Algo trading firm XTX to build €1bn data centre hub in Finland
Algo trading form XTX Markets is investing €1 billion in a large-scale data centre complex in Finland to…
Swiss Banker Faces Trial in France for Tax Fraud and Money Laundering
Keystone / Martin Ruetschi Listen to the article Listening the article Toggle language selector English (US) English (British)…
Governance Under Spotlight as AI Shapes Payments Innovation
In an era of rapid technological evolution, few industries are as poised for transformation as banking and payments. It…
bne IntelliNews – EBRD aims to ramp up investment in Romania to €1bn a year
The European Bank for Reconstruction and Development (EBRD) increased its investments in Romania in 2024, committing €707mn across…
UK Consumer Group Launches Business Bank Account Ratings
British independent consumer group and rating provider Fairer Finance has added new business bank account product rankings designed…
Santander Reportedly Considering Exit of UK Banking Market
Santander is reportedly rethinking its U.K. presence 20 years after entering the British banking market. The Spanish lender…
EU’s DORA Makes FIs Focus on Third-Party Risk Management
With the Digital Operational Resilience Act (DORA) now in effect, organizations must pivot from preparation to active compliance…
Ireland proposes legislative changes to tackle scam epidemic
Ireland’s Government has committed to the establishment of a shared fraud database between financial institutions, utility companies, and…
Further drop of bad loans in Cyprus
The nonperforming loans (NPL) ratio in Cyprus decreased to 6.5% or 1.6 billion euros at the end of…
European Court of Auditors flags concerns over EU price interventions in card market
The European Court of Auditors has raised concerns over how the EU goes about price interventions in the…
Nearly Half of Rural Small Businesses Use the Bank on the Corner
Small and mid-sized businesses (SMBs) are considering a switch from national banks to local financial institutions (FIs) like…
In Austria’s Kickl, the EU has its next Orbán – POLITICO
Europe’s next national leader looks likely to come from the far right. With Herbert Kickl in pole position…