payment providers

The Council of the European Union is raising the question of a payment system made in Europe, aimed at reducing dependence on foreign card networks and payment platforms. The discussion fits into wider EU efforts around digital sovereignty, the digital euro project and strategic autonomy in financial infrastructure. Reactions online mix support for European independence in payments with scepticism about whether a new system can compete with established providers.

Labcorp has reached a settlement over a data breach that includes $100,000 allocated to North Carolina, according to reporting from WHKY. The payment is part of a broader resolution addressing the exposure of customer information in the breach. Details on the total settlement size, the number of affected individuals, and how the funds will be used have not been provided in the available reporting.

New software tools are making it easier for United States e-commerce sellers to enter European markets, according to an E-Commerce Times report. The tools are said to lower barriers such as logistics, compliance and cross-border payments, letting smaller merchants sell to European customers. Details on which tools and companies are involved were not provided.