JPMorgan’s digital bank Chase will restrict all cryptocurrency-related transactions for its customers in the UK, as lenders step up measures to tackle fraud on their networks. Starting 16 October, customers…
The EU Commission has blocked Booking’s €1.6bn takeover of Swedish online travel agency Etraveli, citing competition concerns. “Booking’s acquisition of Etraveli would strengthen Booking’s dominant position in the online travel…
Fintech funding in Europe has been greatly affected by the challenging economic environment, the latest report by Finch Capital has found. Specifically, startups in the sector raised a total of…
The European Commission has named today six tech giants whose market power it aims to control through its Digital Markets Act (DMA) — a landmark pro-competition regulation, designed to ensure…
After being banned from Belgium in June, the world’s largest cryptocurrency exchange platform, Binance, has resumed operations in the country by redirecting customers through its entity in Poland. Binance said…
There seems to be no end in sight for Getir’s woes in Europe. Following exits from multiple markets, the rapid grocery delivery platform is now reducing operations in the Netherlands…
The UK has devised a novel solution for a funding gap: more funding. In a bid to strengthen the country’s financial sector, up to £1bn (€1.2bn) has been allocated to…
Social media influencers are facilitating the trade in counterfeit goods, according to new research by Portsmouth University. After analysing surveys of 2,000 people in the UK, the study team found…
When Monzo published its latest annual revenue figures in February, it provided a flicker of light after months of headlines about fintech down rounds and job cuts. The accounts showed…
On Thursday, the European Commission opened an antitrust investigation into Microsoft’s bundling of its Teams app with its Office suite, which includes Word, Excel, and Outlook. The EU is concerned…
When chatbots first became commercially accessible, companies big and small embraced them with open arms. “Have a robot handle easy customer service questions in seconds? Amazing!” — we thought. The…
London-based startup accelerator Founders Factory has gained a new partner in the form of Mediobanca. The Milan-based investment bank is looking to increase its presence in the UK, and has…