EMEA

Report: Uber Considers Investment in African Vehicle Financing Startup Moove
Report: Uber Considers Investment in African Vehicle Financing Startup Moove
February 23, 2024  |  Investments

Uber is reportedly considering joining other investors in a funding round for Moove, an African vehicle financing startup. The funding round could total between $75...

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Swiss National Bank Says Merchant Cash Acceptance Unchanged Since 2021
Swiss National Bank Says Merchant Cash Acceptance Unchanged Since 2021
February 23, 2024  |  Cash

Swiss National Bank (SNB) Vice Chairman Martin Schlegel said Friday (Feb. 23) that physical cash will never disappear from use in Switzerland, despite the popularity...

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Jasper Acquires Clipdrop to Enhance AI Copilot for Marketing Teams
Jasper Acquires Clipdrop to Enhance AI Copilot for Marketing Teams
February 22, 2024  |  Artificial Intelligence

Jasper, a generative artificial intelligence app company, acquired Clipdrop, an AI image creation and editing platform, from Stability AI. The move not only strengthens Jasper’s...

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Raiffeisen Bank International Discloses Investigation by Austrian Financial Regulator FMA
Raiffeisen Bank International Discloses Investigation by Austrian Financial Regulator FMA
February 22, 2024  |  AML

Raiffeisen Bank International (RBI) disclosed Thursday (Feb. 22) that it is being investigated by Austria’s financial regulator, FMA, over alleged anti-money laundering (AML) failures. The bank said...

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Zilch Unveils BNPL Plan for ‘Significant Purchases’
Zilch Unveils BNPL Plan for ‘Significant Purchases’
February 22, 2024  |  BNPL

British buy now, pay later (BNPL) firm Zilch has launched a new credit payment product. The company says its “Pay over 3 months” product, announced Thursday...

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BVNK Gets Electronic Money License to Expand Operations and Customer Support
BVNK Gets Electronic Money License to Expand Operations and Customer Support
February 21, 2024  |  B2B Payments

B2B payments platform BVNK announced that its electronic money institution (EMI) license is now live in Europe. The move is expected to enhance the company’s...

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Germany’s Financial Regulator BaFin Set to Relax Crackdown on FinTechs
Germany’s Financial Regulator BaFin Set to Relax Crackdown on FinTechs
February 21, 2024  |  Regulation

Germany’s financial regulator, BaFin, is reportedly set to relax its crackdown on FinTechs. The move comes after several firms improved their controls, BaFin Executive Director...

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The EU Inches Closer to the Digital Euro — Will Stablecoins and Crypto Take a Back Seat?
The EU Inches Closer to the Digital Euro — Will Stablecoins and Crypto Take a...
February 21, 2024  |  CBDC

In Europe, a central bank digital currency (CBDC) has inched closer to reality, by virtue of a vote. As a result, the United States may...

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Competitors Say Apple’s Plans Don’t Comply With Digital Markets Act
Competitors Say Apple’s Plans Don’t Comply With Digital Markets Act
February 21, 2024  |  Regulation

Apple is reportedly facing pushback from rivals like Meta and Microsoft over its plans to comply with the Digital Markets Act in the European Union...

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