Search results for "European Union"

July 15, 2024
French Regulators Investigate Nvidia for Anti-Competitive Practices

The French competition authority has confirmed an ongoing investigation into Nvidia, the leading global chipmaker, over alleged anti-competitive practices. Benoit Coeure, president of the French competition authority, announced on Monday...


July 15, 2024
Citi Names Barclays Vet James Morris as UK Commercial Banking...

Citi has a new head of commercial banking (CCB) for the United Kingdom. James Morris, a 25-year veteran of British banking giant Barclays, is expected to take on that role...


July 15, 2024
Visa and Wirex Partner on Digital Currency Use in Europe,...

 Visa has teamed with WireX to promote the use of digital currencies in Europe and the UK. “This collaboration will explore new opportunities to leverage and integrate innovative Visa cards...


July 14, 2024
EU Charges Elon Musk’s X with Violating New Social Media...

The European Union has initiated its first charges under the recently enacted Digital Services Act (DSA), accusing Elon Musk’s social media platform X, formerly known as Twitter, of multiple violations....


July 14, 2024
India’s Antitrust Body Finds Apple Abused Market Dominance

An investigation by India’s antitrust body has found that Apple exploited its dominant position in the market for app stores on its iOS operating system, engaging “in abusive conduct and...


July 12, 2024
Nala Raises $40 Million to Expand Consumer Business Beyond Africa

Nala raised $40 million in a Series A funding round to expand its consumer business beyond Africa and to build its B2B payment platform for Africa. The new offerings will expand...


July 12, 2024
British Consumers’ Complaints About Banking Sector Rise Amid Record-High Fraud

British consumers have more complaints about the banking sector across the board than they did a year ago. Complaints about the sector reached their highest level in at least a...


July 12, 2024
Elon Musk’s X Found In Breach of EU Content Rules

Elon Musk’s social-media platform X, previously known as Twitter, has been found in breach of the European Union’s (EU) online-content law, according to a preliminary decision from the European Commission....


July 12, 2024
How the World Does Digital: Italy Posts Solid Scores In...

While the Colosseum evokes gladiatorial battles, and Michelangelo’s Sistine Chapel frescoes hold timeless beauty, modern Italy is embracing the digital age. Today’s Italians are increasingly turning to mobile wallets and...


The Real-Time Payments World Map

Real-time payments in the EU are on the verge of achieving their instantaneous promise, with a new rule from the European Council requiring instant fund transfers  to be available within 10 seconds. In this edition of the “Real-Time Payments World Map,” a collaboration with The Clearing House, PYMNTS explores this development along with other advancements unfolding across the global real-time payments landscape.