EMEA

UK’s FCA: eMoney CEOs Must Make Consumer Duty Rules ‘Top Priority’
UK’s FCA: eMoney CEOs Must Make Consumer Duty Rules ‘Top Priority’
February 21, 2023  |  Regulation

A British regulator has told eMoney firms that they need to change some practices. Financial Conduct Authority (FCA) Director of Payment and Digital Assets Matthew...

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French Startups Ecosystem ‘In Good Shape’ Following Record 2022 Fundraising
French Startups Ecosystem ‘In Good Shape’ Following Record 2022 Fundraising
February 21, 2023  |  Startups

Despite growing investor concerns and a dip in valuations of many global firms, French startups continued to raise millions in venture capital (VC) funding last...

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Chipper Cash Cuts Staff but Keeps Crypto Operations
Chipper Cash Cuts Staff but Keeps Crypto Operations
February 21, 2023  |  Personnel

Pan-African FinTech Chipper Cash has reportedly laid off more than a third of its staff. “Friday was a sad day for Chipper Cash, as many...

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UK Hits Open Banking Milestone Amid Lingering Doubts About API Performance
UK Hits Open Banking Milestone Amid Lingering Doubts About API Performance
February 21, 2023  |  Digital Banking

About 10% of U.K.’s population used open banking services in January. Data from a recent report by Open Banking Limited (OBL) shows that the number...

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AeroCloud Raises $12M for Cloud-Native Airport Software
AeroCloud Raises $12M for Cloud-Native Airport Software
February 21, 2023  |  Investments

Airport software maker AeroCloud says it plans to expand after raising $12.6 million. The British company announced the Series A funding in a news release...

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HSBC Profits Jump 90% as Interest Rates Rise
HSBC Profits Jump 90% as Interest Rates Rise
February 21, 2023  |  Earnings

Banking giant HSBC is hopeful the interest rates that led to a huge jump in profits will last into this year. The London-based bank reported...

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Spend Management Firm SpendHQ Unveils ESG Procurement Help Tools
Spend Management Firm SpendHQ Unveils ESG Procurement Help Tools
February 21, 2023  |  B2B Payments

SpendHQ says it wants to help companies meet their procurement goals and meet ESG standards. To that end, the spend intelligence and procurement performance management firm...

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Bokadirekt and Trustly Partner on Instant Payouts for Beauty Salons
Bokadirekt and Trustly Partner on Instant Payouts for Beauty Salons
February 21, 2023  |  Disbursements

Bokadirekt and Trustly have partnered to enable instant payouts for beauty salons in Sweden. The collaboration adds Trustly’s payment infrastructure to Bokadirekt’s booking platform for...

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Retailers Upgrade Payments Choice and Fraud Prevention With Outside Help
Retailers Upgrade Payments Choice and Fraud Prevention With Outside Help
February 21, 2023  |  Retail

Retailers upgrading their payments experience and fraud prevention capabilities are increasingly seeking outside expertise in their innovation journeys, going for “buy” rather than “build” in...

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