EU

The European Union is a political and economic union of 28 member states that are located primarily in Europe. Its members have a combined area of 4,475,757 km² and an estimated total population of about 513 million.

Source: en.wikipedia.org

Debit Card Transactions Soar in Germany Amid Digital Wallet Growth
Debit Card Transactions Soar in Germany Amid Digital Wallet Growth
February 26, 2023  |  Payment Methods

Germany’s girocard clocked 6.7 billion transactions in 2022, a 13% increase compared to the year prior. This led to a 12.2% jump in sales to...

READ MORE >
The VC Fundraising Sea-Change: Less Formal, More Human
The VC Fundraising Sea-Change: Less Formal, More Human
February 23, 2023  |  Startups

FinTech firms are increasingly focusing on profitability, turning away from the growth-at-all-costs strategy many have long pursued. According to some investors, this strategic pivot from growth...

READ MORE >
UK Hits Open Banking Milestone Amid Lingering Doubts About API Performance
UK Hits Open Banking Milestone Amid Lingering Doubts About API Performance
February 21, 2023  |  Digital Banking

About 10% of U.K.’s population used open banking services in January. Data from a recent report by Open Banking Limited (OBL) shows that the number...

READ MORE >
Spend Management Firm SpendHQ Unveils ESG Procurement Help Tools
Spend Management Firm SpendHQ Unveils ESG Procurement Help Tools
February 21, 2023  |  B2B Payments

SpendHQ says it wants to help companies meet their procurement goals and meet ESG standards. To that end, the spend intelligence and procurement performance management firm...

READ MORE >
Cazoo Latest Exit Signals Trouble in Europe’s Once-Booming Used Car Market
Cazoo Latest Exit Signals Trouble in Europe’s Once-Booming Used Car Market
February 17, 2023  |  Retail

British auto marketplace Cazoo is selling its German subscription business two years after buying it.  The decision, announced in a Friday (Feb. 17) statement, comes after the online...

READ MORE >
Big Tech Firms Publish Monthly Active Users Data for EU
Big Tech Firms Publish Monthly Active Users Data for EU
February 17, 2023  |  Regulation

Big tech companies have released monthly active users (MAU) numbers to comply with a regulation. Reuters reported Friday (Feb. 17) that the firms released the numbers because...

READ MORE >
Norway’s Vipps Seeks EU Antitrust Help Against Apple
Norway’s Vipps Seeks EU Antitrust Help Against Apple
February 15, 2023  |  Mobile Payments

Norwegian FinTech Vipps is seeking the European Union’s help in an antitrust battle against Apple. CEO Rune Garborg told Reuters in an interview published Wednesday...

READ MORE >
Switzerland’s Taurus Raises $65M to Grow Digital Asset Platform
Switzerland’s Taurus Raises $65M to Grow Digital Asset Platform
February 14, 2023  |  Payment Methods

Taurus has raised $65 million in a Series B round to grow its digital asset platform. The provider of digital asset infrastructure for financial institutions in...

READ MORE >
Italy’s Mobile Wallet Use Rises, Despite Government Cash Chaos
Italy’s Mobile Wallet Use Rises, Despite Government Cash Chaos
February 14, 2023  |  Payment Methods

PYMNTS’ Q3 2022 ConnectedEconomy™ Index, “How the World Does Digital,” finds that consumers globally are increasingly incorporating digital tools, transactions and activities into their daily...

READ MORE >