Tag: Europe

August 18, 2023

In a proactive step, Innovate Finance has articulated its vision in response to HM Treasury’s recent call for strategies on refining and gauging the success of UK financial regulators’ new competitiveness objectives. This dialogue comes on the heels of the […]

May 17, 2023

At a meeting on Tuesday, the EU Council, composed of the finance ministers of the member states, adopted the Markets in Crypto Assets (MiCA) legislation. The set of rules brings crypto assets, their issuers and crypto service providers under a […]

December 23, 2022

J.P. Morgan closes on a 48.5 per cent ownership stake in Viva Wallet and it continues its Greek expansion. Athens-headquartered Viva Wallet is a cloud-based payments fintech company founded in 2000. It offers value-added services to merchants including tap-to-device technology, […]

December 19, 2022

Ninety-three per cent of SMEs in the tech sector are not paid on time for providing goods and services, according to research from alternative funding provider Growth Lending. Its Don’t Bank On It report also reveals that a third of […]

December 14, 2022

Through the partnership Regnology will support the central bank with its Data Management Maturity Programme (DAMAMA) initiative – which aims to transform its data management capabilities and establish a unified regulatory reporting platform. Regnology’s technology platform and Regulator 3 solution […]

November 17, 2022

The crypto firm is looking to make cross-border payments faster, cheaper and more transparent. It explained that in its current state, cross-border payments are slow and unreliable; charging expensive fees. The average fee for consumers to send money across borders […]

November 9, 2022

Twenty-two per cent of CEOs, chairmen and directors admit that the banks and building societies they work for are unlikely to become compliant with the regulation by the time the April deadline comes around. This is the central concern of […]

October 28, 2022

Forty-eight per cent of people do not want to rely on their bank for help during a recession. The digital transformation firm’s newly launched ‘Banking Disruption Index‘ for the UK. This first edition of the index is to become a […]

September 23, 2022

Members include: Armalytix, Crezco, finAPI, GoCardless, Nuapay, Ordo, Plaid, Token, TrueLayer, Volt.io, Worldline, Worldpay, Yapily. With the introduction of legislation in 2016 (the Payment Services Directive [PSD2]) consumers and businesses were given the right, for the first time, to access […]