EMEA

Amazon Files Lawsuit Against 10K Facebook Groups Over Fake Reviews
Amazon Files Lawsuit Against 10K Facebook Groups Over Fake Reviews
July 19, 2022  |  Amazon

Amazon filed a lawsuit against more than 10,000 Facebook group administrators for allegedly brokering fake reviews, including one called “Amazon Product Review,” which had more...

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UK Goes for Light Touch AI Regulations; While EU Doubles Down
UK Goes for Light Touch AI Regulations; While EU Doubles Down
July 19, 2022  |  Regulation

The U.K. government on Monday (July 18) presented its plan to regulate artificial intelligence (AI) in the country. Like the European Union, the U.K. adopted...

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Made.com Lowers Guidance for Second Time This Year as Big-Ticket Sales Stall
Made.com Lowers Guidance for Second Time This Year as Big-Ticket Sales Stall
July 19, 2022  |  Retail

Home furnishings retailer Made.com on Tuesday (July 19) forecast a decline of 15% to 30% in gross sales this year, sending its stock price plummeting...

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EU Plans Instant Payment Regulation in 2022, US Eyes FedNow for 2023
EU Plans Instant Payment Regulation in 2022, US Eyes FedNow for 2023
July 19, 2022  |  Regulation

Real-time payments (RTP), account-to-account (A2A) payments and instant payments all refer to the ability to process payments in seconds. This is one of the next...

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FIs Need Collaboration AND Technology to Win AML War
FIs Need Collaboration AND Technology to Win AML War
July 19, 2022  |  AML

Popular images of international crime fighting are usually replete with bank heists, gun fights, drug smuggling, and undercover agents in dark suits and shades. But...

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Polish Antitrust Office Alleges Santander, BNP Paribas, 3 Others Broke Rules
Polish Antitrust Office Alleges Santander, BNP Paribas, 3 Others Broke Rules
July 18, 2022  |  ANTITRUST

Poland’s Office of Competition and Consumer Protection (UOKiK), its antimonopoly office, announced Monday (July 18) that it has filed charges against five banks that it...

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How Nordic Payments Megastructure Can Drive Greater Regional Integration, Harmonization
How Nordic Payments Megastructure Can Drive Greater Regional Integration, Harmonization
July 18, 2022  |  Partnerships

From Europe’s first banknotes, issued in Stockholm in 1660, to the Danish government’s world-first abolition of paper bond certificates in 1980, the Nordic countries have...

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African FinTechs ‘Least Hit’ by Global Tech Funding Winter, but for How Long?
African FinTechs ‘Least Hit’ by Global Tech Funding Winter, but for How Long?
July 18, 2022  |  Fintech Investments

The dreaded word — recession — is increasingly being bandied about as economists sound the alarm of tough times ahead. This can be seen in...

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UK Consumers Trust PayPal More Than Banks to Provide Super App, Study Finds
UK Consumers Trust PayPal More Than Banks to Provide Super App, Study Finds
July 18, 2022  |  Connected Economy

The U.K.’s appetite for a super app is huge. That assertion is according to a recent report published by PYMNTS in collaboration with PayPal, titled...

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