europe

VC Firm Presto Ventures Raises $36M for B2B Startups
VC Firm Presto Ventures Raises $36M for B2B Startups
June 24, 2022  |  B2B Payments

Czech venture capital (VC) fund Presto Ventures has wrapped a €30 million ($36.8 million) funding round to help early-stage B2B startups in Central and Eastern...

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EBA’s Report Includes Crypto, Payments and AML as 2022 Priorities 
EBA’s Report Includes Crypto, Payments and AML as 2022 Priorities 
June 17, 2022  |  Bank Regulation

The European Banking Authority (EBA) published on Wednesday, June 15, its Annual Report which describes in detail the activities and achievements of the Authority in...

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EU Commissioner Urges Parliament to Adopt Crypto Rules to Protect Consumers 
EU Commissioner Urges Parliament to Adopt Crypto Rules to Protect Consumers 
June 15, 2022  |  Cryptocurrency

Mairead McGuinness, EU’s Commissioner for financial services, told members of the European Parliament (MEP) on Tuesday 14 that given the recent developments in the crypto...

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Europe’s Digital Transformation Slowed by Lack of Engagement From Older Generations
Europe’s Digital Transformation Slowed by Lack of Engagement From Older Generations
June 15, 2022  |  Connected Economy

The concept of digital engagement is frequently used to assess to what extent people use internet-connected devices in their day-to-day lives. Many people assume that...

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EU Faces Citizens’ Opposition in Race for Digital Euro
EU Faces Citizens’ Opposition in Race for Digital Euro
June 13, 2022  |  CBDC

The European Commission will close a public consultation on the digital euro on Tuesday (June 14), after feedback from EU citizens indicated that a central...

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Apple Complies With Dutch Regulators, Allows Other Payment Methods on Dating Apps
Apple Complies With Dutch Regulators, Allows Other Payment Methods on Dating Apps
June 12, 2022  |  Mobile Applications

Apple now plans to allow other methods of payment for Dutch dating apps, after intervention from the Netherlands Authority for Consumers and Markets (ACM), a...

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Mastercard Debuts Open Banking Feature ‘Pay By Link’
Mastercard Debuts Open Banking Feature ‘Pay By Link’
June 07, 2022  |  Payment Methods

Mastercard debuted its Pay by Link payments feature at Money 20/20 Europe, leaning on European open banking platform Aiia to allow businesses to send their customers...

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Western Union Signals Grand Neobank Ambitions With Marqeta Pact
Western Union Signals Grand Neobank Ambitions With Marqeta Pact
June 07, 2022  |  Digital-First Banking

In one fell swoop, Western Union may become the biggest neobank of all — and its reach already touches roughly 150 million customers across 200...

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Marqeta Partners With Western Union for Digital Banking in Europe
Marqeta Partners With Western Union for Digital Banking in Europe
June 07, 2022  |  Partnerships

Card issuing platform Marqeta is partnering with global money transfer giant Western Union and will integrate into Western Union’s digital banking platform in Europe. Get...

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