EMEA

Apple Will Let Rivals Access Tap-to-Pay System
Apple Will Let Rivals Access Tap-to-Pay System
December 12, 2023  |  Apple

Apple reportedly offered to let competitors access its tap-to-pay mobile wallet system. The agreement could mean the end of a European Union antitrust case and...

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Worldline Debuts Metaverse Shopping Hub
Worldline Debuts Metaverse Shopping Hub
December 12, 2023  |  Metaverse

Payments services provider Worldline is expanding its virtual shopping program. The French company announced Tuesday (Dec. 12) the launch of the Worldline Metaverse Shopping Hub...

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Paymentology Names Marqeta’s Jeff Parker as New CEO
Paymentology Names Marqeta’s Jeff Parker as New CEO
December 12, 2023  |  Personnel

U.K. card issuer Paymentology has named Marqeta veteran Jeff Parker as its new CEO. Parker, who stepped down as managing director of Marqeta last month, will succeed interim Co-CEOs Abe Smith...

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Ocado Doubles Down on Robotics as Grocery Delivery Competition Heats Up
Ocado Doubles Down on Robotics as Grocery Delivery Competition Heats Up
December 11, 2023  |  eCommerce

As grocers look to drive digital sales while protecting their margins, Ocado is reportedly adding more robotic arms in an effort to boost fulfillment efficiency....

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Airbnb and Klarna Expand Pay Over Time Program to UK
Airbnb and Klarna Expand Pay Over Time Program to UK
December 11, 2023  |  BNPL

Airbnb continues the phased global rollout of its Pay Over Time with Klarna option, launching it in the United Kingdom. The online marketplace for lodging...

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UK Payments FinTech SumUp Raises $307 Million 
UK Payments FinTech SumUp Raises $307 Million 
December 11, 2023  |  Fintech Investments

Payments FinTech SumUp has raised $307 million to expand its footprint and develop new services. The British company, whose products include point-of-sale card readers, announced...

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Face-Scanning Technology Becomes Focus of EU’s AI Act Negotiations 
Face-Scanning Technology Becomes Focus of EU’s AI Act Negotiations 
December 08, 2023  |  Artificial Intelligence

European Union (EU) negotiators are reportedly engaged in discussions to establish the most comprehensive regulation of artificial intelligence (AI) in the western world.  After a marathon...

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UK Considering Ways to Close ‘Advice Gap’ for Small Investors 
UK Considering Ways to Close ‘Advice Gap’ for Small Investors 
December 08, 2023  |  Personal Finance

The United Kingdom’s Financial Conduct Authority (FCA) and government are considering ways to allow the delivery of more advice and support to consumers to support their...

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UK Antitrust Regulator Eyes Microsoft-OpenAI Partnership
UK Antitrust Regulator Eyes Microsoft-OpenAI Partnership
December 08, 2023  |  ANTITRUST

The United Kingdom’s Competition and Markets Authority (CMA) is gathering information on the partnership between Microsoft and OpenAI.  The regulator aims to determine if “recent developments” have resulted in a...

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