U.K. FinTech investments have reached a 10-year low amid an overall jump in funding. British financial technology firms took in around $2.5 billion during the...
Real-time clearing and embedded banking provider ClearBank has become a Crypto Asset Service Provider (CASP) under the European Union’s Markets in Crypto-Assets Regulation (MiCA). ClearBank received regulatory confirmation from the...
The Middle East has, in recent years, stood out among the more productive settings for payments innovation, where digital adoption and infrastructure development have advanced...
Global payments and financial platform Airwallex is investing $1.135 billion to fuel its expansion in the United Kingdom and the Europe, Middle East and Africa...
Thousands of European banking sector workers could face AI-related job losses by 2030. Artificial intelligence (AI) and branch closures will drive this trend over the next five...
Ten of Europe’s biggest banks have formed a company to launch a euro-pegged stablecoin. The new venture, dubbed Qivalis, is a joint effort by BNP Paribas, Banca...
Ripple said Thursday (Nov. 27) that its Ripple USD (RLUSD) stablecoin is positioned for further expansion across the Middle East after receiving approval from Abu...
The European Central Bank’s digital euro effort is reportedly facing pushback from banks and lawmakers. The central bank hopes to roll out the digital currency...
A group of Europe’s banks are teaming to develop a euro-denominated stablecoin. The new token is aimed at becoming “a trusted European payment standard in...