Eu/page/3 news and trends

OpenAI CEO Sam Altman: EU Regulations Could Limit Access to AI
artificial intelligence // February 07, 2025

OpenAI CEO Sam Altman reportedly said that European Union (EU) regulations could limit the region’s access to artificial intelligence (AI). Speaking Friday (Feb. 7) at an event at the Technical University Berlin, Altman said he’d love to build a European version of Stargate — the recently announced...

EU Readies New AI Restrictions Despite Trump Pushback
Artificial Intelligence // February 04, 2025

European regulators are reportedly preparing new guidance covering banned uses of artificial intelligence. The efforts to enforce Europe’s landmark AI Act come even as President Donald Trump has warned the European Union of targeting American tech giants, the Financial Times (FT) reported Tuesday (Feb. 4)....

Proposed EU Customs Reform Increases Online Platforms’ Responsibilities for Imported Goods
eCommerce // February 02, 2025

A proposed customs reform in the European Union would reportedly shift the responsibility of being an importer from individuals who purchase goods online to the online platforms that sell them. This change is included in a draft proposal that is set to be published Wednesday...

Meta to Appeal Against $831 Million EU Antitrust Fine
Meta // January 29, 2025

Meta says it will fight a $831 million fine levied against the tech giant by the European Union. A company spokesperson told Bloomberg News on Wednesday (Jan. 29) that Meta was appealing the fine. The penalty came after the EU alleged that Meta was tapping...

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
Report: UK Orders Apple to Allow Access to User Data

February 07, 2025
Apple is reportedly facing an order from British authorities to give the government a way to access global user data stored in its cloud services. The authorities asked the tech giant in January, in an undisclosed order, to remove the encryption it uses to secure the data, Bloomberg reported Friday (Feb. 7), citing an unnamed source. They […]

OpenAI CEO Sam Altman: EU Regulations Could Limit Access to AI

February 07, 2025
OpenAI CEO Sam Altman reportedly said that European Union (EU) regulations could limit the region’s access to artificial intelligence (AI). Speaking Friday (Feb. 7) at an event at the Technical University...

EU Readies New AI Restrictions Despite Trump Pushback

February 04, 2025
European regulators are reportedly preparing new guidance covering banned uses of artificial intelligence. The efforts to enforce Europe’s landmark AI Act come even as President Donald Trump has warned the...

Proposed EU Customs Reform Increases Online Platforms’ Responsibilities for Imported Goods

February 02, 2025
A proposed customs reform in the European Union would reportedly shift the responsibility of being an importer from individuals who purchase goods online to the online platforms that sell them....