Search results for "European Union"

June 13, 2024
Embedded Finance and BaaS: From Marketing Buzz to Banking Bedrock

Embedded finance and banking-as-a-service (BaaS) are having their watershed moment. Banks and financial institutions (FIs) everywhere are increasingly integrating application programming interfaces (APIs) that unleash the power to manage our...


June 12, 2024
This Week in Web3: Growing Crypto Acceptance and Cross-Border Payments

The state of crypto, just like the crypto market, remains promising – if volatile – in 2024. While many observers may have believed that the crypto space would simply disappear...


June 12, 2024
Digital Markets: Regulation or Innovation in Asia-Pacific?

By Stephen Crosswell1   Introduction Historians generally agree that the Industrial Revolution has been the single most important event in human history since the domestication of animals and plants. The...


June 12, 2024
UK Neobank Starling Profits Soar 55% for Third Year in...

Starling has just finished its third profitable year amid plans to expand its software operations. The British neobank on Wednesday (June 12) released its annual report, showing a 54.7% increase in pre-tax...


June 11, 2024
Deutsche Telekom Wins Legal Battle for EU Antitrust Fine Interest...

On Tuesday, Deutsche Telekom secured a significant legal victory as the European Union’s highest court ruled in its favor, mandating that EU antitrust regulators pay interest on a reimbursed portion...


June 11, 2024
Apple and OpenAI Partnership Could Prompt EU Antitrust Regulation Revisions

The integration of OpenAI’s ChatGPT into Apple’s operating systems, announced this week, could lead to a reevaluation of the European Union (EU)’s digital antitrust regulations, according to a European Commission...


June 11, 2024
Digital IDs and Biometrics Upgrades Define Future of Transaction Security

The interlinked future of digital identity and biometrics is already starting to transform payments. As digital wallets increasingly gain traction, the security features driving their use are emerging as components...


June 10, 2024
Tech Titans in the Crosshairs: DOJ and FTC Ready to...

The Justice Department and the Federal Trade Commission (FTC) are reportedly gearing up to unleash their antitrust hounds on Microsoft, OpenAI and Nvidia, according to a Wednesday (June 5) report...


June 10, 2024
Turkish Competition Authority Fines Google $14.85 Million Over Hotel Search...

The Turkish Competition Authority has imposed a fine of approximately 482 million lira ($14.85 million) on Google. The fine, announced on Monday, arises from Google’s alleged failure to meet its...


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.