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
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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