EMEA

Salv Raises $4.3 Million to Expand Financial Crime Compliance Solutions 
Salv Raises $4.3 Million to Expand Financial Crime Compliance Solutions 
December 14, 2023  |  Investments

Estonia-based Salv, a provider of financial crime compliance solutions, has raised 3.9 million euros ($4.29 million) in new funding to fuel its expansion in the United...

READ MORE >
OTTO Payments Adopts Hawk AI Solutions for AML Compliance
OTTO Payments Adopts Hawk AI Solutions for AML Compliance
December 14, 2023  |  AML

OTTO Payments, the payments division serving the OTTO marketplace, has adopted Hawk AI’s solutions for anti-money laundering (AML) compliance. The organization will use Hawk AI’s...

READ MORE >
Neobanks May Face Squeeze in Europe If X-Border Fee Caps Materialize
Neobanks May Face Squeeze in Europe If X-Border Fee Caps Materialize
December 13, 2023  |  Regulation

Beyond the card networks, among those that may feel the squeeze should cross-border interchange fees see new caps in the United Kingdom are neobanks. As...

READ MORE >
EU to Rule on Apple Music Streaming Case in Early 2024
EU to Rule on Apple Music Streaming Case in Early 2024
December 13, 2023  |  ANTITRUST

The European Union (EU) is reportedly preparing to take action against Apple over alleged anticompetitive practices in its App Store. The EU regulators are investigating...

READ MORE >
Procurement Tool Provider Pivot Raises $21.6 Million to Expand in Europe
Procurement Tool Provider Pivot Raises $21.6 Million to Expand in Europe
December 13, 2023  |  Investments

Procurement tool provider Pivot has secured 20 million euros (about $21.6 million) in Series A funding. This funding round comes six months after the firm’s...

READ MORE >
British Payment Regulator Calls for Cross-Border Card Fee Cap
British Payment Regulator Calls for Cross-Border Card Fee Cap
December 13, 2023  |  Regulation

Visa and Mastercard are under pressure to cap cross-border merchant fees in the U.K. The Payment Systems Regulator (PSR) on Wednesday (Dec. 13) published an update to its review of cross-border...

READ MORE >
Big Tech Campaigns for ‘Open Digital Ecosystems’ in Europe
Big Tech Campaigns for ‘Open Digital Ecosystems’ in Europe
December 13, 2023  |  Big Tech

Google, Meta and other tech firms are lobbying for open digital ecosystems in Europe. The two companies are part of the seven-member Coalition for Open...

READ MORE >
FCA CEO Says UK Rules Already Address Challenges of AI
FCA CEO Says UK Rules Already Address Challenges of AI
December 12, 2023  |  Artificial Intelligence

The Financial Conduct Authority (FCA) in the United Kingdom said Tuesday (Dec. 12) that the country already has a robust framework in place to tackle...

READ MORE >
Apple Will Let Rivals Access Tap-to-Pay System
Apple Will Let Rivals Access Tap-to-Pay System
December 12, 2023  |  Apple

Apple reportedly offered to let competitors access its tap-to-pay mobile wallet system. The agreement could mean the end of a European Union antitrust case and...

READ MORE >