Press play to listen to this article Voiced by artificial intelligence. She was the European Parliament’s loudest cheerleader for cryptocurrencies. But Eva Kaili’s glittering career as the Parliament’s vice president collapsed when police raided her home a year ago and found €150,000 euros in old-fashioned cash. Kaili and her partner Francesco Giorgi were among the...
Tag: Payments
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UK faces ‘difficult’ conversations with voters about green transition, energy chief Claire Coutinho says
Press play to listen to this article Voiced by artificial intelligence. The government faces “difficult” conversations with local communities about hosting the grid infrastructure needed for the U.K.’s green energy transition, Energy Secretary Claire Coutinho said. Speaking with POLITICO on Thursday, Coutinho described work to expand and overhaul the grid network as “the most radical...
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Europe struggles to present consistent messaging on Palestinian aid
Press play to listen to this article Voiced by artificial intelligence. European Commission Ursula von der Leyen is set to be in the hot seat at Wednesday’s meeting of European commissioners over the communications mess over Palestinian aid. The EU undermined its own credibility toward its partners in the Middle East on Monday when Hungarian...
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EU U-turns after halting Palestinian funding following Hamas attack
Press play to listen to this article Voiced by artificial intelligence. The EU’s united front on Israel’s war with Hamas is already showing its first cracks. On Monday, EU Enlargement Commissioner Olivér Várhelyi announced the Commission would put €691 million in aid to the Palestinian Authority under review, with all payments immediately suspended. Hours later,...
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Navigating Europe’s payments landscape to tap into a thriving e-commerce industry
Supercharged by new payment technology and shifting digital behaviours amidst the pandemic lockdowns, the European e-commerce industry is now expected to hit nearly $900 billion by 2027. For any merchant hoping to expand internationally, Europe is certainly a prime region. However, despite most of the states being members of the EU and thus benefiting from...
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Impulse Tap to show at IAAPA Expo Europe
Cashless technology company Intercard will be giving its Impulse Tap reader its European debut at IAAPA Expo Europe later this month. The trade show, which is held from September 26-28 in Vienna, Austria, will play host to the company’s latest innovation, which is a tappable version of its popular card reader. The Impulse Tap is...
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Convious to host talks at IAAPA Expo Europe
Convious will be holding a series of free daily talks at the upcoming IAAPA Expo Europe in Austria, Vienna, later this month. The company will hold talks at 3pm on Tuesday September 26 and Wednesday September 27, with an 11am talk scheduled for Thursday September 28. Sessions are on subjects such as how to boost...
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Dear stores and restaurants: Let us pay quickly and leave
Stores and restaurants are asking Congress for relief on high credit card transaction fees, and they make a good case. Despite our supposedly sophisticated financial system, the fees US retailers pay to accept credit cards, 2% to 3% of every transaction, are the highest in the world. Senators from both parties introduced a bill last month...
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UK banks shun companies trading with Ukraine
LONDON — Banks are forcibly closing the accounts of British firms that trade with Ukrainian counterparts due to concerns over Russian sanctions and money laundering, business leaders have warned, hampering wider efforts to support Ukraine’s war-ravaged economy. In a letter to U.K. Treasury Minister Andrew Griffith, seen by POLITICO, British-Ukrainian Chamber of Commerce (BUCC) Co-Chair...
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Exclusive interview with Martina Weimert – EPI’s latest updates and vision for a European-grown all-in-one digital wallet and payment solution
Martina Weimert, CEO of EPI Company, provides the latest updates on EPI’s goal to establish a unified European payment solution. `EPI` stands for “European Payments Initiative” EPI is an initiative backed by 16 European banks and financial services companies to create a unified, innovative pan-European payment solution leveraging Instant Payments SEPA Instant Credit Transfer (SCT...
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Money20/20 Europe Takeaways: Payments Has Entered A New Era
Daniel Webber, CEO, FXC Intelligence (left), with Ben Disley, Head of Commercial, FXC Intelligence, … [+] at Money20/20 Europe FXC Intelligence Earlier this month, the payments world met in Amsterdam, the Netherlands, for Money20/20 Europe, one of the biggest events on the industry’s international calendar. But while the conference had the usual strong attendance, it...
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Money20/20 Europe – the place where money does business
Money20/20 Europe serves as a gathering place for the most innovative and visionary voices in the industry, shaping the future of the money ecosystem. Each year, this event facilitates valuable connections, provides essential tools and knowledge, and grants access to cutting-edge innovations. In June 2023, we had the privilege of meeting Tracey Davies, President...