EMEA

German Neobank Ruuky Files for Insolvency
German Neobank Ruuky Files for Insolvency
January 09, 2023  |  Digital-First Banking

The German neobank Ruuky announced it has filed for bankruptcy after less than three years in operation. In a LinkedIn post Monday (Jan. 9), the Hamburg-based...

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Small Businesses Could Get Better Shot at UK’s $360B Procurement Spend
Small Businesses Could Get Better Shot at UK’s $360B Procurement Spend
January 09, 2023  |  emea

Pending U.K. legislation could boost small businesses’ access to the government’s massive pool of procurement money. The Procurement Bill is designed to make it easier...

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France’s Market Regulator Aims to Speed Mandatory Licensing of Crypto Services
France’s Market Regulator Aims to Speed Mandatory Licensing of Crypto Services
January 09, 2023  |  Cryptocurrency

France’s market regulator wants to accelerate the mandatory licensing of cryptocurrency service providers. Marie-Anne Barbat-Layani, the head of the Autorite des Marches Financiers (AMF), said...

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InsurTech Superscript Bags $54.8M Series B
InsurTech Superscript Bags $54.8M Series B
January 09, 2023  |  Investments

London-based InsurTech Superscript has raised 45 million pounds in a Series B funding round. The company announced the round in a press release on Monday...

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Santander, Allianz Trade and Two Debut BNPL for Large Businesses
Santander, Allianz Trade and Two Debut BNPL for Large Businesses
January 09, 2023  |  Buy Now Pay Later

Santander, Allianz Trade and eCommerce platform Two have launched a new buy now, pay later (BNPL) solution for large businesses. The BNPL product is aimed...

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Flush With Cash, Chinese Tourists Will Boost Spending in Fashion Capitals
Flush With Cash, Chinese Tourists Will Boost Spending in Fashion Capitals
January 09, 2023  |  Retail

Chinese tourists’ “revenge travel” will benefit high-end brands housed in the luxury capitals of the world. Call it, perhaps, a wave of “destination spending” that...

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Rolls-Royce Says Continued Luxury Demand Fuels Record Sales
Rolls-Royce Says Continued Luxury Demand Fuels Record Sales
January 09, 2023  |  Retail

Rolls-Royce says it sees no sign of a slowdown in demand for its high-end vehicles. The British automaker said Monday (Jan. 9) that it enjoyed...

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The Eight Trends That Will Shape Payments, Retail, and the Digital Economy in 2023
The Eight Trends That Will Shape Payments, Retail, and the Digital Economy in 2023
January 09, 2023  |  Connected Economy

The holiday ornaments have been put away, the resolutions have been made, the new year well wishes have been given. That means it’s time for...

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Nigeria’s Cash Crackdown Stands in Contrast to EU’s Pro-Cash Agenda
Nigeria’s Cash Crackdown Stands in Contrast to EU’s Pro-Cash Agenda
January 08, 2023  |  Cash

The Central Bank of Nigeria (CBN) is taking a tough stance on the cash economy. On Monday (Jan. 9), new limits on ATM withdrawals come...

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