EMEA

EU Digital Chief Margrethe Vestager Says AI Act Enhances Innovation
EU Digital Chief Margrethe Vestager Says AI Act Enhances Innovation
December 29, 2023  |  Artificial Intelligence

The European Union’s (EU) competition and digital chief, Margrethe Vestager, has come forward to defend the EU’s landmark law on artificial intelligence (AI). Following criticism...

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Medius Launches AP Automation Partnership With UK VARs
Medius Launches AP Automation Partnership With UK VARs
December 28, 2023  |  B2B Payments

Accounts payable (AP) automation provider Medius has launched partnerships with several British value-added resellers (VARs). The collaborations, announced last week, involve partners that are experts in enterprise resource planning...

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Report: Israeli Tech Funding Dips Amid War but Investors Remain Committed
Report: Israeli Tech Funding Dips Amid War but Investors Remain Committed
December 28, 2023  |  Investments

Israel’s conflict with Hamas hasn’t scared off investors. Israeli tech companies raised $1.5 billion during the fourth quarter, Reuters reported Thursday (Dec. 28), citing data...

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BNP Paribas Part of French Money Laundering Probe
BNP Paribas Part of French Money Laundering Probe
December 27, 2023  |  Legal & Regulation

Prosecutors in France reportedly launched a money laundering investigation that involves BNP Paribas. The Paris prosecutor’s office is looking into allegations of “aggravated money laundering”...

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EU Nixes Provisional Agreement on Reclassification of Gig Workers
EU Nixes Provisional Agreement on Reclassification of Gig Workers
December 22, 2023  |  Gig Economy

European Union (EU) member states have rejected a provisional deal aimed at reclassifying millions of gig workers as employees. Officials from Spain, the current holder...

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Report: B2B eCommerce Platforms MaxAB and Wasoko in Merger Talks
Report: B2B eCommerce Platforms MaxAB and Wasoko in Merger Talks
December 22, 2023  |  B2B Payments

MaxAB, an Egyptian B2B eCommerce startup, and Wasoko, a Kenya-based eCommerce player, are reportedly in talks to merge their operations. The talks are ongoing and...

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Indian Cloud Kitchen Firm Kitchens@ Raises $65 Million
Indian Cloud Kitchen Firm Kitchens@ Raises $65 Million
December 22, 2023  |  Investments

Indian cloud kitchen firm Kitchens@ has secured $65 million in Series C funding from London-based emerging growth investment firm Finnest. The company will use the...

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Cybersecurity Firm WISeKey Launches Logistics Program in Spain
Cybersecurity Firm WISeKey Launches Logistics Program in Spain
December 21, 2023  |  B2B Payments

Cybersecurity firm WISeKey has integrated Spain’s Port of Algeciras into its WISeSmartContainers Consortium. “WISeSmartContainers represents a revolutionary technological platform in the transport and logistics industry,...

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Visa and Tech5 Partner to Promote Digital ID-Based Payments
Visa and Tech5 Partner to Promote Digital ID-Based Payments
December 21, 2023  |  Digital Identity

Visa has teamed with biometrics firm TECH5 to help build “digital government ecosystems on a global scale.” The partnership will involve the two companies working to “implement digital ID-based...

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