EMEA

Data Brief: 6 in 10 SMBs Say All-in-One Payments Systems Save Time
Data Brief: 6 in 10 SMBs Say All-in-One Payments Systems Save Time
August 26, 2022  |  B2B Payments

Small and medium-sized businesses (SMBs) recognize that adopting an all-in-one solution could simplify accounts receivable (AR) management. Six out of 10 SMBs believe an all-in-one...

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Bunq’s CapitalFlow Picks Up $10M for Green Financing
Bunq’s CapitalFlow Picks Up $10M for Green Financing
August 26, 2022  |  Investments

Ireland-based Capitalflow Group, owned by neobank Bunq, has secured 10 million euros (about $10 million) from the low-cost Energy Efficiency Loan Scheme (EELS) of the...

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Europe’s High Street Retailers Feel Loss of Chinese Luxury Shoppers
Europe’s High Street Retailers Feel Loss of Chinese Luxury Shoppers
August 26, 2022  |  Retail

Since the start of the pandemic in 2020, Chinese tourists — once the darlings of luxury spending on European high streets — have been such...

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Can Cards Retain Dominance in the UK Payment Landscape?
Can Cards Retain Dominance in the UK Payment Landscape?
August 26, 2022  |  Payment Methods

Earlier this week, PYMNTS ran the headline that card is king in the landscape of U.K. payments, using data from a recent report by trade...

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Beepo App Enables Secure, Decentralized B2B Payments, Messaging
Beepo App Enables Secure, Decentralized B2B Payments, Messaging
August 26, 2022  |  B2B Payments

Decentralized messaging app Beepo, which is currently in beta testing, has added a new feature that it said secures all chats with blockchain encryption. With...

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Ahead of MiCA, Cyprus Emerging as Preferred EU Crypto License Base
Ahead of MiCA, Cyprus Emerging as Preferred EU Crypto License Base
August 26, 2022  |  Cryptocurrency

Earlier this month, U.K.-based digital bank Revolut was granted authorization by the Cyprus Securities and Exchange Commission (CYSEC) to offer crypto services across the European...

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Zuora to Acquire Zephr for $44M to Expand Subscription Solutions
Zuora to Acquire Zephr for $44M to Expand Subscription Solutions
August 26, 2022  |  Acquisitions

Subscription management platform provider Zuora has announced plans to acquire subscription experience platform Zephr for $44 million. Zephr is used by digital publishing and media...

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Open Text Strikes $6B Acquisition Deal for Micro Focus
Open Text Strikes $6B Acquisition Deal for Micro Focus
August 26, 2022  |  Acquisitions

Information management company Open Text is acquiring software firm Micro Focus International in an all-cash deal totaling approximately $6 billion, including debt. Open Text will...

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Ride-Hailing Weekly: Uber Changes Course in Europe, Bolt Faces Uphill Battle in Africa
Ride-Hailing Weekly: Uber Changes Course in Europe, Bolt Faces Uphill Battle in Africa
August 26, 2022  |  Ridesharing

This week, Uber announced it will overhaul its business model in Brussels and launched Uber Rent in the United Kingdom. Meanwhile, both Uber and Bolt...

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