EMEA

Eurozone Sees Third Straight Month of Upbeat Economic News 
Eurozone Sees Third Straight Month of Upbeat Economic News 
May 23, 2024  |  Spend Management

Businesses in the Eurozone have seen their third straight month of growth. According to The Wall Street Journal, this upward climb has been driven in a...

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Strong Customer Authentication Drives 4% Decline in UK Fraud Losses
Strong Customer Authentication Drives 4% Decline in UK Fraud Losses
May 23, 2024  |  Fraud Prevention

Financial services industry initiatives helped drive down fraud losses in the United Kingdom in 2023. Criminals stole about 1.2 billion pounds (about $1.5 billion) through...

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Big Tech Companies Highlight Benefits of AI at European Event
Big Tech Companies Highlight Benefits of AI at European Event
May 23, 2024  |  artificial intelligence

At the VivaTech conference in Paris on Wednesday (May 22), executives from Amazon and Google spoke about the potential of artificial intelligence (AI) and its...

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Bank of America: New EU Instant Payments Rules Address Liquidity for Corporates
Bank of America: New EU Instant Payments Rules Address Liquidity for Corporates
May 23, 2024  |  Faster Payments

The payments landscape in Europe is poised for a shift as new regulations mandating support for instant payments go into effect in 2025. That’s no...

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Nory Raises $16 Million to Expand ‘AI Restaurant Manager’ Product
Nory Raises $16 Million to Expand ‘AI Restaurant Manager’ Product
May 22, 2024  |  Investments

Nory has raised $16 million in Series A funding to expand the use of artificial intelligence (AI) in the hospitality industry. The company will use...

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AI Regulations Take Shape Worldwide
AI Regulations Take Shape Worldwide
May 22, 2024  |  artificial intelligence

New artificial intelligence (AI) regulations are rolling out around the world. Colorado has become the first U.S. state to regulate AI, aiming to prevent consumer...

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Capchase Secures $114 Million to Provide Funding for SaaS Businesses
Capchase Secures $114 Million to Provide Funding for SaaS Businesses
May 21, 2024  |  Startups

Capchase received a 105-million-euro (about $114 million) credit facility warehouse led by Deutsche Bank to support flexible financing for software-as-a-service (SaaS) businesses in the United Kingdom and Europe....

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European Council Approves AI Act, Says It Sets Global Standard
European Council Approves AI Act, Says It Sets Global Standard
May 21, 2024  |  artificial intelligence

The European Council (EC) has approved the Artificial Intelligence (AI) Act, saying this law is the first of its kind in the world and may set a global...

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UK Regulator Opens the Door for Credit Card Data Reporting Mandates
UK Regulator Opens the Door for Credit Card Data Reporting Mandates
May 21, 2024  |  Credit Cards

Higher fees from the payments networks across the pond have not translated into better service, according to a new report. The U.K.’s Payment Systems Regulator...

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