To everyone’s surprise, sales in the U.K. have boomed in May and are expected to hit their highest level in more than 26 years in June, according to Reuters. Retailers’ overall assessment of the business situation improved to +20, the highest since last August and up...
2014 marks the first time that U.K. “non-cash” payments outnumbered cash payments, in a total of 18 billion transactions. In its report, the U.K. Payments Council analyzed how cash was used by consumers in 2014 and how it could evolve in the next 10 years. All...
According to the experts at root9B – a cybersecurity firm populated by former State Department and Defense Department workers – an alleged Russian cybercrime gang is gearing up for a major attack on U.S. banking institutions. The group has been known under such names as...
According to Le Journal du net, France’s online sales have increased 13.7 percent between the first trimesters of 2014 and 2015, reaching a total of €15.2 billion (roughly $17.3 billion) worth of sales- almost €2 billion (roughly $2.23 billion) more in comparison to last year....
As soon as the European Commission officially launched its new and repeatedly leaked plan for a single digital market, U.S. tech giants raised red flags. “Imposing regulator barriers would be a grave mistake for Europe, and would have harmful effects on trans-Atlantic trade and investment,” Dean Garfield,...
Babies are good for business – though that probably shouldn’t be the first compliment one delivers to a new mother. Babies are also adorable and that is probably the right place to start. However while any individual baby may or may not actually be adorable,...
Visa’s 60 million users based in the U.K. will be able to use Visa’s V.me “digital mobile” services by June, making it easier and quicker to shop online, according to the Financial Times. V.me, launched by Visa in 2012, allows its users to store payment...
With an eye toward sparking innovation, Visa Europe has opened a new hub. Late last week, the payment services cooperative launched Visa Europe Collab, an international innovation hub that supports startups and entrepreneurs in the development and creation of new technologies in the payments space....
Earlier this week, we reported that Google is gearing up for a potential anti-trust fight with the European Union. As it turns out, Google may not be alone. Apple, Amazon, Uber, Netflix – name a dominant tech firm, and odds are regulators in Brussels are...