Tagged: europe

Revolut Announces Global Payments Partnership with Travel Platform Booking.com

Revolut, the global fintech currently claiming more than 65 million global customers and various business customers, has announced a global payments partnership with one of the world’s online travel platforms, Booking.com. Expanding Revolut’s travel offering for customers, Booking.com customers can now pay via Revolut Pay,… Read More

Swiss Stock Exchange SIX Reports CHF 1 Trillion+ in Global Assets Under Custody

The international custody business of SIX has now reportedly surpassed CHF 1 trillion in international assets under custody for the “first time” as the business claims that it is experiencing a solid year. Steady demand for SIX’s custody services was underpinned by the recent international… Read More

PayPal, KKR Extend Agreement for European Pay Later Receivables

PayPal Holdings, Inc. (NASDAQ: PYPL) and KKR, a global investment firm, announced the signing of a new agreement for an up to €6 billion replenishing loan commitment under which credit funds and accounts managed by KKR will purchase “up to €65 billion of buy now,… Read More

CBMT Working Group Introduces Sandbox for Tokenized Bank Money

The Commercial Bank Money Token (CBMT) Working Group announced the launch of the CBMT Sandbox, a test environment for banks and enterprises to pilot CBMT in institutional and corporate use cases. A launch session will be held on November 19 in Frankfurt. As part of… Read More

European Digital Bank N26 to Focus on Business Growth with Key Appointments to Supervisory Board

European digital bank N26 announced the appointment of Dr. Andreas Dombret, Byron Haynes and Dr. Daniel Terberger as new members of its Supervisory Board. They were elected at an Extraordinary General Meeting by shareholders, and will join N26’s Supervisory Board with “immediate effect.” Andreas Dombret… Read More

European Digital Banking Platform CaixaBank Introduces Bitcoin focused Products

CaixaBank and imagin are offering customers two investment vehicles designed to replicate the performance of Bitcoin (BTC), the flagship cryptocurrency. The bank is said to be supporting crypto-assets investment via two ETPs (Exchange Traded Products) – financial instruments that allow participation in the so-called “evolution”… Read More

Cboe Clear Europe Is Developing Securities Financing Transactions Clearing Service

Cboe Global Markets, Inc. (Cboe: CBOE), the derivatives and securities exchange network, announced that Cboe Clear Europe, its pan-European clearing house, has reached a key step in the development of its Securities Financing Transactions (SFT) clearing service, with BNY (NYSE: BK), a financial services company,… Read More

Aave Labs to Launch On and Off-Ramping for Stablecoins with Central Bank of Ireland MiCA Approval

Aave Labs is reporting that it will soon roll out regulated on and off-ramping for its native stablecoin GHO and other stablecoins integrated into Aave Labs products across the European Economic Area via its service, called Push. This service is made possible by Push Virtual… Read More

European Regtech Fourthline Selected by Tiime to Implement French Compliant KYC Solutions

Fourthline, Europe’s identity services provider, has been selected by Tiime, the French specialist in accounting software, as their Identity Verification Partner. The partnership aims to ensure Tiime’s compliance with French regulatory requirements while improving the security as well as overall efficiency of its customer onboarding… Read More

US Treasury Central Clearing Survey : American Firms Have Confidence in Readiness while Europe and Asia Lag Behind

SIFMA, BNY, Broadridge and The Depository Trust & Clearing Corporation (DTCC), in collaboration with The ValueExchange, today released findings from their “U.S. Treasury Central Clearing Pulse Survey”, which draws upon insights from global market participants. The survey, conducted by The ValueExchange, was meant to provide… Read More

USA Dominates Artificial Intelligence (AI) Start Up Funding, Europe Will Suffer Due to Lack of Access to Capital for Early Stage AI Firms

The artificial intelligence (AI) sector is red hot. Sure, some are predicting a bubble, but this is no dot.com bomb from the 2000s. The technology is real, and expectations are that just about every business will benefit from AI. This is a multi-decade transition to… Read More

Cybercrime as a Service: SIM Swap Scam Shuttered in Europe, CEO of Kidas Comments on the Extensive Fraud, Shares How to Avoid SIM Swap Traps

Last month, Europol announced that it had arrested seven individuals who were allegedly perpetrators in a SIM Swap scam operation. Described as a Cybercrime-as-a-Service operation, enforcement agencies took down five servers and seized 1,200 SIM box devices and 40,000 active SIM cards. Thousands of SIM… Read More

Europe Now Seeking Greater AI Sovereignty, Report Claims

A study by Accenture (NYSE: ACN) has revealed that European organizations are placing more emphasis on maintaining control over their data and existing infrastructure which is on track to accelerate the overall demand for sovereign AI. Sovereign AI refers to the ability of a nation… Read More

Euroclear, LCH SA to Enable Clearing Members to Settle Italian Govt Debt Traded on MTS, BrokerTec

Euroclear recently announced a significant enhancement to its partnership with LCH SA, which will enable clearing members to settle all Italian government debt traded on MTS and BrokerTec, and cleared via LCH SA. This will reportedly include cash as well as repo at Euroclear Bank,… Read More

European Alternative Assets Manager Arrow Global Focuses on Middle East with UAE Office

Arrow Global Group Limited, a pan-European alternative asset manager specialising in credit and real estate, announced the opening of its new office in the UAE, strengthening its commitment to one of the world’s financial hubs. Located in the center of the UAE’s financial district, the… Read More

ACI Worldwide Announces Acquisition of European Fintech Payment Components

ACI Worldwide (NASDAQ:ACIW), an enabler of global payments technology, announced that it has acquired Payment Components, a provider of AI-powered financial messaging and Open Banking solutions. ACI will integrate Payment Components tech into ACI Connetic, accelerating the roadmap of the industry’s cloud-native unified payments platform… Read More

European Regtech Fourthline Teams Up with London based crcle to Provide Identity Verification Solutions

Fourthline, Europe’s identity services provider, has been selected by crcle as their Identity Verification Partner. As the “verified” social network, crcle is transforming how Gen-Z connects. Fourthline, as one of the identity service providers operating in Europe, was crcle’s preferred option as it could provide… Read More

Dublin Regtech Fenergo to Focus on AI Advancements with Key Appointments

Dublin-based Regtech Fenergo, a global enabler of AI-powered client lifecycle management (CLM) and financial crime compliance solutions, announced the appointment of key senior executives to strengthen its product development efforts further and support ongoing AI advancements. Sharon Bodkin joins as Vice President, Banking Product; Neil… Read More

Aberdeen Group to Increase Stake in UK’s Tritax Management LLP to 100% in 2029

Aberdeen Group plc is announcing it finalized an agreement to increase its interest in Tritax Management LLP, one of the United Kingdom’s logistics managers, reinforcing its commitment to growth in the UK logistics real estate sector. After the first acquisition of a 60% interest in… Read More

European Neobank bunq to Operate as US Broker-Dealer After FINRA Approval

bunq, which claims to be one of Europe’s largest neobanks, has reportedly been approved by FINRA in order to operate as a US broker-dealer – a move that is said to have been driven by users who reside, work, and invest across Europe as well as… Read More

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