Eu news and trends

European CEOs Call for Investment in AI Infrastructure
Artificial Intelligence // January 23, 2025

President Donald Trump’s announcement of Stargate, a $500 billion investment in artificial intelligence infrastructure, reportedly spurred calls for a similar initiative in Europe. SAP CEO Christian Klein told CNBC in a report posted Thursday (Jan. 23) that Europe’s lawmakers and businesses should work to implement...

Dutch Government Wants to Halt BNPL Rollout in Brick-and-Mortar Stores
BNPL // January 22, 2025

The Dutch government reportedly wants to stop the rollout of buy now, pay later (BNPL) in the country’s brick-and-mortar retail stores. Finance Minister Eelco Heinen said in a letter to parliament that the payment method poses financial risks to consumers, Reuters reported Wednesday (Jan. 22). While...

AI Regulations: Trump Repeals Biden’s Order, French Minister Critiques EU AI Act
artificial intelligence // January 22, 2025

As expected, President Donald Trump repealed his predecessor Joe Biden’s 2023 artificial intelligence (AI) regulations on his first day in office. The former executive order would have required the federal government to vet the advanced AI models of major developers such as OpenAI, Google, Amazon...

New Security Regulations Focus EU FIs on Third-Party Risk Management
Cybersecurity // January 17, 2025

With the Digital Operational Resilience Act (DORA) now in effect, organizations must pivot from preparation to active compliance and ongoing risk management, That’s according to Carl Leonard, EMEA cybersecurity strategist at Proofpoint. In an interview with PYMNTS, Leonard said that true organizational resilience requires ongoing...

Interviews & Exclusives
New Security Regulations Focus EU FIs on Third-Party Risk Management

January 17, 2025
With the Digital Operational Resilience Act (DORA) now in effect, organizations must pivot from preparation to active compliance and ongoing risk management, That’s according to Carl Leonard, EMEA cybersecurity strategist at Proofpoint. In an interview with PYMNTS, Leonard said that true organizational resilience requires ongoing effort beyond compliance, with regular risk assessments and integration of […]

EU’s Instant Payments Deadlines Loom With Challenges for X-Border Payments

January 08, 2025
Instant payments in the European Union will reach a milestone Thursday (Jan. 9). That’s when banks and payment service providers must be able to receive instant payments. Through the past...

PSD3’s Global Reach Brings US Financial Firms New Compliance Challenges

January 06, 2025
The newest update to the Payment Services Directive, PSD3, has been two years in the making, and final guidelines are expected to come this year. While the changes will be...

Meta, Klarna and Spotify Join Call for EU Regulations for AI

September 25, 2024
As European tech leaders urge regulatory clarity to stay competitive in artificial intelligence, New York lawmakers contemplate stricter controls, highlighting the global struggle to balance innovation and oversight. Meanwhile, industry...

Quick Reads
Epic to Add Third-Party Games to Marketplace App

January 23, 2025
Epic Games will reportedly add third-party games to its marketplace app on Android globally and on Apple iOS in the European Union. “The news is out,” the company said in a Thursday (Jan. 23) post on social platform X. “We’re bringing a bunch of awesome new third-party games to the Epic Games Store on mobile […]

European CEOs Call for Investment in AI Infrastructure

January 23, 2025
President Donald Trump’s announcement of Stargate, a $500 billion investment in artificial intelligence infrastructure, reportedly spurred calls for a similar initiative in Europe. SAP CEO Christian Klein told CNBC in...

Dutch Government Wants to Halt BNPL Rollout in Brick-and-Mortar Stores

January 22, 2025
The Dutch government reportedly wants to stop the rollout of buy now, pay later (BNPL) in the country’s brick-and-mortar retail stores. Finance Minister Eelco Heinen said in a letter to parliament...

Smartfin to Invest $257 Million in European B2B Tech Companies

January 09, 2025
Growth equity investor Smartfin has closed a new growth fund at 250 million euros (about $257 million), saying it will focus on growth-stage B2B technology companies across Europe. Dubbed Smartfin Capital...