The EU is investigating whether banks in several countries are preventing the sharing of information that the bank customers have granted; the raids were a preliminary step and the results of the investigation are not yet known; in 2018 banks will be required to give third parties access to account data provided the customers have given consent. Source
Multiple financial market regulators within the European Union released a joint warning statement on Thursday against crypto-assets, saying many of them are “highly risky and speculative.”...
Parliament and the Council agreed to track crypto transfers continuously and block suspicious transactions in a provisional agreement.
Parliament and the Council agreed to track crypto transfers continuously and block suspicious transactions in a provisional agreement.
The EU's landmark legislative package for governing crypto assets is moving on to the next stage of negotiations without the divisive provision seeking to restrict the use of proof-of-work crypto.
Thought Machine is a fintech company that builds cloud-native technology to revolutionise core banking.
A new report by Dutch bank ING says 69 percent of consumers expect their bank to provide the latest technology...
The European Central Bank will likely to opt for a centralized solution for its new digital euro, raising questions about state snooping.
A growing contingent of top employees from Monzo, Revolut and Railsbank have all made the move to crypto in the last few months.
Two of Europe's largest incumbent insurance companies, Munich Re and Allianz SE, have begun investing in insurance startups; the deals show that insurance giants are beginning to see how technology is affecting their industry and they want to get in early; currently the focus has been on small investments into many companies; the startups focus on different areas of the market like insuring mobile phones or small electronics; similar to banks, it is worth keeping an eye on how insurance companies handle disruption and innovation. Source