EMEA

Meta Acquires Luxexcel in Quest to Develop AR Glasses
Meta Acquires Luxexcel in Quest to Develop AR Glasses
January 03, 2023  |  Acquisitions

Meta has bought Dutch 3D lens printer Luxexcel for an undisclosed sum. The acquisition, which was first reported by Belgian newspaper De Tijd Wednesday (Dec....

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European Regulators Turn Up Heat on Late Payment Fees to Protect Small Businesses
European Regulators Turn Up Heat on Late Payment Fees to Protect Small Businesses
January 03, 2023  |  B2B Payments

European regulators are looking to clamp down on late B2B payments in 2023. In the U.K., the government announced the launch of a review into...

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Uber Travel Arrives in MENA With Egypt Launch
Uber Travel Arrives in MENA With Egypt Launch
January 03, 2023  |  Ridesharing

Uber has launched the Uber Travel feature suite in Egypt. Specifically, “Smart Itineraries” has been launched in the country, allowing users to sync their travel...

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UK Store Closures Hit 5-Year High
UK Store Closures Hit 5-Year High
January 02, 2023  |  Retail

More than 17,000 retail stores closed shop in the United Kingdom in 2022.  The Centre for Retail Research reported Monday (Jan. 2) that there were...

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4 Trends Shaping EMEA Banking Sector in 2023
4 Trends Shaping EMEA Banking Sector in 2023
January 02, 2023  |  Banking

In this article, PYMNTS analyzes trends shaping the banking sector in the EMEA region. Zooming in on the different subregions shows that the EMEA banking...

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Central Banks Pursue CBDCs in 2023 but Diverge on Design
Central Banks Pursue CBDCs in 2023 but Diverge on Design
January 02, 2023  |  CBDC

Central banks around the world have diverged in the design of CBDCs. As the investigation phase of the European Central Bank’s (ECB) digital euro project...

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Why Worldline Says Turkey Is Ready for eCommerce Innovation
Why Worldline Says Turkey Is Ready for eCommerce Innovation
January 01, 2023  |  eCommerce

The fast-growing Turkish eCommerce market is catching the attention of global online businesses. According to Guillaume Tournand, vice president of growth and digital commerce at...

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Italy Imposes 26% Crypto Tax
Italy Imposes 26% Crypto Tax
December 30, 2022  |  Cryptocurrency

Italy’s new crypto tax is set to impose a 26% capital gains levy on traders. The tax on crypto traders is set to go into...

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Business Customers Accuse Sage of Forcing Them Into Expensive Subscriptions
Business Customers Accuse Sage of Forcing Them Into Expensive Subscriptions
December 30, 2022  |  B2B Payments

Customers say accounting and payroll company Sage has pushed them to accept costly subscription packages. That’s according to a report Friday (Dec. 30) by the...

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