EMEA

Modulr Finance, a U.K. payments application interface provider, is providing a service level agreement for business-to-business payments that guarantees automation for high volumes of complex payments at any time.

TransferWise, one of the fintechs that have challenged old-school banking models for international transactions, is entering a new phase that adds geographies and different markets for its account alternative.

Revolut, the London-based financial technology startup that’s raised more than $86 million in venture capital, said it’s applying for a European banking license to broaden the portfolio of services it offers customers.

Messenger is one of Facebook's most requested services in the U.K. and France, making these markets ripe for the platform's new P-to-P payments capabilities. But in taking the service internationally, Facebook may also reveal its limitations.

Facebook Inc. is enabling people outside the U.S. to send money to each other via its Messenger texting app for the first time.

With talks about Brexit largely deadlocked, banks have begun putting their contingency plans into action. The focus: Frankfurt.

Telcos have long hoped to play a key role in mobile payments, and the mobile-only Orange Bank is a major push toward that goal.

New York plans to dramatically digitize its subway system, phasing out its iconic MetroCard to install contactless tap-and-go technology, bringing a dose of the 21^st century to a system that dates to 1904 but often feels even older than that.

London is battling other cities, which are trying to use the political uncertainty of the U.K.'s exit from the European Union to lure payment startups and other financial technology companies.

Fleetcor is diversifying its core fleet card business, adding digital gifting and expanding business payments technology and analytics.