Eu news and trends

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

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 and Western Europe in the coming years. This acquisition adds Omnicredit’s digital financial solutions for small- to medium-sized businesses (SMBs)...

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

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 treasury teams, stablecoins sit at the center of crypto’s potential within enterprise and corporate finance applications. These digital assets —...

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

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 build their own wallets and release them by the end of 2026. The implementing regulations include uniform standards, specifications and...

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

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 Services is regulated by the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and includes a collaboration with Visa, Spendesk...

Interviews & Exclusives
Meta, Klarna and Spotify Join Call for EU Regulations for AI

September 25, 2024
As European tech leaders urge regulatory clarity to stay competitive in artificial intelligence, New York lawmakers contemplate stricter controls, highlighting the global struggle to balance innovation and oversight. Meanwhile, industry figures like Appian CEO Matt Calkins demand stronger IP protections, underscoring the challenges facing policymakers and businesses in the rapidly evolving AI landscape. European Tech […]

Cash Rich, Digital Poor? The Paradox of German Economic Culture

July 18, 2024
As the largest economy in the European Union, Germany surprisingly ranks near the bottom in digital engagement among the 11 countries studied in PYMNTS Intelligence’s “How the World Does Digital”...

Trending: Next Steps for Apple as It Opens Its Ecosystem in Europe

July 12, 2024
For Apple, the iPhone and the App Store have historically been linchpins for its ecosystem — where the hardware is an onramp to a broad range of services that forge...

Digital IDs and Biometrics Upgrades Define Future of Transaction Security

June 11, 2024
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 use are emerging as components...

Quick Reads
Italian Authority Fines OpenAI $15.6 Million for Alleged GDPR Violations

December 20, 2024
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 General Data Protection Regulation (GDPR). Italy’s data protection agency, the Garante, fined OpenAI 15 million euros (about $15.6 million), saying it found that the company used personal data to train ChatGPT without […]

PragmaGO to Expand B2B Embedded Finance Services After Omnicredit Acquisition

December 06, 2024
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 and Western Europe in the...

EC Adopts Technical Standards for EU Digital Identity Wallets

November 29, 2024
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 build their own wallets and...

Spendesk Launches Payment Institution to Expand Spend Management Platform Capabilities

November 27, 2024
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 Services is regulated by the...