EMEA

Amazon Deal With EU Gives Rivals More Website Real Estate
Amazon Deal With EU Gives Rivals More Website Real Estate
December 15, 2022  |  Amazon

A new European Union-Amazon deal will force the retailer to alter its business practices. The company has agreed to a settlement with regulators in Europe...

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Backlog Forces Resignation of Germany’s Anti-Money Laundering Head
Backlog Forces Resignation of Germany’s Anti-Money Laundering Head
December 15, 2022  |  AML

The leader of German’s anti-money laundering office has reportedly resigned. Christof Schulte, who had overseen Germany’s Financial Intelligence Unit (FIU) since 2018, stepped down Thursday...

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Online Car-Buying Firm Cazoo Sells Spanish Business
Online Car-Buying Firm Cazoo Sells Spanish Business
December 15, 2022  |  eCommerce

Online car-buying platform Cazoo has sold its Spanish subscription business. In a Thursday (Dec. 15) press release, the U.K.-based online auto seller announced that it has...

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Buy Now Pay Later Lenders Face Challenges Amid Sector Growth
Buy Now Pay Later Lenders Face Challenges Amid Sector Growth
December 15, 2022  |  Buy Now Pay Later

Challenges in the buy now pay later (BNPL) sector vary from market to market. In countries where credit is traditionally accessed via credit cards, the...

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Europe’s Hospitality Tech Companies See Strong Funding Week
Europe’s Hospitality Tech Companies See Strong Funding Week
December 15, 2022  |  Investments

A string of funding rounds has highlighted a boom for European hospitality tech companies. As restaurants and hotels increasingly digitize their operations, investors are backing...

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UAE Instant Payment Platform Set for 2023 Launch
UAE Instant Payment Platform Set for 2023 Launch
December 15, 2022  |  Faster Payments

The UAE’s Instant Payment Platform (IPP) will launch in the first quarter of 2023. The latest announcement on the IPP, which had initially been slated...

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International Money Transfer Firm Wise Launches New Savings Product
International Money Transfer Firm Wise Launches New Savings Product
December 15, 2022  |  emea

International money transfer company Wise has launched a new savings product. Launched in the U.K. on Thursday (Dec. 15), the new “Interest” product lets Wise...

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FinTech-Powered Digital Financial Services Drive Small Business Growth
FinTech-Powered Digital Financial Services Drive Small Business Growth
December 15, 2022  |  emea

FinTechs are offering an alternative to cumbersome and risky corporate spending processes. And whether it’s freelancers or large enterprises, workers no longer have to go...

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European Cities Promote Nationwide Open-Loop Contactless Travel
European Cities Promote Nationwide Open-Loop Contactless Travel
December 14, 2022  |  Payments Innovation

The Netherlands has followed London’s example with the launch of an open-loop transport system. Unlike their closed-loop equivalent, open-loop payment systems don’t require an additional...

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