Europe
💸 Switzerland🇨🇭: Debit cards surpass cash, becoming the primary payment method Paid Members Public
💸 Switzerland🇨🇭: Debit cards surpass cash, becoming the primary payment method According to a study by the Swiss National Bank, in 2024, approximately 35% of in-store transactions were made using debit cards, surpassing cash by 5 percentage points. In comparison, in 2017, these figures were 21% and 70%, respectively. ➡️ 18% of
⚡️United Kingdom🇬🇧: Financial subsectors prepare for DORA implementation Paid Members Public
⚡️United Kingdom🇬🇧: Financial subsectors prepare for DORA implementation The Digital Operational Resilience Act (DORA) has regulated financial institutions in Europe since January this year. Although the UK is no longer part of the EU, entities wishing to operate in the region must comply with these regulations. ➡️ In 2024, 54% of
⚡️Virgin Money🇬🇧 and Mastercard team up to enhance credit card app with open banking Paid Members Public
⚡️Virgin Money🇬🇧 and Mastercard team up to enhance credit card app with open banking 6.6 million retail and corporate customers of the British payment platform Virgin Money will be able to manage money in their credit cards and current accounts across multiple banks through the Virgin Money Credit Card
👀 United Kingdom🇬🇧: 8 out of 10 companies plan to optimize payments in 2025 Paid Members Public
👀 United Kingdom🇬🇧: 8 out of 10 companies plan to optimize payments in 2025 A study by American Express revealed that 78% of British business owners aim to improve corporate payments, and 39% will do so as part of growth strategies. ▶️ The study, titled «The Amex Trendex: B2B Payments Edition», was
⚠️ Germany 🇩🇪: Federal court limits IP blocking in the gambling sector Paid Members Public
⚠️ Germany 🇩🇪: Federal court limits IP blocking in the gambling sector Article 9 of the 2021 "State Treaty on Gambling" (GlüStV 2021) can no longer be used to force internet providers to block betting sites, even if they operate illegally. ▶️ The court ruled that, according to the liability criteria
🎉 Great plan! Uruguay 🇺🇾 partners with the U.S. 🇺🇸 and Belgium 🇧🇪 to work in emerging markets Paid Members Public
🎉 Great plan! Uruguay 🇺🇾 partners with the U.S. 🇺🇸 and Belgium 🇧🇪 to work in emerging markets To provide more low-cost products in 14 emerging markets across Africa, Asia, and Latin America, the Uruguayan fintech dLocal has partnered with Belgian Belmoney and the U.S. e-commerce platform Temu. ➡️ Belmoney leverages dLocal’s
📢 Finland 🇫🇮: a bill is introduced to end the gambling monopoly and launch a licensing model by 2027 Paid Members Public
📢 Finland 🇫🇮: a bill is introduced to end the gambling monopoly and launch a licensing model by 2027 Until now, gambling has been controlled by the state-owned operator Veikkaus, but the market could open to international operators. 💞 Who is who❓ — Veikkaus is Finland’s national betting agency. In 2017, it merged
⚡️United Kingdom 🇬🇧: FCA considers removing the £100 contactless payment limit Paid Members Public
⚡️United Kingdom 🇬🇧: FCA considers removing the £100 contactless payment limit The Financial Conduct Authority (FCA), the UK’s independent financial regulator, is exploring the possibility of easing restrictions with a proposal that includes 50 new measures aimed at enhancing consumer protection. 💡 One of the key proposals is to allow companies