EMEA

EU Agrees on Strong AML Checks for Crypto With an Exemption for Unhosted Wallets 
EU Agrees on Strong AML Checks for Crypto With an Exemption for Unhosted Wallets 
June 30, 2022  |  Cryptocurrency

EU policymakers agreed on new anti-money laundering (AML) rules for crypto transactions on Wednesday, June 29. The agreement contemplates that for transactions between digital wallet...

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Merchants’ Local Payment Options Lag Rise in Global eCommerce Shopping
Merchants’ Local Payment Options Lag Rise in Global eCommerce Shopping
June 30, 2022  |  Cross-border Payments

Localized payments are proving crucial to global expansion for merchants and brands, underscoring the need for more payments choice, and integrations supporting it. That’s the...

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EU Subscription Businesses Get Boost From Revenue-Based Financing
EU Subscription Businesses Get Boost From Revenue-Based Financing
June 30, 2022  |  Subscriptions

As traditional funding methods see headwinds during global macroeconomic challenges, revenue-based financing (RBF) is emerging as a convenient, viable option to bridge working capital gaps...

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Authorized Push Payment Fraud Reaches ‘Epidemic’ Levels in UK
Authorized Push Payment Fraud Reaches ‘Epidemic’ Levels in UK
June 29, 2022  |  Security & Fraud

The U.K. is experiencing a widespread “epidemic” of payments fraud, in which scammers trick victims into sending money into fraudsters’ accounts, the Financial Times reported...

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Deliveroo Debuts eCommerce, Ad Platform in UK
Deliveroo Debuts eCommerce, Ad Platform in UK
June 29, 2022  |  Delivery

Deliveroo will be adding more specific advertising opportunities for brands, with a new program called Deliveroo Media and Ecommerce, a company press release said Wednesday...

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Credit Suisse Pilfers Ex-Truist Exec Rick Wolfgram for Tech Investment Role
Credit Suisse Pilfers Ex-Truist Exec Rick Wolfgram for Tech Investment Role
June 29, 2022  |  Personnel

Credit Suisse Group has hired Rick Wolfgram as managing director for its tech investment banking group, a Bloomberg report said Wednesday (June 29). Wolfgram was...

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ZoodPay Integrates BNPL Into Iraqi Retail and eCommerce Company Shopini
ZoodPay Integrates BNPL Into Iraqi Retail and eCommerce Company Shopini
June 29, 2022  |  Buy Now Pay Later

ZoodPay, a Swiss buy now, pay later (BNPL) solution, Wednesday (June 29) announced a deal with Shopini, an Iraqi retailer and eCommerce company. Under the...

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Today in Food Commerce: Rewe Announces Autonomous Store; General Mills Notes Shift Away from Restaurants
Today in Food Commerce: Rewe Announces Autonomous Store; General Mills Notes Shift Away from Restaurants
June 29, 2022  |  Retail

Today in food commerce, Sharebite raises $39 million in its Series B funding round and Israel-based computer vision company Trigo announces an autonomous grocery store...

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Linnworks Partners With Payoneer on Cross-Border Transactions
Linnworks Partners With Payoneer on Cross-Border Transactions
June 29, 2022  |  Partnerships

U.K.-based eCommerce technology company Linnworks announced Wednesday (June 29) that it is partnering with eCommerce payments service provider Payoneer to simplify cross-border and B2B transactions...

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