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Do Revenues and Sales Depend on a Variety of Payment Methods?
Articles

Do Revenues and Sales Depend on a Variety of Payment Methods?

In an effort to boost sales, merchants strive to provide excellent customer experience and utmost payment flexibility. But does the variety of payment methods available on the e-commerce platform account for bigger revenues or scare customers away? We’re here to analyse a possible connection and decide whether the focus on payment variety is worth the […]

Societe Generale Sells UK and Swiss Private Banking Units to Refocus
Finance & Economics

Societe Generale Sells UK and Swiss Private Banking Units to Refocus

French banking group Societe Generale has agreed to sell its British and Swiss private banking divisions to Union Bancaire Privée for an estimated price of €900M to achieve “a streamlined, more synergetic and efficient business model”

BNP Paribas and Mistral AI Forge Banking Pact
News

BNP Paribas and Mistral AI Forge Banking Pact

French bank BNP Paribas has announced the beginning of a large-scale partnership with Mistral AI, a startup based in the same country operating in the artificial intelligence industry.

French Antitrust Regulator Reportedly Targets Nvidia
Science & Technology

French Antitrust Regulator Reportedly Targets Nvidia

The media reports that charges will be filed in France against the US developer of chips Nvidia for violating antitrust laws.

Amazon to Invest in France
News

Amazon to Invest in France

Amazon on Monday, May 13, announced plans to invest more than 1.2 billion euros ($1.3 billion) in its operations in France.

Microsoft to Invest €4 Billion in France
Science & Technology

Microsoft to Invest €4 Billion in France

Microsoft intends to invest €4 billion ($4.3 billion) to build cloud and artificial intelligence infrastructure in France.

BNP Paribas First-Quarter Profit Beats Forecasts
News

BNP Paribas First-Quarter Profit Beats Forecasts

BNP Paribas Bank on Thursday, April 25, released earnings data for the first quarter of 2024, which exceeded preliminary expectations.

Payflows Raises $26 Million
News

Payflows Raises $26 Million

French fintech company Payflows has announced that it has managed to raise $26 million in investment funds for its all-in-one platform for financial teams.

JPMorgan to Cooperate With Cartes Bancaires CB
News

JPMorgan to Cooperate With Cartes Bancaires CB

JPMorgan has become a principal member of the French payment network Cartes Bancaires CB.

France’s Inflation Rate Falls
News

France’s Inflation Rate Falls

In February, the inflation rate in France showed a slowdown to a level that is the lowest since September 2021.

France and Germany to Propose Measures for Economic Growth
Finance & Economics

France and Germany to Propose Measures for Economic Growth

French Finance Chief Bruno Le Maire said that in early March he would make proposals to German Economy Minister Robert Habeck to reduce the norms of the European Union, which, in his opinion, are a factor of negative impact on business and create obstacles to economic growth.

Credit Agricole Acquires 7% Stake in Worldline
Fintech & Ecommerce

Credit Agricole Acquires 7% Stake in Worldline

Credit Agricole announces a minority stake acquisition in Worldline expanding on their exclusive strategic long-term partnership.

HSBC Completes Sale of Its French Retail Banking Business
Finance & Economics

HSBC Completes Sale of Its French Retail Banking Business

HSBC subsidiary HSBC Continental Europe (HBCE) has completed the sale of its retail banking business in France.

French Prosecutor’s Office Investigates BNP Paribas
News

French Prosecutor’s Office Investigates BNP Paribas

In France, the prosecutor’s office is currently investigating alleged aggravated money laundering related to financial transfers made by a Cypriot brokerage company that interacted with the custodial unit BNP Paribas.

Mistral AI Plans to Raise $487 Million
Science & Technology

Mistral AI Plans to Raise $487 Million

The French startup Mistral AI, which operates in the artificial intelligence industry, intends to raise funds for about €450 million ($487 million) as part of its latest financing round.

Credit Agricole Reportedly Considers Acquiring Stake in Worldline
News

Credit Agricole Reportedly Considers Acquiring Stake in Worldline

The media reports that the French bank Credit Agricole is currently considering the possibility of acquiring a stake in a local payment processing company Worldline.