europe

Embedded Finance Brings Checkout Innovation to European B2B Merchants

Embedded Finance Brings Checkout Innovation to European B2B Merchants
Embedded Finance Brings Checkout Innovation to European B2B Merchants
May 25, 2023  |  Innovation

Despite increasing innovation in the B2B space, continued reliance on manual processes and the resulting slow pace and high operating costs associated with managing receivables...

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European Commissioners Say Google CEO Agrees Voluntary AI Rules Needed
European Commissioners Say Google CEO Agrees Voluntary AI Rules Needed
May 24, 2023  |  Legal & Regulation

Two European Commission officials said Google CEO Sundar Pichai agreed there’s a need for voluntary rules around artificial intelligence (AI). EC Internal Market Commissioner Thierry Breton said...

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Moonfire Raises $115 Million for AI-Centric Early-Stage Startups
Moonfire Raises $115 Million for AI-Centric Early-Stage Startups
May 24, 2023  |  Investments

Moonfire Ventures has raised $115 million for European early-stage startups and the artificial intelligence (AI) space. The new fund is the latest in a series of examples of...

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EU Countries OK World’s First Comprehensive Crypto Rules
EU Countries OK World’s First Comprehensive Crypto Rules
May 16, 2023  |  Cryptocurrency

European Union members have given final approval to the world’s first comprehensive cryptocurrency regulations. EU finance ministers met in Brussels Tuesday (May 16) to approve the regulations,...

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Zimpler Launches Instant Cross-Border Payouts for Eurozone Countries
Zimpler Launches Instant Cross-Border Payouts for Eurozone Countries
May 15, 2023  |  Real-Time Payments

Zimpler has launched instant cross-border payouts for the 20 eurozone countries. The new account-to-account (A2A) payment solution is available for both B2C and B2B clients and...

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Europe’s 28 Million Small Businesses Get Ready for PayFac Version 2.0
Europe’s 28 Million Small Businesses Get Ready for PayFac Version 2.0
May 04, 2023  |  Digital Payments

The European region, Lynsey Verrillo, Head of Enablers and Small Business at Visa, and Marc-Alexander Christ, SumUp co-founder, told Karen Webster, is home to 28...

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CBDC Skepticism in Europe Paves Path for Tokenized Deposits
CBDC Skepticism in Europe Paves Path for Tokenized Deposits
May 03, 2023  |  CBDC

A spate of bank runs and controversies over central bank digital currencies (CBDCs) may further pave the way for tokenized deposits. The issues surrounding CBDCs...

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European Luxury Retailer Openings Jump 77% as China Sees ‘Softening’
European Luxury Retailer Openings Jump 77% as China Sees ‘Softening’
May 03, 2023  |  Retail

Luxury store openings in Europe skyrocketed last year as global travel resumed. That’s according to the latest edition of Savills’ Global Luxury Retail Outlook, which...

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