EMEA

Visa and Tech5 Partner to Promote Digital ID-Based Payments
Visa and Tech5 Partner to Promote Digital ID-Based Payments
December 21, 2023  |  Digital Identity

Visa has teamed with biometrics firm TECH5 to help build “digital government ecosystems on a global scale.” The partnership will involve the two companies working to “implement digital ID-based...

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Circle Receives Asset Service Provider License in France
Circle Receives Asset Service Provider License in France
December 21, 2023  |  Cryptocurrency

USDC stablecoin issuer Circle was named a digital asset service provider (DASP) in France. The company announced the conditional approval of its new designation with...

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UK Payment Service Providers Unlikely to Challenge Reimbursement for APP Fraud
UK Payment Service Providers Unlikely to Challenge Reimbursement for APP Fraud
December 21, 2023  |  Security & Fraud

Payment service providers are reportedly unlikely to challenge the claims that victims of authorized push payment (APP) fraud make under a soon-to-be-implemented rule in the...

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Law Firm Allen & Overy Debuts AI Contract Negotiation Tool
Law Firm Allen & Overy Debuts AI Contract Negotiation Tool
December 21, 2023  |  artificial intelligence

British law firm Allen & Overy has introduced an artificial intelligence (AI)-powered contract negotiation tool. The new product, the subject of a Thursday (Dec. 21) Financial Times...

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Uber Agrees to Raise Minimum Wage for French Drivers
Uber Agrees to Raise Minimum Wage for French Drivers
December 20, 2023  |  Gig Economy

Uber and other ride-hailing companies have agreed to give their French drivers a raise. Those workers will now be eligible for 9 euros ($9.85) per trip —...

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AI Can’t Patent Inventions, UK Supreme Court Rules
AI Can’t Patent Inventions, UK Supreme Court Rules
December 20, 2023  |  Artificial Intelligence

The British court has ruled that a scientist cannot patent inventions created by an AI. The ruling by the U.K. Supreme Court is a “landmark” decision in...

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Worldpay Helps UK Music Retailer HMV Expand Payments Choice
Worldpay Helps UK Music Retailer HMV Expand Payments Choice
December 20, 2023  |  Payment Methods

British music and entertainment retailer HMV has tapped Worldpay to help it expand in Europe. HMV will use Worldpay Omnichannel — a Worldpay and FreedomPay effort — to improve its omnichannel strategy across...

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Report: Revolut Aims for $1.9 Billion in Revenue for 2023
Report: Revolut Aims for $1.9 Billion in Revenue for 2023
December 20, 2023  |  Digital Banking

British FinTech Revolut is reportedly on track to bring in $1.9 billion in revenue for the year. The startup’s monthly revenue averaged roughly $158 million in the first half...

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BNPL Finds Appeal in Wealthy Middle Eastern Countries
BNPL Finds Appeal in Wealthy Middle Eastern Countries
December 19, 2023  |  Buy Now Pay Later

There’s an old story, possibly apocryphal, where F. Scott Fitzgerald tells Ernest Hemingway: The rich are different from you and me. Replies Hemingway: “Yeah, they...

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