europe

Russia Remains on SWIFT Over Fears of New Payments System
Russia Remains on SWIFT Over Fears of New Payments System
February 25, 2022  |  Cross-border Payments

The EU and the U.S. are formally signing off on sanctions against Russia in response to President Vladimir Putin’s decision to invade Ukraine, but the...

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Allegro’s 2021 eComm Growth Fueled by BNPL, Delivery Network
Allegro’s 2021 eComm Growth Fueled by BNPL, Delivery Network
February 24, 2022  |  Earnings

Allegro, one of the largest eCommerce websites in Europe, reported its revenue reached 5.35 billion Polish zloty (about $1.3 billion) last year, up nearly 34%...

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Intense Competition From Big Techs Keeps Nordic Payment Firms On Their Toes
Intense Competition From Big Techs Keeps Nordic Payment Firms On Their Toes
February 22, 2022  |  Mobile Payments

Few industries have been unaffected by the ongoing pandemic, and while some businesses have suffered greatly, others have experienced strong growth. Like many businesses operating...

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EU ‘Obstacles’ Hobble Growth, European Industrialists Say
EU ‘Obstacles’ Hobble Growth, European Industrialists Say
February 20, 2022  |  Cross-border Payments

The European single market is akin to an obstacle course, which has put several companies as also-rans as the U.S. takes the lead, Financial Times...

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EU Brings Legal Fight to WTO Over China’s Alleged Patent Infringement
EU Brings Legal Fight to WTO Over China’s Alleged Patent Infringement
February 18, 2022  |  Legal & Regulation

The European Union (EU) brought accusations against China to the World Trade Organization (WTO) on Friday (Feb. 18), alleging Beijing stopped European tech firms from...

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Report: Microsoft, Google Allegedly Use Spam Ads to Chill Competition
Report: Microsoft, Google Allegedly Use Spam Ads to Chill Competition
February 18, 2022  |  ANTITRUST

Confidential data reviewed by POLITICO has revealed gatekeeper search engines are funneling low-value ads to smaller search partners. The report alleges Alphabet’s Google and Microsoft...

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InPost Group, Vinted Partner on European eCommerce Delivery
InPost Group, Vinted Partner on European eCommerce Delivery
February 17, 2022  |  Partnerships

European eCommerce delivery provider InPost Group has signed a five-year deal with secondhand clothing eCommerce platform Vinted to become one of its shipping partners in...

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Boxy Expands Its Network of Autonomous Convenience Stores With $28M Raise
Boxy Expands Its Network of Autonomous Convenience Stores With $28M Raise
February 17, 2022  |  Investments

Autonomous convenience store startup Boxy has raised $28.4 million (25 million euros), fueling its plans to expand across its home country of France. As EU...

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US Lawmakers Propose Bill To Impose Platform Content Moderation
US Lawmakers Propose Bill To Impose Platform Content Moderation
February 16, 2022  |  Big Tech

On Wednesday, Senators Richard Blumenthal (D., Conn) and Marsha Blackburn (R., Tenn.) will introduce bipartisan legislation, dubbed the Kids Online Safety Act, aimed at holding...

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