Delivery Hero and its Spanish unit Glovo are under investigation by Europe’s antitrust watchdog. The European Commission (EC) announced Tuesday (July 23) that it will probe whether the relationship between the two...
The payments landscape is a global one, meaning winning innovations have boundless room to scale. It also means that geographical positioning can help with strategically...
A top global financial watchdog says the “shadow banking” sector needs more regulation. Writing Monday (July 22) to a group of finance ministers and central...
A Nigerian regulator has fined Meta $220 million, saying the privacy policy of the company’s WhatsApp violated the country’s data and privacy laws. The Federal...
Facebook parent Meta’s decision to withhold its latest multimodal artificial intelligence (AI) model from the European Union highlights the growing chasm between Silicon Valley innovation...
The Bank of England said Thursday (July 18) that a global payments issue that was affecting CHAPS, the United Kingdom’s high-value payment system, is now resolved. “We...
Cash App says it will exit the British market as it focuses on the U.S. The mobile payments service announced Thursday (July 19) that it...
From Washington to Brussels, policymakers are scrambling to rein in artificial intelligence’s (AI) rapid advance. As the Federal Communications Commission (FCC) targets AI-powered robocalls and...
Two United Kingdom regulators have begun gathering information on the benefits and risks of digital wallets for people and businesses. The Payment Systems Regulator (PSR) and Financial...