europe

JPMorgan Chase Launches Euro-Denominated Transactions With JPM Coin
JPMorgan Chase Launches Euro-Denominated Transactions With JPM Coin
June 23, 2023  |  Blockchain

J.P. Morgan Chase has launched euro-denominated transactions with its blockchain-based JPM Coin. This offering for corporate clients went live Wednesday (June 21), Bloomberg reported Friday (June 23). Reached by...

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Alibaba to Bring Tmall eCommerce Site to Europe
Alibaba to Bring Tmall eCommerce Site to Europe
June 15, 2023  |  eCommerce

Alibaba, the Chinese eCommerce behemoth, is planning to expand its Tmall eCommerce site to Europe, according to Michael Evans, president of Alibaba Group. Speaking at...

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Worldline Unveils Payment Suite for Electric Vehicle Charging
Worldline Unveils Payment Suite for Electric Vehicle Charging
June 14, 2023  |  Payment Methods

With more drivers going electric, Worldline has debuted an electric vehicle payments tool. The company’s Worldline EV Charging Payments Suite is designed to meet the...

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Month-Old AI Startup Mistral Raises $113 Million
Month-Old AI Startup Mistral Raises $113 Million
June 14, 2023  |  Investments

French startup Mistral AI has reportedly raised a record $113 million in seed funding. The company, founded by artificial intelligence (AI) vets from Google and...

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Eurozone Recession May Hint at What’s to Come for US
Eurozone Recession May Hint at What’s to Come for US
June 13, 2023  |  Economy

Slowed consumer spending led to a recession for the eurozone, stoking speculation of a global pullback. One consequence of a global economy is that when...

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B2B Payments Platform Sprinque Secures $21 Million Debt Facility to Expand Across Europe
B2B Payments Platform Sprinque Secures $21 Million Debt Facility to Expand Across Europe
June 06, 2023  |  Investments

Amsterdam-based B2B payments platform Sprinque has secured a 20-million-euro (about $21 million) debt facility. “We’re extremely happy to be able to share the good news for B2B...

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Mastercard Expands Open Banking Capabilities With Algoan Partnership
Mastercard Expands Open Banking Capabilities With Algoan Partnership
June 06, 2023  |  Authentication

Mastercard is expanding its European open banking capabilities with a new account owner verification tool. The company’s verification solution, announced Tuesday (June 6) in a...

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EU Official Says AI Firms Must Help Block ‘Malicious Actors’
EU Official Says AI Firms Must Help Block ‘Malicious Actors’
June 05, 2023  |  Artificial Intelligence

Should artificial intelligence (AI)-generated content be labeled as such? If that content could be used to spread disinformation, then the answer is yes, European Commission deputy...

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Mastercard and Fabrick Partner on Embedded Finance Solutions in Europe
Mastercard and Fabrick Partner on Embedded Finance Solutions in Europe
May 31, 2023  |  Payment Methods

Mastercard and Fabrick have expanded their partnership to develop embedded finance solutions for European businesses, financial institutions and FinTechs. The strategic partnership builds on the companies’ existing relationship...

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