Europe

Pay-At-Table Mobile App Launched In The UK
June 09, 2015

Ever gotten frustrated trying to get a waiter’s attention so you could pay for your meal and continue with your busy day? Things are about to change in the U.K. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

French Government Hopes To Speed Up NFC Use
June 03, 2015

Despite the fact that smartphones and bank cards are NFC-based and that new NFC driven apps are increasingly available, the technology remains rather marginal in France. The infrastructure is there without the interest, reports ZDNet in France. One hurdle is the fact that stores are ill-equipped, and...

Europe
EU Says Single Digital Market Good For US Tech Firms
May 29, 2015

In an attempt to reassure the Silicon Valley, the Commissioner in charge of the EU’s digital economy, Andrus Ansip, claimed yesterday in an interview with the The Wall Street Journal that the EU’s single digital market is not about protectionism, but really about opportunities. Get the...

Turkish Iyzico, the Stripe of the Region, Raises $6.2 million
May 28, 2015

Iyzico, a Turkish payment service provider for apps and e-commerce, has just raised a $6.2 million Series B, bringing up its total to $9.4 million since launched in May 2012, Techcrunch reports. The round was lead by International Finance Corporation (IFC- of the World Bank...

UK’s May Retail Sales Top Economists’ Expectations
May 27, 2015

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...

Brits Ditch Cash For Cards
May 22, 2015

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. Get...

Europe
Russian Hackers Gearing Up Wave Of International iBank Attacks
May 15, 2015

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...

25 Online Transactions Per Second Occur In France
May 14, 2015

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....

US Tech Giants Criticize EU’S New Digital Strategy
May 07, 2015

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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...