Mercedes-Benz and Mastercard roll out in-car payments at the pump
Mercedes-Benz customers in Germany can now pay for fuel, digitally by fingerprint, directly from their vehicle.
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Category: Europe
NFC payments and digital ticketing to drive growth in e-commerce transactions, says report
Digital commerce transactions are forecasted to pass one trillion globally by 2024, driven by a surge in NFC payments and digital ticketing, a new study by Juniper Research has revealed.
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AfterShip partners with TikTok Shop to sync product listings for merchants
AfterShip Feed enables merchants to create product listings with automatic syncing of product details, pricing, and inventory from their e-commerce platforms to TikTok Shop.
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EU online fashion and beauty market to be worth €144 billion by 2026, says report
The EU’s online fashion & beauty market is projected reach a turnover of €144B by 2026, bolstered by C2C marketplaces offering sustainable second-hand fashion and resale options.
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UK cash payments rise for first time in a decade
Cash payments in the UK rose for the first time in a decade, last year, as consumers grapple with inflation fears and the rising cost of living.
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PayPoint launches Pay By Bank service
PayPoint has launched Pay By Bank, a new solution offering bank-to-bank transfers as a PISP to Pay-As-You-Go energy customers.
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UK retailer Co-op extends use of anti-theft ‘dummy display packaging’
UK retailer Co-op has said it is extending its trial of anti-theft, empty, ‘dummy display packaging’ to help curb bulk-shoplifting in its stores.
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Shop Circle raises $120 million in Series A funding for e-commerce tools
The round was led by 645 Ventures and 3VC, with participation from previous backers QED Investors and NfX, with the credit facility provided by i80 Group.
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Visa releases report highlighting emerging fraud schemes in retail and e-commerce
The latest Visa research into global fraud showcases a significant rise of phishing schemes through generative AI tools, and a marked increase in enumeration and ransomware.
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Adyen secures banking licence in the UK
Dutch fintech Adyen has announced that its UK branch has been granted a banking licence, giving it the status of an acquiring bank.
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Paysafe and Eightcap introduce joint Embedded Trading Wallet
Paysafe and Eightcap plan to roll out the embedded trading and digital wallet solution to shared partners in the EU later this year.
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DHL eCommerce: Out-of-home delivery grows in Europe with 100,000th access point
DHL eCommerce, the e-commerce logistics specialist of DHL Group, has reached 100,000 access points in Europe reflecting changing delivery preferences among active e-commerce shoppers.
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Open banking payments reach 11.4 million transactions in July
Open banking payments reached a record 11.4 million transactions in the UK, in July, reflecting the rapid pace at which the financial technology continues to reshape the financial and payments landscape.
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Swift releases the results of its blockchain experiments
Financial messaging system Swift has released results from a series of experiments, which, it says is evidence that its infrastructure can help the transfer of tokenised value across multiple public and private blockchains.
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ITL expands facial age recognition to Dutch retailers
Innovative Technology has partnered with Moneytronic to distribute its facial age recognition solutions to retailers in the region to support the selling of age-restricted goods such as alcohol, tobacco and vapes
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ResearchAndMarkets launches ‘Europe POS Payment Methods 2023’ report
The ‘Europe POS Payment Methods 2023’ report reveals that merchants are increasingly shifting away from traditional POS systems and embracing advanced technologies like smart POS, soft POS, and mPOS.
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Lufthansa sets ambitions for Frankfurt Airport as global e-commerce hub
Lufthansa Cargo says it said is driving forward the expansion of the e-commerce business at the airport with two subsidiaries, heyworld and CB Customs Broker GmbH.
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Swedish fintech Klarna passes 100 million European users
Klarna has reported that its GMV, or Gross Merchandise Value, grew by 14% year-on-year in Q2, outpacing e-commerce which grew by just 1% in the same period.
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Colruyt Group expands online offering with Foodbag meal boxes
European retailer Colruyt Group said it is expanding its online product range with Foodbag meal boxes as part of a new bundled pick-up service aimed at families who have kids returning to school.
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Thales debuts subscription-based digital payments service
The new Thales payShield Cloud HSM service integrates with Azure, AWS, and Google Cloud Platform for multi-cloud implementations.
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