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EU
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1.5KRegulationBrexit To Bring ECB Scrutiny To Bear On Banks
Brexit backlash? Banks should brace for more focus – at least from the European Central Bank – on capital structure and liquidity...
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2.8KInternationalAs Brexit Looms, FinTech Firms Scramble For Lithuanian Licenses
With Britain set to leave the European Union on March 29, financial companies from Britain and elsewhere are scrambling to secure electronic...
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1.6KBrexitUK Preps For No-Deal Brexit Via Customs, Clearing Houses
The U.K. continues to prepare for the possibility of a no-deal Brexit by making sure its clearing houses and customs procedures can...
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3.2KInternationalProspect Of ‘No Deal’ Brexit Has FinTechs Scrambling
Deal or no deal? No, not the game show, because in the case of “no deal,” it seems like no one wins....
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3.5KB2B PaymentsBarclays Shifts 15 Pct Of Assets To Dublin In Brexit Plan
U.K. financial institution Barclays has moved about 15 percent of its total assets to Dublin in anticipation of Brexit, reports in the...
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2.6KRegulationFacebook Could Face Challenge To Integrating Messaging Apps In EU
Facebook could face challenges by the European Union if it integrates Instagram, WhatsApp and Messenger messaging functions, reported CNBC. The report, citing...
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4.9KSecurity & FraudTwitter Data Breach Prompts GDPR Investigation
The Irish Data Protection Commissioner (DPC) is Twitter’s lead regulator in the European Union. On Friday (Jan. 25), the DPC said it...
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4.4KRegulationMastercard Fined $648M Over X-Border EU Interchange Fees
Mastercard was slapped with a $648.3 million fine by the European Union, which alleged that the payments company raised the costs of...
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3.5KMobile PaymentsAlipay Latest To Ride eMoney License Trend
Alipay’s latest expansion — this time, to Luxembourg — shows not only the increasing reach of the China-based mobile payments ecosystem, but...
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3.4KRegulationEU Antitrust Reg Margrethe Vestager Plans Big Tech Policy Report
Margrethe Vestager, the European Union’s top antitrust cop, is coming to the end of her term as antitrust enforcer, but not before...
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3.2KInternationalUK Mortgages, Credit Demand To Decline Pre-Brexit
British lenders say that leading up to Brexit, they expect the largest drop in demand for credit cards and mortgages than they’ve...
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2.6KB2B PaymentsGovernment Suppliers To See A Few Changes Post-Brexit
In a historic defeat, U.K. Prime Minister Theresa May saw a dramatic rejection of her Brexit deal on Tuesday (Jan. 15), adding...
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4.6KGoogleWill Google And The Digital Economy Be Tied To EU’s ‘Right To Be Forgotten’?
Excuse the hyperbole, but Google (and other search engines) dodged a bullet this week when it came to privacy regulations that come...
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3.0KSecurity & FraudAuditors Say EU Failed To Stop Misuse Of Funds
Auditors of the European Union said Thursday (Jan. 10) that the EU is failing to stop the misuse of funds to the...
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3.8KRegulationPSD2: Ready Or Not? Not, Says Whitepages Pro
Eight months can seem like an eternity – all the time in the world to get things done, to plan, to implement,...
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2.8KBrexitConsumer Lending In UK Declines Amid Brexit Uncertainty
The pre-Brexit decline in the U.K. economy is showing further signs as lending to consumers in the country increased at the slowest...
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3.7KSecurity & FraudEuropean Union Wary Of Chinese Tech
The European Union wants tougher examination of potential risks associated with Chinese tech companies, amid growing fears of cybercrimes linked to Beijing...
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7.0KFacebookAndroid Apps Feed Facebook User Data, Violate EU Reg
Some popular apps for Android smartphones are feeding data to Facebook without user consent, which could be a breach of the European...
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2.1KInternationalEuropean Bank Stocks Down A Collective 25 Percent
It’s been a difficult year for European banks, and shares in 2018 were the worst since the eurozone crisis, according to the...
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3.5KFacebookFacebook Breaches Stoke Calls For New Regs
The Facebook Cambridge Analytica breach and the knowledge that the company was selling private information to companies might mean that Congress will...
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2.7KRegulationSEC Head Begs EU, UK To Stabilize Post-Brexit Plan
Jay Clayton, the chief of the U.S. Securities and Exchange Commission (SEC), urged European Union and U.K. lawmakers to prepare for a...
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2.3KEuropeFrance To Move Ahead With Tech Tax In January
France, which had vowed to start taxing Google, Apple, Facebook, and Amazon in December if the European Union failed to agree on...
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2.2KRegulationEBA To Banks: Prepare For Brexit
The European Banking Authority (EBA) told European banks on Monday (Dec. 17) to prepare for Brexit and the possible sudden withdrawal of...
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1.9KRegulationFrance Anxious To Tax Apple, Google, Other Tech Giants
Bruno Le Maire, France’s economy minister, announced today (Dec. 17) that he wants France to start taxing big tech giants beginning Jan....
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6.0KBrexitEBA: No-Deal Brexit Would Hurt UK Payment Firms
Payment providers in the U.K. are not fully prepared for the chance of a no-deal Brexit, warned the European Banking Authority late...
