Tag: European Union
bunq eyes UK market post record €53.1m earnings
bunq, Europe's second-largest neobank, has reported a net profit of €53.1m for the year 2023.
The VSME pathway: Empowering SMEs through tailored sustainability reporting
The landscape of sustainability reporting is undergoing a transformative shift with the introduction of the Voluntary European Sustainability Reporting Standards (VSME). This groundbreaking initiative is...
Andaria joins Grow London Global, enhancing embedded finance in UK and...
In a bold move to revolutionise the financial sector, Andaria proudly announces its strategic partnership with London & Partners, marking its significant enrolment in the prestigious Grow London Global programme for 2024.
Truelayer joins SEPA payment account access scheme: a new era for...
TrueLayer has become the first participant in the SEPA Payment Account Access Scheme (SPAA).
EU sets global precedent with groundbreaking AI regulation deal
Europe has achieved a milestone in the world of AI by reaching a provisional deal on the European Union's landmark rules governing AI usage.
UK Blockchain & Digital Asset investment in 2023 on track to...
Key UK Blockchain & Digital Asset investment stats in Q1-Q3 2023:
• UK Blockchain & Digital Asset deal activity is on track to reach 97...
Navigating through MiCA: Unpacking the EU’s new crypto-asset regulations
The Markets in Crypto-Assets Regulation (MiCA) is setting a precedent, crafting a well-structured framework for regulating crypto-assets throughout the European Union (EU) which are not yet encased by current financial services legislations.
EU and US enhance data protection with new privacy agreement
The European Union (EU) has recently adopted a new and thorough robust data privacy agreement with the United States.
Making the Internet safer: Trust Lab harnesses $15m
Palo Alto-based company, Trust Lab, with a focus on transforming online safety measures for businesses and public entities, has recently closed a $15m Series A funding round.
FinTech revenues predicted to reach $1.5trn by 2030
FinTech revenues are set to grow sixfold from $245bn to $1.5trn by 2030, according to a report from Boston Consulting Group (BCG) and QED Investors. The report suggests that the FinTech sector, which currently holds a 2% share of the $12.5trn in global financial services revenue, is estimated to grow up to 7%.