EMEA

Mastercard Launches Digital Assets and Blockchain Initiative
Mastercard Launches Digital Assets and Blockchain Initiative
June 28, 2023  |  Blockchain

Mastercard has launched a new initiative focused on digital assets and blockchains. The new Multi-Token Network (MTN) is focused on projects on these technologies, Mastercard Executive Vice President...

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OpenAI Picks London for 1st International Office
OpenAI Picks London for 1st International Office
June 28, 2023  |  Artificial Intelligence

ChatGPT creator OpenAI has picked London for its first headquarters outside the United States. “London’s vibrant technology ecosystem and its exceptional talent make it the ideal location for...

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Pay.UK Launches Pilot of Payments Industry Collaboration to Fight Fraud
Pay.UK Launches Pilot of Payments Industry Collaboration to Fight Fraud
June 28, 2023  |  Fraud Prevention

Pay.UK has announced it is piloting a new payments industry collaboration to help fight fraud. As the operator and standards body for the United Kingdom’s...

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EU Wants Digital Euro to Complement Cash, Not Replace It
EU Wants Digital Euro to Complement Cash, Not Replace It
June 28, 2023  |  CBDC

The European Commission (EC) says a digital euro should complement cash, not replace it. The EC on Wednesday (June 28) published a pair of proposals...

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Zalando Fights EU’s Digital Services Act in Court
Zalando Fights EU’s Digital Services Act in Court
June 28, 2023  |  Retail

Germany’s Zalando is considered Europe’s largest online fashion retailer. But is it a “very large online platform”? That’s now a matter for the courts. Zalando...

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Proposed EU Banking Rules Address Environmental and Crypto Risks
Proposed EU Banking Rules Address Environmental and Crypto Risks
June 27, 2023  |  Regulation

European Union (EU) banks may soon have new rules around environmental and crypto risks. The proposed new banking rules have been agreed upon by negotiators...

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NatWest Launches Incentives for New and Expanded Business Accounts
NatWest Launches Incentives for New and Expanded Business Accounts
June 27, 2023  |  B2B Payments

NatWest is offering incentives to businesses in the United Kingdom that switch their accounts to the bank. The U.K. bank is offering 24 months of free...

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Odoo Receives $164 Million to Expand Business Software Suite Globally
Odoo Receives $164 Million to Expand Business Software Suite Globally
June 26, 2023  |  Investments

Odoo has received a strategic investment of 150 million euros (about $164 million) to continue its global expansion. The Belgium-based provider of open-source integrated business...

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UK FinTech TreasurySpring Raises $29 Million to Grow Fixed-Term Fund Platform
UK FinTech TreasurySpring Raises $29 Million to Grow Fixed-Term Fund Platform
June 26, 2023  |  Investments

TreasurySpring has secured $29 million to grow its fixed-term fund (FTF) platform. The firm plans to increase its headcount by 50%, adding to its product, sales and marketing...

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