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)

TikTok Suspends Rewards Program Amid EU Pressure
TikTok Suspends Rewards Program Amid EU Pressure
April 24, 2024  |  Social Commerce

TikTok has suspended a rewards program on TikTok Lite amid a dispute with European Union (EU) regulators. “TikTok always seeks to engage constructively with the EU Commission and...

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EU Regulators Set to Accept Apple’s Proposals on Tap-and-Go Tech
EU Regulators Set to Accept Apple’s Proposals on Tap-and-Go Tech
April 19, 2024  |  Apple

European Union (EU) antitrust regulators are reportedly preparing to approve Apple’s tap-and-go mobile payments system proposals as early as May.  The tech company had proposed to open the...

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German Agency Criticizes EY’s Audits of Wirecard
German Agency Criticizes EY’s Audits of Wirecard
April 19, 2024  |  Security & Fraud

A German regulator has reportedly concluded that EY’s audit work and quality control regarding the now-defunct payments firm Wirecard was marked by “grave” and “repeated” violations...

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Why Europe Must End Its 30-Year Digital Winter to Ensure Its Long-Run Future
Why Europe Must End Its 30-Year Digital Winter to Ensure Its Long-Run Future
April 18, 2024  |  Opinion

In the last 30 years, Europe — defined here as the EU plus the U.K., Norway and Switzerland — has created few leading digital businesses...

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Report: Flink Raising Money from Investors, Discussing Merger With Rivals
Report: Flink Raising Money from Investors, Discussing Merger With Rivals
April 17, 2024  |  Investments

German grocery delivery startup Flink is reportedly receiving another 100 million euros ($106.7 million) from investors to extend its runway and try to outlast its competitors....

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European Banking Federation Says EU Should Streamline Regulation
European Banking Federation Says EU Should Streamline Regulation
April 16, 2024  |  Bank Regulation

The European Banking Federation (EBF) is calling on the European Union (EU) to streamline regulation of banks and to declare banks a “strategic sector.” The group is...

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Germany to Deliver Benefits Via Payment Cards Rather Than Cash
Germany to Deliver Benefits Via Payment Cards Rather Than Cash
April 12, 2024  |  Disbursements

The German parliament approved legislation Friday (April 12) that calls for benefits to be delivered to asylum seekers on payment cards rather than cash.  This...

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EU Watchdog: 90% of Crypto Trading Confined to 10 Exchanges
EU Watchdog: 90% of Crypto Trading Confined to 10 Exchanges
April 10, 2024  |  Cryptocurrency

Ten cryptocurrency exchanges account for 90% of the market’s trading. And that concentration could be a problem, according to a report issued Wednesday (April 10) by...

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Blockchain.com and MetaMask Partner to Streamline Adoption of Crypto Payments
Blockchain.com and MetaMask Partner to Streamline Adoption of Crypto Payments
April 09, 2024  |  Partnerships

Blockchain.com and MetaMask partnered to enable seamless and secure cryptocurrency payments. The new partnership includes an integration of Blockchain.com’s crypto payment solution, Blockchain.com Pay, with MetaMask’s self-custodial platform, the...

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