Europe


Curve integrates with Xero to automate expense reports

London-based startup Curve, a mobile app that enables users to spend from all their accounts with one card, is dangling a juicy carrot in front of small business owners and freelancers—it will handle their expense reports.

UnionPay Taps Allied Wallet for Prepaid Launch in Europe

Allied Wallet, a Los Angeles-based provider of online payment processing, is partnering with UnionPay International to issue a UnionPay-branded prepaid card, the “first ever’ partnership of its kind in Europe.

The Bancorp Sells European Prepaid Operations

The Bancorp Inc. has closed the sale of its European prepaid properties to Neptune International Ltd. The news comes amid a strong quarter for the financial holding company, which reported a net income of $8 million for the first quarter of 2017, compared with a $10.9 million net loss for the same period last year.

European Online Transaction Rule Revised after Payments Industry Complaints

After absorbing hundreds of complaints from the payments industry, the European Banking Authority will relax its pending customer authentication rules for online transactions. But given the rise in popularity of online shopping, the new threshold of 30 euros before two-factor authentication is required may not be enough to assuage industry concerns.

Investing in Innovation: Payoff ahead

We’re only six weeks into the New Year and already we’ve seen significant activity on the regulatory front in the U.S. and more to come in the U.K. and Europe. Meanwhile, many of the other trends we identified as ones to watch in our Year-in-Review report—bots, blockchain and co-opetition—have been dominating the headlines (along with some major acquisitions). Are you investing in the right places?