EMEA

EU Banks Dial Back Lending
EU Banks Dial Back Lending
December 04, 2022  |  Loans

Europe’s banks will likely reduce lending next year as the region dips into a recession. That’s according to a Sunday (Dec. 4) Financial Times report,...

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Italy’s New Government Now Likes Cash
Italy’s New Government Now Likes Cash
December 04, 2022  |  Digital Payments

Italy could give merchants permission to decline digital payments on transactions under 60 euros. New prime minister Giorgia Meloni has proposed that change in her...

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Sustainability Takes Center Stage as EU GreenTech Funding Booms 
Sustainability Takes Center Stage as EU GreenTech Funding Booms 
December 02, 2022  |  Investments

GreenTech startups in Europe have been raking in funding this week.  Hot off the back of the Cop27 summit, which saw European governments commit millions to green...

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Monetization and Real-Time Payments Define EU Open Banking API Innovation
Monetization and Real-Time Payments Define EU Open Banking API Innovation
December 02, 2022  |  API

Bank APIs are the foundation of European open banking. Since the EU’s second payment services directive (PSD2) came into force, regional banks have created application...

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76% of Grocers Say Delivery Is Key to Customer Loyalty
76% of Grocers Say Delivery Is Key to Customer Loyalty
December 02, 2022  |  Delivery

Grocers believe that delivery options are essential to securing lasting relationships with their customers. By the Numbers Research from PYMNTS’ study “Big Retail’s Innovation Mandate:...

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UK Cash Supply Threatened in Lead-Up to Holiday Season
UK Cash Supply Threatened in Lead-Up to Holiday Season
December 02, 2022  |  Cash

G4S is one of the most important players in the U.K.’s cash ecosystem. Its subsidiary, G4S Cash Solutions, is one of only four companies that...

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Ocado Puts New Warehouses on Ice as Sales Slump
Ocado Puts New Warehouses on Ice as Sales Slump
December 02, 2022  |  Retail

Ocado will pause the construction of more automated distribution centers in the U.K. In a recent presentation to analysts, the U.K.-based online grocer said the...

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Le Collectionist Raises $63M for Luxury Vacation Rental Platform
Le Collectionist Raises $63M for Luxury Vacation Rental Platform
December 02, 2022  |  Investments

French startup Le Collectionist has raised 60 million euros (about $63 million) for its vacation rental platform. Users of Le Collectionist can browse luxury properties...

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UK Regulator Fines Barclays $10.3M for Violating Card-Fee Rules
UK Regulator Fines Barclays $10.3M for Violating Card-Fee Rules
December 02, 2022  |  Bank Regulation

The U.K.’s payments regulator has fined Barclays 8.4 million pounds ($10.26 million). In a Thursday (Dec. 1) press release, the Payment Systems Regulator (PSR) said...

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