PYMNTS-MonitorEdge-May-2024

France

BIS and Central Banks Complete Test of Cross-Border Trading of CBDCs
BIS and Central Banks Complete Test of Cross-Border Trading of CBDCs
September 28, 2023  |  CBDC

The Bank for International Settlements (BIS) and three central banks concluded a central bank digital currency (CBDC) project. Project Mariana was developed by three BIS...

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French Startup Mistral AI Unveils Its First Generative AI Model
French Startup Mistral AI Unveils Its First Generative AI Model
September 27, 2023  |  Artificial Intelligence

French startup Mistral AI has unveiled its first generative artificial intelligence (AI) model. The company’s Mistral 7B is a “small-sized” model with 7 billion parameters,...

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Corcentric Unveils AR Management Tool in France
Corcentric Unveils AR Management Tool in France
September 07, 2023  |  Accounts Receivable

Procurement and billing solutions firm Corentric has launched its Managed Accounts Receivable (AR) solution in France to help eliminate issues that challenge AR departments. According to Xavier Pierre-Bez,...

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Pret to Expand Coffee Subscription Service to US and France
Pret to Expand Coffee Subscription Service to US and France
August 24, 2023  |  Subscription Commerce

British sandwich and coffee chain Pret A Manger is set to expand its monthly coffee subscription service to the United States and France, according to a...

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Thales Debuts Cloud-Based Payment Service
Thales Debuts Cloud-Based Payment Service
August 22, 2023  |  Payment Methods

 French multinational tech firm Thales has unveiled a tool to help customers adopt a cloud-based payments infrastructure. Announced Tuesday (Aug. 22), the Thales payShield Cloud HSM is a...

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Apple’s Ad Policy Catches Attention of French Regulator
Apple’s Ad Policy Catches Attention of French Regulator
July 25, 2023  |  Apple

Apple’s advertising practices have drawn the ire of France’s competition watchdog. The country’s Autorité de la Concurrence on Tuesday (July 25) issued a statement of objection to the iPhone maker’s...

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Mondu and Acquired.com Expand B2B BNPL in UK and Europe
Mondu and Acquired.com Expand B2B BNPL in UK and Europe
July 21, 2023  |  Buy Now Pay Later

B2B payments company Mondu has partnered with payments specialists Acquired.com. Through Acquired’s network, Mondu’s suite of B2B payment services will be available to customers across...

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Accounting Platform Dougs Raises $27 Million After Self-Funding for 8 Years
Accounting Platform Dougs Raises $27 Million After Self-Funding for 8 Years
July 05, 2023  |  Investments

After eight years of self-funding, French accounting startup Dougs has  raised its first outside financing. The company took in $27 million in its first funding round,...

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Orange to Exit Banking Business and Partner With BNP Paribas
Orange to Exit Banking Business and Partner With BNP Paribas
June 28, 2023  |  Digital Banking

French telecom Orange plans to exit the retail banking business in France and Spain. The firm, which launched Orange Bank in 2017, is in exclusive talks with BNP Paribas to have that...

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