europe

EC Opens Investigation of Amazon’s Planned Acquisition of iRobot
EC Opens Investigation of Amazon’s Planned Acquisition of iRobot
July 06, 2023  |  ANTITRUST

The European Commission (EC) has opened an in-depth investigation into Amazon’s proposed acquisition of iRobot. The commission has identified initial competition concerns and will now investigate them in greater depth, the...

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Binance Loses European Banking Partner Paysafe
Binance Loses European Banking Partner Paysafe
June 29, 2023  |  Cryptocurrency

Binance can’t seem to catch a break in Europe. This month has already seen the cryptocurrency giant face a criminal probe in France, a reported order to shut...

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Visa to Acquire Core Banking Platform Pismo for $1 Billion
Visa to Acquire Core Banking Platform Pismo for $1 Billion
June 28, 2023  |  Acquisitions

Visa plans to acquire Pismo for $1 billion cash to provide more solutions to its customers. The acquisition will also expand the geographic footprint of Pismo, a cloud-native...

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JPMorgan Chase Launches Euro-Denominated Transactions With JPM Coin
JPMorgan Chase Launches Euro-Denominated Transactions With JPM Coin
June 23, 2023  |  Blockchain

J.P. Morgan Chase has launched euro-denominated transactions with its blockchain-based JPM Coin. This offering for corporate clients went live Wednesday (June 21), Bloomberg reported Friday (June 23). Reached by...

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Alibaba to Bring Tmall eCommerce Site to Europe
Alibaba to Bring Tmall eCommerce Site to Europe
June 15, 2023  |  eCommerce

Alibaba, the Chinese eCommerce behemoth, is planning to expand its Tmall eCommerce site to Europe, according to Michael Evans, president of Alibaba Group. Speaking at...

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Worldline Unveils Payment Suite for Electric Vehicle Charging
Worldline Unveils Payment Suite for Electric Vehicle Charging
June 14, 2023  |  Payment Methods

With more drivers going electric, Worldline has debuted an electric vehicle payments tool. The company’s Worldline EV Charging Payments Suite is designed to meet the...

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Month-Old AI Startup Mistral Raises $113 Million
Month-Old AI Startup Mistral Raises $113 Million
June 14, 2023  |  Investments

French startup Mistral AI has reportedly raised a record $113 million in seed funding. The company, founded by artificial intelligence (AI) vets from Google and...

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Eurozone Recession May Hint at What’s to Come for US
Eurozone Recession May Hint at What’s to Come for US
June 13, 2023  |  Economy

Slowed consumer spending led to a recession for the eurozone, stoking speculation of a global pullback. One consequence of a global economy is that when...

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B2B Payments Platform Sprinque Secures $21 Million Debt Facility to Expand Across Europe
B2B Payments Platform Sprinque Secures $21 Million Debt Facility to Expand Across Europe
June 06, 2023  |  Investments

Amsterdam-based B2B payments platform Sprinque has secured a 20-million-euro (about $21 million) debt facility. “We’re extremely happy to be able to share the good news for B2B...

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