EU - page 3

Finance & Economics

Deutsche Bank Promises More Cash for Investors

The share price of Deutsche Bank showed an increase of almost 7% after the financial institution said that high profits meant paying shareholders a larger amount of cash over the next two years than initially expected.

Fintech & Ecommerce

SEPA to Migrate to ISO 20022 Next March

Sepa Credit Transfer, Sepa Instant Credit Transfer, Sepa Direct Debit Core, and SDD Business-to-Business are postponed to migrate to ISO 20022 in March 2024, instead of this November.

News

Binance Stikes New Fiat Partnership to Restore Euro Support

The crypto exchange signed agreements with a number of new regulated and authorized fiat partners after losing its previous partner PaySafe in September.

Blockchain & Crypto

European Central Bank to Launch Preparation Phase for Its CBDC in November

The European Central Bank (ECB) is currently as close as possible to launching a digital euro.

Society & Lifestyle

EU Antitrust Regulators Fine Intel

The antimonopoly regulators of the European Union have decided to introduce a financial impact measure in the form of a fine against Intel.

Science & Technology

Irish Regulators Fine TikTok

The Irish regulators, as part of the proceedings on the fact of TikTok’s involvement in the use of practices that violate the norms of ensuring the confidentiality of information of underage users of social networks and apps, decided to apply the measure of influence in the form of a fine in the amount of €345 […]

News

EU Antitrust Regulators Reportedly Suspends Investigation of Amazon’s Acquisition of iRobot

The media reported that the antitrust regulators of the European Union temporarily halted their investigation in connection with Amazon’s acquisition of the manufacturer of robot vacuum cleaners iRobot in a deal worth $1.7 billion.

Science & Technology

EU Names Six Tech Giants to Comply With DMA

The EU regulators have come up with a list of so-called gatekeepers with enough market power to report their core platform services to the European Commission under the Digital Markets Act (DMA)

News

TikTok Opens Its First European Data Centre

TikTok has opened its first European data center, which is based in Dublin.

News

Big Tech Braces for European Union’s Clampdown on Anti-Competitive Practices

Big technology companies are preparing for the largest and most significant tightening clampdown on anti-competitive practices in the history of the European Union.

Science & Technology

Microsoft Splits Teams from Office in EU

Microsoft will give its European business customers the opportunity to buy the Teams video and chat app separately from the Office software.

News

Spain’s Deputy Central Bank Governor Suggests Tools to Mitigate Digital Euro’s Unintended Consequences

Deputy head of the Central Bank of Spain Margarita Delgado said that before making a final decision on the launch of the digital euro, the European Central Bank should analyze the potential impact of the virtual currency on the banking system of the eurozone.

Blockchain & Crypto

MiCA: Is This Crypto Regulation Needed?

29 June, 2023 — MiCA, the ‘exhaustive’ regulatory framework erected around the crypto industry within the EU came into effect. Its purpose? To “regulate something that’s borderless, open-source, decentralised and constantly evolving”. Innovation regulation does not purport great expectations, is MiCA any different? Are innovative and autonomous financial instruments supported by the voting outcome of […]

News

Bunq Sees Record Funding Year With Fresh €44.5M Investment

Europe’s largest neobank bunq secures additional growth capital, bringing the total yearly investments to nearly €100M

News

Google Launches AI Chatbot in Europe

Google announced the launch of Bard, an artificial intelligence-based chatbot, in Europe and Brazil.

Fintech & Ecommerce

Numarics Raises €10 Million to Offer Small Businesses All-in-One Digital CFO Solution

Swiss fintech startup Numarics announced the raising of investment funds for 10 million euros following the results of the initial round of financing.