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Ripple Secures Preliminary MiCA CASP License, Enabling Full-Scale Payments Services Across Europe

Ripple Secures Preliminary MiCA CASP License, Enabling Full-Scale...

TFSF Ventures Emerges From Three Quiet Years in the UAE With Patent-Pending Agentic Payment Infrastructure — and Opens It for Licensing

TFSF Ventures Emerges From Three Quiet Years in...

CoinMENA Selects INFINIOS to Power Strategic Card Issuance Program

CoinMENA Selects INFINIOS to Power Strategic Card Issuance...

AI Agent Crypto Transaction Volume Brings Security Concerns: How a Swiss Bank Responds

AI Agent Crypto Transaction Volume Brings Security Concerns:...

Startup Funding

Writer Secures $200M Series C Funding, Valued at $1.9 Billion, to Drive Enterprise Generative AI Innovation – Fintech News Europe

SAN FRANCISCO–(BUSINESS WIRE)–Writer, a pioneering full-stack generative AI platform for enterprise applications, has announced a successful $200 million Series C funding round, elevating its valuation to $1.9 billion. Co-led by Premji Invest and Radical Ventures, with significant support from existing investor ICONIQ Growth, the funding round also saw participation from Salesforce Ventures, Adobe Ventures, B […]

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Payments

UAE-based Careem Pay Introduces Instant Transfers to Europe and Business Payments to India – Fintech News Europe

Careem Pay Expands International Remittance Services to Five New European Countries Dubai, UAE — Careem Pay, the digital wallet and fintech platform within the Careem Everything App, has expanded its international remittance service, now enabling UAE residents to transfer money to Spain, Italy, France, Ireland, and Germany. This latest expansion adds five new European countries to Careem Pay’s […]

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Fintech

Bitcoin Edges Closer to $90,000 After Hitting Yet Another High – Fintech News Europe

Bitcoin Nears Record High of $90,000 as Market Bets on Trump’s Presidential Return Bitcoin surged to a new all-time high of $89,640 early Tuesday, edging closer to the highly anticipated $90,000 mark as investors ramp up bets on Donald Trump’s return to the White House after his decisive victory in last week’s U.S. presidential election. […]

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Fintech

Bitcoin Breaks $81,000 as Trump’s election turbocharges Cryptocurrencies – Fintech News Europe

Singapore – Bitcoin reached a record high above $81,000 on Monday amid a growing belief that cryptocurrencies could thrive under a favorable regulatory environment in the United States following Donald Trump’s recent election as President, along with the success of pro-crypto candidates in Congress. The world’s largest and most popular cryptocurrency has more than doubled […]

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Fintech

Bitcoin Reaches Historic High Above $80,000 Amid Speculation Over Trump’s Return to White House – Fintech News Europe

London – Bitcoin surged to a new all-time high on Sunday, topping $80,000 as traders speculated that Donald Trump’s potential return to the White House could boost the digital currency’s prospects. The cryptocurrency’s rapid climb reflects investor confidence in the former president’s pro-crypto stance, with many expecting his policies to foster growth in the sector. The […]

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Startup Funding

Amsterdam’s TAGGRS Raises €2M in Funding from No Such Ventures to Revolutionize Data Tracking in a Privacy-First Era

Amsterdam, Netherlands – TAGGRS, an Amsterdam-based innovator in server-side data tracking, has secured €2 million in growth funding from No Such Ventures. The new funding will fuel TAGGRS’ mission to become a global leader in server-side tracking and data management, providing businesses with a privacy-compliant, accessible, and effective tracking solution as third-party cookies phase out. […]

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Payments

Tencent Partners with Visa to Launch Palm Recognition Payments in Singapore – Fintech News Europe

November 6, 2024 – Tencent has announced a strategic partnership with Visa to bring its palm recognition technology to international markets, with an initial rollout in Singapore. The service, called “Pay by Palm,” enables Visa cardholders from participating banks—including DBS, OCBC, and UOB—to make secure, contactless payments by scanning their palms. The pilot launch was unveiled at the Singapore Fintech Festival […]

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Fintech

Chinese E-Retailer Temu to be investigated by EU Tech Regulators over Sale of illegal Products – Fintech News Europe

BRUSSELS — Chinese online retailer Temu is under investigation by European Union regulators over potential breaches of the EU’s Digital Services Act (DSA), which seeks to prevent the sale of illegal products and safeguard consumers, officials announced Tuesday. If found in violation, Temu could face fines up to 6% of its global revenue. The European Commission’s investigation will […]

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Fintech

OpenAI reportedly planning to build its first AI chip in 2026 – Fintech News Europe

OpenAI Partners with TSMC and Broadcom for In-House AI Chip Design, Begins Using AMD Chips for Model Training In a strategic move to advance its artificial intelligence capabilities, OpenAI has partnered with Taiwan Semiconductor Manufacturing Company (TSMC) and Broadcom to develop an in-house AI chip, according to sources reported by Reuters. While initially considering the establishment of dedicated chip manufacturing facilities, OpenAI […]

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Payments

Mastercard Launches “Move Commercial Payments” For Real-Time Cross-Border Transactions for Banks – Fintech News Europe

Beijing & Purchase, New York – October 21, 2024 – Mastercard has announced the launch of its latest product, Mastercard Move Commercial Payments, designed to streamline and transform cross-border commercial payments for banks. Revealed at the annual Sibos conference in Beijing, this groundbreaking solution aims to address long-standing challenges in the cross-border payment ecosystem, providing near real-time, […]

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