European Banking Authority Chairman Jose Manuel Campa said the watchdog organization may make reporting requirements for nonbank financial institutions a “next step.” Campa said the rapid expansion of the “shadow banking” sector, which includes hedge funds, private credit providers and insurers, presents a lack of...
European venture capital firm Forestay Capital reportedly raised $220 million to invest in startups in the enterprise artificial intelligence and Software-as-a-Service (SaaS) sectors. This is the second fund from the VC firm that focuses on enterprise technology companies, targets those at the early growth stage,...
At a growing number of tourist destinations in Europe, getting an Uber may mean hopping onboard a boat. The ride-hailing firm is rolling out several Uber Boat options this summer, Uber said in a Tuesday (July 2) press release. In Ibiza, the company will launch...
The European Commission is taking a closer look at the ties between Microsoft and OpenAI. The regulator is sending a follow-up request for information “to understand whether certain exclusivity clauses could have a negative effect on competitors,” European Commission Executive Vice President Margrethe Vestager said...
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 a continuum of commerce, content and payments. But Apple’s opening its payments tech and its App store to rivals in Europe, which seemingly loosens some […]
March 28, 2024
European middle-market firms have the second-highest need for working capital solutions. That’s according to “The 2023-2024 Growth Corporates Working Capital Index: Europe Edition,” a PYMNTS Intelligence and Visa collaboration that...
February 21, 2024
In Europe, a central bank digital currency (CBDC) has inched closer to reality, by virtue of a vote. As a result, the United States may have to play a bit...
February 20, 2024
Access to working capital enables all types of companies to avoid operational disturbances in the short term and to power growth for the long term. In Europe, 79% of Growth...
July 09, 2024
European Banking Authority Chairman Jose Manuel Campa said the watchdog organization may make reporting requirements for nonbank financial institutions a “next step.” Campa said the rapid expansion of the “shadow banking” sector, which includes hedge funds, private credit providers and insurers, presents a lack of transparency and the potential to have problems that could extend […]
July 03, 2024
European venture capital firm Forestay Capital reportedly raised $220 million to invest in startups in the enterprise artificial intelligence and Software-as-a-Service (SaaS) sectors. This is the second fund from the...
July 02, 2024
At a growing number of tourist destinations in Europe, getting an Uber may mean hopping onboard a boat. The ride-hailing firm is rolling out several Uber Boat options this summer,...
June 28, 2024
The European Commission is taking a closer look at the ties between Microsoft and OpenAI. The regulator is sending a follow-up request for information “to understand whether certain exclusivity clauses...
