European Commission Drops Investigation Into ePayments Market

What's Next In Payments®
5:16 PM EDT February 24th, 2013

The European Commission is to drop a 16-month probe into a group of banks, the EU’s Competition Commissioner Joaquin Almunia announced on Friday. The EC opened the investigation after the group of banks decided to launch a standardization process for ePayments. The group’s decision to abandon the launch prompted the Commission to drop the probe.

Read the full story here.

Topics:
Comments
Also by This Author
What's Hot
Alternative Financial Services
Card Payment Company Creates Account Management Tool
B2B Payments
eBill, Payment Company Nets $11M In Funding
B2B Payments
Health Care CFO Pleads Guilty To Defrauding Insurers
News
Is Amazon Quietly Getting Into The Lending Business?
View All Articles ››
You May Also Like
Company Spotlight
Different mPOS Strokes for Different mPOS Folks
International
Digital River Offers A Sneak Peak At Mobile eCommerce Trends
Mobile Commerce
Trustwave Buys Cenzic To Beef Up App Testing Capability
Alternative Financial Services
Card Payment Company Creates Account Management Tool
B2B Payments
eBill, Payment Company Nets $11M In Funding
B2B Payments
Health Care CFO Pleads Guilty To Defrauding Insurers
News
Who Had An Innovative B2B Summer?
View All Articles ››