Eu/page/20 news and trends

CEOs of Meta and Spotify Say EU Regulations ‘Stifle Innovation’
artificial intelligence // August 23, 2024

European Union (EU) regulations impacting artificial intelligence (AI) may deny the region’s businesses, academics and others the chance to participate in new technology investment and economic growth opportunities, Meta CEO Mark Zuckerberg and Spotify CEO Daniel Ek wrote in a joint statement released Friday (Aug. 23). The CEOs wrote in the statement...

US Eyes Financial AI Regulations as EU Law May Impact Healthcare Tech
artificial intelligence // August 14, 2024

Lawmakers on both sides of the Atlantic are racing to establish artificial intelligence (AI) regulations, with California poised to vote on strict AI oversight as the U.S. Congress considers a “regulatory sandbox” for financial services. Meanwhile, the European Union’s AI Act is set to transform...

Apple Gives Third Parties Access to Tap-and-Go Payments Tech
Apple // August 14, 2024

Apple says it is giving developers access to its near-field communication (NFC) technology. “Starting with iOS 18.1, developers will be able to offer NFC contactless transactions using the Secure Element from within their own apps on iPhone, separate from Apple Pay and Apple Wallet,” the...

Spotify Claims ‘Small Step’ Victory in Apple EU Pricing War
Streaming // August 14, 2024

Spotify gained Apple’s approval to show European Union users pricing information in its iOS app. Spotify is opting into Apple’s “entitlement” for music streaming services, created following the European Commission’s landmark antitrust ruling against the tech giant in March, according to an updated blog post...

Interviews & Exclusives
How the World Does Digital: Germany Lags in Digital Engagement

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” report, which analyzes the digital behaviors of over 817 million consumers across countries such as Brazil, Singapore, the United States, Spain and Italy. The report goes […]

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...

Could France Lead the EU’s Digital Comeback?  

May 27, 2024
After starting the year at a five-year low, France may be in a position to lead venture investment in the EU out of the dark ages. The country has emerged...

Quick Reads
Uber Fined $324 Million for EU Data Protection Breach

August 26, 2024
Uber was fined a record 290 million euros (about $324 million) for failing to protect European driver data. The fine from the Dutch Data Protection Authority (DPA) stems from an investigation that found that the ride-hailing/delivery giant transferred personal data of its drivers to the United States while failing to protect that data, according to […]

CEOs of Meta and Spotify Say EU Regulations ‘Stifle Innovation’

August 23, 2024
European Union (EU) regulations impacting artificial intelligence (AI) may deny the region’s businesses, academics and others the chance to participate in new technology investment and economic growth opportunities, Meta CEO Mark Zuckerberg and Spotify CEO Daniel...

Apple Gives Third Parties Access to Tap-and-Go Payments Tech

August 14, 2024
Apple says it is giving developers access to its near-field communication (NFC) technology. “Starting with iOS 18.1, developers will be able to offer NFC contactless transactions using the Secure Element...

Spotify Claims ‘Small Step’ Victory in Apple EU Pricing War

August 14, 2024
Spotify gained Apple’s approval to show European Union users pricing information in its iOS app. Spotify is opting into Apple’s “entitlement” for music streaming services, created following the European Commission’s...