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Today In Payments: EU Wants PSD2-Like Regs For Big Tech Data; Goldman Sachs Warns Of Market Drop Due To Coronavirus

Today In Payments: EU Wants PSD2-Like Regs For Big Tech Data; Goldman Sachs Warns Of Market Drop Due To Coronavirus
Today In Payments: EU Wants PSD2-Like Regs For Big Tech Data; Goldman Sachs Warns Of...
February 20, 2020  |  News

In today’s top news, the European Commission has plans to pool its data to better compete with Big Tech firms, and Goldman Sachs warns that...

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UK Google Users Will Be Under US, Not EU Privacy Protections
UK Google Users Will Be Under US, Not EU Privacy Protections
February 20, 2020  |  Cross-border Payments

Google users in the U.K. will no longer have access to European Union data security, instead being moved by the tech giant to American jurisdiction,...

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N26’s UK Customers Scramble After Bank’s Exit
N26’s UK Customers Scramble After Bank’s Exit
February 18, 2020  |  Economy

Online bank N26‘s decision to exit the U.K. has customers feeling left behind, CNBC reported. The Berlin-based digital bank said it would not be able...

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N26 Exits UK Post Brexit
N26 Exits UK Post Brexit
February 11, 2020  |  Economy

FinTech bank N26, based in Germany, will no longer operate in the U.K. following Brexit, according to reports. N26 customers will need to transfer deposits, spend...

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UK Will Use Border Controls After Brexit For EU Imports
UK Will Use Border Controls After Brexit For EU Imports
February 10, 2020  |  Economy

The U.K. said it is going to start putting import controls on goods coming in from the European Union after the Brexit transition finishes at...

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Money Transfer Startup Azimo Secures €20M In Debt Equity
Money Transfer Startup Azimo Secures €20M In Debt Equity
February 04, 2020  |  Investments

Money transfer FinTech startup Azimo has closed a €20 million debt finance deal from the European Investment Bank (EIB), according to reports on Tuesday (Feb....

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Top News In Payments: Mastercard CEO Pushes Back Against National Payments System; FCA Tells Credit Cards To Ease Up On Non-Payers
Top News In Payments: Mastercard CEO Pushes Back Against National Payments System; FCA Tells Credit...
February 03, 2020  |  News

In today’s top payments news, Mastercard’s CEO speaks out against a national payments system, the FCA tells credit card companies to be reasonable with customers...

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UK Watchdog Seeks Tighter Grip On US Big Tech
UK Watchdog Seeks Tighter Grip On US Big Tech
February 03, 2020  |  Legal & Regulation

The U.K.’s Competition and Markets Authority (CMA) is pushing for more leeway to go after U.S. Big Tech firms in the wake of Brexit, the...

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