EMEA

UAE Proposes AI ‘Marriage’ With US
UAE Proposes AI ‘Marriage’ With US
June 04, 2024  |  Artificial Intelligence

The United Arab Emirates reportedly hopes to deepen its artificial intelligence relationship with the United States. Omar Sultan Al Olama, the UAE’s AI minister, told...

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Monzo: UK Bank Watchdog Ends Money Laundering Probe
Monzo: UK Bank Watchdog Ends Money Laundering Probe
June 04, 2024  |  Bank Regulation

The U.K.’s financial watchdog has apparently dropped a probe into Monzo’s anti-money laundering system. That’s according to an item buried deep in the neobank’s annual report issued Monday (June...

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EU Tech Investment Blossoms After Two-Year Drought
EU Tech Investment Blossoms After Two-Year Drought
June 03, 2024  |  Investments

Tech investments in Europe are reportedly in bloom after a long fallow period. This turnaround is the subject of a report Monday (June 3) by...

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Shein Begins Extending Resale Platform to Europe, Starting With France
Shein Begins Extending Resale Platform to Europe, Starting With France
June 03, 2024  |  eCommerce

Shein has begun extending its resale platform to France, the United Kingdom and Germany. The platform will be expanded in phases. It is now available...

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Neobank Bunq Looks to Court UK’s Digital Nomads
Neobank Bunq Looks to Court UK’s Digital Nomads
June 03, 2024  |  Digital Banking

Dutch neobank Bunq is reportedly aiming to return to the U.K. Founder and CEO Ali Nikham told CNBC in a report published Monday (June 3) that the company is...

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UK Neobank Monzo Marks First Profitable Year 
UK Neobank Monzo Marks First Profitable Year 
June 03, 2024  |  Digital Banking

British neobank Monzo is planning further expansion as it marks its first profitable year. The company’s annual report, released Monday (June 3), showed its profit...

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Revolut to Expand in Asia-Pacific, Build on Success in Australia
Revolut to Expand in Asia-Pacific, Build on Success in Australia
May 31, 2024  |  Digital Banking

London-based FinTech company Revolut has reportedly set its sights on the Asia-Pacific (APAC) region for its global expansion strategy. Charlie Short, head of growth at...

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TikTok Shop Puts European Plans on Hold, Concentrates on US
TikTok Shop Puts European Plans on Hold, Concentrates on US
May 31, 2024  |  Social Commerce

TikTok has reportedly decided to put its plans for expanding its eCommerce business in major European markets on hold. Instead, the ByteDance-owned social media platform...

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Mastercard and HSBC Middle East Partner on Travel Industry Payments
Mastercard and HSBC Middle East Partner on Travel Industry Payments
May 30, 2024  |  Partnerships

Mastercard and HSBC Middle East have joined forces to introduce the Mastercard Wholesale Program (MWP) in the Middle East, with a specific focus on the...

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