EMEA

J.P. Morgan Payments Processes Record Number of Transactions in Europe
J.P. Morgan Payments Processes Record Number of Transactions in Europe
December 08, 2023  |  Payment Methods

J.P. Morgan Payments processed a record number of card-not-present transactions in Europe on both Black Friday (Nov. 24) and Cyber Monday (Nov. 27). The firm...

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UK Could Regulate Tech Giants Under Financial Umbrella
UK Could Regulate Tech Giants Under Financial Umbrella
December 07, 2023  |  Regulation

Could tech giants like Google and Amazon fall under the purview of British financial regulators? A trio of those regulators — The Bank of England, Prudential Regulation...

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Europe’s AI Legislation Exempts Open-Source Models
Europe’s AI Legislation Exempts Open-Source Models
December 07, 2023  |  artificial intelligence

Europe’s new AI legislation could reportedly go easy on open-source artificial intelligence models. Lawmakers in Europe were still hammering out the details of the landmark AI Act...

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Visa Picks Enfuce to Launch New Fleet Mobility Card
Visa Picks Enfuce to Launch New Fleet Mobility Card
December 06, 2023  |  B2B Payments

Payment processor Enfuce and Visa have expanded their partnership to introduce a new mobility card. The collaboration, announced Wednesday (Dec. 6), lets the two companies deliver the Visa Fleet 2.0...

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Bank of England: AI Could Threaten UK Financial System
Bank of England: AI Could Threaten UK Financial System
December 06, 2023  |  artificial intelligence

England’s central bank says AI may pose a risk to the country’s financial system. Bank of England Governor Andrew Bailey said Wednesday (Dec. 6) that banks and investors...

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Europe Could Reach Tentative Agreement on AI Act This Week
Europe Could Reach Tentative Agreement on AI Act This Week
December 06, 2023  |  Artificial Intelligence

This could be a make-or-break week for the future of Europe’s AI Act. The European Union could reach a tentative agreement on the artificial intelligence...

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Western Union Marks 100 Concept Stores in Europe
Western Union Marks 100 Concept Stores in Europe
December 06, 2023  |  Cross-border Payments

Western Union says it has expanded its network of concept stores in Europe. The cross-border money transfer provider announced Wednesday (Dec. 6) that it now has...

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Can the EU Get Its Digital Act Together?
Can the EU Get Its Digital Act Together?
December 06, 2023  |  David S. Evans

Where’s the European Union when it comes to AI? It has the world’s second-largest GDP — $18.4 trillion in 2023. Its 448 million population is more than 100...

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Experian Debuts Additions to Ascend Analytics Platform
Experian Debuts Additions to Ascend Analytics Platform
December 05, 2023  |  Data

Information services provider Experian has introduced new capabilities for its cloud-based analytics platform Ascend. The new tools are designed to increase operational efficiency, maximize profitability and support lenders and...

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