EMEA

Klarna Adds Open Banking for UK Customers
Klarna Adds Open Banking for UK Customers
March 14, 2024  |  Banking

Swedish payments FinTech Klarna is now offering open banking-powered settlements in the U.K.  “The launch means consumers can now pay Klarna directly from their bank account instead of...

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EC Deepens Investigation of AliExpress Compliance With Digital Services Act
EC Deepens Investigation of AliExpress Compliance With Digital Services Act
March 14, 2024  |  Regulation

The European Commission (EC) has opened formal proceedings to determine whether AliExpress breached requirements of the Digital Services Act. The probe will look at the...

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Deliveroo Looks Past Food Following First-Ever Profit
Deliveroo Looks Past Food Following First-Ever Profit
March 14, 2024  |  Earnings

Deliveroo has logged its first-ever profit as it continues pushing past its restaurant roots. The British company on Thursday (March 14) announced earnings of 85 million pounds ($109...

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5 Things You Should Know About the New EU AI Regulation
5 Things You Should Know About the New EU AI Regulation
March 13, 2024  |  Artificial Intelligence

European Union (EU) lawmakers on Wednesday (March 13) passed a groundbreaking law on artificial intelligence (AI), setting a precedent that surpasses the U.S. in AI regulation. The...

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State of the Payment Scam: Banks Battling APP Fraud
State of the Payment Scam: Banks Battling APP Fraud
March 13, 2024  |  Security & Fraud

The world’s cybercriminals all share one thing in common: they understand people can be exploited. After all, people make mistakes. They fall for scams, and...

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PayPal Ventures-Backed PPRO Raises $93 Million for Local Payments Platform
PayPal Ventures-Backed PPRO Raises $93 Million for Local Payments Platform
March 13, 2024  |  Investments

PPRO has raised 85 million euros ($93 million) to expand and enhance its local payments platform. The company will use the new funding to grow...

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Tide to Launch Financial Platform for Small Businesses in Germany
Tide to Launch Financial Platform for Small Businesses in Germany
March 12, 2024  |  SMBs

Tide will launch its business financial platform in Germany, aiming to serve small businesses in Europe’s largest economy.  Already available in the United Kingdom and...

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Cash Secures Future as Lawmakers Prioritize Inclusive Payment Methods
Cash Secures Future as Lawmakers Prioritize Inclusive Payment Methods
March 12, 2024  |  Cash

The recent move by Norway to enact rules ensuring consumers’ ability to pay with cash reflects a growing concern over the potential exclusion of certain...

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UK Wants to Turn Faster Payments Into Four-Day Payments
UK Wants to Turn Faster Payments Into Four-Day Payments
March 12, 2024  |  Fraud Prevention

When it comes to innovation, the United Kingdom can find itself on a literal island. And the kingdom’s latest regulatory push, one that is targeting...

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