E U news and trends

U.K. SMEs’ Bad Debt Levels Soar 70 Percent
B2B Payments // July 17, 2017

New Bibby Financial Services research suggests bad SME debt in the U.K. is on the rise. Reports Friday (July 14) said the average level of bad debt among SMEs in the country spiked by 70 percent in a single year, based on a survey of...

PSR Offers Up Annual Report and Regulatory Roadmap
Regulation // July 12, 2017

The latest annual report by the Payments System Regulator, which oversees the British payments industry, debuted Thursday – and gives a nod to the competitiveness of the industry as a whole and the ways in which FinTech is changing the very nature of competition. The...

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Payworks Partners With Alipay In Europe

August 04, 2017
Payworks, a provider of point-of-sale (POS) payment infrastructure, announced news on Thursday (Aug. 3) that its payment gateway technology will be supporting the integration of Alipay, the mobile payment provider operated by Ant Financial Services Group, for mobile payment providers and Chinese consumers across the EU. In a press release, Payworks said to increase the speed […]