Tagged: europe

June 7, 2025 @ 5:36 pm By Omar Faridi  |  

KPMG has noted that generative AI is becoming an integral part of German companies. KPMG also recently mentioned that “91% of companies now see it as crucial to their business model and future value creation – compared to 55% in the previous year.” This was… Read More

June 7, 2025 @ 5:30 pm By Omar Faridi  |  

To facilitate the development and deployment of generative AI use cases in its businesses and functions, BNP Paribas has designed and deployed an internal LLM as a Service platform. Operated by the Group’s IT teams, this technology, allows each entity to access a selection of… Read More

June 6, 2025 @ 8:18 am By Omar Faridi  |  

Trustly, the global enabler of Pay by Bank, announced a partnership with The Swedish Postcode Lottery (Svenska Postkodlotteriet). This collaboration is set to enhance “the way people participate in one of Europe’s charity-based lotteries by providing seamless, secure, and fast payment processing solutions.” The Swedish… Read More

June 4, 2025 @ 10:06 pm By Omar Faridi  |  

N26 announced the evolution of its premium subscription tier, “N26 You”, to “N26 Go”, a premium tier designed specifically for frequent travelers and modern explorers, giving them “access to seamless banking, saving and investing both at home and on the go.” N26 Go aims to… Read More

June 4, 2025 @ 8:09 am By Omar Faridi  |  

Sumsub announces the launch of its Bank Account Verification solution. The solution instantly verifies customer account ownership, outstanding balance, and detailed transaction history, which “enables businesses to prevent account takeover and payment fraud, assess user financial vulnerability and creditworthiness, and ensure compliance with key regulatory… Read More

June 3, 2025 @ 10:08 pm By Omar Faridi  |  

Euroclear, a global provider of post-trade services, has made significant strides in 2025, reinforcing its position as a trusted financial market infrastructure (FMI). Through a commitment to sustainability, strategic partnerships, steady financial performance, and advancements in settlement systems, Euroclear continues to shape the future of… Read More

June 3, 2025 @ 8:26 am By Omar Faridi  |  

Muzinich & Co., a New York-based credit specialist, has joined forces with Eagle Point Credit Management to establish a robust platform for collateralized loan obligations (CLOs) in Europe. This partnership aims to leverage the expertise of both firms to capitalize on the demand for structured… Read More

June 2, 2025 @ 2:52 pm By Omar Faridi  |  

PayPal (NASDAQ: PYPL) has announced multiple long-term, strategic partnerships with a range of Germany’s favorite brands, as part of a major expansion into in-store payments. The first resulting initiative – Deal Week – is available to “consumers across Germany today.” Deal Week cashback from PayPal… Read More

June 2, 2025 @ 10:16 am By Omar Faridi  |  

Backbase, the global enabler of digital banking  platforms, presents its new State of European Banking 2025: consumer survey report. The study provides key insight into the shift in banking preferences, customer satisfaction and the growing “importance of digital services in financial decisions for European banking… Read More

June 2, 2025 @ 3:39 am By Omar Faridi  |  

CaixaBank research highlights that the growth of services sustains the dynamism of the economy in 2025. CaixaBank’s research service indicates that the “number of sectors in the expansion phase is increasing in the first months of the year, supported by the moderation of inflation, the… Read More

June 2, 2025 @ 1:11 am By Omar Faridi  |  

The Latvian real estate market is experiencing a resurgence, driven by falling interest rates, a dynamic new-build sector, and competitive pricing, according to insights from Estateguru, a European investment and financing platform for relatively small loans. Coupled with the platform’s April 2025 results showcasing a… Read More

May 31, 2025 @ 3:11 pm By Omar Faridi  |  

Sweden’s central bank, Sveriges Riksbank, highlighted growing concerns over global financial stability driven by sharp shifts in U.S. trade and security policies. These abrupt changes have triggered significant market volatility and heightened uncertainty, posing risks to both Swedish and global financial systems. Coupled with this,… Read More

May 30, 2025 @ 3:55 pm By Omar Faridi  |  

Payment technology firm, Tribe Payments, has announced a strategic partnership with global Treasury Operating System (TOS), Finmo, to deliver integrated, end-to-end payment and treasury services to banking and fintech clients across key growth markets – notably Asia-Pacific (APAC) and Europe. The partnership combines Tribe’s issuer… Read More

May 30, 2025 @ 2:34 pm By Omar Faridi  |  

Global venture capital investments developed robustly in the first quarter of 2025. This is shown by the new Venture Pulse from KPMG, for which the global venture capital market is regularly evaluated. Global investments reached a new high in the first three months of the… Read More

May 28, 2025 @ 11:45 am By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, has officially enabled Tap to Pay on iPhone in seven new markets: Belgium, Croatia, Cyprus, Denmark, Iceland, Luxembourg, and Malta. The functionality allows businesses such as Suitsupply, an international men’s fashion brand with… Read More

May 27, 2025 @ 4:45 pm By Omar Faridi  |  

Swedish firm H100 Group AB has reportedly raised SEK 21 million (approximately $2.2 million) in a funding round structured as a 0% interest convertible loan. The investment round was led by Adam Back, the CEO of Blockstream and a prominent figure in the Bitcoin community,… Read More

May 26, 2025 @ 9:22 am By Omar Faridi  |  

The introduction of the Sepa Instant Payments regulation is set to reshape the financial landscape across Europe, with nearly half of the region’s banks anticipating significant interest revenue losses due to heightened liquidity requirements. Despite these financial challenges, many institutions remain optimistic, believing the long-term… Read More

May 25, 2025 @ 4:43 pm By Omar Faridi  |  

EBA CLEARING announced that over 55 RT1 and STEP2 Participants across 14 countries are preparing to adopt its Fraud Pattern and Anomaly Detection (FPAD) Verification of Payee (VOP) solution to deliver VOP checks in compliance with the Instant Payments Regulation (IPR). These participants will connect… Read More

May 23, 2025 @ 11:21 pm By Omar Faridi  |  

LSEG announces that Euroclear Bank’s Treasury division has joined LCH RepoClear SA as a member. Euroclear Bank’s Treasury division is now able to benefit from “access to a liquidity pool, and the netting and risk management efficiencies available through the service, expanding its long-standing partnership… Read More

May 23, 2025 @ 7:07 pm By Omar Faridi  |  

BBVA is launching a new version of its app in Spain, with a unique native code that is “scalable and exportable” to all countries where the bank operates. This technological overhaul, which includes “an artificial intelligence (AI) integration, marks a turning point in digital banking.”… Read More