5G network maker Ericsson reportedly has big plans for Africa’s mobile wallet market. The Swedish company’s software helps power more than 400 mobile wallet accounts around the...
European regulators are reviewing whether Microsoft’s involvement with OpenAI warrants further investigation. The European Commission (EC) revealed its interest in the ties between the companies Tuesday (Jan. 9) as...
Barclays reportedly laid off about 5,000 workers in 2023 as part of a cost-cutting campaign. A spokesperson for the British bank told Reuters Monday (Jan. 8)...
Artificial Intelligence (AI) systems have added a new layer to the ongoing and increasingly philosophical debate about whether open-source or proprietary systems are better for...
Europe’s banks are reportedly set to have a much better year than their U.S. rivals. The KBW Bank Index, made up of the top 24...
Cryptocurrency exchanges Coinbase, Crypto.com and Gemini have implemented risk assessments and finance tests for their users in the United Kingdom. These measures are a response to new regulations set by...
The European Central Bank (ECB) Rulebook Development Group (RDG) has drafted the first chapters of a digital euro rulebook. This first draft follows the legislative...
Regulators in Europe are reportedly probing the ties between banks and non-bank financial institutions (NBFIs). This investigation is borne out of concerns about possible contagion due to...
Wirecard’s insolvency manager, Michael Jaffé, filed a lawsuit in a court in Stuttgart against accountancy firm EY. The lawsuit claims 1.5 billion euros (about $1.66...