Europe

UK’s May Retail Sales Top Economists’ Expectations
May 27, 2015

To everyone’s surprise, sales in the U.K. have boomed in May and are expected to hit their highest level in more than 26 years in June, according to Reuters. Retailers’ overall assessment of the business situation improved to +20, the highest since last August and up...

Brits Ditch Cash For Cards
May 22, 2015

2014 marks the first time that U.K. “non-cash” payments outnumbered cash payments, in a total of 18 billion transactions. In its report, the U.K. Payments Council analyzed how cash was used by consumers in 2014 and how it could evolve in the next 10 years. Get...

Cross-border Payments
Russian Hackers Gearing Up Wave Of International iBank Attacks
May 15, 2015

According to the experts at root9B – a cybersecurity firm populated by former State Department and Defense Department workers – an alleged Russian cybercrime gang is gearing up for a major attack on U.S. banking institutions. The group has been known under such names as...

25 Online Transactions Per Second Occur In France
May 14, 2015

According to Le Journal du net, France’s online sales have increased 13.7 percent between the first trimesters of 2014 and 2015, reaching a total of €15.2 billion (roughly $17.3 billion) worth of sales- almost €2 billion (roughly $2.23 billion) more in comparison to last year....

US Tech Giants Criticize EU’S New Digital Strategy
May 07, 2015

As soon as the European Commission officially launched its new and repeatedly leaked plan for a single digital market, U.S. tech giants raised red flags. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Good News For UK Retailers? It’s A Girl!
May 07, 2015

Babies are good for business – though that probably shouldn’t be the first compliment one delivers to a new mother. Babies are also adorable and that is probably the right place to start. Get the Full Story Complete the form to unlock this article and...

Visa Card Rolls Out V.me In The UK
May 06, 2015

Visa’s 60 million users based in the U.K. will be able to use Visa’s V.me “digital mobile” services by June, making it easier and quicker to shop online, according to the Financial Times. V.me, launched by Visa in 2012, allows its users to store payment...

Visa Europe Launches International Innovation Hub
May 04, 2015

With an eye toward sparking innovation, Visa Europe has opened a new hub. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Cross-border Payments
Is Silicon Valley In The Crosshairs Of EU Regulators?
May 01, 2015

Earlier this week, we reported that Google is gearing up for a potential anti-trust fight with the European Union. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...