EMEA

Poland’s Allegro Posts Strong Q2 as BNPL Service Surpasses 1M Users, Jumps 260% YoY
Poland’s Allegro Posts Strong Q2 as BNPL Service Surpasses 1M Users, Jumps 260% YoY
September 29, 2022  |  eCommerce

Against the backdrop of Europe’s deepening energy crisis, a weak Polish currency, Złoty, and ongoing conflict in neighboring Ukraine, the Polish retail sector has remained...

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FCA: Crypto Firms Denied Licenses Are Re-Applying
FCA: Crypto Firms Denied Licenses Are Re-Applying
September 29, 2022  |  Cryptocurrency

At the Consumer Protection in Financial Services Summit in London Thursday (Sept. 29), Sheldon Mills, executive director for competition and consumers at the U.K.’s Financial...

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ECB Holds Off on P2P Digital Euro Transactions
ECB Holds Off on P2P Digital Euro Transactions
September 29, 2022  |  CBDC

A digital euro might be based on blockchain technology, but it will require middlemen to validate transactions, at least to begin with. Get the Full...

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Madeira Gets a Digital Twin in the Metaverse
Madeira Gets a Digital Twin in the Metaverse
September 29, 2022  |  Metaverse

In a government-endorsed “digital twin” project, the first 500 plots of virtual real estate in ‘Madalia World’ a virtual version of the Portuguese archipelago of...

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UK Regulator Says Banks Should Reimburse Victims of APP Scams
UK Regulator Says Banks Should Reimburse Victims of APP Scams
September 29, 2022  |  Bank Regulation

Banks in the U.K. will have to make good on the money their customers lose from the biggest type of payment fraud in Britain under...

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53% of Consumers Trust Banks to Provide Super Apps
53% of Consumers Trust Banks to Provide Super Apps
September 29, 2022  |  Connected Economy

The super app shift favors the banks, with decades of experience and long-lived relationships with customers. The super app shift favors the FinTechs, with the...

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Liberis Raises $154M to Expand Small Business Funding Platform
Liberis Raises $154M to Expand Small Business Funding Platform
September 29, 2022  |  B2B Payments

Embedded business finance platform Liberis has secured 140 million British pounds (about $154 million) in financing to expand its funding program for small- to medium-sized...

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European Trade Group Delivers Framework Overview for Pan-European Payments
European Trade Group Delivers Framework Overview for Pan-European Payments
September 29, 2022  |  Payment Methods

A European trade group submitted an overview of its framework proposal for pan-European retail payments at any point of interaction (POI) that would help facilitate...

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Crypto Weekly: Platforms Win Regulatory Approval in EMEA
Crypto Weekly: Platforms Win Regulatory Approval in EMEA
September 29, 2022  |  Cryptocurrency

After years of operating a lucrative business model from offshore tax havens with little or no regulatory oversight, 2022 has been the year that crypto...

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