EMEA

EU’s Gig Worker Legislation Moves Closer to Vote After Compromises
EU’s Gig Worker Legislation Moves Closer to Vote After Compromises
March 11, 2024  |  Gig Economy

The European Union (EU) is reportedly inching closer to passing legislation on the social and labor rights of millions of gig workers within online platforms....

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HSBC Adding Bankers to Boost Startup Lending
HSBC Adding Bankers to Boost Startup Lending
March 11, 2024  |  Banking

HSBC is reportedly expanding its U.S. commercial banking operations to bolster its startup lending. Wyatt Crowell, head of U.S. commercial banking at HSBC, said in an...

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Swedish Court Fines Klarna $733,324 for Flaws in Privacy Notice
Swedish Court Fines Klarna $733,324 for Flaws in Privacy Notice
March 11, 2024  |  Regulation

Klarna has reportedly been fined 7.5 million Swedish crowns ($733,324) after a Swedish court ruled that the company violated the European Union’s (EU) General Data...

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Nexi Picks Mastercard for European Open Banking Partnership
Nexi Picks Mastercard for European Open Banking Partnership
March 11, 2024  |  Partnerships

Nexi has chosen Mastercard to help it support open banking account-based payments throughout Europe. “Through this partnership, Mastercard Open Banking will facilitate e-commerce payments across Nexi’s gateways serving merchants across...

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Report: Shein to be Subjected to DSA Rules
Report: Shein to be Subjected to DSA Rules
March 08, 2024  |  Regulation

Fast-fashion giant Shein is reportedly facing scrutiny under the European Union’s Digital Services Act (DSA). Shein will soon be designated as a company that must...

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Norway Considers Rules to Ensure Consumers Can Pay With Cash
Norway Considers Rules to Ensure Consumers Can Pay With Cash
March 08, 2024  |  Cash

The government of Norway has reportedly proposed rules designed to ensure that consumers can pay with cash. These measures are meant to ensure that those...

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NatWest to End BNPL Option Due to Lower-Than-Expected Use
NatWest to End BNPL Option Due to Lower-Than-Expected Use
March 08, 2024  |  BNPL

NatWest will end its buy now, pay later (BNPL) product May 7 due to lower-than-expected use of the offering. This move comes less than two years...

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Qonto to Acquire Regate, Add Financial Tools for Accountants
Qonto to Acquire Regate, Add Financial Tools for Accountants
March 07, 2024  |  Acquisitions

European business finance solution firm Qonto plans to acquire French FinTech company Regate. The deal is expected to close within weeks, Qonto said in a Thursday...

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Nationwide Building Society Will Acquire Virgin Money for $2.7 Billion
Nationwide Building Society Will Acquire Virgin Money for $2.7 Billion
March 07, 2024  |  Acquisitions

The U.K. bank Nationwide Building Society is set to acquire Virgin Money for $2.7 billion. The boards of the two companies reached a preliminary agreement to the deal on Thursday...

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