europe

Nexi Says Digital Wallets Boost Contactless Payment Adoption in Europe

Nexi Says Digital Wallets Boost Contactless Payment Adoption in Europe
Nexi Says Digital Wallets Boost Contactless Payment Adoption in Europe
January 06, 2023  |  Mobile

Digital wallet use is increasing, earning the top spot as a preferred alternative payment method. In Europe, for example, Big Tech mobile wallets like Apple...

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No Cash Equals No Bank Robberies in Denmark
No Cash Equals No Bank Robberies in Denmark
January 04, 2023  |  Cash

Denmark recorded zero bank robberies in 2022 as it continued moving towards a cashless economy. Robbers in the Scandinavian country have moved away from bank...

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Growth of Business and Consumer Lending Slows in Eurozone
Growth of Business and Consumer Lending Slows in Eurozone
December 29, 2022  |  Europe

The growth of business and consumer lending in the eurozone slowed in November. According to the latest figures from the European Central Bank (ECB) published...

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Ukraine Economy Beats Expectations During Wartime
Ukraine Economy Beats Expectations During Wartime
December 27, 2022  |  Europe

The Ukraine economy is beating expectations nearly a year into the war. The country’s economic growth is expected to level off or even grow as...

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How Did Saudi Arabia and Kenya Dodge VC Funding Slowdown?
How Did Saudi Arabia and Kenya Dodge VC Funding Slowdown?
December 23, 2022  |  Investments

After reaching new heights in 2021, VC funding in EMEA slowed sharply in 2022. While final full-year tallies are not settled yet, data from the...

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Amazon Cautioned by European Court of Justice in Louboutin Case
Amazon Cautioned by European Court of Justice in Louboutin Case
December 22, 2022  |  Retail

The European Court of Justice has sided with luxury brand Louboutin in a lawsuit against Amazon. Reached for comment Thursday morning (Dec. 22), an Amazon...

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BIS Sets Limits on Bank Exposure to Crypto Markets
BIS Sets Limits on Bank Exposure to Crypto Markets
December 18, 2022  |  Cryptocurrency

The Bank of International Settlements has set limits on banks’ exposure to crypto markets. An official announcement from the BIS issued Friday (Dec. 16) establishes...

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B2B eCommerce Platform Fashion Cloud Raises $26.6M 
B2B eCommerce Platform Fashion Cloud Raises $26.6M 
December 15, 2022  |  eCommerce

B2B eCommerce platform Fashion Cloud has raised €25 million (about $26.6 million).  The B2B software solution for the European fashion wholesale industry said in a...

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