Germany

Cazoo Latest Exit Signals Trouble in Europe’s Once-Booming Used Car Market
Cazoo Latest Exit Signals Trouble in Europe’s Once-Booming Used Car Market
February 17, 2023  |  Retail

British auto marketplace Cazoo is selling its German subscription business two years after buying it.  The decision, announced in a Friday (Feb. 17) statement, comes after the online...

READ MORE >
Italy’s Mobile Wallet Use Rises, Despite Government Cash Chaos
Italy’s Mobile Wallet Use Rises, Despite Government Cash Chaos
February 14, 2023  |  Payment Methods

PYMNTS’ Q3 2022 ConnectedEconomy™ Index, “How the World Does Digital,” finds that consumers globally are increasingly incorporating digital tools, transactions and activities into their daily...

READ MORE >
Europe’s Challenger Banks Jostle For Under-18 Market Share
Europe’s Challenger Banks Jostle For Under-18 Market Share
February 13, 2023  |  Digital-First Banking

With more and more consumers embracing digital-first banks, the under-18 crowd presents the next generation of customers.  But digital banking products for minors have not...

READ MORE >
Augmented Reality Helps German Automakers Drive Future of Connected Vehicles
Augmented Reality Helps German Automakers Drive Future of Connected Vehicles
February 09, 2023  |  Connected Economy

The latest concept cars from BMW and Audi look to the future of in-car displays. Concept cars have long been a way for vehicle makers...

READ MORE >
Demand for Flexible B2B Payments Fuels EU BNPL Growth
Demand for Flexible B2B Payments Fuels EU BNPL Growth
February 03, 2023  |  BNPL

Business-to-business (B2B) payments are fueling the uptake of buy now, pay later (BNPL) in Europe. While the explosion of the BNPL concept has primarily centered...

READ MORE >
Iwoca Raises New Finance to Fund UK and German Businesses
Iwoca Raises New Finance to Fund UK and German Businesses
February 02, 2023  |  SMBs

Embedded lending firm iwoca has raised new finance to meet a rising level of demand. The firm has increased its funding line from £125 million...

READ MORE >
Authorities Infiltrate and Shut Down Ransomware Group That Took $100M 
Authorities Infiltrate and Shut Down Ransomware Group That Took $100M 
January 26, 2023  |  Security & Fraud

A global ransomware group has been shut down by American, German and Dutch authorities. The U.S. Justice Department said in a Thursday (Jan. 26) press...

READ MORE >
FINN Launches B2B Car Subscription Service in US 
FINN Launches B2B Car Subscription Service in US 
January 26, 2023  |  Subscription Commerce

FINN has launched its car subscription service for businesses in the United States. This business-to-business (B2B) service, which is already offered in Germany, allows businesses...

READ MORE >
Surveillance Firm Hawk AI Raises $17M as Financial Crimes Grow
Surveillance Firm Hawk AI Raises $17M as Financial Crimes Grow
January 26, 2023  |  Security & Fraud

Hawk AI has raised $17 million to boost its fraud prevention and anti-money laundering efforts. The Munich company announced the Series B on Thursday (Jan. 26), saying...

READ MORE >