EMEA

Western Union Grows Africa Retail Presence Via Morocco ‘Concept Store’
Western Union Grows Africa Retail Presence Via Morocco ‘Concept Store’
June 26, 2024  |  Cross-border Payments

Western Union is bringing its “concept store” concept to Africa with a new outpost in Morocco. The money transfer service announced the store — its...

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Microsoft’s Teams Accused of Violating EU Antitrust Rules
Microsoft’s Teams Accused of Violating EU Antitrust Rules
June 25, 2024  |  ANTITRUST

European regulators say Microsoft’s Teams may have breached its antitrust rules through “possibly abusive” practices. The European Commission (EC) said Tuesday (June 25) that a...

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Trustly and Gr4vy Expand Payments Orchestration Partnership to Europe
Trustly and Gr4vy Expand Payments Orchestration Partnership to Europe
June 25, 2024  |  Partnerships

Payments orchestration platform Gr4vy has expanded its partnership with open banking payments firm Trustly. The extended collaboration, announced Tuesday (June 25), will bring Gr4vy’s services to Europe, and follows an...

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Commerzbank to Launch Fully Digital Credit Card Solution for Businesses
Commerzbank to Launch Fully Digital Credit Card Solution for Businesses
June 21, 2024  |  B2B Payments

Commerzbank plans to expand its credit card offering for business customers in Germany, adding a fully digital card with card management and usage features. The...

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Report: Santander and Amazon Negotiating Consumer Finance Partnership in EU
Report: Santander and Amazon Negotiating Consumer Finance Partnership in EU
June 21, 2024  |  Partnerships

Banco Santander and Amazon are reportedly close to reaching a deal in which the bank would provide financing options for Amazon shoppers across the Europe Union...

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Report: Revolut Planning Share Sale at $40 Billion Valuation
Report: Revolut Planning Share Sale at $40 Billion Valuation
June 21, 2024  |  Digital Banking

Revolut is reportedly planning a share sale and seeking a valuation that would be close to that of Lloyds Banking Group. The British FinTech is...

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Adyen and SumUp Partner on Accelerated Settlements in Europe, UK
Adyen and SumUp Partner on Accelerated Settlements in Europe, UK
June 20, 2024  |  B2B Payments

Adyen and SumUp have partnered to enable accelerated settlements for small businesses in Europe and the United Kingdom. This partnership expands the availability of SumUp’s...

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NatWest Expands Retail Banking with £2.5 Billion Sainsbury’s Acquisition
NatWest Expands Retail Banking with £2.5 Billion Sainsbury’s Acquisition
June 20, 2024  |  Acquisitions

NatWest Group, one of the largest banks in the U.K., has announced its acquisition of the banking business of Sainsbury’s, the second-largest grocer in the...

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Report: Apple Aims to Settle EU Investigation Involving Contactless Payments
Report: Apple Aims to Settle EU Investigation Involving Contactless Payments
June 18, 2024  |  Apple

Apple has reportedly made concessions to end a European Union (EU) antitrust investigation into its mobile payments system. The tech giant will give its rivals more access...

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