PYMNTS-MonitorEdge-May-2024

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

Apple Withholds AI, Other Offerings From EU amid DMA Conflicts
Apple Withholds AI, Other Offerings From EU amid DMA Conflicts
June 21, 2024  |  Apple

Apple will reportedly withhold several new technologies from consumers in the European Union (EU). The company will block the release of Apple Intelligence, iPhone Mirroring and SharePlay Screen Sharing in...

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Report: Santander and Amazon Negotiating Consumer Finance Partnership in EU
Report: Santander and Amazon Negotiating Consumer Finance Partnership in EU
June 21, 2024  |  Partnerships

Banco Santander and Amazon are reportedly close to reaching a deal in which the bank would provide financing options for Amazon shoppers across the Europe Union...

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Report: Apple Aims to Settle EU Investigation Involving Contactless Payments
Report: Apple Aims to Settle EU Investigation Involving Contactless Payments
June 18, 2024  |  Apple

Apple has reportedly made concessions to end a European Union (EU) antitrust investigation into its mobile payments system. The tech giant will give its rivals more access...

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Apple’s App Store, Meta’s AI Assistant Face Challenges in Europe
Apple’s App Store, Meta’s AI Assistant Face Challenges in Europe
June 14, 2024  |  Regulation

Two American tech giants are reportedly facing new regulatory challenges in Europe. One case involves Apple’s App Store, while the other centers on Meta’s artificial intelligence (AI) assistant, Meta...

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BNP Paribas and BPCE Partner to Create Payment Processor
BNP Paribas and BPCE Partner to Create Payment Processor
June 13, 2024  |  Partnerships

BNP Paribas and BPCE have partnered to create a payment processor that would handle all card payments from the two banks in Europe and could also...

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AI Regulation: Global Picture Balances Innovation and Insight
AI Regulation: Global Picture Balances Innovation and Insight
June 12, 2024  |  artificial intelligence

The global artificial intelligence (AI) landscape is undergoing significant shifts as regulators grapple with the technology’s rapid advancements. While the U.S. and Europe are considering...

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Digital IDs and Biometrics Upgrades Define Future of Transaction Security
Digital IDs and Biometrics Upgrades Define Future of Transaction Security
June 11, 2024  |  Authentication

The interlinked future of digital identity and biometrics is already starting to transform payments. As digital wallets increasingly gain traction, the security features driving their...

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What EU MiCA’s July Implementation Means for Global Regulation
What EU MiCA’s July Implementation Means for Global Regulation
June 10, 2024  |  Cryptocurrency

Stablecoins sit at the center of the crypto sector’s goals for a return to form. That’s because stablecoin digital assets, which are designed to maintain...

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Lydia Turns to Marqeta to Power Sumeria Banking App
Lydia Turns to Marqeta to Power Sumeria Banking App
June 04, 2024  |  Partnerships

Card-issuing platform Marqeta has expanded its partnership with French payments firm Lydia. This extended collaboration, announced Tuesday (June 4), will see Marqeta power Lydia’s European...

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