EMEA

Commerzbank to Integrate PPI Platform, ISO 20022 for X-Border Payments
Commerzbank to Integrate PPI Platform, ISO 20022 for X-Border Payments
April 04, 2024  |  Banking

Commerzbank is updating its payments platform in Germany to execute cross-border payments. The bank will use the Swift network to process cross-border payments and the...

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Klarna Late Fees Spark Uptick in On-Time Payments
Klarna Late Fees Spark Uptick in On-Time Payments
April 04, 2024  |  Buy Now Pay Later

Klarna is reportedly sending fewer British customers to debt collectors after introducing late fees. The share of accounts in the United Kingdom using the Swedish company’s...

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ClearBank Considers US Expansion After Hitting Profitability
ClearBank Considers US Expansion After Hitting Profitability
April 04, 2024  |  Banking

Embedded banking firm ClearBank is reportedly planning to expand into Europe and the U.S. Charles McManus, the British firm’s CEO, told Bloomberg News Thursday (April...

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Scayl Raises $108 Million for FinTech Lenders
Scayl Raises $108 Million for FinTech Lenders
April 03, 2024  |  Investments

Debt financing platform Scayl has raised $108 million to lend to other European FinTech lenders. Billing itself as a “Fintech for Fintech Lenders,” Scayl said it helps...

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Sovos and PwC in Belgium Partner on eInvoicing, eReporting Solutions
Sovos and PwC in Belgium Partner on eInvoicing, eReporting Solutions
March 28, 2024  |  Partnerships

Sovos, a global tax software provider, has joined forces with PwC in Belgium to streamline the adoption of eInvoicing among businesses. This collaboration establishes a...

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UK FCA Prioritizes Digital Innovation, Fraud Prevention for 2024
UK FCA Prioritizes Digital Innovation, Fraud Prevention for 2024
March 26, 2024  |  emea

Amid a challenging economic landscape, the U.K.’s Financial Conduct Authority (FCA) has unveiled its Business Plan for the 2024-2025 fiscal year, marking the culmination of its three-year strategic roadmap.  One of...

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UK Warns Influencers Against Misleading Financial Promotions
UK Warns Influencers Against Misleading Financial Promotions
March 26, 2024  |  Regulation

The U.K.’s financial watchdog is warning social media influencers against making misleading financial services promotions. The Financial Conduct Authority (FCA) on Tuesday (March 26) issued guidelines aimed at social...

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UK Store Closures Put Spotlight on Digital Shoppers
UK Store Closures Put Spotlight on Digital Shoppers
March 26, 2024  |  Retail

One of the U.K.’s oldest retailers, Marks and Spencer (M&S) announced last week it plans to shutter 110 stores during the next five years. This...

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Navro Names PayPal Vet Colin Moss-Davies as Revenue Chief
Navro Names PayPal Vet Colin Moss-Davies as Revenue Chief
March 21, 2024  |  Personnel

British payments firm Navro has named a PayPal veteran to serve as its chief revenue officer. Colin Moss-Davies, PayPal’s former head of sales, was named to his new position...

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