EMEA

British Banks Split on Charging Fraud Reimbursement Fees
British Banks Split on Charging Fraud Reimbursement Fees
September 30, 2024  |  Banking

British lenders are reportedly divided over whether to charge scam victims under new fraud reimbursement rules. Beginning Oct. 7, banks in the U.K. will be...

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EPI Rolls Out Wero Instant Payment Solution Across Western Europe
EPI Rolls Out Wero Instant Payment Solution Across Western Europe
September 27, 2024  |  Digital Payments

A new digital wallet and instant payment solution dubbed “Wero” is reportedly being rolled out across western Europe. Backed by 16 of the European Union’s...

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Dubai Wants Crypto Companies to Warn Customers of Risks
Dubai Wants Crypto Companies to Warn Customers of Risks
September 26, 2024  |  Cryptocurrency

Dubai’s cryptocurrency regulator reportedly wants companies to warn customers of the risks of digital currencies. The Virtual Assets Regulatory Authority (VARA) updated its guidelines and...

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LinkedIn’s 930 Million Users Unknowingly Train AI, Sparking Data Privacy Concerns
LinkedIn’s 930 Million Users Unknowingly Train AI, Sparking Data Privacy Concerns
September 24, 2024  |  artificial intelligence

LinkedIn has thrust its 930 million users into an unexpected role: unwitting AI trainers, igniting a firestorm over data privacy and consumer trust. The professional...

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Mastercard Taps AI to Tackle UK APP Fraud Epidemic
Mastercard Taps AI to Tackle UK APP Fraud Epidemic
September 24, 2024  |  Fraud Prevention

Mastercard has introduced what it says are new protections against real-time payment scams. The update to the company’s Consumer Fraud Risk (CFR) solution, announced Tuesday (Sept. 24), uses...

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Bahrain’s AI Push in Middle East Could Serve as Model for Region, Experts Say
Bahrain’s AI Push in Middle East Could Serve as Model for Region, Experts Say
September 23, 2024  |  Artificial Intelligence

Bahrain, an archipelago nation of 1.5 million people, is emerging as an unlikely leader in the artificial intelligence race in the Middle East. Bahrain’s push...

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Phacet Raises $4 Million to Bring AI Tools to Small Businesses
Phacet Raises $4 Million to Bring AI Tools to Small Businesses
September 23, 2024  |  Investments

Artificial intelligence (AI) startup Phacet has reportedly raised $4.4 million for its small business-based solutions. The seed funding round comes as the Paris-based company is working to...

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Jump Raises $12.2 Million to Grow Platform for French Freelancers
Jump Raises $12.2 Million to Grow Platform for French Freelancers
September 23, 2024  |  Investments

Jump has raised 11 million euros (about $12.2 million) to grow its platform that provides French freelancers with some of the benefits associated with traditional...

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Report: JPMorgan Chase Trials UK Credit Card on Mobile App
Report: JPMorgan Chase Trials UK Credit Card on Mobile App
September 20, 2024  |  Banking

JPMorgan Chase is reportedly testing a credit card product in the United Kingdom. The bank has been working on the product for over a year...

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