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Vance: ‘Authoritarian Censorship’ in EU Could Smother AI

Vance: ‘Authoritarian Censorship’ in EU Could Smother AI
Vance: ‘Authoritarian Censorship’ in EU Could Smother AI
February 11, 2025  |  Artificial Intelligence

Vice President JD Vance has reportedly warned Europeans against overregulation of artificial intelligence (AI). Speaking Tuesday (Feb. 11) in Paris, Vance also dismissed AI content moderation as...

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FirstRand Adopts Fiserv’s Cloud-Based Banking Platform
FirstRand Adopts Fiserv’s Cloud-Based Banking Platform
February 06, 2025  |  Banking

FirstRand Group, the largest financial institution by market capitalization in Africa, said Wednesday (Feb. 5) that it will adopt Fiserv’s cloud-based banking platform, Finxact. Finxact...

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EU Aims ‘Bazooka’ at Big Tech in Response to Trump Tariffs
EU Aims ‘Bazooka’ at Big Tech in Response to Trump Tariffs
February 05, 2025  |  Economy

The European Union is reportedly prepared to retaliate if President Donald Trump imposes threatened tariffs. That retaliation could come in the form of restrictions on...

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GoCardless Reduces Losses After 20% Job Cuts
GoCardless Reduces Losses After 20% Job Cuts
February 03, 2025  |  Business

Bank payments firm GoCardless says it lowered losses following a 20% reduction in staff. Now, the company — which also shifted some workers to Eastern Europe —...

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Shein’s Marketplace Reportedly Facing EU Investigation
Shein’s Marketplace Reportedly Facing EU Investigation
February 03, 2025  |  Legal & Regulation

Shein is reportedly facing a probe in Europe over its compliance with consumer laws. The investigation by the European Commission (EC) will look at whether the...

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Swan Raises $43 Million to Expand Embedded Banking Services
Swan Raises $43 Million to Expand Embedded Banking Services
January 30, 2025  |  Investments

French FinTech Swan has raised $43 million to expand its embedded banking offering. The company says the new funding, announced in a Thursday (Jan. 30) blog post, will allow...

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Mollie Expands Tap to Pay on iPhone Availability in Europe
Mollie Expands Tap to Pay on iPhone Availability in Europe
January 28, 2025  |  Mobile Payments

Mollie has expanded its Tap to Pay on iPhone capability to merchants in three more European countries: Austria, Italy and the United Kingdom. With this...

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Google Tells Court EU Antitrust Fine Punishes Innovation
Google Tells Court EU Antitrust Fine Punishes Innovation
January 28, 2025  |  ANTITRUST

Google reportedly told the European Union’s Court of Justice Tuesday (Jan. 28) that the European Commission investigation that resulted in a 4.3 billion euro (about...

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