EMEA

Enfuce and Orka Swap BNPL For Pay Now, Finance Later
Enfuce and Orka Swap BNPL For Pay Now, Finance Later
January 11, 2023  |  BNPL

Two EU FinTechs want to counter buy now, pay later with “pay now, finance later.” Enfuce, a Finnish card issuing company, and financial services firm...

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FCA Fines Al Rayan and Guaranty Trust Banks For AML Failures
FCA Fines Al Rayan and Guaranty Trust Banks For AML Failures
January 11, 2023  |  Security & Fraud

The FCA has fined Al Rayan and Guaranty Trust banks over anti-money laundering (AML) failures. In the first penalty, announced by the U.K.’s Financial Conduct Authority on...

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UK Central Bank Warns Lenders of ‘Prolonged’ Period of Stress
UK Central Bank Warns Lenders of ‘Prolonged’ Period of Stress
January 11, 2023  |  Debt

The Bank of England said financial institutions should expect more scrutiny of their credit portfolios. “The operating environment for firms remains challenging,” the central bank...

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Study: Streaming Media, Online Travel and Messaging Are on the Rise
Study: Streaming Media, Online Travel and Messaging Are on the Rise
January 11, 2023  |  Connected Economy

Global digital transformation continues despite economic troubles and, according to PYMNTS’ Q3 2022 ConnectedEconomy™ (CE) Index, three ascendent areas dominated in the latest sounding. This,...

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Crypto Exchange Platform Yellow Card Expands Payment Feature Across Africa
Crypto Exchange Platform Yellow Card Expands Payment Feature Across Africa
January 11, 2023  |  Cryptocurrency

Yellow Card Financial now enables customers across Africa to send and receive cryptocurrency. The company’s Yellow Pay, which was previously available only in Nigeria, uses...

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EU Banks Risk Losing Customer Focus as They Reorganize
EU Banks Risk Losing Customer Focus as They Reorganize
January 10, 2023  |  Banking

Europe’s retail banking sector is battling weak consumer sentiment and the threat of loan defaults. To curb losses and adapt to a difficult consumer credit...

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Tech Firms Usher in Next-Gen AR Glasses for European Creators
Tech Firms Usher in Next-Gen AR Glasses for European Creators
January 10, 2023  |  emea

Recent Big Tech moves highlight advancements in the design of augmented reality (AR) glasses. While the concept has been around for a while — it’s...

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Creative Fabrica, Dutch Subscription Marketplace for Designers, Secures $61M Funding
Creative Fabrica, Dutch Subscription Marketplace for Designers, Secures $61M Funding
January 10, 2023  |  Subscription Commerce

The Amsterdam-based startup Creative Fabrica has raised $61 million in a fresh funding round. An online marketplace for fonts, graphics, digital designs and other content...

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Top-Rated Restaurant Noma to Shut Dining Room in Post-Pandemic Pivot
Top-Rated Restaurant Noma to Shut Dining Room in Post-Pandemic Pivot
January 10, 2023  |  Restaurant innovation

Noma shows that even the most successful restaurants’ courses have been forever altered by COVID-19. The three-Michelin-star establishment in Copenhagen, Denmark, which has many times...

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