Search results for "European Union"

June 27, 2024
Are Stablecoins Winner-Take-All?

Stablecoins have the potential to significantly increase competition in payments and financial services, although achieving this is not certain. Success hinges on fostering a diverse ecosystem with multiple issuers and...


June 27, 2024
The Controversial Biometric Data Processing of an Ambitious Crypto Asset

Worldcoin is a crypto asset that is distributed worldwide free of charge, on the condition that users consent to their irises being scanned in order for the token issuer to...


June 26, 2024
AI Boom to Fuel Anticompetitive Behavior in Big Tech, Warns...

The surge in advanced artificial intelligence tools is poised to act as a “first-class fire accelerator” for anticompetitive practices among Big Tech firms, Germany’s leading antitrust official cautioned on Wednesday....


June 26, 2024
Drive for US Data Privacy Legislation Gains Bipartisan Support Amid...

An effort to establish major data privacy legislation in the United States is gaining bipartisan traction in a divided Congress. The American Privacy Rights Act, co-sponsored by Democratic Senator Maria...


June 25, 2024
Sovos and PwC Ireland Partner on eInvoicing, eReporting Compliance Solutions

Sovos and PwC Ireland partnered to help organizations implement eInvoicing and eReporting to comply with government mandates across the European Union and the world. The collaboration brings together the capabilities...


June 25, 2024
EU Accuses Microsoft of Antitrust Violations Over Teams and Office...

The European Union has leveled serious antitrust accusations against Microsoft, alleging that the tech giant engaged in “abusive” practices by bundling its Teams communication software with its popular Office productivity...


June 24, 2024
How CFOs Are Managing the Year of Regulatory Anxiety

When it comes to compliance, businesses need to grow up — quickly — to compete. From Apple’s ongoing troubles in the European Union to former FinTech-darling Synapse’s bankruptcy in the...


June 24, 2024
Meta Expands AI Startup Program in Europe

Meta is broadening its AI Startup Program across Europe, highlighting both the potential for innovation and the growing influence of American tech companies in the region’s artificial intelligence (AI) landscape....


June 24, 2024
UN Secretary-General Urges Tech Giants to Tackle Harm: ‘Acknowledge the...

UN Secretary-General Antonio Guterres on Monday called on Big Tech companies to take responsibility for the negative impacts their products are having on individuals and communities. During a press conference...


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.