europe

Mastercard Expands Open Banking Capabilities With Algoan Partnership
Mastercard Expands Open Banking Capabilities With Algoan Partnership
June 06, 2023  |  Authentication

Mastercard is expanding its European open banking capabilities with a new account owner verification tool. The company’s verification solution, announced Tuesday (June 6) in a...

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EU Official Says AI Firms Must Help Block ‘Malicious Actors’
EU Official Says AI Firms Must Help Block ‘Malicious Actors’
June 05, 2023  |  Artificial Intelligence

Should artificial intelligence (AI)-generated content be labeled as such? If that content could be used to spread disinformation, then the answer is yes, European Commission deputy...

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Mastercard and Fabrick Partner on Embedded Finance Solutions in Europe
Mastercard and Fabrick Partner on Embedded Finance Solutions in Europe
May 31, 2023  |  Payment Methods

Mastercard and Fabrick have expanded their partnership to develop embedded finance solutions for European businesses, financial institutions and FinTechs. The strategic partnership builds on the companies’ existing relationship...

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Advanced Automation Helps Enterprises Manage Spend on a Global Scale
Advanced Automation Helps Enterprises Manage Spend on a Global Scale
May 31, 2023  |  Spend Management

Companies navigating the shifting landscape of global commerce see the promise of new markets, of bringing their products and services to new geographies. As they...

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ECB Says Payments Landscape Has Room for Digital Euro
ECB Says Payments Landscape Has Room for Digital Euro
May 30, 2023  |  CBDC

The European Central Bank (ECB) has done recent tests that show the potential of a digital euro. The bank released results of a “prototyping exercise” — conducted...

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Uber’s European Business Grows After Partnering With Taxi Drivers
Uber’s European Business Grows After Partnering With Taxi Drivers
May 29, 2023  |  Ridesharing

A growing share of European taxi drivers’ business is coming from Uber. The share of these taxi drivers’ rides that are booked on the platform...

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Starling CEO Steps Aside As Neobank’s Revenues Double
Starling CEO Steps Aside As Neobank’s Revenues Double
May 25, 2023  |  Digital Banking

With profits increasing six-fold and revenues rising, Starling Bank’s CEO is stepping down. Ann Boden, who is both founder and chief executive of the British...

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Embedded Finance Brings Checkout Innovation to European B2B Merchants
Embedded Finance Brings Checkout Innovation to European B2B Merchants
May 25, 2023  |  Innovation

Despite increasing innovation in the B2B space, continued reliance on manual processes and the resulting slow pace and high operating costs associated with managing receivables...

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European Commissioners Say Google CEO Agrees Voluntary AI Rules Needed
European Commissioners Say Google CEO Agrees Voluntary AI Rules Needed
May 24, 2023  |  Regulation

Two European Commission officials said Google CEO Sundar Pichai agreed there’s a need for voluntary rules around artificial intelligence (AI). EC Internal Market Commissioner Thierry Breton said...

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