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Revenue growth in its merchant payments business is expected to be tepid in the foreseeable future. The Minneapolis company says it is looking to ramp up innovation to stay competitive in a business that has been upended by fintech firms and online shopping.
July 19
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PayPal and Visa are extending their strategic agreement to Europe with a deal enabling PayPal to offer Visa debit accounts in Europe, expanding the locations where PayPal’s European consumer and business customers may make purchases with PayPal funds.
July 18
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Information sharing is about to get much different in Europe, giving bank alternatives such as Klarna more to work with as they compete against the financial services establishment.
July 12
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Wirecard's going after a big market. More than 2 million Chinese tourists visit Europe annually, spending on average about US$3,400 each.
July 10
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After two years of getting its footing in the U.S. and South American markets, Poynt is ready to expand into Europe.
June 29
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Visa said its investment in Klarna will advance online and mobile commerce across Europe, but there are broader implications for other markets and consumer groups.
June 28
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The company has added six new markets in Europe, where it has already established a beachhead for its e-commerce technology.
June 23
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In the race between China’s two leading mobile wallets—Alibaba’s Alipay and Tencent’s WeChat Pay—to expand their users and merchants around the world, WeChat Pay is drawing even in Europe.
June 15
