Europe

Greece Says No, Amazon Prime Members Say Yes, PayPal Spends Big
July 06, 2015

The burgers have all been grilled, the parades have all been attended and the fireworks have all been shot off. It is time to get back to work. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cross-border Payments
Monitise Revises Revenue Projections Down … Again
July 06, 2015

Once known as one of Britain’s preeminent tech firms, Monitise has issued yet another revenue warning that estimates its full-year results for 2015 will be between £88M–£90M ($137M–$140M). In March, Monitise said it had expected revenues to be between £90M–£100M ($140M–$155.5M). The struggles with revenue...

Europe
Barclays Launches ‘Snap And Send’ Mobile Check Service
July 03, 2015

The 325-year-old Barclays announced yesterday (July 2) the extension of its mobile checks imaging service to nearly 1 million more customers, including 500,000 customers with Android phones in the U.K., and, for the first time in the U.K., to iPad users. Get the Full Story...

Europe
PayByPhone Parking Goes Live In Switzerland
July 03, 2015

The mobile payment service from PayByPhone that specializes in parking is now available in all spaces across Geneva. Drivers can pay for their parking via the PayByPhone app on their smartphones. After a successful year and a half pilot trial in 500 spaces across the city,...

Cross-border Payments
Global Fashion Group Racks Up $167M In Funding
July 02, 2015

Rocket Internet’s Global Fashion Group (GFG), the German Internet platform’s fashion-focused umbrella group, announced yesterday (July 1) that it secured €150 million ($167 million) in funding from an internal financing round. Rocket Internet also announced plans to move two of its Brazilian online fashion businesses...

Europe
Amazon Delivers One-Hour Service To London
July 01, 2015

Amazon’s Prime Now service, which offers one-hour delivery from local stores, is now also available in London. Amazon follows Apple’s track by launching Prime Now in London, its first launch outside of the U.S. Get the Full Story Complete the form to unlock this article...

UK Agencies Take Out Cybercriminal Gang
June 29, 2015

Investigators from six different European countries, supported by Europol and Eurojust, joined together to bring down a cybercriminal group in Ukraine. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

UK Cybersecurity Firm Gets $1.6B Value Post IPO Price
June 29, 2015

Sophos, the IT security firm, revealed the pricing of its initial public offering, bringing the total valuation of the company to £1 billion and marking one of the largest flotations by a technology company in the U.K., TechCrunch reported late last week. Get the Full...

Cross-border Payments
Google, SoftBank Invest $11.5M In Yieldify
June 26, 2015

In a Series A funding round led by Google Ventures and SoftBank Capital, London-based software-as-a-service startup Yieldify picked up $11.5 million to fuel the growth of its predictive marketing technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...