Europe

Monitise’s Proposed Sale Is Off (And Their co-CEO And Founder Is Stepping Down)
March 25, 2015

It looks like Monitise will not be going up for sale after all – though it will be getting along without its founder and co-CEO Alastair Lukies. His departure comes as the U.K.-based firm attempts to carry on after being unable to find an appropriate...

B2B Payments
UK Faster Payments Up 13 Percent
March 25, 2015

The U.K.’s Faster Payments Service is steadily nibbling away at the British equivalent of the U.S.’s ACH funds-transfer system, but it’s rapidly displacing checks, according to February statistics from the U.K. Payment Council reported by Cash & Treasury Management File. Get the Full Story Complete...

Opentabs Taps PayPal For Mobile Ordering
March 25, 2015

German mobile-ordering and payment app Opentabs has added PayPal to its options for restaurant and bar payment, Mobile Commerce Daily reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

UK Government Pushes Digital Currency Regulation
March 19, 2015

The U.K. government plans to impose anti-money laundering (AML) regulations on bitcoin exchanges, beef up law-enforcement capabilities for spotting criminal use of digital currencies, and work with the digital currency industry on consumer protection standards, according to a British Treasury report issued this month. Get...

GoCardless Goes Without Another Founder​
March 18, 2015

And then there was one for GoCardless. 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. By completing this form, you agree...

Europe
European Payments Council Develops Card Processing Plan
March 11, 2015

More than a year after the European Payments Council published its new requirements for face-to-face payment-card transactions in the Euro zone, the EPC has unveiled its proposed rules for online payments and other card-not-present (CNP) transactions. Get the Full Story Complete the form to unlock...

Europe
EU Parliament Votes To Limit Interchange Fees
March 11, 2015

The European Parliament voted overwhelmingly on Tuesday (March 10) to cap payment card interchange fees for consumer payments, according to Finextra. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Airbnb Latest Funding Round May Hit $20B
March 02, 2015

Airbnb is halfway to raising another billion dollars in funding, and bringing its total valuation to $20 billion, TechCrunch reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Gemalto Confirms NSA Hack (But Says Mass Encryption Key Theft Didn’t Happen)
February 25, 2015

The world’s biggest maker of SIM cards for mobile phones, Gemalto, confirmed in an early AM press conference that it has “reasonable grounds” to believe that the NSA and GCHQ hacked its network in 2010-2011.  The Dutch firm went on to note that while the...