Germany is planning to temporarily take stakes in high-tech companies in order to stop investors from non-EU countries from acquiring them. The...
Data shows that consumer confidence in the European Union has fallen to its lowest level since the end of last year. According...
The European Union’s executive branch has called for urgent action to reverse what it believes is the region’s heavy reliance on computer...
In a move that increases pressure on multinationals, European Union commissioners-designate said the bloc should come to an agreement on a digital...
Margrethe Vestager, the EU’s competition commissioner, is preparing to leave office with a bang, launching an investigation into Amazon while also preparing...
With a new carsharing service that is like GM’s Maven or Car2Go but has all-electric vehicles, Volkswagen is rolling out WeShare in...
A European Union (EU) official has revealed that the European Commission (EC) is taking a close look into past money laundering cases...
A European Central Bank (ECB) policymaker has called bank mergers in the EU “desirable,” but admits that it’s ultimately up to individual...
France’s lower parliament has passed a proposed tax that targets the revenue of tech giants like Google, Amazon and Facebook. Last month,...
Ahead of the U.K.’s potential departure from the European Union, the bloc’s banking watchdog is imploring member states to protect the deposits of...
Retailers in the U.K. had a poor showing during the holiday shopping season; The Financial Times reported that despite steep price cuts, retail...
France, which had vowed to start taxing Google, Apple, Facebook, and Amazon in December if the European Union failed to agree on...
U.K. retailers are warning of a bad holiday shopping season. Mike Ashley, head of the Sports Direct chain, warned that the situation...
France’s major banks have agreed to freeze the fees they charge next year in an effort to stop “yellow vest” protests that...
As the Riksbank seeks to adapt to a society that is turning to cashless payment methods, the Swedish central bank is considering issuing...
The European Commission announced Wednesday (October 10) that it plans to provide European Union states with guidelines for handling national schemes to...
Following a complaint from Citizens Advice, Britain’s competition regulator might investigate financial service and telecom companies. The group had contended that consumers...
With cash use still popular in Europe, and the technology behind digital money remaining fragile, the European Central Bank (ECB) doesn’t intend...
Following scandals at European lenders, the European Central Bank (ECB) wants the European Union (EU) to step up enforcement of anti-money laundering...
The EU, in concept, is meant to create a single, free-trade zone where consumers can move goods and services easily and without...
When trying to understand the new eIDAS regulations set to go officially online in the EU in September, it helps, Trulioo GM...
To help attain financial independence, Europe has reportedly been working on a money transfer system. It would be separate from the prevailing...
As consumer debt levels in the U.K. are on the rise and debt collection groups are reportedly not paying voluntary contributions, providers...
The Payments Systems Regulator (PSR), Britain’s official payment watchdog group, has announced it will be reviewing banks that process card transactions on...
A revamped Bank of England (BoE) payments system is expected to connect with FinTech firms using distributed ledger technology (DLT). According to...
Brussels has rejected the U.K.’s proposals on how to govern London’s access to the European market after Brexit. According to the Financial Times,...
A startup in the United Kingdom called Marshmallow has raised $1.2 million in seed funding as it tries to use digital technology...
SWIFT, as an organization, bills itself as a neutral player in the global economic system. That’s why the recent international flare-up over...
After raising $37 million in a funding round backed by investors such as Idinvest and Allianz, French lending platform Lendix is eyeing...
In response to an increase of Chinese acquisitions of European rivals, the European Parliament’s international trade committee has approved a proposal calling...
To make sure they can compete with the United States and China, France and Germany want an EU-wide initiative that will fund...
Flywire, a provider of global payment and receivables solutions, has announced a major expansion of its U.K. and European operations and team....
While the European Banking Authority has created a “roadmap” on how to regulate emerging FinTech services, the body is not keen on...
As the European Union (EU) prepares for the U.K.’s exit from the bloc next year, the EU’s executive is set to propose...
Latvia’s top banking official and key European Central Bank member Ilmārs Rimšēvičs is currently facing accusations of bribery and money laundering. Latvian Prime...
In an attempt to compete against the U.S. and Asia in the financial technology sector, Brussels will propose pan-EU licenses to help...
The European Payments Council has announced the launch of its Single Euro Payments Area (SEPA) Instant Credit Transfer (SCT Inst), which enables...
Revolut — a U.K.-based financial technology firm — said Wednesday that it has applied for a European banking license, making it the...
EU antitrust authorities have launched an investigation into whether Dutch and Polish banking associations and their members are blocking FinTech companies from...
Anyone who has ever been accused of wasting money with the phrase “flushed it down the toilet” will likely be tickled to...
Germany, France, Italy and Spain’s finance ministers have announced plans to tax tech multinationals, such as Amazon and Alphabet Inc./Google, based on...
The head of Europol is calling for tighter controls after the organization found that money laundering goes mostly uninvestigated, despite the fact...
Worldpay has granted its U.S. buyer Vantiv a week-long extension to get its takeover bid in order. Vantiv has already agreed to...
Europe sets the pace for fashion, finance … and fraud? As EMV gains traction in the States, the chip card revolution on the...
Samsung’s venture capital arm has announced it will use a $150 million global funding round to invest in Europe’s startup scene. CNBC...
It seems things have not turned out quite as expected for Theresa May and her Conservative government in the U.K. The plan...
European banks are imploring the European Commission not to give in to the demands of FinTech firms and cancel the implementation of...
Donald Trump’s immigration policies may or may not be good for America. But, the world’s biggest travel companies claimed, they are definitely...
Getting the week off with a bit of a bang, it looks like some European payments power players are joining up to...
Big banks, since the halcyon days of the Great Recession, have had a long sit in the naughty chair — widely maligned as...