EMEA

Italian Antitrust Body Eliminates Payment Fees for Small Retail Transactions
Italian Antitrust Body Eliminates Payment Fees for Small Retail Transactions
July 21, 2023  |  Digital Payments

Italy’s antitrust body has approved a deal that will eliminate payment fees and softens restrictions placed on small card transactions, following a 2022 promise made...

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UK Retail Sales Rise 0.7% Amid Good Weather and Sales
UK Retail Sales Rise 0.7% Amid Good Weather and Sales
July 21, 2023  |  Retail

British consumers’ purchases rose by 0.7% in June after increasing just 0.1% in May. Month-over-month retail sales volumes in the United Kingdom increased across all...

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Bank of America: Europe’s IPO Market Will Recover Gradually
Bank of America: Europe’s IPO Market Will Recover Gradually
July 20, 2023  |  IPO

Anyone expecting a dramatic restoration of Europe’s IPO market might have to wait. That’s according to bankers at Bank of America (BofA), who told Bloomberg News in...

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Ocado CEO: U.S. Lags Behind Other Countries on eGrocery Profitability
Ocado CEO: U.S. Lags Behind Other Countries on eGrocery Profitability
July 20, 2023  |  Retail

As United States grocers look to seize on the digital shift, they may need to update their infrastructure to make eCommerce worth its while in...

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Apple and Amazon Fined $218 Million by Spain’s Antitrust Watchdog
Apple and Amazon Fined $218 Million by Spain’s Antitrust Watchdog
July 18, 2023  |  Legal

Apple and Amazon have been fined $218 million for allegedly colluding to block competition on Amazon’s Spanish website. That fine was announced Tuesday by the CNMC, Spain’s antitrust watchdog, which accuses...

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ConnexPay Expands by Debuting Payments in British Pounds and Euros
ConnexPay Expands by Debuting Payments in British Pounds and Euros
July 18, 2023  |  Commercial Payments

ConnexPay has launched British pounds and euros currencies to expand the global presence of its all-in-one platform for B2B payments. This launch serves to benefit...

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SaaS Firm Paddle Creates ‘Launchpad’ for AI Software Makers
SaaS Firm Paddle Creates ‘Launchpad’ for AI Software Makers
July 18, 2023  |  artificial intelligence

Paddle says it wants to help up-and-coming artificial intelligence (AI) firms make their mark. The British Software-as-a-Service (SaaS) payments infrastructure platform announced Tuesday (July 18) the debut of...

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Block Sues Visa and Mastercard Over Interchange Fees
Block Sues Visa and Mastercard Over Interchange Fees
July 17, 2023  |  Legal

Visa and Mastercard have been accused by Block of conspiring to inflate fees and increase retail prices paid. The antitrust lawsuit filed Friday (July 14)...

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Microsoft Facing EU Antitrust Case Over Teams/Office Bundle
Microsoft Facing EU Antitrust Case Over Teams/Office Bundle
July 17, 2023  |  ANTITRUST

Microsoft’s Teams product has reportedly made it the target of an antitrust probe in Europe. The tech giant will be formally investigated by the European...

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