In today’s top Europe, Middle East and Africa (EMEA) news, WeTransfer, the Netherlands file-sharing company, is pulling the plug for an IPO in Amsterdam due to market volatility; the EU’s privacy overseer has lent its support for additional rules on political advertising. Plus, Binance wants...
Netherlands file-sharing company WeTransfer is pulling the plug for an initial public offering (IPO) in Amsterdam due to market volatility, according to multiple media reports on Thursday (Jan. 27). The company was slated to start trading on Euronext Amsterdam (AEX) on Friday (Jan. 28) and...
Card issuer Marqeta’s payments platform is now certified in 39 countries after it added Singapore, the Philippines and Thailand, giving the company a foothold in five countries across Asia-Pacific (APAC), according to a Thursday (Jan. 27) press release. Marqeta is planning to make Singapore its...
For most consumers sending money abroad, peer-to-peer (P2P) payments are slow and costly. According to data PYMNTS gathered on cross-border remittances, of the 70% of consumers who pay a fee to send money overseas, 41% pay a percentage fee averaging 6.2%, while 28% pay a...
Like many parts of the world, Europe is trying to strengthen protections for consumer privacy. While the region’s landmark privacy law, the General Data Protection Regulation (GDPR), requires websites to ask users for permission to be tracked online, many companies make it harder to refuse...
British technology communications company Vodafone has announced that it will begin the retirement of its legacy 3G network next year as part of the company’s strategy to “improve the 4G and 5G experience for its customers.” According to the U.K.-based multinational, the repurposing of the...
When it comes to payroll and human resource (HR) administration, there is an increasing complexity in the data and information connected with each individual employee, ranging from taxes, expenses and holidays to absences, collective agreements and parental leaves. This administrative burden and complexity has created...
Deliverect, which provides a global platform to simplify online ordering, has raised €130 million ($150 million) in Series D funding, according to a press release Tuesday (Jan. 25). The funding will go towards more investments in engineering and technology advancements, expansions of its product portfolio...
In today’s top Europe, Middle East and Africa (EMEA) news, FinTech Lydia said it will take two years for France to be a top startup destination in Europe, and Spanish entrepreneurs now have access to Square. Plus, the European Union’s finance watchdog said conflicting rules...