Germany threatens fintech Solaris with fines over slow fixes
German bank Solaris SE faces financial penalties if it doesn’t meet deadlines for fixing controls, after failing to do so ...
Tag: European regulation
76% of EU banks to up tech spend to comply with new regulation
European banks are preparing their tech stacks to comply with Instant Payment Regulation, which were set in motion on April ...
European Parliament, Council reach EU AI Act deal
The European Parliament and European Council reached a deal Friday on AI regulation to protect consumers from high-risk uses of ...
Proposed legislation would regulate AI adoption in EU
The EU AI Act, proposed in June after two years of talks, could have implications on how financial institutions across ...
Apple hit with EU antitrust complaint over iPhone payments
Apple Inc. was hit by a formal antitrust complaint from the European Union over how it handles iPhone payment services, ...
Facial recognition, other ‘risky’ AI set for constraints in EU
Facial recognition and other high-risk artificial intelligence applications will face strict constraints under new rules unveiled by the European Union ...
Fintechs Do Not Fear Brexit … At Least Not, Yet
LONDON — Brexit is an unavoidable topic in the United Kingdom these days. Unless of course, you attended Finovate Europe. ...
U.K. Fintech CreditLadder Launches Open Banking Service
U.K.-based CreditLadder, an online platform that enables tenants to help build credit score, launched an open banking service today, making ...
European Central Bank’s New Licensing to Cover Fintechs
The European Central Bank is working on new licensing guidelines that could cover fintech companies, ECB's Supervisor Daniele Nouy said ...
For Aggregation Service, Lloyds May Use PSD2
Regulation -- yes, regulation -- appears to pushing European banks to innovation, but perhaps not in ways anticipated by regulators. ...
