EMEA

Barclays Makes Indicative Bid for Tesco’s Banking Business 
Barclays Makes Indicative Bid for Tesco’s Banking Business 
November 17, 2023  |  Acquisitions

Barclays is reportedly considering the acquisition of Tesco’s banking operations.  Tesco, a British food retailer, has invited potential buyers to submit non-binding offers for Tesco Bank as...

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ECB President Christine Lagarde Says EU Needs Capital Markets Union 
ECB President Christine Lagarde Says EU Needs Capital Markets Union 
November 17, 2023  |  Europe

European Central Bank President Christine Lagarde said the European Union (EU) needs a “European SEC” that will replace the region’s currently fragmented supervision with a more top-down approach...

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France Vies to Host EU’s New Anti-Money Laundering Agency
France Vies to Host EU’s New Anti-Money Laundering Agency
November 17, 2023  |  AML

France is vying to host the European Union’s anti-money laundering (AML) agency, with French Finance Minister Bruno Le Maire presenting Paris as an ideal location...

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Plaid and YouLend Partnership Delivers 90% Approval Rate on Financing
Plaid and YouLend Partnership Delivers 90% Approval Rate on Financing
November 16, 2023  |  SMBs

A partnership of open banking network Plaid and embedded financing platform YouLend boosted the availability of capital to small- to medium-sized businesses (SMBs) in Europe....

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European Consumers Trust PayPal More Than Banks to Provide an Everyday App
European Consumers Trust PayPal More Than Banks to Provide an Everyday App
November 16, 2023  |  Mobile Applications

As more bill payments, purchases and subscriptions become parts of household routines, there is a growing desire among consumers for a unified, single, everyday app...

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Crisp Raises $37 Million to Expand Dutch Grocery Delivery
Crisp Raises $37 Million to Expand Dutch Grocery Delivery
November 16, 2023  |  Investments

Grocery app Crisp has raised $37 million to enhance its seasonal/local food-focused delivery service. The Amsterdam-based company announced the funding in a Thursday (Nov. 16)...

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ECB Chief Supervisor Calls for Regulation of Crypto-Asset Service Providers
ECB Chief Supervisor Calls for Regulation of Crypto-Asset Service Providers
November 14, 2023  |  Cryptocurrency

The European Central Bank’s (ECB) chief supervisor, Andrea Enria, is calling for urgent action to fix a loophole in European Union (EU) rules that allows banks to...

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Worldline Offers Tap to Pay For Merchants in France
Worldline Offers Tap to Pay For Merchants in France
November 14, 2023  |  News

Worldline says its large merchant clients in France can now offer Apple’s tap-to-pay. The payments firm announced Tuesday (Nov. 14) that merchants can use the iPhone-based payment...

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Xero Adds Bill Payments and eInvoicing to Small Business Platform 
Xero Adds Bill Payments and eInvoicing to Small Business Platform 
November 13, 2023  |  B2B Payments

Global small business platform Xero has launched two new payments features aimed at assisting U.K. small businesses in managing their cash flow more effectively.  These features, backed...

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