PYMNTS-MonitorEdge-May-2024

France

Why SocGen’s B2B Marketplaces Strategy Needed FinTech
Why SocGen’s B2B Marketplaces Strategy Needed FinTech
May 03, 2023  |  Banking

Online business-to-business (B2B) marketplaces are fast growing in popularity, helping to accelerate digital payment innovation in the business space. According to a research study by...

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Carrefour Q1 Sales Up 12% Despite High Food Inflation in Most Markets
Carrefour Q1 Sales Up 12% Despite High Food Inflation in Most Markets
April 25, 2023  |  Earnings

French multinational grocery giant Carrefour detailed its latest earnings this week, highlighting a 12% increase in sales growth in the first quarter of 2023, particularly...

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On-Demand Pay Will Define the Future of Work
On-Demand Pay Will Define the Future of Work
April 20, 2023  |  Payroll

One out of four people in France find themselves in overdraft every month, generating about €7 billion ($7.6 billion) in bank overdraft fees, said Louis...

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Worldline and Credit Agricole to Create ‘Major’ French Payments Player
Worldline and Credit Agricole to Create ‘Major’ French Payments Player
April 19, 2023  |  Partnerships

Worldline has teamed with French lender Crédit Agricole to form a joint payments operation. The partnership between the two companies will “create a major player...

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Axway Acquires AdValvas to Expand B2B eInvoicing Compliance Capabilities
Axway Acquires AdValvas to Expand B2B eInvoicing Compliance Capabilities
April 19, 2023  |  Acquisitions

Axway has added new eInvoicing compliance capabilities to its B2B integration software by acquiring AdValvas. The new capabilities include embedded support for Pan-European Public Procurement...

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Amazon Enables Sellers to Add 9 European Stores
Amazon Enables Sellers to Add 9 European Stores
April 19, 2023  |  Amazon Commerce

Amazon now enables sellers to expand their business more quickly to its nine European stores. The new European Expansion Accelerator allows sellers who already sell in at least...

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Societe Generale and Lemonway Team on B2B Marketplace Effort
Societe Generale and Lemonway Team on B2B Marketplace Effort
April 11, 2023  |  B2B Payments

Societe Generale has teamed with payments firm Lemonway to help European companies launch B2B marketplaces. “Large corporates are accelerating their digital transformation, which has become vital for their...

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Mondu Launches B2B BNPL in UK, Adds Buyers in France
Mondu Launches B2B BNPL in UK, Adds Buyers in France
March 23, 2023  |  Buy Now Pay Later

Mondu has launched its B2B payment solutions in the United Kingdom. U.K. businesses can now use Mondu’s B2B buy now, pay later (BNPL) offering both...

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FinTech Circle Applies for French License and Registration to Deploy its EUROC Stablecoin
FinTech Circle Applies for French License and Registration to Deploy its EUROC Stablecoin
March 21, 2023  |  Regulation

Circle is furthering its embrace of regulation by applying for approvals in France. The digital financial technology firm has filed applications in France to become a...

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