EMEA

Venture Capital Firms Invested Record $5.2B in African Startups in 2021
Venture Capital Firms Invested Record $5.2B in African Startups in 2021
April 19, 2022  |  Investments

Venture capital (VC) firms injected a record $5.2 billion into African startup firms in 2021, a nearly fivefold increase from 2020 levels, which dipped during...

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Société Généralee Launches Trade Finance Accelerator
Société Généralee Launches Trade Finance Accelerator
April 19, 2022  |  B2B Payments

French multinational investment bank Société Générale has launched what it calls the “Payment & Transaction Banking Accelerator” (P&T BAX). As the company said in a...

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BOPIS Grows Basket Size as Most Consumers Buy Extra Items When Picking-Up In-Store
BOPIS Grows Basket Size as Most Consumers Buy Extra Items When Picking-Up In-Store
April 19, 2022  |  Retail

Offering in-store and curbside pickup options can encourage customers to spend more in brick-and-mortar stores. About one-quarter of eCommerce shoppers in the U.S. picked up...

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French Court Fines Deliveroo, Challenging Gig Work Status
French Court Fines Deliveroo, Challenging Gig Work Status
April 19, 2022  |  Legal

A French court has fined a pair of former Deliveroo executives for abusing the freelance status of the British food delivery platform’s workers. As Reuters...

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PayPal Leading Digital Wallet in EU-5, Ahead of Cards in Germany, Study Finds
PayPal Leading Digital Wallet in EU-5, Ahead of Cards in Germany, Study Finds
April 19, 2022  |  Payment Methods

Few trends are truly global in scope — seismic shifts in behavior that transcend borders and languages. The digital transformation of payments can indeed be...

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11-Nation Study: Deeper Engagement Key to Expanding Digital Transformation
11-Nation Study: Deeper Engagement Key to Expanding Digital Transformation
April 19, 2022  |  Connected Economy

As consumers keep recasting routines and businesses invest hundreds of billions of dollars in new digital systems, the transformation we’ve undertaken is humming — but...

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UniCredit Expands Open Banking Alliance With Worldline
UniCredit Expands Open Banking Alliance With Worldline
April 19, 2022  |  Partnerships

Pan-European bank UniCredit is expanding its alliance with global payments firm Worldline to tap into its open banking third-party provider (TPP) service. “As a leading...

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EU Crypto Industry Coordinates Efforts to Amend EU Rules 
EU Crypto Industry Coordinates Efforts to Amend EU Rules 
April 19, 2022  |  Cryptocurrency

Crypto businesses are increasing their efforts to influence European lawmakers concerning the design of cryptocurrency regulatory framework. According to a letter seen by Reuters, more...

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Fraud Prevention Firm SEON Raises $94M
Fraud Prevention Firm SEON Raises $94M
April 19, 2022  |  Investments

British-Hungarian online fraud prevention firm SEON has raised $94 million in Series B funding, the company said in a news release Tuesday (April 19). SEON...

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