EMEA

UK Payments Regulator Won’t Delay Fraud Reimbursement Rules
UK Payments Regulator Won’t Delay Fraud Reimbursement Rules
June 10, 2024  |  Fraud Prevention

The UK’s payments regulator says new fraud reimbursement rules will proceed as planned. The Payment Systems Regulator told PYMNTS Monday (June 10) that it still...

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Digital Wallet Provider Curve Appoints CEO to Drive US Growth
Digital Wallet Provider Curve Appoints CEO to Drive US Growth
June 07, 2024  |  Personnel

Digital wallet provider Curve has appointed Nancy Yaffa as its USA CEO and Reeta K. Holmes as its new board member. These appointments come at...

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TymeBank Aims to Raise $100 Million to Fund South Africa Expansion
TymeBank Aims to Raise $100 Million to Fund South Africa Expansion
June 06, 2024  |  Investments

TymeBank is reportedly trying to raise at least $100 million to expand in its home country. “In South Africa, we want to be the fastest-growing...

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Meta’s AI Training Plans Targeted by EU Privacy Group
Meta’s AI Training Plans Targeted by EU Privacy Group
June 06, 2024  |  artificial intelligence

Meta’s plans for training its AI have run afoul of a European privacy group. Vienna-based NOYB — the European Center for Digital Rights —  said Thursday (June 6)...

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Apple’s Payment Practices Target of Turkish Regulatory Probe
Apple’s Payment Practices Target of Turkish Regulatory Probe
June 06, 2024  |  Regulation

Turkey is the latest country to investigate Apple’s App Store payment rules. The Turkish Competition Authority launched a probe into the contracts Apple makes with...

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Lydia Turns to Marqeta to Power Sumeria Banking App
Lydia Turns to Marqeta to Power Sumeria Banking App
June 04, 2024  |  Partnerships

Card-issuing platform Marqeta has expanded its partnership with French payments firm Lydia. This extended collaboration, announced Tuesday (June 4), will see Marqeta power Lydia’s European...

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Deutsche Bank and Bitpanda Launch Real-Time Payments for Digital Asset Trading
Deutsche Bank and Bitpanda Launch Real-Time Payments for Digital Asset Trading
June 04, 2024  |  Partnerships

Deutsche Bank and cryptocurrency broker Bitpanda have formed an expanded partnership in which the bank will provide real-time payment solutions for the incoming and outgoing...

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UAE Proposes AI ‘Marriage’ With US
UAE Proposes AI ‘Marriage’ With US
June 04, 2024  |  Artificial Intelligence

The United Arab Emirates reportedly hopes to deepen its artificial intelligence relationship with the United States. Omar Sultan Al Olama, the UAE’s AI minister, told...

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Monzo: UK Bank Watchdog Ends Money Laundering Probe
Monzo: UK Bank Watchdog Ends Money Laundering Probe
June 04, 2024  |  Bank Regulation

The U.K.’s financial watchdog has apparently dropped a probe into Monzo’s anti-money laundering system. That’s according to an item buried deep in the neobank’s annual report issued Monday (June...

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