europe

European Laundry Startups Merge To Dominate UK Market
European Laundry Startups Merge To Dominate UK Market
June 28, 2019  |  Partnerships / Acquisitions

Laundry service startup Laundrapp announced that it has merged with its biggest competitor, Zipjet, to become the largest on-demand laundry service. Together, the companies will...

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Facebook Crypto Hits Opposition In Europe
Facebook Crypto Hits Opposition In Europe
June 18, 2019  |  Cryptocurrency

The announcement of Libra, Facebook’s new cryptocurrency, has run into immediate political opposition in Europe, according to a report by Bloomberg. French Finance Minister Bruno...

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Alipay’s Many European Plays
Alipay’s Many European Plays
June 14, 2019  |  Global Payments

That Alipay is moving into Europe — and looking to support the millions of Chinese and Southeast Asian tourists who travel there annually for business...

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Trustly And PayWithMyBank Merge For Europe-to-US Payments
Trustly And PayWithMyBank Merge For Europe-to-US Payments
June 13, 2019  |  Partnerships / Acquisitions

European online banking payments provider Trustly has merged with Silicon Valley online banking payments company PayWithMyBank, according to a blog post by the former. The...

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EU Mobile Wallet Players, Alipay Team On QR Code Interoperability
EU Mobile Wallet Players, Alipay Team On QR Code Interoperability
June 10, 2019  |  Mobile Payments

Mobile wallet players across Europe and Alipay, the Chinese digital payment player, announced Monday (June 10) they are teaming up to promote QR code payment...

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G20 To Close Tax Loopholes For Big Tech By Next Year
G20 To Close Tax Loopholes For Big Tech By Next Year
June 10, 2019  |  Taxes

The Group of 20 finance ministers said over the weekend that they will come up with common rules to prevent tech companies from using tactics...

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European Commission Investigates Past Money Laundering Cases
European Commission Investigates Past Money Laundering Cases
June 07, 2019  |  Europe

A European Union (EU) official has revealed that the European Commission (EC) is taking a close look into past money laundering cases at EU banks...

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Alipay Merchants Triple In Europe
Alipay Merchants Triple In Europe
June 05, 2019  |  Retail

Alipay has tripled its number of merchants in Europe to “tens of thousands” in the past year. “We’re talking about tens of thousands of merchants...

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ECB Policymaker Calls Bank Consolidation ‘Desirable’
ECB Policymaker Calls Bank Consolidation ‘Desirable’
June 05, 2019  |  Europe

A European Central Bank (ECB) policymaker has called bank mergers in the EU “desirable,” but admits that it’s ultimately up to individual banks to decide...

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