European banks reportedly have issues with the U.K.’s plan to cap international digital transaction fees. A pair of trade organizations — the European Banking Federation and Payments Europe —...
Open banking payments firm Trustly says it has seen a surge in transaction value. The company announced Tuesday (Aug. 13) that it processed 13.1 billion pounds ($16 billion)...
Revolut investor Balderton Capital has raised $1.3 billion for European tech startups. The London-based firm announced the funding — divided between its $615 million Early Stage Fund IX and...
When it comes to contemporary business operations, complexity is nearly unavoidable. The bigger a business gets, the more borders it crosses and peers it acquires,...
Banks and their IT providers will soon face tougher scrutiny in the European Union (EU). That’s because of the Digital Operational Resilience Act (DORA), which...
British digital bank Monzo says it has more than 10 million personal customers. This milestone, announced Tuesday (Aug. 6), comes weeks after the company reached...
The United Kingdom’s National Crime Agency (NCA) reported Thursday (Aug. 1) that it shut down a platform that was used to make 1.8 million scam calls...
Artificial intelligence (AI) regulation takes center stage as the EU investigates X’s (formerly Twitter) data practices, Unilever adopts a proactive stance and Utah targets mental...
The Bank of England (BoE) is conducting a new series of experiments with central bank digital currencies (CBDCs) for retail use. Citing growing innovations and...