PYMNTS-MonitorEdge-May-2024

France

Two-Thirds of Digital Wallet Users in France Use Them for Everything but Payments
Two-Thirds of Digital Wallet Users in France Use Them for Everything but Payments
November 22, 2024  |  Mobile Wallets

Digital wallets are becoming essential tools for French consumers, especially as the country embraces the convenience of mobile payment solutions. In the past year, 38%...

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Jump Raises $12.2 Million to Grow Platform for French Freelancers
Jump Raises $12.2 Million to Grow Platform for French Freelancers
September 23, 2024  |  Investments

Jump has raised 11 million euros (about $12.2 million) to grow its platform that provides French freelancers with some of the benefits associated with traditional...

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France Keeps Mobile Wallets Ready for Post-Olympic Events
France Keeps Mobile Wallets Ready for Post-Olympic Events
August 14, 2024  |  Digital Payments

Consumers in France are embracing digital wallets for payments. For example, more than one-third (38%) use them for online shopping. Surprisingly, we find millennials in...

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Scammers Target Olympic Venue With Ransomware Attack
Scammers Target Olympic Venue With Ransomware Attack
August 06, 2024  |  Security & Fraud

French police are reportedly investigating a ransomware attack at a Paris Olympic venue. The attack, the subject of a Tuesday (Aug. 6) report by Reuters, is the...

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France Suffers Attack on Broadband Services Amid Olympic Games
France Suffers Attack on Broadband Services Amid Olympic Games
July 29, 2024  |  Security & Fraud

Amid a worldwide data breach surge, France is dealing with an older-school type of cyberattack. As Bloomberg News reported Monday (July 29), vandals have cut...

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Square Brings Tap to Pay to Merchants in France
Square Brings Tap to Pay to Merchants in France
July 09, 2024  |  Mobile Payments

Square has begun offering Tap to Pay on iPhone to merchants in France. The new offering, announced Tuesday (July 9), lets businesses use an iPhone to accept in-person...

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How the World Does Digital: France’s Gen Zers Tops Digital Engagement Country Rankings
How the World Does Digital: France’s Gen Zers Tops Digital Engagement Country Rankings
July 08, 2024  |  Connected Economy

Although France checks in seventh — the first country below the median — in the recently released landmark report by PYMNTS Intelligence, “How the World...

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Global AI Regulation Heats Up: France Targets Nvidia, California Proposes Safety Rules and US Senators Challenge FCC on Political Ads
Global AI Regulation Heats Up: France Targets Nvidia, California Proposes Safety Rules and US Senators...
July 02, 2024  |  artificial intelligence

Governments and regulators worldwide are scrambling to address the rapid rise of artificial intelligence (AI) technology. From France’s antitrust investigation into Nvidia to California’s new...

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Mistral’s $640 Million Funding Round Fuels Europe’s AI Ambitions
Mistral’s $640 Million Funding Round Fuels Europe’s AI Ambitions
June 12, 2024  |  Artificial Intelligence

Mistral AI, a Paris-based artificial intelligence startup, raised $640 million in a Series B funding round led by General Catalyst, propelling its valuation to $6...

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