EC Unveils Proposals for PSD3
The European Commission (EC) has put forward its proposals to reform the EU’s payments market. The update to the Payment Services Directive 2 (PSD2) aims...
Bitpanda Crypto Exchange Secures €30 Million in Funding for Expansion
Digital asset exchange Bitpanda Pro has officially spun out from its parent company and secured €30 million in a funding round led by Peter Thiel’s...
Lithuania Releases National Guidelines for Fintech Sector
Lithuania has unveiled a five-point, five-year plan aimed at establishing itself as one of the leading fintech hubs in the EU. The National Fintech Guidelines...
Shares Obtains EU Trading License, Aspires to Become the ‘Louis Vuitton’ of Trading Applications
French social trading app Shares has made history by becoming the first fintech in the country to obtain both crypto registration (PSAN) and a stock...
Pig Butchering Rises as Leading Threat in Payment Scams
Pig-butchering, a type of investment scam involving fake cryptocurrency companies, has surfaced as one of the leading payment threats to consumers. According to the Spring...
Shift4 to Purchase Givex for C$200 Million
Shift4 Payments is set to acquire the Canadian gift card company Givex for C$200 million in an all-cash deal. Givex offers cloud-based software services for...
FundOnion Introduces Business Finance Comparison Platform
An AI-driven finance comparison platform named FundOnion has been launched to assist small businesses in the UK in securing funding. According to a recent report...
Web3 Foundation Advocates for Transparent Regulation
Web3 Foundation (W3F), the Switzerland-based trade group representing decentralized web software companies, has urged EU policymakers and supervisors to clarify the regulatory framework surrounding web3...
Corlytics Purchases Clausematch
RegTech company Corlytics has made its second acquisition of the year by acquiring compliance mapping provider Clausematch. This follows the recent acquisition of SparQ, a...
AFME Expresses Concerns Regarding Upcoming CS3D Regulation in Recent Paper
The Association for Financial Markets in Europe (AFME) recently published a report addressing significant concerns surrounding the Corporate Sustainability Due Diligence Directive (CS3D). The CS3D...