EMEA

Amazon Pushes for End to European Commission Probe with Data Sharing, Rival Boosting
Amazon Pushes for End to European Commission Probe with Data Sharing, Rival Boosting
June 13, 2022  |  Amazon

Amazon will share marketplace data with its sellers and boost rivals’ product visibility on its platform if the European Commission will close its 2020 investigation...

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India’s 8i Ventures Sells Part of M2P Fintech Stake at 36x+ Return
India’s 8i Ventures Sells Part of M2P Fintech Stake at 36x+ Return
June 13, 2022  |  Investments

Early-stage venture capital firm 8i Ventures said Monday (June 13) that it had sold part of its seed stake in Banking as a Service (BaaS)...

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SMB Trade Finance Bank Neotrade Launches in UK
SMB Trade Finance Bank Neotrade Launches in UK
June 13, 2022  |  SMBs

Trade finance bank Neotrade has launched in the U.K., offering financing for small- to medium-sized businesses (SMBs) using an artificial intelligence (AI)-based scoring system to...

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Bitcoin’s Potential as ‘Digital Gold’ Loses Luster as Price Plummets
Bitcoin’s Potential as ‘Digital Gold’ Loses Luster as Price Plummets
June 13, 2022  |  Cryptocurrency

As bitcoin collapsed over the weekend, dropping nearly 14% in just 24 hours to below $24,000 in the morning Monday (June 13), it’s impossible to...

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UK Online Retail Sales Fall 8.7% in May
UK Online Retail Sales Fall 8.7% in May
June 13, 2022  |  Retail

Sales by discount retailers fell 15% in May across the United Kingdom, leading an overall 8.7% year-over-year drop in those types of purchases in the...

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Walmart Invites UK Sellers to Join Its Online Marketplace
Walmart Invites UK Sellers to Join Its Online Marketplace
June 13, 2022  |  Walmart

Walmart wants U.K. retailers to join its online marketplace to give them another place to make their eCommerce revenue, touting the 120 million monthly visitors...

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Virgin Money Teams With SurePay on CoP Solution
Virgin Money Teams With SurePay on CoP Solution
June 13, 2022  |  Fraud Prevention

Payment information company SurePay has teamed up with Virgin Money to help the company implement its U.K. Confirmation of Payee (CoP) solution to guard consumers...

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EU Faces Citizens’ Opposition in Race for Digital Euro
EU Faces Citizens’ Opposition in Race for Digital Euro
June 13, 2022  |  CBDC

The European Commission will close a public consultation on the digital euro on Tuesday (June 14), after feedback from EU citizens indicated that a central...

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Is 2022 the Year Islamic FinTech Takes Off?
Is 2022 the Year Islamic FinTech Takes Off?
June 13, 2022  |  emea

In the world of Islamic banking, the intrinsic difficulty of interpreting texts written over a thousand years ago in light of modern innovations means it...

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