europe

EU Banks Face Massive Losses On Exiting Wirecard Loans

EU Banks Face Massive Losses On Exiting Wirecard Loans
EU Banks Face Massive Losses On Exiting Wirecard Loans
July 17, 2020  |  Loans

The troubles afflicting Wirecard AG are not limited to the German payment processing company. Some European lenders say they expect to recover as little as 20...

READ MORE >
EU Ruling Limits Personal Data Transfer To The US
EU Ruling Limits Personal Data Transfer To The US
July 16, 2020  |  Data & Research

In a surprise win for privacy advocates, the European Court of Justice has ruled companies will face restrictions on storing information about European Union (EU)...

READ MORE >
Bitcoin Daily: Binance Debit Card Allows Payments In Crypto; VMware Joins DLT-Language Maker Digital Asset’s Financing Round
Bitcoin Daily: Binance Debit Card Allows Payments In Crypto; VMware Joins DLT-Language Maker Digital Asset’s...
July 14, 2020  |  Bitcoin

Blockchain firm Binance has launched the Binance Card in Europe, which lets users convert multiple cryptocurrencies to fiat to spend at more than 60 million...

READ MORE >
Today In Payments: Amazon Introduces Smart Shopping Carts; Europe Reopens, Shopping Spree Underway
Today In Payments: Amazon Introduces Smart Shopping Carts; Europe Reopens, Shopping Spree Underway
July 14, 2020  |  News

In today’s top news, Amazon introduced shopping carts that let customers skip checkout lines, and retail sales in Europe surged by nearly 18 percent. Plus,...

READ MORE >
Europe Reopens, Shopping Spree Underway
Europe Reopens, Shopping Spree Underway
July 14, 2020  |  Europe

The phrase “shop ‘til you drop” hasn’t been used for months as the world hunkered down to stop the spread of COVID-19. Get the Full...

READ MORE >
Barclaycard, SAP Team For Better B2B Functions With Smartpay
Barclaycard, SAP Team For Better B2B Functions With Smartpay
July 08, 2020  |  B2B Payments

Barclaycard Payments has extended its partnership with SAP in order to expand the availability of its payments gateway product Smartpay to more customers across Europe,...

READ MORE >
EU Awaits Launch Of Payments Network Challenger This Week
EU Awaits Launch Of Payments Network Challenger This Week
July 01, 2020  |  Cross-border Payments

A group of big European banks is planning to challenge Visa’s and Mastercard’s positions as the world’s two largest payment processing networks, Electronic Payments International...

READ MORE >
Source: German Regulators Failed To Take Action On Wirecard Red Flags
Source: German Regulators Failed To Take Action On Wirecard Red Flags
June 29, 2020  |  Bank Regulation

Numerous regulators had discussions over the years about tightening supervision on Wirecard or adding it to a list of potential subjects for more investigations, but...

READ MORE >