Europe

Cross-border Payments
London Fund Manager Singing The Brexit Blues, Loudly
July 18, 2016

Richard Buxton, a top money manager in London, is predicting the Brexit fallout to be nothing short of “horrible” in ways that the city’s Square Mile has still not managed to fully grasp, as of yet. Buxton is chief executive and head of UK equities...

Cross-border Payments
Terrorism’s Economic Impact on French Tourism
July 18, 2016

When terrorism on the scale of the Nice attack happens, it is not possible to calculate some of the harms.  The loss of life, the damaged sense of security and the uncertainty of the future are all harms that lie outside of anyone’s ability to...

Cross-border Payments
Brexit Spurs Data Privacy Problems
July 06, 2016

The EU has notoriously strict data privacy rules – email, pictures, health records – under the law all must be transferred within the trading bloc itself or with counties that promise “adequate” levels of protection. Should Britain ever get around to actually departing from the EU,...

Europe
EU, US Find Common Ground On Data Transfer Pact
June 27, 2016

Changes to strengthen the data transfer pact between the European Union and the U.S. were agreed upon late last week. Not only is the pact key to transatlantic business, but also it will include stricter rules for companies that maintain information on Europeans and propose clear...

Cross-border Payments
PYMNTS Daily Data Dive: Brexit Edition
June 23, 2016

Today is the day when Britain will decide if they should remain a part of the EU or strike out again on their own. Numbers, of course, have been flying — how much the U.K. sends to the EU each year, what the average family will pay...

Cross-border Payments
Europe A New Stomping Ground For Unicorns?
June 23, 2016

For the magical land of (sustainable) unicorns look to … the continent? The storied $1 billion valuation club, home to tech startups and other young tech firms, may find fertile ground in Europe, as a report this week from a British Investment Bank, GP Bullhound,...

Europe
Hungary May Go Hungry For Uber Soon
June 14, 2016

After months of protests, Hungary has finally passed legislation that could block Uber‘s service in the nation of 10 million. The new law essentially empowers the country’s national communications authority to block internet access to “illegal dispatcher services,” much like it blocked access to illegal...

Cross-border Payments
European Commission Approves Visa-Visa Europe Takeover
June 03, 2016

It looks like Visa and Visa Europe will be a single entity by the end of the month. The proposed takeover deal has cleared its last major hurdle with the announcement today that the European Commission has given the deal full regulatory approval. The move...

Europe
Austin Reed Can’t Find A Buyer, Will Close All 120 Stores
June 01, 2016

That another apparel retailer has bit the dust isn’t news in and of itself. A few times every week, the retail headlines can read like the obituaries, but it’s not every day that the dearly departed brands in question can claim a heritage stretching for...