Tagged: EU

Identity Verification Provider ID-Pal Introduces Services in the UK

Digital ID Identity Identification iPhone

ID-Pal, the identity verification provider, recently revealed that it is entering the UK market after six years of steady growth across Ireland, the US and the European Union. This move has reportedly been planned due to increasing levels of identity fraud and the growing complexity… Read More

PayPal Prodded the EU to Go After Apple Pay: Report

Apple Store 5th Avenue New York City

PayPal (NASDAQ:PYPL) is at least one of the firms that called up the European Commission to complain about Apple (NASDAQ:AAPL) and its Apple Pay offering pushing the competition ministry to pursue possible anti-trust violations, according to a report in Bloomberg. This is not the first… Read More

EU: Apple Accused of Antitrust Transgressions Due to its Payment Platform

Margrethe Vestager

Margrethe Vestager, EU Executive VP, Competition Policy, is pursuing big tech once again, this time hitting Apple (NASDAQ:AAPL) with anti-trust charges. Today in a public statement, the European Commission said it has sent a Statement of Objections to Apple regarding its view that it abused its… Read More

Apple to Get Hit with More Antitrust Charges from European Union: Report

Apple 1

Big tech firm and iPhone creator Apple (NASDAQ:AAPL) is going to be hammered once again by the European Union. This time with accusations that Apple Pay is anti-competitive. Apple Pay was introduced by Apple in 2014 along with iPhone 6 and has been slowly rolled… Read More

€5 Million in 6.5 Hours: Qonto Easily Hits Crowdfunding Max using Crowdcube for EU Securities Offering

Steve Anavi and Alexandre Prot

European unicorn Qonto has easily topped its crowdfunding goal utilizing Crowdcube. Qonto is a Payment Institution regulated, approved and supervised by the French Autorité de Contrôle Prudentiel et de Résolution (ACPR). Qonto, a company that has already raised €486 million in Series D funding, stated earlier… Read More

Intercontinental Exchange (ICE) Introduces Data Solution for EU Sustainable Finance Disclosure Regulation

Europe Map

Intercontinental Exchange, Inc. (NYSE: ICE), an international provider of data, tech and market infrastructure, has announced the launch of a data solution for the European Union Sustainable Finance Disclosure Regulation (EU SFDR). By requiring more transparency and standardization in the products offered by asset managers,… Read More

Digital Asset Gateway, Fasset Secures Crypto Authorization to Expand Operations in EU

danielle rice map of europe unsplash

Fasset, an international digital asset gateway, has announced its entrance into the European Union after it secured a cryptocurrency authorization. With the authorization, Fasset will strengthen its global operations “to serve the growing digital asset sector in the EU market and beyond.” Fasset previously “secured… Read More

French Crowdfunding Association Reflects on ECSPR, as Pan European Crowdfunding Moves Closer to Reality

Florence de Maupeou

As has been previously reported, the European Union has approved pan-European securities crowdfunding or European Crowdfunding Service Providers Regulation (ECSPR). This means that issuers may solicit investors across all 28 EU member states. The new regulation enables early-stage firms to raise up to €5 million. Previously,… Read More

CYTRIO Adds GDPR Support to Data Privacy Rights Management Solution

European Parliament Paul Henri Spaak building Brussels Belgium guillaume perigois unsplash

CYTRIO, a data privacy compliance company, has added support for the European Union’s General Data Protection Regulation (GDPR) to its all-in-one, cloud-native data privacy rights management automation solution. GDPR impacts any company, “regardless of location, that collects, uses, shares, or stores personal information from European… Read More

Crowdcube Has Launched a France Facing Website

Champ de Mars Eiffel Tower Paris France

Crowdcube is accelerating in France. That is how the new French version of Crowdcube announces itself. Crowdcube is one of the largest securities crowdfunding platforms in the UK as well as Europe. Having long operated in Europe, recent rule changes will make it easier for… Read More

Bad Facts Make Bad Law. Coinbase Slams European Union’s Transfer of Funds Regulation

Euros Money Europa Seriesjpg

New rules in Europe designed to stymie illicit activity may go too far, according to Coinbase. New Transfer of Funds Regulation “would unleash an entire surveillance regime on exchanges,” explains the crypto exchange. In a blog post, Coinbase states that “bad facts, make bad law,”… Read More

Anchorage Co-Founder Comments on EU Parliament Vote on Crypto Assets: “A win for crypto”

European Parliament in France frederic koberl unsplash

Earlier today, the Economic and Monetary Affairs Committee, of the European Parliament,  adopted its “negotiating position on crypto assets. According to a statement by the EU parliament its goal is to “boost users’ confidence and support the development of digital services and alternative payment instruments.”… Read More

Former Head of Libra – Diem David Marcus Comments on Why EU is Falling Behind in Regards to Crypto, Digital Asset Innovation

David Marcus House Hearing July 2019

David Marcus was previously the head of Facebook / Meta’s (NASDAQ:FB) initiative to create a non-sovereign global digital currency. First branded as Libra, and then as Diem, the digital currency launched with much fanfare but eventually sputtered – largely due to global regulatory pushback that made… Read More

ECB President Christine Lagarde Says Final Decision on Digital Euro in 2024

Euros iPhone Payments Digital Money

In a speech delivered to the European Parliament, Christine Lagarde, the President of the European Central Bank (ECB), stated that a decision on a digital Euro will be made by 2024. The ECB decided to launch the investigation phase of the digital euro project in… Read More

Plum Appoints Product VP as it Gets Ready for its US Stocks Offering

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Plum, Europe’s money management app, has appointed Phu Ly to serve as Product VP, as the business gets ready for a year of steady growth following a recent $24 million Series A round. Ly has been responsible for leading product teams at high growth, digital-first… Read More

Mintos Reports 650,000 Loans Funded in Jan 2022, Equivalent to €128.3M, Investors Earned €3.5M+

Mintos Team

The team at Mintos has published the latest edition of Mintos Insight, which is their monthly publication that offers an overview of what’s been going on (on their platform), including commentary from their experts, recent investor activity, educational topics, and other updates. Key insights from… Read More

New ESMA Guidelines on European Crowdfunding Could Have Cooling Effect on Sector

Ronald Kleverlaan 2

Earlier this week, the European Securities and Markets Authority (ESMA) published an updated Q&A on the pan-European crowdfunding rules. Updated rules, called European Crowdfunding Service Providers Regulation (ECSPR), became actionable last November but questions remain and European member states are still sorting things out. To help… Read More

European Banking Authority (EBA) Introduces Central Database for AML/CFT

20 Euro Investigation Research

The European Banking Authority (EBA) has introduced its central database for anti-money laundering and counter-terrorist financing (AML/CFT). This European reporting System for material CFT/AML weaknesses, EuReCA, will be key to coordinating ongoing efforts by relevant authorities and the EBA to prevent and combat money laundering… Read More

European Securities and Markets Authority Issues Updated Q&A About EU Crowdfunding Rules

50 Euros Europe Inspect Review Look

The European Securities and Markets Authority (ESMA) has issued another Q&A about the pan-European securities crowdfunding rules. Updated rules addressing cross-border securities offerings or the European Crowdfunding Service Providers Regulation (ECSPR) went into effect across the entire European Union (EU) last November. But interested platforms must be approved… Read More

PeerBerry Shareholders Establish Deadlines to Introduce the Crowdfunding Platform

Euros iPhone Payments Digital Money

PeerBerry shareholders have reportedly set deadlines to introduce the crowdfunding platform As noted in an update, the license to operate a crowdfunding business across the European Union has been provided by the Bank of Lithuania, which is considered to be one of the most progressive… Read More

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