PYMNTS

MAY 13, 2019

Around the world, tapping is becoming a dominant payment factor quickly — excluding the U.S., In Western Europe, that figure is higher: nearly two-thirds of all transaction happen via tap. And in Canada, Central Europe, the Middle East and Africa that figure is closer to 60 percent. Visa also expects to see U.S.

US 216

US New York City Comparison New York 216

PYMNTS

NOVEMBER 2, 2018

There are people in the world who want greater access to Amazon’s huge product selection but paying for those purchases has been a real obstacle for many customers,” said Hikmet Ersek, president and CEO of Western Union said, when the news was announced. But for about for about one-third o f the world’s adult population ( 1.7

Maine 123

Maine Payments Online Marketing 123

PYMNTS

JUNE 24, 2020

percent of retail sales, Western Europe will account for 16.2 The analyst noted that there will be a sizable drop in retail sales around the world this year, especially with non-essential goods not sold via digital. The firm forecasts an overall $3.914 trillion in online shopping sales in 2020 per an announcement.

Online 237

Online Retail America National 237

PYMNTS

NOVEMBER 2, 2018

Traction with digital transactions marked Western Union ’s latest results on Wall Street, while a newly minted agreement with Amazon grabbed its share of attention on the post-release third-quarter earnings call on Thursday (Nov. Generally speaking, in terms of consolidated top- and bottom-line results, Western Union’s revenues of $1.39

America 185

America Regional Mobile Training 185

PYMNTS

OCTOBER 10, 2018

Welcome to The Axis, your look at payments news from around the world. Coverage includes The Western Union Company’s roll out of high-value digital transfers from the U.K. The Western Union Company has unveiled high-value digital transfers from the U.K. In addition, Gap Inc.

Metro 155

Metro Payments Training Cards 155

PYMNTS

JUNE 4, 2020

To fill in openings left by competitors encountering the impacts of a recession brought by the pandemic, Citigroup is aiming to bolster its commercial banking business in Europe, the Middle East and Africa (EMEA). billion, Reuters reported, with new offices and staffers in multiple Western European nations by the conclusion of this year.

Lending 130

Lending New York City New Jersey National 130

PYMNTS

MAY 11, 2017

The Western Union Company , a global payments company, announced Wednesday (May 10) that it has activated its 40th wu.com transactional website, now providing full digital access for cross-border person-to-person (P2P) money transfer services across major developed nations, including the U.S., Canada and major parts of Europe.

America 100

America Retail National Innovation 100

Chris Skinner

JUNE 26, 2017

It was exactly 50 years ago today that the world’s first ATM was unveiled at a Barclays branch in Enfield, London. It struck me there must be a way I could get my own money, anywhere in the world or the UK,” he told the BBC in 2007. “I Today, more than half of UK adults use an ATM at least once a week.

ATM 332

ATM Cards 332

PYMNTS

JANUARY 15, 2021

It’ll be a very important part of our industry in the future,” Marine Rozenfeld , innovation and development lead for western Europe at Bacardi, told FT. the numbers are down in other parts of the world, where alcohol is sold and consumed outside the home in taverns and restaurants. Although liquor sales are up in the U.S.,

social media 147

social media Branding Trends Innovation 147

PYMNTS

SEPTEMBER 29, 2020

According to a new report from Juniper Research , Western Europe is a world leader in this market and will continue to drive adoption of instant payments, according to the report.

Innovation 323

Innovation Payments cryptocurrency blockchain 323

PYMNTS

SEPTEMBER 19, 2019

Stripe is keenly interested in areas outside of North America and Western Europe, as about 5 out of 6 new users on the internet come from those other areas. Stripe said it’s going to use the funding to continue growing its product suite, extend its enterprise capabilities and continue to grow internationally. .

America 182

America Software Fintech Capital 182

PYMNTS

JULY 28, 2019

The proposed takeover could create a powerful online food delivery group across Europe. Cat Rock said in part that “a merger with a well-run industry peer is a very attractive avenue for securing world-class leadership, delivery expertise, and a premium.”. Takeaway.com holds a dominant position in Germany and eastern Europe.

Leadership 108

Leadership Online America Capital 108

PYMNTS

MAY 2, 2019

Welcome to The Axis, your late look at payments news from around the world. shops on a famed shopping street in London are tapping into WeChat Pay as well as Alipay and Western Union bringing its suite of products to small and medium-sized businesses (SMBs) in Ireland. PaySend , a U.K. In other U.K.

