European tech leaders warn against stifling AI innovation as SAP’s CEO pushes back on European Union regulations. At the same time, the FDA rolls out new healthcare AI oversight measures, and major tech companies struggle to meet European compliance standards. Testing reveals that even top...
The European Investment Bank (EIB) said Monday (Oct. 7) that European Union (EU) finance ministers have welcomed its Action Plan to deepen the region’s capital markets and provide more support to startups. In discussions at the Eurogroup in Luxembourg, finance ministers supported proposals to finance the scale-up...
European consumers are saving at higher rates than before COVID as their American counterparts spend. As the Financial Times (FT) noted in a report Sunday (Oct. 6), savings in both Europe and the U.S. jumped during the pandemic when people were confined to their homes....
Federal Reserve Governor Lisa Cook is tempering expectations of an artificial intelligence (AI) productivity impact, while Malaysia unveiled ambitious plans to become an AI hub and the European Commission assembled experts to craft AI guidelines. These developments highlighted the complex landscape of AI adoption, balancing...
November 06, 2024
Real-time payments are becoming increasingly popular worldwide, with new implementations and innovations emerging regularly. The European Union has been a traditional leader in real-time payments, prompting providers to prioritize compliance with its regulations. A recent example is Broadridge Financial Solutions, which just launched its Instant Payments Service for real-time money transfers. The service uses the […]
October 02, 2024
Federal Reserve Governor Lisa Cook is tempering expectations of an artificial intelligence (AI) productivity impact, while Malaysia unveiled ambitious plans to become an AI hub and the European Commission assembled...
July 08, 2024
Although France checks in seventh — the first country below the median — in the recently released landmark report by PYMNTS Intelligence, “How the World Does Digital,” its Gen Z...
May 23, 2024
The payments landscape in Europe is poised for a shift as new regulations mandating support for instant payments go into effect in 2025. That’s no guarantee that consumers and businesses...
October 07, 2024
The European Investment Bank (EIB) said Monday (Oct. 7) that European Union (EU) finance ministers have welcomed its Action Plan to deepen the region’s capital markets and provide more support to startups. In discussions at the Eurogroup in Luxembourg, finance ministers supported proposals to finance the scale-up of European unicorns, the EIB said in a Monday press release. […]
October 06, 2024
European consumers are saving at higher rates than before COVID as their American counterparts spend. As the Financial Times (FT) noted in a report Sunday (Oct. 6), savings in both...
September 22, 2024
Two of the European Union’s top regulators are stepping down from their posts. And as Wired reported Saturday (Sept. 22), experts say it’s too soon to tell what their replacements...
September 10, 2024
A European court has ruled against both Apple and Google in separate cases. The European Union Court of Justice has upheld a 2016 decision by the European Commission that Ireland gave Apple unfair aid in a...
