EU

The European Union is a political and economic union of 28 member states that are located primarily in Europe. Its members have a combined area of 4,475,757 km² and an estimated total population of about 513 million.

Source: en.wikipedia.org

Italian Authority Fines OpenAI $15.6 Million for Alleged GDPR Violations
Italian Authority Fines OpenAI $15.6 Million for Alleged GDPR Violations
December 20, 2024  |  Legal

OpenAI said Friday (Dec. 20) that it will appeal a fine imposed by an Italian authority that alleged that the company violated the European Union’s...

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PragmaGO to Expand B2B Embedded Finance Services After Omnicredit Acquisition
PragmaGO to Expand B2B Embedded Finance Services After Omnicredit Acquisition
December 06, 2024  |  Acquisitions

Polish FinTech PragmaGO has completed its acquisition of Romanian FinTech Telecredit IFN (Omnicredit), saying this move will help the company enter more markets in Central, Eastern...

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Compliance Divides Stablecoin Market: Why CFOs and Treasury Teams Should Care
Compliance Divides Stablecoin Market: Why CFOs and Treasury Teams Should Care
December 03, 2024  |  Blockchain

Regulatory clarity sits at the center of the convergence of crypto and traditional finance. And, from the point of view of payments professionals, CFOs and...

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EC Adopts Technical Standards for EU Digital Identity Wallets
EC Adopts Technical Standards for EU Digital Identity Wallets
November 29, 2024  |  Digital Identity

The European Commission (EC) has adopted technical standards for cross-border European Digital Identity (eID) Wallets in the European Union (EU), saying this will help member states...

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Spendesk Launches Payment Institution to Expand Spend Management Platform Capabilities
Spendesk Launches Payment Institution to Expand Spend Management Platform Capabilities
November 27, 2024  |  Spend Management

Spendesk launched a payment institution that enables it to offer payment solutions to its clients across France and the European Union. The new Spendesk Financial...

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Mollie and PayPal Partner on Payment Solutions for Marketplace Platforms
Mollie and PayPal Partner on Payment Solutions for Marketplace Platforms
November 26, 2024  |  Partnerships

Mollie and PayPal have teamed up to deliver payment solutions for marketplace platforms in the European Union (EU) and the United Kingdom. With their new strategic...

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EC: Bluesky Breaches Rules by Not Disclosing Number of Users
EC: Bluesky Breaches Rules by Not Disclosing Number of Users
November 25, 2024  |  Regulation

A European Commission spokesman reportedly said Monday (Nov. 25) that social media platform Bluesky is breaching European Union (EU) rules by not disclosing how many...

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Lenovo Adds Klarna’s Flexible Payment Methods in 15 European Countries
Lenovo Adds Klarna’s Flexible Payment Methods in 15 European Countries
November 22, 2024  |  BNPL

Global technology firm Lenovo now enables shoppers in 15 European countries to use Klarna’s flexible payment methods for purchases on Lenovo.com. This offering includes Klarna’s interest-free buy now,...

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Amazon Marketplace Could Reportedly Face EU Antitrust Case in 2025
Amazon Marketplace Could Reportedly Face EU Antitrust Case in 2025
November 21, 2024  |  Amazon

European regulators are reportedly set to investigate whether Amazon’s marketplace favors its branded products. The European Union (EU) investigation is “likely” to come next year,...

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