EMEA

Trustly UK Transaction Value Hits $16 Billion for H1 2024
Trustly UK Transaction Value Hits $16 Billion for H1 2024
August 13, 2024  |  Digital Payments

Open banking payments firm Trustly says it has seen a surge in transaction value. The company announced Tuesday (Aug. 13) that it processed 13.1 billion pounds ($16 billion)...

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Balderton Capital Pulls In $1.3 Billion for EU Tech Firms
Balderton Capital Pulls In $1.3 Billion for EU Tech Firms
August 12, 2024  |  Investments

Revolut investor Balderton Capital has raised $1.3 billion for European tech startups. The London-based firm announced the funding — divided between its $615 million Early Stage Fund IX and...

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Legacy Treasury Management Systems Ill-Equipped as Markets Enter Real-Time Era
Legacy Treasury Management Systems Ill-Equipped as Markets Enter Real-Time Era
August 08, 2024  |  B2B Payments

When it comes to contemporary business operations, complexity is nearly unavoidable. The bigger a business gets, the more borders it crosses and peers it acquires,...

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Banks and Their Tech Suppliers Face More IT Scrutiny in Europe
Banks and Their Tech Suppliers Face More IT Scrutiny in Europe
August 08, 2024  |  Cybersecurity

Banks and their IT providers will soon face tougher scrutiny in the European Union (EU). That’s because of the Digital Operational Resilience Act (DORA), which...

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UK Neobank Monzo Customer Count Exceeds 10 Million
UK Neobank Monzo Customer Count Exceeds 10 Million
August 06, 2024  |  Digital Banking

British digital bank Monzo says it has more than 10 million personal customers.  This milestone, announced Tuesday (Aug. 6), comes weeks after the company reached...

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UK’s National Crime Agency Shuts Down Platform Enabling Scam Calls
UK’s National Crime Agency Shuts Down Platform Enabling Scam Calls
August 02, 2024  |  Security & Fraud

The United Kingdom’s National Crime Agency (NCA) reported Thursday (Aug. 1) that it shut down a platform that was used to make 1.8 million scam calls...

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AI Regulations: EU Probes, Unilever Prepares, Utah Innovates
AI Regulations: EU Probes, Unilever Prepares, Utah Innovates
July 30, 2024  |  artificial intelligence

Artificial intelligence (AI) regulation takes center stage as the EU investigates X’s (formerly Twitter) data practices, Unilever adopts a proactive stance and Utah targets mental...

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Bank of England Announces CBDC Experiments
Bank of England Announces CBDC Experiments
July 30, 2024  |  CBDC

The Bank of England (BoE) is conducting a new series of experiments with central bank digital currencies (CBDCs) for retail use. Citing growing innovations and...

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Google-Anthropic Partnership Catches Eye of UK Watchdog
Google-Anthropic Partnership Catches Eye of UK Watchdog
July 30, 2024  |  ANTITRUST

Great Britain’s competition regulator is examining Google’s partnership with artificial intelligence (AI) startup Anthropic. The Competition and Markets Authority (CMA) said Tuesday (July 30) it is “considering whether it is...

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