EMEA

European Luxury Retailer Openings Jump 77% as China Sees ‘Softening’
European Luxury Retailer Openings Jump 77% as China Sees ‘Softening’
May 03, 2023  |  Retail

Luxury store openings in Europe skyrocketed last year as global travel resumed. That’s according to the latest edition of Savills’ Global Luxury Retail Outlook, which...

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Why SocGen’s B2B Marketplaces Strategy Needed FinTech
Why SocGen’s B2B Marketplaces Strategy Needed FinTech
May 03, 2023  |  Banking

Online business-to-business (B2B) marketplaces are fast growing in popularity, helping to accelerate digital payment innovation in the business space. According to a research study by...

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Western Union Sees Digital Transactions Grow but Revenues Decline
Western Union Sees Digital Transactions Grow but Revenues Decline
May 02, 2023  |  Earnings

Western Union is seeing growth in the number of digital transactions. During the quarter ended March 31, the firm recorded 7% growth in the number...

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Nomba Raises $30 Million for ‘Bespoke’ Payment Solutions
Nomba Raises $30 Million for ‘Bespoke’ Payment Solutions
May 02, 2023  |  Payments As A Service

Nigeria’s Nomba has raised $30 million to move payments from the “generic” to the specific. “Despite the growth in digital payments across Africa, most businesses...

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HSBC Will Use SVB to Launch Global Tech Business
HSBC Will Use SVB to Launch Global Tech Business
May 02, 2023  |  Banking

When it comes to its purchase of Silicon Valley Bank’s British arm, HSBC is thinking globally. In an interview Tuesday (May 2) with Bloomberg Television,...

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Aligned Raises $5.8 Million to Streamline B2B Dealmaking
Aligned Raises $5.8 Million to Streamline B2B Dealmaking
May 02, 2023  |  Investments

Aligned has raised $5.8 million to develop a network that aims to streamline B2B dealmaking. The company will use the new funding to continue building...

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Boodil Launches Pay by Portal to Reduce Credit Card Fees
Boodil Launches Pay by Portal to Reduce Credit Card Fees
May 02, 2023  |  Payment Methods

Boodil has launched a Pay by Portal solution to allow businesses to take account-to-account payments. This new solution enables merchants to send out payment links...

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42% of Consumers Say ‘Verify Me’ Whenever They Pay for Goods and Services
42% of Consumers Say ‘Verify Me’ Whenever They Pay for Goods and Services
May 02, 2023  |  Security & Fraud

Security is top-of-mind for consumers as data breaches swirl across the headlines. To that end, as found in the report “Consumer Behaviors and Perceived Security...

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UK APP Fraud Rules Will Keep Faster Payments Safer Long Term, Experts Say
UK APP Fraud Rules Will Keep Faster Payments Safer Long Term, Experts Say
May 02, 2023  |  Security & Fraud

The U.K. has been experiencing a widespread payments fraud epidemic in recent years. And to stem the tide, U.K. regulators are preparing to mandate that...

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