IPO Market Enjoys $4 Billion Rebound Amid ‘Pent-Up Demand’
As the Financial Times (FT) reported Saturday (Sept. 13), seven large-cap companies went public last week, including buy…
EC Accepts Microsoft’s Proposals in Teams Antitrust Probe
This decision resolves the Commission’s antitrust investigation launched in July 2023, which looked intowhether Microsoft violated EU competition…
Ant International and Alipay Aim to Safeguard Digital Wallets
A trio of Asia-based payment providers have teamed to help bolster cross-border digital wallet transactions. The Digital Wallet…
UK’s FCA Proposes Letting PSPs Set Contactless Payment Limits
The United Kingdom’s Financial Conduct Authority has proposed removing its regulatory contactless payment limits, saying fraud controls are…
DoorDash’s $3.9 Billion Deliveroo Purchase Approved by EU
The European Commission has approved DoorDash’s plan to purchase rival food delivery platform Deliveroo. As Reuters reported Tuesday…
UK Funds Seek Government Help as IPO Drought Drags On
The U.K.’s IPO drought from last year has reportedly carried over into 2025. Just seven companies have floated…
Microsoft and EU to Settle Antitrust Case Involving Teams
Microsoft and the European Union have reportedly reached a settlement in which the tech giant will avoid an antitrust fine…
Citi Picks BlackRock to Develop Custom Asset Management
Citi Wealth has chosen BlackRock to develop a new portfolio offering for its clients. Citi Portfolio Solutions powered by BlackRock, announced Thursday (Sept.…
Open Banking Hits 15 Million UK Users Amid Record Growth
New data found that nearly a third of all adults in the United Kingdom now use open banking…
Wise Considers Becoming a Bank in UK
Payments company Wise is reportedly weighing becoming a full-fledged bank in the United Kingdom. The company has been…