europe

HSBC Reorganization Slashes 35K Positions, $100B Assets
HSBC Reorganization Slashes 35K Positions, $100B Assets
February 18, 2020  |  International

Europe’s biggest bank by assets, HSBC, is slashing 35,000 jobs and $100 billion in assets as it moves to streamline business functions in the U.S.,...

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French FinTech Closes $4M For New Neobank
French FinTech Closes $4M For New Neobank
February 18, 2020  |  B2B Payments

FinTech startup EasyEuro — based in both Paris, France and Shenzhen, China — has closed a $4 million pre-funding deal to launch a Neobank (a...

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Europe Tells G20 To Tackle Tech Firm Taxation
Europe Tells G20 To Tackle Tech Firm Taxation
February 14, 2020  |  Europe

Europe has long sought to make very profitable Big Tech companies conducting business through the web pay tax where they sell their offerings instead of...

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Facebook Ireland Holds Up Dating Feature Over Regulator GDPR Compliance Concerns
Facebook Ireland Holds Up Dating Feature Over Regulator GDPR Compliance Concerns
February 12, 2020  |  Facebook

Facebook Ireland put its planned dating feature on hold following a raid by the Irish Data Protection Commission (DPC) on Wednesday (Feb. 12), according to reports....

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EU Softens Stance On 5-Year Ban Of Facial Recognition Tech
EU Softens Stance On 5-Year Ban Of Facial Recognition Tech
February 12, 2020  |  Biometrics

The European Union won’t be passing a blanket moratorium on facial recognition software after initially signaling that it would do so. Get the Full Story Complete...

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EU Regulators Want Single Data Market In Europe
EU Regulators Want Single Data Market In Europe
February 03, 2020  |  Regulation

In Europe, another regulatory salvo may be aimed at U.S. tech firms’ dominance across online platforms, and the collection and use of data. Get the...

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Monetary Authority Of Singapore: What It Will Take To Win Digital Banking Licenses
Monetary Authority Of Singapore: What It Will Take To Win Digital Banking Licenses
January 31, 2020  |  Regulation

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Consumer Morale Up In Major European Economies
Consumer Morale Up In Major European Economies
January 30, 2020  |  Europe

Data indicate that the three biggest economies in the eurozone, France, Germany, and Italy, all report higher-than-expected consumer morale as shoppers continue to open their...

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Mastercard Propels Cardlay’s Biz Card Solution Across Europe
Mastercard Propels Cardlay’s Biz Card Solution Across Europe
January 27, 2020  |  B2B Payments

Commercial card technology company Cardlay, based in Denmark, has announced a partnership with Mastercard Europe, expanding the FinTech’s reach throughout the continent via Mastercard’s network...

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