Payments 115

Payments Cards Customer Experience Report 115

PYMNTS

AUGUST 29, 2018

The Xoom-Ria deal allows Xoom to “grow [its] global footprint and significantly expand [its] services in the African diaspora and across Eastern Europe,” said Julian King, Xoom’s vice president and general manager. The increases were driven “by growth in Europe, the Russian Federation, and the United States,” the World Bank said.

United States 100

United States Maine Course Marketing 100

PYMNTS

APRIL 21, 2020

assistance program to help Western Europe following World War II. Europe’s travel industry could plummet as much as 70 percent and it could be the slowest sector to recuperate in the 27-nation bloc, Breton told a European Parliament committee via video link on Tuesday (April 21), according to a Talking Points Memo report.

Video 130

Video Industry Meeting National 130

PYMNTS

JANUARY 13, 2020

Yandex, a Russian technology giant and car-sharing company, plans to expand its car-sharing offerings into Europe as other companies in the space retreat, according to a report by the Financial Times. The company says it is the largest car-sharing organization in the world, with 21,000 cars in Russia.

Marketing 106

Marketing America Operations Company 106

PYMNTS

FEBRUARY 24, 2016

Western Union is being questioned by the European Union’s antitrust regulators in relation to allegations that it conspired with banks to push its rivals out of the money-transfer market. Specifically in Europe, smaller remittance firms rely on banks for their services to handle their money.

Marketing 100

Marketing Fraud Regulation Company 100

PYMNTS

APRIL 28, 2017

Ingenico Group looks to leverage SST’s knowledge of the local market and relationships with Ukrainian banks, as well as the unit’s position as a software development service provider to Ingenico in Eastern Europe, as a means to build out its presence in the region. The amount of cash spent each year in Europe is expected to grow from $1.3

Groups 100

Groups United States Regional Software 100

PYMNTS

AUGUST 29, 2018

Our ambition is to expand our supply chain ability to the whole world — to connect any brand, any goods and any consumer globally,” Liu said in an interview. He noted that JD.com is setting its sights on affluent consumers residing in Europe and the U.S. The moves come a few months after Google paid $550 million for a stake in JD.com.

Google 100

Google social media Maine Operations 100

PYMNTS

DECEMBER 4, 2018

Chief financial officers at some of the world’s biggest banks and mortgage companies are in the crosshairs of a hacker group that compiled a list of 35,000 CFOs that they can target with requests to transfer money. Agari found the list, which has 50,000 targets. More than half of the targets were in the U.S.

Groups 116

Groups Report Data Company 116

PYMNTS

JULY 15, 2019

PayPal said on Monday (July 15) that it is launching Xoom, its international digital money transfer service, in the United Kingdom and 31 markets spanning Europe. As King recounted to PYMNTS, “If you roll back the clock 20 years, 100 percent of transactions originated in cash – meaning someone walked into a Western Union.

Course 201

Course United States Marketing Examples 201

PYMNTS

JULY 11, 2018

. “Throughout her career, Van Dyke has proven that financial services and technology, when working together, can dramatically improve the lives of people, businesses and communities all around the world,” said Ripple. “There is a reason you have only a handful of major money transfer operators in the world today. .

Leadership 102

Leadership blockchain America Compliance 102

PYMNTS

NOVEMBER 16, 2020

In Asia, key markets include Hong Kong and Singapore, two of the world's largest FX powerhouses. There was an element of trust that was difficult to build, at the beginning,” said Theaud, highlighting this hurdle as a key difference between Asian markets and Western markets like Europe or the U.S.

Meeting 141

Meeting Fintech Regional Marketing 141

PYMNTS

JULY 6, 2017

E-Commerce is the name of the game here, and with a daily transaction processing tally of more than 31 million mobile/bricks-and-mortar transactions, Worldpay is positioned to give Vantiv some torque right off the bat in Europe. And Europe, as you might guess, is an attractive market in which to have some torque when it comes to eCommerce.

Payments 103

Payments Trends Regional America 103

PYMNTS

JULY 3, 2018

’s Tesco , Europe’s largest grocer groups, are forming a global purchasing alliance that would enable them to obtain better terms with suppliers and reduce costs for end customers. Two supermarket conglomerates are teaming up and combining their leverage to get better payment terms from their suppliers.

