EU Digital Chief Says About Impact of AI Act on Innovation
The European Union’s (EU) competition and digital chief, Margrethe Vestager, supported the AI Act.
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Meta Launches Threads for European Users
The American technology giant Meta launched the Threads social network in the European Union on Thursday, December 14.
What European Sustainability Reporting Standards (ESRS) Mean for Fintech
The adoption of the first set of European Sustainability Reporting Standards (ESRS) became official in the European Union on October 21, 2023. What changes do the new standards bring for businesses, particularly those operating in the fintech industry?
JPMorgan Payments Processes Record Number of Operations in Europe
JPMorgan Payments processed a record number of financial card transactions in Europe last Black Friday and Cyber Monday.
Škoda Launches Pay to Fuel Service
Drivers of Škoda ICE vehicles in select European countries are now able to pay for fuel via their in-car dashboard touchscreen using the Pay to Fuel service.
Mario Centeno Says About Significance of European Job Market for EU Economy
Mario Centeno, a member of the Governing Council of the European Central Bank (ECB), told colleagues that it was highly likely that the consequences of excessive tightening for the European labor market could be rapid during the recovery of the economic system of the region.
Eurozone Inflation Shows Decline
In November, the dynamic of the decline in inflation in the eurozone turned out to be more intense than expected.
EU Lawmakers Call For Metaverse Strategy
The European Parliament Committee wants the EU to lead metaverse development and reduce the bloc’s technological dependency.
Christine Lagarde Says About Possibility of Pandemic Bond Reinvestments Soon
The President of the European Central Bank, Christine Lagarde, said that officials of this financial institution may soon review their portfolio of so-called pandemic bonds worth €1.7 trillion ($1.9 trillion) and change their position on how long they will replace securities with maturity.
Germany, France and Italy Agree on AI Regulations
The media reported that three EU countries, including Italy, Germany, and France, have reached an agreement on issues that form the basis of the content of the concept of the regulation of artificial intelligence.
Robinhood Plans to Expand Crypto Trading in Europe
Cryptocurrency investment platform Robinhood in its earnings report for the third quarter of this year, which was published last Tuesday, November 7, announced intention to expand its offers for trading virtual assets in Europe.
Eurozone Inflation Sinks to Two-Year Low
In the Eurozone, the inflation rate has fallen to the lowest level in more than two years.
Meta Launches New Subscription Option for Users in Europe
Meta will soon launch a new subscription option for users of the virtual platforms Facebook and Instagram in Europe.
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.
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.
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.
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