EMEA

EU Antitrust Chief Meets With Big Tech CEOs Over Regulation and Competition Compliance
EU Antitrust Chief Meets With Big Tech CEOs Over Regulation and Competition Compliance
January 12, 2024  |  Big Tech

Margrethe Vestager, the European Union’s (EU) antitrust chief, recently met with the chief executives of tech giants Apple, Alphabet and Qualcomm.  The purpose of these meetings was to discuss regulation...

READ MORE >
Commerzbank and Global Payments Team to Help German Small Businesses
Commerzbank and Global Payments Team to Help German Small Businesses
January 11, 2024  |  Partnerships

Commerzbank and Global Payments teamed to offer digital payment solutions to German small- to medium-sized businesses (SMBs). The companies have joined to form Commerz Globalpay...

READ MORE >
Andaria Taps Mastercard to Enhance Embedded Finance Solutions
Andaria Taps Mastercard to Enhance Embedded Finance Solutions
January 10, 2024  |  B2B Payments

FinTech company Andaria has partnered with Mastercard to strengthen its embedded finance proposition. This strategic collaboration will enhance the quality of Andaria’s card and payment...

READ MORE >
Mastercard Teams With 4thWave to Tap a $7 Trillion Payments Market
Mastercard Teams With 4thWave to Tap a $7 Trillion Payments Market
January 09, 2024  |  Partnerships

Mastercard teamed with Banking-as-a-Service (BaaS) provider 4thWave to streamline B2B payment flows. The partnership targets businesses in Europe, the Middle East and Africa (EMEA), as...

READ MORE >
Carrefour-PepsiCo Spat Comes as Grocers Step Up Efforts to Manage Inflation
Carrefour-PepsiCo Spat Comes as Grocers Step Up Efforts to Manage Inflation
January 09, 2024  |  Retail

As rising food prices alienate grocery customers, merchants are beginning to throw their weight around with major food brands, if the Carrefour-PepsiCo standoff is any...

READ MORE >
Ericsson Aims to Capture Half of African Mobile Wallet Market
Ericsson Aims to Capture Half of African Mobile Wallet Market
January 09, 2024  |  Mobile Wallets

5G network maker Ericsson reportedly has big plans for Africa’s mobile wallet market. The Swedish company’s software helps power more than 400 mobile wallet accounts around the...

READ MORE >
Microsoft/OpenAI Relationship Could Face EU Probe
Microsoft/OpenAI Relationship Could Face EU Probe
January 09, 2024  |  Artificial Intelligence

European regulators are reviewing whether Microsoft’s involvement with OpenAI warrants further investigation. The European Commission (EC) revealed its interest in the ties between the companies Tuesday (Jan. 9) as...

READ MORE >
Barclays’ 2023 Layoffs Reached 5,000 as Banks Cut Back
Barclays’ 2023 Layoffs Reached 5,000 as Banks Cut Back
January 08, 2024  |  Banking

Barclays reportedly laid off about 5,000 workers in 2023 as part of a cost-cutting campaign. A spokesperson for the British bank told Reuters Monday (Jan. 8)...

READ MORE >
Battle Lines Being Drawn Between Open- and Closed-Source Goals for AI Regulation
Battle Lines Being Drawn Between Open- and Closed-Source Goals for AI Regulation
January 08, 2024  |  artificial intelligence

Artificial Intelligence (AI) systems have added a new layer to the ongoing and increasingly philosophical debate about whether open-source or proprietary systems are better for...

READ MORE >