Retail 100

Retail Marketing Strategy Report 100

PYMNTS

JULY 6, 2020

from Western Europe annually, per Statista. Other polls show that roughly 46 percent of consumers see themselves dining out less in a post-pandemic world. There will be at least some headwinds in place, we note, for travel and leisure, because, for example, the U.K. has put the U.S. The pinch runs both ways. Tightened Purses.

US 196

US Course Retail Report 196

PYMNTS

SEPTEMBER 2, 2016

IDC, which provides market forecasts for technology companies across the world, says that one of the reasons for the significant deceleration is the saturation of devices in developed markets (U.S., Canada, Japan and Western Europe).

Marketing 102

Marketing Samsung Apple Mobile 102

PYMNTS

JUNE 28, 2017

The space changed when Barclays Bank announced the launch of the world’s first ATM machine which could dispense up to ten £1 pound notes in exchange for a bank-issued voucher. and other countries around the world, there’s no denying the age-old payment method is facing growing competition from alternate payment methods.

ATM 100

ATM Cards Payments Marketing 100

PYMNTS

FEBRUARY 7, 2017

China saw more than half of the world’s FinTech investments in the first nine months of 2016, the bank noted. China Comes Out On Top… “2016 was the year when the Chinese FinTech dragons roared, and some previously feted Western FinTech leaders wilted,” Citi declared in the report’s introduction. and Europe. and Europe.

Fintech 100

Fintech US Capital Lending 100

NCR

NOVEMBER 13, 2017

Indeed, the UK, has become a world leader in the use of contactless, while the Nordics region is often cited as a strong example of how digital payments are changing the way people make transactions towards cashless. Does all this mean the future for cash in Europe is bleak? Not necessarily. Cashless economies not yet an option.

ATM 69

ATM Examples Payments Regional 69

NCR

OCTOBER 6, 2016

In some parts of the world, the myth is that cash is going to be displaced as the primary payment method for consumers. Cash use across Western Europe. A good example of the importance of cash to consumers is in Europe, where the use of cash in Western Europe at least seems to be relatively consistent.

ATM 103

ATM Cards National Payments 103

PYMNTS

DECEMBER 20, 2017

That’s the sixth-highest cash share of countries in Western Europe, higher than that of neighboring nations like Belgium (15.4 In the 20th century, Germany faced repeated economic meltdown thanks to hyperinflation, reparations from World War I and the economic and military devastation following its defeat in 1945.

Data 115

Data Analysis ATM Cards 115

PYMNTS

OCTOBER 14, 2016

He told PYMNTS about the regulatory and economic climates of Spain and LATAM that promote opportunity for the invoice financing world. percent of the total value of receivables being paid late (above the regional average across Western Europe). Late Payments. Regulatory Climate. In the U.S.,

America 100

America Regulation Regional Capital 100

PYMNTS

OCTOBER 23, 2018

eCommerce ready to take on the World?” Looking globally around the world, eCommerce in other nations has fallen not too far behind the U.S.,” It’s imperative, for example, to know that Alipay and WeChat Pay are gaining huge traction in China, while in Europe the bank transfer method prevails, as evidenced by iDEAL in the Netherlands.

Payments 164

Payments Regional Online America 164

PYMNTS

FEBRUARY 16, 2017

. “ Global Corporate Banking 2016: The Next-Generation Corporate Bank ” found that less than a third of corporate banking divisions across North America and Asia, and less than half in Europe, experienced “positive and growing economic profit” between 2013 and 2015. ” Positive Developments, New Opportunities.

Survey 109

Survey Regional America Boston 109

PYMNTS

MARCH 26, 2018

Europe is an epicenter for both regulatory shifts and FinTech innovation. One of the things that is very interesting for me, as a VAT specialist, is seeing how the use of eInvoicing is becoming much more common in Europe and Asia Pacific – and is becoming mandatory in a few locations,” she recently told PYMNTS.

Taxes 102

Taxes Fraud Compliance Regulation 102

PYMNTS

JUNE 22, 2020

Card penetration in South America is still relatively low and consumers have a stronger preference for cash compared to North America and Western Europe. … obviously, 10 years ago, those weren’t something that we needed to consider, so I think the world is changing. It’s changing really quickly,” said Gaines.

Strategy 230

Strategy Payments America Examples 230