TSN conducted a multi-age research on knowledge and use of e-money online in Russia. Almost every respondent has knowledge about multiple payment options including e-money. The most used non-cash payment method is offline payment at kiosks, followed by payment cards and e-money. Get the Full...
The European Commission published the bi-annual 2014 Convergence Report which details Lithuania has fulfilled all the requirements to join the Eurozone and decided to propose the EU Council of Ministers meeting in late June of adoption in the country as of 1 January 2015. Get...
For the last several years, Spain has struggled to regain economic strength. However, the European nation could be nearing positive change as it works to make regulatory changes in an effort to join in on the pan-European TARGET2 Securities transformation.
European shoppers who are looking for fashion on the go can now make their purchases in 20 seconds or less using their smart phones. Fast Retailing Co.’s Comptoir des Cotonniers division has paired with Powa Technologies, a London-based app maker, to make it possible for...
UK-based processor Kalixa has acquired PXP Solutions, a 27-year-old privately held UK-based merchant processor, according to lawyers involved in the deal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The global engineering and construction company Fluor Corporation recently wrote a blog post about the success its found in Europe in terms of optimizing cash management. According to Fluor Finance Director Martin Blom, through his organization’s financial partnership with the ING Group, they have transformed...
Smartphones and tablets during the first quarter of 2014 were used to initiate 34 percent of online retail sales in the United Kingdom, with 48 percent of visits to retailers’ websites being done with smartphones and tablets, a new research report shows. Get the Full...
Taxi driver in London are mad as hell, and not going to take it anymore, according reports in Business Insider. Taxi drivers are planning to move ahead with a protest aimed at shutting down large sections of central London with traffic, congestion, noise and chaos over...
Finland is hoping to establish a real-time payments system and is looking for partners to build it with. The country’s current system “Pops” has been in place since the 1990’s and rapidly becoming obsolete, according to the Federation of Finnish Financial Services, which maintains the platform,...
