EMEA

Microsoft Plans $3.4 Billion AI Investment in Germany
Microsoft Plans $3.4 Billion AI Investment in Germany
February 15, 2024  |  Artificial Intelligence

Microsoft reportedly aims to invest $3.4 billion in Germany’s artificial intelligence infrastructure. President Brad Smith announced the plans Thursday (Feb.15) during a news conference in...

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German Automotive Marketplace mobile.de Taps Mangopay for Embedded Payments
German Automotive Marketplace mobile.de Taps Mangopay for Embedded Payments
February 14, 2024  |  Payment Methods

German automotive marketplace mobile.de has tapped Mangopay to add embedded payments to its platform. Mangopay, a provider of payment infrastructure for marketplaces and platforms, will...

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UK Finance Watchdog Pulls 35 Crypto Apps Off Market
UK Finance Watchdog Pulls 35 Crypto Apps Off Market
February 14, 2024  |  Cryptocurrency

The U.K.’s financial watchdog says cryptocurrency companies still aren’t following the country’s new advertising law. The Financial Conduct Authority (FCA) noted the need for compliance Wednesday (Feb....

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Swedish Lenders Shore Up Defenses Against Fraud
Swedish Lenders Shore Up Defenses Against Fraud
February 13, 2024  |  Security & Fraud

Amid growing fraud attacks by organized crime rings, Swedish lenders are moving to adjust product offerings and increase surveillance. Fraud has grown to become the...

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OpenAI‘s Sam Altman Says UAE Could Test Potential Global Rules for AI
OpenAI‘s Sam Altman Says UAE Could Test Potential Global Rules for AI
February 13, 2024  |  artificial intelligence

The United Arab Emirates (UAE) is reportedly positioning itself as a leader in regulating and testing artificial intelligence (AI) technologies. Sam Altman, CEO of OpenAI, said...

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Finom Raises $54 Million to Expand Digital Business Banking Solution
Finom Raises $54 Million to Expand Digital Business Banking Solution
February 13, 2024  |  Investments

Finom has raised 50 million euros ($53.6 million) in Series B financing to expand its digital business banking solution in the European Union (EU). The...

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EU Bank Watchdog Warns Lenders of Once ‘Inconceivable’ Risks
EU Bank Watchdog Warns Lenders of Once ‘Inconceivable’ Risks
February 12, 2024  |  Banking

Europe’s new top bank regulator wants lenders to beef up plans for dealing emerging risks. “Many of the issues dominating today’s headlines were inconceivable a decade ago,”...

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Visa and Egyptian Banks Co Partner on Remittance Solutions
Visa and Egyptian Banks Co Partner on Remittance Solutions
February 12, 2024  |  Partnerships

Visa signed an agreement with Egyptian Banks Company to introduce new solutions around electronic payment services, digital wallets and other offerings. The partnership aims to...

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Revolut Adds UK Phone Plans to Bolster Super App Mission
Revolut Adds UK Phone Plans to Bolster Super App Mission
February 12, 2024  |  Mobile Applications

Revolut is reportedly introducing phone plans in its bid to become a “super app.” The plans, open to customers in the FinTech’s home country of...

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