europe

EU Bank License To Boost Banking Circle Expansion
EU Bank License To Boost Banking Circle Expansion
February 27, 2020  |  Banking

Banking Circle is now licensed to do banking in Luxembourg after the Commission de Surveillance du Secteur Financier (CSSF) granted the license. The company has been making...

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Paysend Launches Mobile Multi-Currency Wallet In Europe
Paysend Launches Mobile Multi-Currency Wallet In Europe
February 20, 2020  |  International

The U.K. FinTech Paysend is introducing Global Account, its international, fee-free mobile money account with a multi-currency wallet, to European users, the company announced on...

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Goldman Sachs Warns Of Market Drop Due To Outbreak
Goldman Sachs Warns Of Market Drop Due To Outbreak
February 20, 2020  |  International

Despite high levels of U.S. and European stocks, Goldman Sachs warns that the coronavirus’ impact could bring it all toppling down, according to the Financial...

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Mastercard Introduces European Cybersecurity Center
Mastercard Introduces European Cybersecurity Center
February 18, 2020  |  Security & Fraud

Mastercard is developing a cutting-edge European cybersecurity center for public and private stakeholders to work on advancing regional fortitude, Mastercard announced on Tuesday (Feb. 18)...

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HSBC Reorganization Slashes 35K Positions, $100B Assets
HSBC Reorganization Slashes 35K Positions, $100B Assets
February 18, 2020  |  International

Europe’s biggest bank by assets, HSBC, is slashing 35,000 jobs and $100 billion in assets as it moves to streamline business functions in the U.S.,...

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French FinTech Closes $4M For New Neobank
French FinTech Closes $4M For New Neobank
February 18, 2020  |  B2B Payments

FinTech startup EasyEuro — based in both Paris, France and Shenzhen, China — has closed a $4 million pre-funding deal to launch a Neobank (a...

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Europe Tells G20 To Tackle Tech Firm Taxation
Europe Tells G20 To Tackle Tech Firm Taxation
February 14, 2020  |  Europe

Europe has long sought to make very profitable Big Tech companies conducting business through the web pay tax where they sell their offerings instead of...

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Facebook Ireland Holds Up Dating Feature Over Regulator GDPR Compliance Concerns
Facebook Ireland Holds Up Dating Feature Over Regulator GDPR Compliance Concerns
February 12, 2020  |  Facebook

Facebook Ireland put its planned dating feature on hold following a raid by the Irish Data Protection Commission (DPC) on Wednesday (Feb. 12), according to reports....

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EU Softens Stance On 5-Year Ban Of Facial Recognition Tech
EU Softens Stance On 5-Year Ban Of Facial Recognition Tech
February 12, 2020  |  Biometrics

The European Union won’t be passing a blanket moratorium on facial recognition software after initially signaling that it would do so. Instead, it plans to leave...

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