europe

European Mobility Platform Bolt Notches €100M Investment

European Mobility Platform Bolt Notches €100M Investment
European Mobility Platform Bolt Notches €100M Investment
May 26, 2020  |  Investments

With funding that will help keep growing its product categories from ridesharing to food delivery and micro-mobility in Africa as well as Europe, Bolt closed...

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Europeans Save Less, Spend More As Economy Lags
Europeans Save Less, Spend More As Economy Lags
May 25, 2020  |  Consumer Finance

European consumers are stockpiling savings as a way to be prudent during the pandemic, but that isn’t having a positive effect on the country’s lagging...

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Coronavirus Refunds: Air France-KLM Lets Travelers Get Reimbursements
Coronavirus Refunds: Air France-KLM Lets Travelers Get Reimbursements
May 18, 2020  |  Coronavirus

As the coronavirus pandemic continues to disrupt everyday life the world over, many consumers want refunds on things they paid for but aren’t able to...

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European Economic Collapse May Rival Great Depression
European Economic Collapse May Rival Great Depression
May 06, 2020  |  Economy

The European Union’s economy is on track to contract by 7.4 percent this year — shrinking at a higher rate than during the Great Recession...

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Mastercard Selects New President For European Operations
Mastercard Selects New President For European Operations
May 04, 2020  |  Mastercard

Mastercard has appointed Mark Barnett as president of its European business headquartered in Brussels. He will be tasked with developing strategy, direction and comprehensive success...

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How Fashion eCommerce Payments Can Be Designed For Cross-Border Appeal
How Fashion eCommerce Payments Can Be Designed For Cross-Border Appeal
April 30, 2020  |  Payments Powering the Platform Economy

When it comes to appeasing cross-border shoppers, a one-size-fits-all approach can fall short. Winning over customers worldwide requires merchants to offer a secure, localized payment...

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JPMorgan, Other Big Banks Front-Load $66B To Cover Bad Loans
JPMorgan, Other Big Banks Front-Load $66B To Cover Bad Loans
April 30, 2020  |  Loans

JPMorgan Chase was the biggest saver of funds in an effort by banks around the world to get ahead of a spate of bad loans...

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US Lenders Cautious About Making European Loans Amid Pandemic
US Lenders Cautious About Making European Loans Amid Pandemic
April 26, 2020  |  Loans

Banks in the U.S. are taking a cautious approach when it comes to extending loans to businesses in Europe, according to the Financial Times. Get...

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EU Says Tourism Sector Could Slide 70 Pct. From COVID-19
EU Says Tourism Sector Could Slide 70 Pct. From COVID-19
April 21, 2020  |  International

Europe’s $849 billion annual tourist industry is taking a beating as visitors heed stay-at-home orders around the globe amid the COVID-19 pandemic. Get the Full...

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