More than 60 countries globally have adopted or are in the process of developing a national or regional real-time payments scheme, according to a recent PYMNTS study on instant payments. In Europe, for example, the use of instant payments has grown significantly in recent years,...
The Czech Republic is creating a venture capital fund to back artificial intelligence (AI) research. The $58 million government-backed fund, set to be managed by the European Investment Fund is a “pilot” project, the Czech ministry of industry and trade told Sifted Wednesday (March 1)....
Real-time payments are quickly becoming ubiquitous in developed nations worldwide, with businesses and consumers relying on this payment method in ever-growing numbers. A PYMNTS study found that 86% of businesses generating between $500 million to $1 billion in annual revenue leverage real-time payments, for example,...
This week, the EU parliament approved two landmark bills that will regulate online platforms, the Digital Markets Act and the Digital Services Act — but this didn’t stop regulators from opening new antitrust probes against Amazon and Delivery Hero. The European Central Bank urged national...
March 01, 2023
Real-time payments are quickly becoming ubiquitous in developed nations worldwide, with businesses and consumers relying on this payment method in ever-growing numbers. A PYMNTS study found that 86% of businesses generating between $500 million to $1 billion in annual revenue leverage real-time payments, for example, reporting improved cash flow management capabilities and greater transparency in […]
March 30, 2023
Polish eCommerce platform Allegro plans to launch its third-party marketplace in the Czech Republic this year. That will be the first step in the firm’s plan to expand its marketplace model internationally, having shown in the Polish market that it can deliver both value and convenience, Allegro said in a Thursday (March 30) earnings release. […]
March 01, 2023
The Czech Republic is creating a venture capital fund to back artificial intelligence (AI) research. The $58 million government-backed fund, set to be managed by the European Investment Fund is...
May 20, 2019
Czech Prime Minister Andrej Babis has proposed a national development fund to help invest in social issues, digitization of the economy, education and transportation, according to a report by Reuters....
April 16, 2019
Wirecard, the digital financial technology company, announced Tuesday (April 16) it is expanding its partnership with O2 Czech Republic, the largest telecommunications player in the Czech market. In a press...
