EMEA

3 Ways 5G Is Set to Revolutionize Real-Time B2B Payments
3 Ways 5G Is Set to Revolutionize Real-Time B2B Payments
February 03, 2023  |  B2B Payments

As global tech architecture advances, the time is ripe for the consumerization of B2B payments. This means increased personalization and real-time responsiveness, transactional transparency, and...

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Phlo Raises $12M to Extend Digital Pharmacy Services Across UK
Phlo Raises $12M to Extend Digital Pharmacy Services Across UK
February 03, 2023  |  Investments

Scotland-based digital pharmacy Phlo has reportedly raised 10 million pounds (about $12 million) in Series A funding. The digital pharmacy will use the new capital...

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Demand for Flexible B2B Payments Fuels EU BNPL Growth
Demand for Flexible B2B Payments Fuels EU BNPL Growth
February 03, 2023  |  BNPL

Business-to-business (B2B) payments are fueling the uptake of buy now, pay later (BNPL) in Europe. While the explosion of the BNPL concept has primarily centered...

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Dubai Looks to End Reliance on Check-Based Rent Payments
Dubai Looks to End Reliance on Check-Based Rent Payments
February 03, 2023  |  Payment Methods

After dominating the Dubai rental landscape for years, checks may be on their way out. The Dubai Land Department (DLD) recently announced that it has...

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UK Sets Stage for Future Digital ID Legislation and Data Use
UK Sets Stage for Future Digital ID Legislation and Data Use
February 03, 2023  |  Regulation

The U.K. government is seeking public comment on how to make it easier to prove one’s identity online. Consumers can comment on the draft legislation...

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Swiss Prosecutors Looking Into 2022 Credit Suisse Data Leak
Swiss Prosecutors Looking Into 2022 Credit Suisse Data Leak
February 03, 2023  |  Security & Fraud

Switzerland aims to identify and prosecute those behind a 2022 Credit Suisse data leak. Reuters reported Friday (Feb. 3) that the country’s federal prosecutors have launched criminal proceedings and...

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Auto Repair Software Developer Xolvis Integrates Open Banking Payments With Volt
Auto Repair Software Developer Xolvis Integrates Open Banking Payments With Volt
February 03, 2023  |  Digital Payments

Xolvis has teamed with Volt to integrate open banking payments into its platform. The Munich-based software developer announced in a Thursday (Feb. 2) blog post...

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UK Regulator Blocked 14X More Misleading Financial Promotions in 2022
UK Regulator Blocked 14X More Misleading Financial Promotions in 2022
February 03, 2023  |  Security & Fraud

The U.K.’s financial regulator sent out over 1,800 alerts last year to protect consumers from financial scams. In a Friday (Feb. 3) press release, the...

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Digital ID and KYC Platforms Potent Weapons Against Accounts Receivable Fraud
Digital ID and KYC Platforms Potent Weapons Against Accounts Receivable Fraud
February 03, 2023  |  Security & Fraud

 Not knowing who’s on the other side of the transaction is expensive.  As noted here last month, financial institutions (FIs) were fined nearly $5 billion for...

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