Payments FinTech SumUp has raised $307 million to expand its footprint and develop new services. The British company, whose products include point-of-sale card readers, announced...
European Union (EU) negotiators are reportedly engaged in discussions to establish the most comprehensive regulation of artificial intelligence (AI) in the western world. After a marathon...
The United Kingdom’s Financial Conduct Authority (FCA) and government are considering ways to allow the delivery of more advice and support to consumers to support their...
The United Kingdom’s Competition and Markets Authority (CMA) is gathering information on the partnership between Microsoft and OpenAI. The regulator aims to determine if “recent developments” have resulted in a...
J.P. Morgan Payments processed a record number of card-not-present transactions in Europe on both Black Friday (Nov. 24) and Cyber Monday (Nov. 27). The firm...
Could tech giants like Google and Amazon fall under the purview of British financial regulators? A trio of those regulators — The Bank of England, Prudential Regulation...
Europe’s new AI legislation could reportedly go easy on open-source artificial intelligence models. Lawmakers in Europe were still hammering out the details of the landmark AI Act...
Payment processor Enfuce and Visa have expanded their partnership to introduce a new mobility card. The collaboration, announced Wednesday (Dec. 6), lets the two companies deliver the Visa Fleet 2.0...
England’s central bank says AI may pose a risk to the country’s financial system. Bank of England Governor Andrew Bailey said Wednesday (Dec. 6) that banks and investors...