Deutsche Bank, UniCredit, Revolut, Stripe and Adyen made the list. The 12-month trial starts in the second half of 2027, and the money it moves will not be legal tender. The European Central Bank published the list on Tuesday: 36 payment service providers, drawn from more than 50 applicants, will run the first pilot of […]<br /> This story continues at The Next Web [...]
Revolut is launching a euro-backed stablecoin, according to Bloomberg, entering a market that European regulation has spent two years accidentally consolidating around a single American issuer.The neo [...]
ECB President Christine Lagarde warned on Wednesday that artificial intelligence could trigger dangerous financial crises and called for global AI governance modelled on the Cold War-era non-prolifera [...]
Marble, a startup building artificial intelligence agents for tax professionals, has raised $9 million in seed funding as the accounting industry grapples with a deepening labor shortage and mounting [...]
The European Central Bank is calling banks in for a meeting on Tuesday to address the cybersecurity risks created by a new generation of AI models that can find and exploit software vulnerabilities fa [...]
The European Central Bank has formally told eurozone banks they must tighten their cyber-security posture in response to AI-led attack tools, in a follow-up statement issued on Wednesday that turns ea [...]
The European Central Bank quietly moved to rein in Revolut last year, restricting Europe’s most valuable fintech from launching new products across the European Economic Area over concerns about how [...]
Tim Draper is selling his island in Lake Tanganyika for $7.9M or best offer, announcing it himself on X and inviting offers directly by email. The ECB reported this month that EU venture capital funds [...]