Europe and Middle East Trends
Europe and Middle East Trends
Europe and Middle East market trend intelligence tracks cloud service, regional ISP, national telecom, data centre, and institutional infrastructure signals across European and Middle Eastern internet infrastructure markets. BTW.
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Europe and Middle East Cloud Services Trends
Swish introduces tap-to-pay for ＄8.6M users
Swish introduces tap-to-pay for Android users in Sweden.
Europe and Middle East Cloud Services Trends
Nokia secures deal with Nscale for AI cloud data centre networking
What happened: Nokia will supply Ethernet-based fabric for Nscale’s new data centre Nokia has been chosen to supply IP networking equipment for a new data centre by Nscale, a growing AI cloud specialist. The data centre, located in Stavanger, Norway, will be powered entirely by…
Europe and Middle East Institutional Trends
Italy eases planned tax hike on cryptocurrency gains
What happened: Italy to reduce proposed tax increase on cryptocurrency gains The Italian government has decided to reduce its proposed tax increase on cryptocurrency capital gains from 42% to 28% following industry pushback and internal political disagreements. The original plan…
Europe and Middle East Institutional Trends
Klarna hit with $50M fine for anti-money laundering violations
What happened: Klarna’s AML violations result in fine Klarna, a prominent buy now, pay later (BNPL) firm, has been fined $50 million by Sweden’s Financial Supervisory Authority (FI) for violations of anti-money laundering (AML) regulations. The regulator’s investigation…
Europe and Middle East Cloud Services Trends
Ayan Capital secures $3.6M to expand Islamic fintech in the UK
What happened: Islamic finance gets a tech push as Ayan Capital raises $3.6M London-based Islamic FinTech company Ayan Capital has successfully raised $3.6 million (£2.8 million) in equity funding, marking a significant step in its mission to offer ethical and sustainable…
Europe and Middle East Institutional Trends
Fyntra and Spectral Capital join forces to launch quantum wallet
What happened: Fyntra and Spectral Capital partnership Fyntra Group and Spectral Capital have announced a collaboration to develop the world’s first quantum wallet, aimed at securely managing digital assets and cryptocurrencies. The initiative leverages Fyntra’s advanced software…
Europe and Middle East Institutional Trends
DPF joins Innovate Finance to advance CBDC discussions
What happened: DPF joins Innovate Finance to shape UK’s CBDC landscape The Digital Pound Foundation has joined the Innovate Finance community to advance discussions and developments around digital currencies in the UK. This collaboration, announced in December 2024, aims to…
Europe and Middle East Datacenter Trends
Yondr Group advances its 40MW data centre project in Frankfurt
What happened: Yondr’s data centre milestone Yondr Group has completed the first half of its 40 MW data centre project in Bischofsheim, near Frankfurt, Germany, delivering 20 MW to customers in just 20 months. This milestone is part of a four-phase project, with two additional…
Europe and Middle East Cloud Services Trends
Nokia and Aramco achieve 2.4 Tbps optical transmission record
What happened: Breakthrough speeds to boost Aramco’s network capacity and efficiency Nokia and Saudi Aramco have successfully achieved an optical network transmission speed of 2.4 terabits per second (Tbps) during tests conducted on Aramco’s operational network. The tests were…
Europe and Middle East Cloud Services Trends
Payment partnership fuels Ribbon’s UK expansion
What happened: Ribbon teams up with Tribe Payments for UK launch Ribbon, a Gibraltar-based digital financial platform, has successfully expanded into the UK by forming a strategic payment partnership with Tribe Payments, a specialist in payment infrastructure and processing.…
Europe and Middle East Cloud Services Trends
NatWest unveils new initiative to support fintech
What happened: NatWest launches Fintech Growth Programme NatWest has launched a new Fintech Growth Programme aimed at supporting five pre-Series A UK-based fintech startups that focus on solving key challenges in the payments sector. Over ten weeks, selected companies will…
Europe and Middle East Cloud Services Trends
Lloyds and PayPoint partner to boost payments for UK SMEs
What happened: Lloyds partners with PayPoint to improve SME payment services Over 60,000 small and medium enterprises (SMEs) in the UK will benefit from a new banking and payments offering through a partnership between Lloyds Banking Group and PayPoint Group. This collaboration…
Europe and Middle East Cloud Services Trends
Mambu acquires Numeral to improve core banking services
What happened: Mambu acquires French payments platform Numeral Cloud-based core banking provider Mambu has acquired Numeral, a banking aggregation and payment automation platform headquartered in Paris, France. The acquisition will integrate Numeral’s advanced payment…
Europe and Middle East National Telecom Trends
French operators collaborate to launch anti-fraud APIs
French operators Bouygues Telecom, Free, Orange, and SFR launch APIs to fight online fraud and identity theft.
Europe and Middle East Regional ISP Trends
Virgin Media O2 upgrades 1000 sites with faster fibre network
What happened: VMO2 improves over 1000 sites’ speed Virgin Media O2 (VMO2) has transformed its mobile infrastructure by linking 1000 mobile sites across the UK to a high-capacity 10Gbps fibre backhaul network. This transition marks a significant upgrade from relying on…
Europe and Middle East Cloud Services Trends
UK unveils $12.6M Nvidia Grace-Based supercomputer
What happened: UK launches Nvidia Grace-Based supercomputer The UK has introduced Isambard-AI, a new Nvidia Grace-based supercomputer built with advanced Nvidia GH200 Grace Hopper Superchips and hosted at the National Composites Centre in Bristol. Valued at £10 million($12.6…
Europe and Middle East Cloud Services Trends
Vega C’s comeback: Europe reclaims space ambitions
What happened: Europe’s Vega C rocket set for crucial relaunch ESA’s Vega-C rocket is complete on the launch pad at Europe’s Spaceport and ready for liftoff. The final element of the rocket, which includes the Sentinel-1C satellite that will be launched into space, was installed…
Europe and Middle East Cloud Services Trends
Mastercard reaches $250m settlement in UK overcharging lawsuit
What happened: Mastercard settles UK fee overcharging lawsuit Mastercard has reached a settlement agreement in principle to resolve a groundbreaking legal claim brought on behalf of approximately 46 million UK consumers. The consumers alleged that the payments company imposed…
Europe and Middle East Cloud Services Trends
Norway to join Eurosystem’s Instant Payment network by 2028
What happened: Instant payment service Norway has agreed to add the krone to the Eurosystem’s Target Instant Payment Settlement (TIPS) service, with plans for inclusion in the first half of 2028. This follows the addition of the Swedish krona and Danish krone, expected next year.…
Europe and Middle East Cloud Services Trends
Viasat pioneers direct-to-device satellite messaging in Saudi Arabia
What happened In a technological first for Saudi Arabia, Viasat demonstrated its direct-to-device (D2D) satellite messaging system, marking a step forward in satellite connectivity. The showcase took place during the “Connecting the World from the Skies” event hosted by Saudi…