EMEA

Swiss National Bank Says Credit Suisse Crisis Revealed Regulations’ Shortcomings
Swiss National Bank Says Credit Suisse Crisis Revealed Regulations’ Shortcomings
June 22, 2023  |  Bank Regulation

The Swiss National Bank has called for a review of “too big to fail” (TBTF) regulations after the crisis around Credit Suisse in March. While measures taken by authorities...

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CACEIS Bank Obtains Digital Assets Service Provider Status in France
CACEIS Bank Obtains Digital Assets Service Provider Status in France
June 22, 2023  |  Banking

French banking entity CACEIS Bank has obtained Digital Assets Service Provider (PSAN) status. With this registration granted by France’s Financial Markets Authority (AMF), the bank can offer digital asset custody...

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Rumored Bids for Ocado Underscore Digital Shift in Grocery Segment
Rumored Bids for Ocado Underscore Digital Shift in Grocery Segment
June 22, 2023  |  Acquisitions

Deal making spotlights the inroads digital technologies are poised to make in the grocery space. U.K.-based online grocery firm Ocado has reportedly been attracting interest from several...

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SAP Fioneer Launches Banking Solution for Small Businesses
SAP Fioneer Launches Banking Solution for Small Businesses
June 22, 2023  |  SMBs

SAP Fioneer has launched a banking solution for small and medium-sized businesses (SMBs). The new Fioneer SME Banking Edition enables banks and neobanks to offer...

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Report: British Banks Preparing New Efforts to Fight Economic Crime
Report: British Banks Preparing New Efforts to Fight Economic Crime
June 22, 2023  |  Banking

British banks are reportedly testing ways to share data to prevent money laundering and terrorism financing. Six or more banks are preparing to participate in...

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Modulr Expands Embedded Payments Offerings to France and Spain
Modulr Expands Embedded Payments Offerings to France and Spain
June 21, 2023  |  Digital Payments

Modulr has reportedly expanded its embedded payments offerings to France and Spain. With this expansion and a layer of localization, French and Spanish firms can use...

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Volt Raises $60 Million to Expand to Australia and US
Volt Raises $60 Million to Expand to Australia and US
June 21, 2023  |  Investments

Volt has raised $60 million in a Series B round to expand into Asia-Pacific (APAC) and the Americas. The builder of infrastructure for global instant...

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German Regulator Says Google Automotive Services May Violate Antitrust Rules
German Regulator Says Google Automotive Services May Violate Antitrust Rules
June 21, 2023  |  ANTITRUST

A German regulator has told Google that its connected car package may violate antitrust rules. The Federal Cartel Office said in a letter to the tech giant that the...

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Report: OpenAI Lobbied for Amendments to EU’s AI Act
Report: OpenAI Lobbied for Amendments to EU’s AI Act
June 20, 2023  |  Artificial Intelligence

OpenAI reportedly lobbied for — and got — changes to the European Union’s artificial intelligence (AI) legislation. The ChatGPT creator succeeded in its efforts to alter “significant elements”...

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