PYMNTS-MonitorEdge-May-2024

France

Europe’s Challenger Banks Jostle For Under-18 Market Share
Europe’s Challenger Banks Jostle For Under-18 Market Share
February 13, 2023  |  Digital-First Banking

With more and more consumers embracing digital-first banks, the under-18 crowd presents the next generation of customers.  But digital banking products for minors have not...

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Grocery Stores Use Robots to Meet Zillennial Demand for Delivery
Grocery Stores Use Robots to Meet Zillennial Demand for Delivery
January 23, 2023  |  Delivery

Retailers are turning to robotics to prepare for the grocery’s digital future. Most recently, French supermarket chain Carrefour, which has more than 13,000 stores across nearly...

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TikTok Joins Ranks of Tech Firms Facing EU Privacy Crackdown
TikTok Joins Ranks of Tech Firms Facing EU Privacy Crackdown
January 17, 2023  |  Regulation

A five million euro fine for privacy violations welcomes TikTok to an expensive club. It’s not the first time the Chinese company has been fined...

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EU Banks Risk Losing Customer Focus as They Reorganize
EU Banks Risk Losing Customer Focus as They Reorganize
January 10, 2023  |  Banking

Europe’s retail banking sector is battling weak consumer sentiment and the threat of loan defaults. To curb losses and adapt to a difficult consumer credit...

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Autonomous Delivery Gets Boost From Pilots in France and Germany
Autonomous Delivery Gets Boost From Pilots in France and Germany
January 10, 2023  |  Delivery

European retailers and tech companies are moving ahead with the development of autonomous delivery vehicles. While small delivery robots that stick to sidewalks have been...

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France’s Market Regulator Aims to Speed Mandatory Licensing of Crypto Services
France’s Market Regulator Aims to Speed Mandatory Licensing of Crypto Services
January 09, 2023  |  Cryptocurrency

France’s market regulator wants to accelerate the mandatory licensing of cryptocurrency service providers. Marie-Anne Barbat-Layani, the head of the Autorite des Marches Financiers (AMF), said...

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French Crypto Investors File Complaint Over Binance’s Social Media Marketing 
French Crypto Investors File Complaint Over Binance’s Social Media Marketing 
December 20, 2022  |  Cryptocurrency

Binance is facing a criminal complaint in France for its social media marketing.  Filed by crypto investors, the complaint accuses the crypto exchange of misleading...

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European Banks Pay for Anti-Money Laundering Failures
European Banks Pay for Anti-Money Laundering Failures
December 15, 2022  |  AML

A string of fines is shining a light on anti-money laundering failures at European banks. First, the U.K.’s Financial Conduct Authority (FCA) slapped Gatehouse Bank...

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2023 Budget Strengthens France’s Ability to Tax Big Tech
2023 Budget Strengthens France’s Ability to Tax Big Tech
December 12, 2022  |  Taxes

Following slow progress on international agreements, France has doubled down on its digital service tax. First announced in 2019 and implemented in 2020, the digital...

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