Europe

BofA Merrill Boosts Global Cards
November 05, 2014

Bank of America Merrill Lynch has added some significant new global features for its B2B cards, including expanded country footprints (adding Guatemala and Turkey), real-time account management and integrated global data consolidation in Hong Kong and India, additional B2B payment options in 27 more countries...

Judge cuts $800 M In Visa Card-Fee Liability Case
November 03, 2014

The legal battle between Visa and its former European unit against U.K. retailers over $800 million in card fees has landed in favor of Visa, according to Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Tungsten Brings Its E-Invoice Platform To Qatar
October 22, 2014

The Tungsten Network, a global e-Invoicing platform built on OB10, now enables customers to send and receive electronic invoices that qualify as a legal invoice in Qatar. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Europe
New British Regulator Taking A Close Look At Visa and MasterCard
October 15, 2014

Going forward in the U.K. Visa and Master Card will be directly overseen by the Payment Systems Regulator (PSR). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Europe
Sweden Is Nearly Cashless
October 14, 2014

Swedes are increasingly drifting away from cash, according to a new report released by the Swedish Federation of Trade (Svensk Handel). ) with four out of five purchases in Sweden made electronically (either by debit or credit). Get the Full Story Complete the form to...

Europe
Estonian National ID Cards Embrace Electronic Payment Capabilities
October 14, 2014

The Baltic country Estonia — about the population of Dallas, Texas  — embraces a niche in the payment world with its use of national identity cards that offer capabilities to access banking services, conduct government services, among other non-traditional payment features. Get the Full Story Complete...

Europe
MasterCard Stays The Course On Russia
October 14, 2014

After initial signs that MasterCard might resist new rules, which required billions of dollars of security deposits, the card brand has now agreed to continue operating in Russia and to give in to new rules set by the Central Bank of Russia, according to a...

Alternative Finances
U.K. P2P Invoice Broker MarketInvoice To Reach Into Europe
October 10, 2014

U.K.-based P2P trade-finance platform MarketInvoice is expanding into Europe and reaching out to retail investors, according to Global Trade Review. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

New Cyber Attacks On Euro ATMs
October 09, 2014

A new very sophisticated set of attacks on European ATMs—using malware that has now spread to U.S. ATMs—involves knowing the time of day when the ATM malware is expecting instructions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...