PYMNTS-MonitorEdge-May-2024

France

CACEIS Bank Obtains Digital Assets Service Provider Status in France
CACEIS Bank Obtains Digital Assets Service Provider Status in France
June 22, 2023  |  Banking

French banking entity CACEIS Bank has obtained Digital Assets Service Provider (PSAN) status. With this registration granted by France’s Financial Markets Authority (AMF), the bank can offer digital asset custody...

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Modulr Expands Embedded Payments Offerings to France and Spain
Modulr Expands Embedded Payments Offerings to France and Spain
June 21, 2023  |  Digital Payments

Modulr has reportedly expanded its embedded payments offerings to France and Spain. With this expansion and a layer of localization, French and Spanish firms can use...

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Binance Exits Holland and Faces Money Laundering Probe in France
Binance Exits Holland and Faces Money Laundering Probe in France
June 16, 2023  |  Cryptocurrency

Embattled cryptocurrency exchange Binance is reportedly the target of a money laundering probe in France. According to multiple published reports Friday (June 16), including one...

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Report: France’s Macron Seeks Seat at AI Table
Report: France’s Macron Seeks Seat at AI Table
June 11, 2023  |  artificial intelligence

France’s president reportedly wants to secure a place in the artificial intelligence (AI) race. As Bloomberg News reported Friday (June 9), Emmanuel Macron has met with AI...

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France to Close Tax Loophole for Airbnb and Short-Term Rentals
France to Close Tax Loophole for Airbnb and Short-Term Rentals
June 09, 2023  |  Travel Payments

France is taking steps to close a tax loophole and end the more favorable tax treatment short-term furnished rentals such as AirBnB receive compared to...

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Wearables, Mobile Wallets Are Dream Combination for French Merchants
Wearables, Mobile Wallets Are Dream Combination for French Merchants
May 29, 2023  |  Connected Economy

PYMNTS recently studied the digital transformation of 11 countries, discovering that France is a growth leader among the countries examined. Consumers in France are 10%...

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Open Banking Drives Instant, Large-Ticket Financing in Europe 
Open Banking Drives Instant, Large-Ticket Financing in Europe 
May 24, 2023  |  Buy Now Pay Later

Buoyed by changing consumer habits in the wake of the pandemic, the buy now, pay later (BNPL) financing model has exploded in recent years, with...

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Macron Invites Global Companies to ‘Choose France’
Macron Invites Global Companies to ‘Choose France’
May 14, 2023  |  International

France’s president is due to unveil billions in investments in his country by global businesses. Emmanuel Macron has invited around 200 business leaders to Versailles...

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EPI CEO Says Europe Ready for One Digital Wallet
EPI CEO Says Europe Ready for One Digital Wallet
May 08, 2023  |  Payment Methods

As regulators push for the development of instant payments, European Union countries continue to leverage preexisting economic relationships to advance faster payments across the region. ...

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