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Crypto

Payward, parent of Kraken, to buy Lithuania\'s Saldo Bank, entering European banking market

Payward, the parent company of cryptocurrency exchange Kraken, will acquire Lithuania\'s Saldo Bank, the Financial Times reported on Oct. 14. The deal would take Payward into lending and card issuance. The acquisition amount was not disclosed. Saldo Bank received an EU banking licence in 2021 and offers personal and corporate loans and term deposits. Payward has also pursued U.S. regulatory approvals and made acquisitions this year.

Mobility

Tesla gets German backing for EU-wide approval push, plans FSD name change

German regulators have backed an EU-wide approval process for Tesla\'s Full Self-Driving (FSD) driver-assistance system after talks with the company, raising the chances of faster expansion in Europe. Germany and Tesla agreed FSD could exceed speed limits by up to 10 percent. Officials also raised concerns the FSD name could mislead users, and Tesla proposed renaming it \"Tesla Assisted Driving\". The talks do not mean immediate approval in Germany or the EU.

AI & Enterprise

KT joins APEX 2026 international cyber exercise to boost real-world defense capabilities

KT said on Sept. 29 it joined the National Intelligence Service-led international cyber exercise APEX (Allied Power Exercise) 2026 to strengthen real-world cyber defense capabilities. The drill ran from Sept. 16 to 18 with participants from 23 countries across the Americas, Europe and the Indo-Pacific. KT’s red team carried out real-time incident response, digital forensics and system security tasks in a joint team.