodbath in the cryptocurrency market. Here's a recap of a few major headlines you may have missed over the weekend:

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