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3.7KRegulationAmid GDPR Probe, Mobike To Sell Europe Branch
Chinese bike-sharing company Mobike might be looking to spin off its European arm after it was revealed that it’s being investigated for...
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3.5KApple PayEU Reg Could Probe Apple Pay For Market Dominance
Regulators in the European Union looked at Apple Pay, the company’s mobile payment system, and came to a conclusion about its market...
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4.1KBlockchainEU Blockchain Forum Recommends Digital Identity Systems
In its newest report, the EU Blockchain Forum (EUBF) noted that government bodies need to home in on two aspects of the...
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2.9KRegulationEuropean Parliament Pushes Tougher Laws Against Google, Amazon, Apple
European lawmakers voted to spruce up legislation aimed at tech giants to put a stop to unfair business practices, according to a...
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3.1KB2B PaymentsBrexit’s Looming FX Risk For SMBs
Yea or nay for Theresa May’s Brexit plan comes next week, via Parliament’s Dec. 11 vote. SMBs reliant on cross-border trade are exposed...
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3.7KRegulationVisa, Mastercard Cut Tourist Card Usage Fees To End EU Probe
Visa and Mastercard are offering to cut fees that are paid by merchants on tourists’ card payments made in the European Union...
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2.8KTaxesFacebook, Google Targeted In Revised Franco-German Tech Tax
France and Germany have come up with a compromise for a European Union (EU)-wide digital tax, abandoning a wide-ranging 3 percent tax...
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3.8KRegulationDraft Guidelines Clarify GDPR Scope
As GDPR continues to take root, having an impact in Europe and beyond the confines of the continent, news came late last...
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5.5KInternationalEU’s Transfer Service Takes Aim At PayPal
The European Central Bank launched the TARGET Instant Payment Settlement, or TIPS, on Friday (Nov. 30), with the aim of competing with...
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1.5KBrexitLondon Could Lose Billions In Banking Assets As A Result Of Brexit
Frankfurt Main Finance, the lobbying group, is warning that London will lose up to €800bn (£700bn) in assets to Frankfurt by March as...
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2.7KSecurity & FraudEU Watchdogs File Privacy Complaint Against Google
Google is facing a privacy complaint filed by a group of European consumer watchdogs that contend the internet giant used manipulative tactics...
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1.9KBrexitBrexit Is (Finally) Approved, Awaits Parliamentary Vote
European Union leaders have approved a treaty with Theresa May outlining Brexit terms with the U.K. According to the Wall Street Journal,...
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3.7KGoogleGoogle Shopping Rivals Question EU Rule Compliance
Shopping comparison website operators sent a letter to the European Union’s Competition Commissioner Margrethe Vestager late last week contending that Google isn’t...
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12.3KTravel PaymentsEU Probes Sabre, Amadeus Over Airline Ticket Prices
The European Union has launched an inquiry into deals between players in the air travel industry that may have resulted in a...
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4.0KGoogleEU ‘Link Tax’ May Shutter Google News Abroad
A “link tax” might mean the end of Google News in the EU. Richard Gingras, the search engine’s vice-president of news, said...
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4.0KRegulationBig Tech’s FinServ Moves Prompt EU Regulatory Probe
Moves on the part of Amazon and Google to enter the financial services market is prompting European financial regulators to mull whether...
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2.6KRegulationUnder GDPR, EU Regulators Probe Data Brokers, Credit Rating Agencies
A campaign group has asked EU regulators to investigate several data brokers, credit rating agencies and adtech companies to see if they...
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2.9KRegulationFrance’s Finance Minister Wants EU-Wide Digital Tax By Year End
France is plowing ahead with its vision for a European Union-wide digital tax, with the country’s Finance Minister Bruno Le Maire saying he...
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2.2KEconomyUK, European Union Make Progress On Deal Talks
The U.K. and the European Union are reportedly making progress on a deal that would give London access to the EU markets...
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2.2KB2B PaymentsEuropean CFOs Scramble To Issue Debt Ahead Of Brexit, ECB Changes
European chief financial officers are issuing more debt as they brace for market volatility ahead of Brexit and changes coming from the...
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7.8KBrexitBrexit A Boon For Blockchain?
As U.K. gears up to leave the EU, questions arise over cross-border trade and payments. Might technology be a salve? One study from...
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2.1KBrexit
No-Deal Brexit Could Spark UK Economic Recession
Great Britain could be headed toward a long recession if it can’t strike a Brexit deal. Credit ratings agency Standard & Poor’s (S&P)...
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3.4KB2B PaymentsRBS Allocates $2.6B To Help SMBs Prepare For Brexit
With fears mounting over supply chain and financial disruptions as a result of Brexit, the Royal Bank of Scotland (RBS) has reportedly...
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3.2KSafety and SecurityApple CEO Calls On The US To Embrace EU-Type Privacy Laws
Tim Cook, the chief executive of Apple, is calling on the government in the U.S. to embrace privacy laws that are similar...
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6.7KBrexitJaguar CEO: Hard Brexit Could Spark Huge Job Losses
The CEO of Jaguar Land Rover has warned that key industries will be destroyed by a hard Brexit. Last month it was...
