Innovation traditionally moves faster than regulation. Except, as it seems, when it sometimes comes to modernizing legacy banking and payments core infrastructure, where regulation can get the edge. As covered here, nearly three-quarters of banks (73%) remain unprepared for compliance with the ISO 20022 financial...
Visa and spend management solution provider Qashio have partnered to launch a B2B travel payments solution in the United Arab Emirates (UAE), the Middle East and North Africa (MENA) region, Europe and the United Kingdom. Their launch of the Visa Commercial Choice Travel program in these areas...
Digital assets platform MoonPay said it is among the first companies approved under Europe’s cryptocurrency regulation. The company secured approval under the Markets in Crypto-Assets (MiCA) regulation, passed by the European Parliament last year, according to a Monday (Dec. 30) press release. The rule creates...
The United Kingdom’s Payment Systems Regulator (PSR) proposed a price cap on cross-border interchange fees and is seeking comment on the level at which the cap should be set. The PSR is doing so after publishing a final report on its market review in which...
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 figures like Appian CEO Matt Calkins demand stronger IP protections, underscoring the challenges facing policymakers and businesses in the rapidly evolving AI landscape. European Tech […]
September 03, 2024
Digitization over the past decade-plus has transformed the back office with next-generation software solutions. But it’s not just the back office; innovations like digital wallets have been transforming the proverbial...
July 12, 2024
For Apple, the iPhone and the App Store have historically been linchpins for its ecosystem — where the hardware is an onramp to a broad range of services that forge...
March 28, 2024
European middle-market firms have the second-highest need for working capital solutions. That’s according to “The 2023-2024 Growth Corporates Working Capital Index: Europe Edition,” a PYMNTS Intelligence and Visa collaboration that...
January 12, 2025
Europe’s economic loss has appears to have been the private equity sector’s gain. As the Financial Times (FT) reported Sunday (Jan. 12), private equity (PE) firms boosted their activity in the region during 2024, taking advantage of Europe’s economic downturn to purchase big companies at lower valuations. The total value of buyout deals in Europe […]
January 06, 2025
Visa and spend management solution provider Qashio have partnered to launch a B2B travel payments solution in the United Arab Emirates (UAE), the Middle East and North Africa (MENA) region, Europe and...
December 30, 2024
Digital assets platform MoonPay said it is among the first companies approved under Europe’s cryptocurrency regulation. The company secured approval under the Markets in Crypto-Assets (MiCA) regulation, passed by the...
December 13, 2024
The United Kingdom’s Payment Systems Regulator (PSR) proposed a price cap on cross-border interchange fees and is seeking comment on the level at which the cap should be set. The...
