French social trading app, Shares, has announced it has become the first fintech in the country to secure both crypto registration (PSAN) and a stock trading licence as an investment company (PSI- Entreprise d'Investissement).
Digital asset exchange Bitpanda Pro has spun out from its parent company and raised €30 million in a funding round led by Peter Thiel's Valar Ventures.
JPMorgan Chase has been fined $4 million by the Securities and Exchange Commission for mistakenly deleting 47 million emails, some of which the watchdog was trying to access.
The final session of EBAday 2023 covered the rise of Banking-as-a-service (BaaS). The PANEL looked at the benefits of BaaS and Payment-as-a-service (PaaS) for financial institutions and whether it will increase efficiency, or diversify revenue.
The role of the legislation is a core part of any EBAday, and this was not missing from EBAday 2023. A session on the second day of the event aimed at highting how to prepare for the European legislative landscape of the instant payments regulation and the upcoming Digital Operational Resilience Act (DORA).