EU - page 7

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.

News

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.

Science & Technology

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.

Blockchain & Crypto

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.

News

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.

News

Coinbase to Offer Crypto Derivatives in Europe

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

News

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.

Science & Technology

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.

Fintech & Ecommerce

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.

Finance & Economics

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.