EMEA

Revolut Investor Says FinTech’s Value Has Jumped 45%
Revolut Investor Says FinTech’s Value Has Jumped 45%
April 15, 2024  |  Digital Banking

A Revolut investor reportedly believes the FinTech’s value has climbed 45% since last year. An investment trust overseen by Schroders has upped its stake in the British company, from 7.88 million...

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Germany to Deliver Benefits Via Payment Cards Rather Than Cash
Germany to Deliver Benefits Via Payment Cards Rather Than Cash
April 12, 2024  |  Disbursements

The German parliament approved legislation Friday (April 12) that calls for benefits to be delivered to asylum seekers on payment cards rather than cash.  This...

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CFPB and EU Eye Consumer Risks of BNPL, AI and Digital Payments
CFPB and EU Eye Consumer Risks of BNPL, AI and Digital Payments
April 11, 2024  |  CFPB

Consumer protection officials for the United States and the European Commission have met to discuss three shared priorities: buy now, pay later (BNPL), digital payments...

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European Retailers Awake to the Click-and-Mortar™ Shoppers
European Retailers Awake to the Click-and-Mortar™ Shoppers
April 10, 2024  |  Retail

Last week, Intersport Deutschland, Germany’s largest sports retailer, announced plans to open 100 new retail storefronts across the country over the next six years, bringing...

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EU Leaders Seek Reforms to Attract Private Capital
EU Leaders Seek Reforms to Attract Private Capital
April 09, 2024  |  International

European Union (EU) leaders reportedly aim to harmonize the member nations’ bankruptcy and corporate tax laws. The leaders will call for this and other changes during...

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Wirex Plans Decentralized Autonomous Organization for WPay Platform
Wirex Plans Decentralized Autonomous Organization for WPay Platform
April 09, 2024  |  Digital Payments

Wirex says it is creating a decentralized autonomous organization (DAO) for its payment platform WPay. The project is designed to give users the opportunity to play a...

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Microsoft to Open New AI Hub in London
Microsoft to Open New AI Hub in London
April 08, 2024  |  artificial intelligence

Microsoft AI, an artificial intelligence (AI)-focused organization formed by the tech company in March, is opening a new AI hub in London. The Microsoft AI...

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Swan Taps Wise to Enable International Payments for European Companies
Swan Taps Wise to Enable International Payments for European Companies
April 05, 2024  |  Cross-border Payments

European embedded finance firm Swan has integrated Wise Platform to enable its clients to send and receive money from more than 190 countries.  With Wise Platform, which is Wise’s...

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Nearly 41% of UK Consumers Are Considered ‘Digital Enthusiasts’ 
Nearly 41% of UK Consumers Are Considered ‘Digital Enthusiasts’ 
April 05, 2024  |  Consumer Insights

In compiling the “U.K. Edition of the 2024 Global Digital Shopping Index,” PYMNTS Intelligence found that when compared to consumers in other regions, U.K. consumers...

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