Despite Europe’s reputation as a tech laggard, a cadre of companies is making big bets on artificial intelligence (AI). While the region has been slow to embrace AI in critical sectors like healthcare and government, according to a recent European Parliamentary Research Service study, these firms...
Thursday (May 2) will see Apple announce its latest quarterly earnings results. Amid the volatility of hardware sales that springs to mind, there may be signs of pressure as the tech giant seeks to expand its ecosystem. Some of what we might term the company’s “core” or “bread and butter”...
In the last 30 years, Europe — defined here as the EU plus the U.K., Norway and Switzerland — has created few leading digital businesses compared to the U.S. and China. This long digital winter is symptomatic of underlying problems that are behind persistent gaps...
The first payment in the ISO 20022 message format on the CHIPS network was completed by Japanese financial institution MUFG Bank and European financial institution Crédit Agricole Corporate & Investment Bank, The Clearing House said in a Wednesday (April 17) press release. “We congratulate Crédit Agricole Corporate & Investment Bank and MUFG for completing...
March 28, 2024
European middle-market firms have the second-highest need for working capital solutions. That’s according to “The 2023-2024 Growth Corporates Working Capital Index: Europe Edition,” a PYMNTS Intelligence and Visa collaboration that looked at the working capital needs of growth corporates, or middle-market organizations generating annual revenues between $50 million and $1 billion. The five regions included […]
February 21, 2024
In Europe, a central bank digital currency (CBDC) has inched closer to reality, by virtue of a vote. As a result, the United States may have to play a bit...
February 20, 2024
Access to working capital enables all types of companies to avoid operational disturbances in the short term and to power growth for the long term. In Europe, 79% of Growth...
October 17, 2023
Accessing working capital solutions is crucial for growth corporates — often referred to as middle market firms — around the world. However, the choices available to companies vary depending on...
April 29, 2024
Thursday (May 2) will see Apple announce its latest quarterly earnings results. Amid the volatility of hardware sales that springs to mind, there may be signs of pressure as the tech giant seeks to expand its ecosystem. Some of what we might term the company’s “core” or “bread and butter” top-line contributors, through apps and iPhones, as well as tougher sledding in […]
April 17, 2024
The first payment in the ISO 20022 message format on the CHIPS network was completed by Japanese financial institution MUFG Bank and European financial institution Crédit Agricole Corporate & Investment Bank, The Clearing House said in a Wednesday...
April 12, 2024
European neobank Bunq’s shareholders signed a commitment letter in March to provide 29 million euros (about $31 million) of capital to finance the company’s growth. The new commitment followed the majority...
April 03, 2024
Debt financing platform Scayl has raised $108 million to lend to other European FinTech lenders. Billing itself as a “Fintech for Fintech Lenders,” Scayl said it helps clients fund their loan books...
