EMEA

British Payment Regulator Calls for Cross-Border Card Fee Cap
British Payment Regulator Calls for Cross-Border Card Fee Cap
December 13, 2023  |  Legal & Regulation

Visa and Mastercard are under pressure to cap cross-border merchant fees in the U.K. The Payment Systems Regulator (PSR) on Wednesday (Dec. 13) published an update to its review of cross-border...

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Big Tech Campaigns for ‘Open Digital Ecosystems’ in Europe
Big Tech Campaigns for ‘Open Digital Ecosystems’ in Europe
December 13, 2023  |  Big Tech

Google, Meta and other tech firms are lobbying for open digital ecosystems in Europe. The two companies are part of the seven-member Coalition for Open...

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FCA CEO Says UK Rules Already Address Challenges of AI
FCA CEO Says UK Rules Already Address Challenges of AI
December 12, 2023  |  Artificial Intelligence

The Financial Conduct Authority (FCA) in the United Kingdom said Tuesday (Dec. 12) that the country already has a robust framework in place to tackle...

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Apple Will Let Rivals Access Tap-to-Pay System
Apple Will Let Rivals Access Tap-to-Pay System
December 12, 2023  |  Mobile Commerce

Apple reportedly offered to let competitors access its tap-to-pay mobile wallet system. The agreement could mean the end of a European Union antitrust case and...

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Worldline Debuts Metaverse Shopping Hub
Worldline Debuts Metaverse Shopping Hub
December 12, 2023  |  Metaverse

Payments services provider Worldline is expanding its virtual shopping program. The French company announced Tuesday (Dec. 12) the launch of the Worldline Metaverse Shopping Hub...

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Paymentology Names Marqeta’s Jeff Parker as New CEO
Paymentology Names Marqeta’s Jeff Parker as New CEO
December 12, 2023  |  Personnel

U.K. card issuer Paymentology has named Marqeta veteran Jeff Parker as its new CEO. Parker, who stepped down as managing director of Marqeta last month, will succeed interim Co-CEOs Abe Smith...

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Ocado Doubles Down on Robotics as Grocery Delivery Competition Heats Up
Ocado Doubles Down on Robotics as Grocery Delivery Competition Heats Up
December 11, 2023  |  eCommerce

As grocers look to drive digital sales while protecting their margins, Ocado is reportedly adding more robotic arms in an effort to boost fulfillment efficiency....

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Airbnb and Klarna Expand Pay Over Time Program to UK
Airbnb and Klarna Expand Pay Over Time Program to UK
December 11, 2023  |  BNPL

Airbnb continues the phased global rollout of its Pay Over Time with Klarna option, launching it in the United Kingdom. The online marketplace for lodging...

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UK Payments FinTech SumUp Raises $307 Million 
UK Payments FinTech SumUp Raises $307 Million 
December 11, 2023  |  Fintech Investments

Payments FinTech SumUp has raised $307 million to expand its footprint and develop new services. The British company, whose products include point-of-sale card readers, announced...

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