EMEA

How a 190-Year-Old UK Bank Is Reimagining Payments
How a 190-Year-Old UK Bank Is Reimagining Payments
May 15, 2023  |  Cross-border Payments

Slow processing times, high banking fees, and complex and overlapping regulatory requirements continue to create pain points for individuals sending and receiving remittances worldwide. And...

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Macron Invites Global Companies to ‘Choose France’
Macron Invites Global Companies to ‘Choose France’
May 14, 2023  |  International

France’s president is due to unveil billions in investments in his country by global businesses. Emmanuel Macron has invited around 200 business leaders to Versailles...

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UK Records $1.5 Billion in Fraud in 2022
UK Records $1.5 Billion in Fraud in 2022
May 14, 2023  |  Security & Fraud

Fraudsters stole more than £1.2 billion ($1.5 billion) in the U.K. last year, down 8% since 2021. That’s according to new findings from UK Finance, which also concluded...

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Ahrvo Labs Launches Cross-Border Open Banking Platform Supporting 185 Currencies
Ahrvo Labs Launches Cross-Border Open Banking Platform Supporting 185 Currencies
May 12, 2023  |  B2B Payments

Ahrvo Labs has launched a platform that allows any authenticated bank account to be used for cross-border transactions. The company’s new Cross-Border Open Banking platform...

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Paysend Launches Cross-Border Payments Solution for Small Businesses in US
Paysend Launches Cross-Border Payments Solution for Small Businesses in US
May 11, 2023  |  Cross-border Payments

Paysend has launched its cross-border payments solution for small businesses in the United States. The expanded availability of Paysend Business follows its successful implementation in the United Kingdom in 2022,...

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Revolut CFO Resigns Citing ‘Personal Reasons’
Revolut CFO Resigns Citing ‘Personal Reasons’
May 11, 2023  |  Personnel

Revolut’s chief financial officer has stepped down two years after joining the British FinTech. Mikko Salovaara’s resignation was due to “personal reasons,” a company spokesperson...

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Wasoko Expands African B2B eCommerce Marketplace Into Zambia
Wasoko Expands African B2B eCommerce Marketplace Into Zambia
May 11, 2023  |  eCommerce

B2B marketplace Wasoko has moved into Zambia as part of a broader expansion in Africa. “Launching its central hub in Lusaka, Wasoko’s operations will enable...

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ThreatFabric Raises $12.5 Million to Grow Fraud Detection Solution
ThreatFabric Raises $12.5 Million to Grow Fraud Detection Solution
May 11, 2023  |  Investments

ThreatFabric has raised 11.5 million euros (about $12.5 million) to grow its fraud detection solution. The Amsterdam-based startup aims to expand internationally and add artificial...

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EU Reaches ‘Milestone’ to Regulating AI With OK of Rules Draft
EU Reaches ‘Milestone’ to Regulating AI With OK of Rules Draft
May 11, 2023  |  artificial intelligence

European lawmakers have reportedly agreed to new transparency regulations for generative AI applications like ChatGPT. The measures are part of a broader package of artificial...

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