European regulators are reportedly granting themselves more authority to police Big Tech’s consumer protection failures. As the Financial Times (FT) reported Sunday (July 12), this comes as part of a larger push by the European Commission (EC) to increase social media protections. According to the...
Eurogroup President Kyriakos Pierrakakis says Europe needs larger banks and more cross-border banking mergers. He made these comments to reporters Monday (May 4) when asked about UniCredit’s plans to acquire Commerzbank. “We need European rather than national champions and yes, we need more banking consolidation in Europe, we...
The Bank of France is pressing for a strengthening of the European Union’s Markets in Crypto-Assets Regulation (MiCA), saying the current regulatory framework does not address all the risks in the sector. Denis Beau, first deputy governor of the Bank of France, said this in...
The European Union needs “a deep regulatory housecleaning — at all levels,” European Commission President Ursula von der Leyen said Tuesday (Feb. 10). Speaking at a European Parliament plenary debate on reviving EU competitiveness, von der Leyen said the European Union must continue to slash bureaucratic...
December 06, 2024
Real-time payments took center stage in 2024, with groundbreaking milestones reshaping how money moves worldwide. From the United States expanding its payment networks to new systems debuting in other regions, the year has been a turning point for faster, more accessible transactions. What follows are some key highlights from the year. In January, Mastercard and […]
November 06, 2024
Real-time payments are becoming increasingly popular worldwide, with new implementations and innovations emerging regularly. The European Union has been a traditional leader in real-time payments, prompting providers to prioritize compliance...
October 02, 2024
Federal Reserve Governor Lisa Cook is tempering expectations of an artificial intelligence (AI) productivity impact, while Malaysia unveiled ambitious plans to become an AI hub and the European Commission assembled...
July 08, 2024
Although France checks in seventh — the first country below the median — in the recently released landmark report by PYMNTS Intelligence, “How the World Does Digital,” its Gen Z...
October 01, 2026
European regulators are reportedly investigating Binance’s use of a legal exemption to keep doing business in the region. That’s according to a report Thursday (Oct. 1) by the Financial Times (FT), which says this exemption has allowed the world’s latest cryptocurrency exchange to remain in Europe despite being ordered to wind down its business after failing to obtain a […]
July 12, 2026
European regulators are reportedly granting themselves more authority to police Big Tech’s consumer protection failures. As the Financial Times (FT) reported Sunday (July 12), this comes as part of a...
May 04, 2026
Eurogroup President Kyriakos Pierrakakis says Europe needs larger banks and more cross-border banking mergers. He made these comments to reporters Monday (May 4) when asked about UniCredit’s plans to acquire Commerzbank. “We need...
April 10, 2026
The Bank of France is pressing for a strengthening of the European Union’s Markets in Crypto-Assets Regulation (MiCA), saying the current regulatory framework does not address all the risks in...
