EU - page 6

Finance & Economics

ECB Prepares to Start Cutting Interest Rates Before Fed Does

The European Central Bank is demonstrating a kind of determination as part of its aspirations to begin implementing a policy of cutting interest rates before similar decisions are made by the Federal Reserve System.

News

EU Starts Probe Into Meta, Apple and Alphabet

The European Union on Monday, March 25, announced the launch of an investigation into such technology giants as Apple, Alphabet, and Meta.

News

World Fund to Offer €300M to European Climate Tech Founders

German-based climate VC World Fund has raised a €300M fund to make substantial investments into European tech startups, developing technologies that can potentially decarbonise entire industries.

Science & Technology

Apple to Allow iPhone App Downloads From Websites in Europe

IPhone owners who live in European Union countries will be able to download apps for their smartphones from websites, instead of through the App Store or a competing virtual store of digital products.

News

Apple Makes Big App Store Changes in Europe

Apple is forced, in a sense, to weaken the symbolic fortress of the iPhone in Europe against the background of stricter regulatory requirements in this region.

Science & Technology

Apple Set to Face EU Fine

Apple is facing a fine of about €500 million from the European Union as part of an investigation into the possible application of illegal practices by the technology giant against its music streaming competitors, including Spotify Technology SA.

News

EU to Advance AI Act

As France and Germany withdrew their objections to the AI Act, the EU can proceed with the next steps required for implementing the regulation.

News

Bitpanda Launches Institutional Crypto Platform

Austrian fintech unicorn Bitpanda has launched Bitpanda Wealth – a cryptocurrency trading platform catering to the growing demand for institutional crypto services in the EU.

Fintech & Ecommerce

BlueLayer Works on Operating System for Carbon Project Developers

BlueLayer is currently working on creating a software platform designed to be used by developers of carbon projects.

Science & Technology

Italy Claims OpenAI Breaks GDPR Laws

The Italian data protection authority (DPA) has concluded that OpenAI and its popular AI chatbot ChatGPT do not comply with the European Union GDPR provisions.

Finance & Economics

ECB Vice President Warns About Difficulties in European Economy

Luis de Guindos, Vice President of the European Central Bank, stated that the eurozone’s economic system may have experienced a downswing at the end of last year, and noted that difficulties in this area are likely to continue in 2024.

Blockchain & Crypto

Coinbase to Offer Crypto Derivatives in Europe

Coinbase intends to acquire a Cypriot company that will offer cryptocurrency-linked derivatives in the European Union.

Finance & Economics

ECB to Test Banks’ Ability to Recover From Cyberattack

The European Central Bank (ECB) will conduct a stress test of 109 financial institutions under its direct supervision on the ability to restore the functioning process after cyber attacks.

News

Meta Launches Threads for European Users

The American technology giant Meta launched the Threads social network in the European Union on Thursday, December 14.

Articles

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?

Fintech & Ecommerce

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.