EU

The European Union is a political and economic union of 28 member states that are located primarily in Europe. Its members have a combined area of 4,475,757 km² and an estimated total population of about 513 million.

Source: en.wikipedia.org

Payplug and Mangopay Partner on Payments for European Marketplaces
Payplug and Mangopay Partner on Payments for European Marketplaces
February 20, 2024  |  Partnerships

Payplug and Mangopay have formed a strategic partnership to provide marketplaces and platforms across Europe with a seamless and complete payment solution.  Payplug, which provides its omnichannel...

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TikTok Vows to Keep Minors Safe After EU Announces Probe
TikTok Vows to Keep Minors Safe After EU Announces Probe
February 19, 2024  |  Regulation

The European Commission has opened formal proceedings against TikTok under the Digital Services Act, saying the regulator aims to protect the well-being of online users....

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EU Regulators Crack Down on Anti-Competitive Practices
EU Regulators Crack Down on Anti-Competitive Practices
February 18, 2024  |  Regulation

European regulators have reportedly increased their focus on anti-competitive behavior among consumer product companies. Last year, competition authorities carried out 26 surprise inspections on consumer companies...

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EU Pressure on Big Tech Sparks Startup Concern
EU Pressure on Big Tech Sparks Startup Concern
February 18, 2024  |  Regulation

Amazon’s recent cancellation of its iRobot deal reportedly has European startups worried. In a recent Financial Times (FT) opinion piece, Javier Espinoza writes that entrepreneurs are concerned that...

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Finom Raises $54 Million to Expand Digital Business Banking Solution
Finom Raises $54 Million to Expand Digital Business Banking Solution
February 13, 2024  |  Investments

Finom has raised 50 million euros ($53.6 million) in Series B financing to expand its digital business banking solution in the European Union (EU). The...

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Digital Transformation in EU Gets Push From New Instant Payment Regulations
Digital Transformation in EU Gets Push From New Instant Payment Regulations
February 08, 2024  |  Real-Time Payments

Digital transformation in the European Union got a big boost Wednesday (Feb. 7) when the EU Parliament adopted sweeping regulations aimed at improving the accessibility...

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EU’s AI Act: Premature or Prescient?
EU’s AI Act: Premature or Prescient?
February 05, 2024  |  Artificial Intelligence

Is it possible to achieve a perfect balance between regulation and innovation over disruptive technologies? The European Union’s (EU) 27 member states appear to think...

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True Layer Teams With Worldline on Payments Orchestration
True Layer Teams With Worldline on Payments Orchestration
January 31, 2024  |  Partnerships

Open banking payments network TrueLayer is offering its products via Worldline’s payment orchestration platform. Beginning Wednesday (Jan. 31), Worldline Payment Orchestration merchants can enable TrueLayer’s payment products including Payments, Payouts...

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ZeroQs Secures $496,000 to Expand Smart Shopping Cart Tech
ZeroQs Secures $496,000 to Expand Smart Shopping Cart Tech
January 30, 2024  |  Investments

Warsaw-based retail startup ZeroQs has reportedly secured 457,000 euros (about $496,000) in funding from Freya Capital. The firm will use the new funding to further develop its smart...

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