EMEA

Stripe Steps Up UK Expansion With London Office
Stripe Steps Up UK Expansion With London Office
May 21, 2024  |  Digital Payments

Stripe is reportedly opening a new London location as part of a larger U.K. expansion. This new office will house 250 workers from the payments company’s engineering, sales,...

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Report: US and UAE Plan AI Partnerships
Report: US and UAE Plan AI Partnerships
May 21, 2024  |  Artificial Intelligence

The United States and the United Arab Emirates are reportedly strengthening their artificial intelligence ties. Omar Sultan Al Olama, the UAE’s state minister for AI, said his...

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Visa and Mastercard Face Calls for More Transparency in UK
Visa and Mastercard Face Calls for More Transparency in UK
May 21, 2024  |  Credit Cards

The U.K.’s payments watchdog says card giants Visa and Mastercard need to offer greater transparency. The Payment Systems Regulator (PSR) said Tuesday (May 21) that it is proposing that both companies...

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UK Antitrust Regulator Won’t Investigate Microsoft-Mistral AI Partnership
UK Antitrust Regulator Won’t Investigate Microsoft-Mistral AI Partnership
May 17, 2024  |  Regulation

The United Kingdom’s Competition and Markets Authority (CMA) will not investigate Microsoft’s partnership with artificial intelligence (AI) startup Mistral AI. “The CMA has decided that...

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Klarna and Nets Team on BNPL for Nordic eCommerce Merchants
Klarna and Nets Team on BNPL for Nordic eCommerce Merchants
May 15, 2024  |  Buy Now Pay Later

Buy now, pay later (BNPL) firm Klarna and payments service provider Nets partnered to bring more payment options to merchant clients in Sweden, Norway and Denmark. Through the collaboration, eCommerce merchants can...

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Block-Owned TBD and Chipper Cash Partner on Cross-Border Payments in Africa
Block-Owned TBD and Chipper Cash Partner on Cross-Border Payments in Africa
May 15, 2024  |  Cross-border Payments

Block-owned TBD and African FinTech Chipper Cash partnered to facilitate B2C and B2B cross-border payments across 40 African countries. Chipper Cash has integrated with TBD’s open messaging protocol, tbDEX, to...

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British Payments Sector Protests Fraud Reimbursement Rules
British Payments Sector Protests Fraud Reimbursement Rules
May 15, 2024  |  Security & Fraud

The U.K. payments sector is protesting the government’s plan to have companies reimburse fraud victims. Dozens of members of the Payments Association have written to...

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BNP Paribas CEO Jean-Laurent Bonnafé: Europe’s Regulations Limit Bank Mergers
BNP Paribas CEO Jean-Laurent Bonnafé: Europe’s Regulations Limit Bank Mergers
May 14, 2024  |  Banking

BNP Paribas CEO Jean-Laurent Bonnafé reportedly expressed skepticism about the potential for a revival of mergers and acquisitions (M&A) activity in European banking. Speaking Tuesday...

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UK’s FCA Defends Proposal to Disclose Companies Under Investigation
UK’s FCA Defends Proposal to Disclose Companies Under Investigation
May 08, 2024  |  Regulation

The Financial Conduct Authority (FCA), the United Kingdom’s financial watchdog, has reportedly faced a backlash from the industry regarding its proposal to publicly disclose companies under...

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