Tagged: europe

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

UK’s Digital Bank Monzo May Be Considering Private Share Sale

UK’s digital bank Monzo is reportedly planning a new private share sale, according to sources familiar with the matter. The fintech, known for its app-based banking services, is said to be engaging in discussions that could see existing investors and employees offload shares, potentially valuing… Read More

Italy’s Public Markets Leading the Charge as Private Capital Activity Rebounds Selectively : Research

Public markets are reportedly leading in Italy as private capital activity rebounds in a more selective manner. This, according to an update from the researchers at PitchBook. As stated in the latest report, Italy’s economy faced a mixed Q3, with GDP stagnating and exports “softening”… Read More

European Fintech Payhawk to Enhance Spend Management with Product Update

Payhawk has launched a new service called Link & Control. This  services aims to allow users to link their bank-issued corporate cards to the platform and add real-time spend controls to the business credit cards they use. This update comes as Payhawk doubles down on… Read More

Openbank and Santander Consumer Finance to Integrate Services in Europe

Openbank and Santander Consumer Finance announced that they will integrate in Europe, expanding their range  of products and services to customers. Banco Santander (NYSE: SAN) noted that it will merge Openbank and Santander Consumer Finance (SCF) into a single legal entity and will gradually operate its… Read More

UK Crypto Industry Professional Shares Insights on FSB’s Digital Assets Regulations Report

The Financial Stability Board’s (FSB) had issued a warning this past week  about what it considers to be “significant gaps” in ongoing attempts to regulate the fast-evolving crypto markets. Nick Jones, Founder and CEO, Zumo, said that it’s worth noting the FSB has said financial… Read More

UK Firms Now Attracting US based Venture Capital Investors, Report Claims

The future of venture capital investment in the United Kingdom has been boosted after a KPMG report revealed a rise in interest from US based investors due to the market’s ‘attractiveness’. Research undertaken as part of the KPMG Private Enterprise Venture Pulse has now outlined… Read More

European Fintech Creditstar Announces New Funding Facility from Kilde

Creditstar Group, a European fintech providing digital consumer credit in eight markets and fixed-return investment product in 31 countries, has secured an additional $10 million funding facility from Singapore-based Kilde, reportedly increasing the total to $20 million. The capital injection reflects continued institutional confidence in… Read More

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