EMEA

EU Makes Instant Payments the Law of the Land

EU Makes Instant Payments the Law of the Land
EU Makes Instant Payments the Law of the Land
February 26, 2024  |  Real-Time Payments

Making instant payments in the European Union (EU) just became much easier. The European Council on Monday (Feb. 26) adopted a regulation making instant payments available in euros to...

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Report: Uber Considers Investment in African Vehicle Financing Startup Moove
Report: Uber Considers Investment in African Vehicle Financing Startup Moove
February 23, 2024  |  Investments

Uber is reportedly considering joining other investors in a funding round for Moove, an African vehicle financing startup. The funding round could total between $75...

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Swiss National Bank Says Merchant Cash Acceptance Unchanged Since 2021
Swiss National Bank Says Merchant Cash Acceptance Unchanged Since 2021
February 23, 2024  |  Cash

Swiss National Bank (SNB) Vice Chairman Martin Schlegel said Friday (Feb. 23) that physical cash will never disappear from use in Switzerland, despite the popularity...

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Jasper Acquires Clipdrop to Enhance AI Copilot for Marketing Teams
Jasper Acquires Clipdrop to Enhance AI Copilot for Marketing Teams
February 22, 2024  |  Artificial Intelligence

Jasper, a generative artificial intelligence app company, acquired Clipdrop, an AI image creation and editing platform, from Stability AI. The move not only strengthens Jasper’s...

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Raiffeisen Bank International Discloses Investigation by Austrian Financial Regulator FMA
Raiffeisen Bank International Discloses Investigation by Austrian Financial Regulator FMA
February 22, 2024  |  AML

Raiffeisen Bank International (RBI) disclosed Thursday (Feb. 22) that it is being investigated by Austria’s financial regulator, FMA, over alleged anti-money laundering (AML) failures. The bank said...

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Zilch Unveils BNPL Plan for ‘Significant Purchases’
Zilch Unveils BNPL Plan for ‘Significant Purchases’
February 22, 2024  |  BNPL

British buy now, pay later (BNPL) firm Zilch has launched a new credit payment product. The company says its “Pay over 3 months” product, announced Thursday...

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BVNK Gets Electronic Money License to Expand Operations and Customer Support
BVNK Gets Electronic Money License to Expand Operations and Customer Support
February 21, 2024  |  B2B Payments

B2B payments platform BVNK announced that its electronic money institution (EMI) license is now live in Europe. The move is expected to enhance the company’s...

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Germany’s Financial Regulator BaFin Set to Relax Crackdown on FinTechs
Germany’s Financial Regulator BaFin Set to Relax Crackdown on FinTechs
February 21, 2024  |  Legal & Regulation

Germany’s financial regulator, BaFin, is reportedly set to relax its crackdown on FinTechs. The move comes after several firms improved their controls, BaFin Executive Director...

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