Tag: Europe

ECB: Digital euro will be a complement to cash, not a...

European Central Bank (ECB) executive board member Fabio Panetta has claimed that despite the growth in digital currency, there is still a huge demand for physical cash.

Bottlepay unveils cross-border payments app in Europe

Real-time global payments system Bottlepay has rolled out its payments app across Europe.

EU plans to roll-out digital wallet for payments by 2022

The European Union has revealed it intends to introduce a new digital wallet that will be available for use across all 27 member states by 2022.

Companies spending more on cybersecurity to combat threats, report finds

A report conducted across the US, UK and mainland Europe has found many firms are spending more on cybersecurity to combat growing threats in cyberspace.

Viva Wallet receives Tencent backing as it bags $80m financing

Greek FinTech Viva Wallet has raised $80m in financing to bolster its loans and instant payment services.

ESMA releases final report on SME Growth Markets

The European Securities and Markets Authority (ESMA) has released the final report on the functioning of the regime for SME Growth Markets as part of MiFID/MiFIR.

The European Banking Authority addresses de-risking practices

The European Banking Authority (EBA) has published three regulatory instruments to address de-risking practices based on evidence gathered in its call for input. The instruments...

The European Banking Authority recovers from cyberattack

The European Banking Authority has revealed it was subjected to a cyberattack against its Microsoft Exchange Servers.

Will the EU bring spot FX contracts into the scope of...

Foreign exchange (FX) trading is one of the largest markets in the world, but there are still gaps in regulation.

ESMA calls for changes to Transparency Directive following the Wirecard scandal

The European Securities and Markets Authority (ESMA) has written to the European Commission with a proposal to improve the Transparency Directive (TD), following the Wirecard scandal.

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