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EU
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678GoogleEU Wants Info On Google Antitrust Actions
European Union officials are looking for feedback on Google’s attempts to shut down two antitrust investigations. Sources revealed to Bloomberg that Google...
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1.5KEuropeEuropean Commission Investigates Past Money Laundering Cases
A European Union (EU) official has revealed that the European Commission (EC) is taking a close look into past money laundering cases...
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1.3KANTITRUSTGoogle Appeals European Commission’s $1.7B Fine
Google has appealed the European Commission’s $1.7 billion fine, which was issued March for anti-competitive behaviors in the online advertising market. CNBC,...
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2.2KeCommerceStripe Says SCA Puts Billions Of Online Sales At Risk
Amazon, Worldpay, and Stripe — the eCommerce and payment companies — are expressing concern that a lack of preparedness by the industry to...
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2.1KRegulationSpain’s Central Bank Calls For Deposit Insurance Scheme
The Bank of Spain wants eurozone countries to complete their banking alliance by creating a deposit insurance scheme and a stabilization fund....
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3.7KPartnerships / AcquisitionsIBM’s $34B Bid For Red Hat Subject To EU Regulator’s Approval
IBM has bid $34 billion for the software company Red Hat, but the deal is subject to approval by EU antitrust regulators,...
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3.1KRegulationHow OnBuy Is Tackling SCA Compliance
Most consumers have come to expect a one-stop, one-click shopping experience, and merchants want to deliver. eCommerce innovations have been focused on...
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3.3KRegulationEU To Investigate Apple’s Music Service
Apple has landed in European Union regulators’ radar over a complaint by rival music streaming service Spotify, which has prompted a formal...
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1.7KSecurity & FraudEU Probe: Danske Ignored Russia’s Money Laundering Warnings
Danske Bank ignored warnings from Russia’s Central Bank about money laundering and suspicious transactions worth billions through Danske’s Estonian branch, Reuters reported....
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2.2KBrexitTreasury Opposes UK’s Plans For EU Tuition Spike
Theresa May, the prime minister of the U.K., is expected to face backlash over a proposal in which EU nations would pay...
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1.7KSecurity & FraudEU Watchdog Calls For Money Laundering Reform
The European Banking Authority is facing calls from the financial regulation head in Europe to improve its money laundering safeguards after opting...
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1.9KGoogleIn Response To EU Antitrust Concerns, Google Gives Android Users More Options
A senior Google executive said the company is responding to concerns from EU antitrust regulators by allowing Android users the option to...
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6.3KRegulationPSD2 Challenges Leave Norway, Netherlands Playing Catch-Up
Since many European Union (EU) countries have now brought PSD2 and GDPR fully into their financial infrastructures, banks and merchants must prepare...
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3.5KRegulationLegislators In The EU Close Banking Loopholes
Legislators in the European Union have approved a slew of banking reforms including the closing of loopholes exposed by the financial crisis,...
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2.9KRegulationUK Regulator: Stop Pushing Kids Into Apps
The U.K.’s tech regulator, the ICO, wants companies like Facebook and Snap to stop enticing kids to their websites and apps. According...
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9.3KB2B PaymentsThe Cybersecurity Threat Of GDPR
The General Data Protection Regulation (GDPR) represented a new phase in data security and EU regulators’ approach to it. Designed to safeguard...
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5.3KSecurity & FraudG7 Gears Up To Prevent Cybercrime
Western countries are gearing up to create cybers strategies aimed at preventing foreign countries like Russia and China from lodging internet attacks...
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1.9KBrexitBrexit Uncertainty Forces UK Cos To Stockpile Goods
British companies are preparing for Brexit by stockpiling goods at rates usually seen during times of war. In fact, according to a...
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4.4KBlockchainSWIFT, Ripple Support EU Blockchain Group Launch
A new blockchain association has been created to promote the adoption of the technology across the European Union. The group — the International...
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3.0KRegulationEU Academics Say Tech Firms Shouldn’t Be Broken Up, Should Share Data Instead
A group of academics appointed by EU antitrust regulators say tech companies should be compelled to share data with each other, as...
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2.4KBrexiteasyJet: Drawn-Out Brexit Could Impact Earnings
Amid the pending withdrawal of the U.K. from the European Union (EU), easyJet noted that travelers are more reserved with their ticket...
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5.8KAmazonEU Approaches Decision After Amazon Investigation
The European Commission is nearing a decision on its investigation into Amazon, with the European Union competition chief saying over the weekend...
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4.5KInternationalFrance, Germany And EU Want China To Play Nice
The European Commission, along with France and Germany, are calling on China to open its domestic market more to foreign companies. According...
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4.1KRegulationCustomer Awareness Is Key For PSD2 Adoption In The Netherlands
The implementation of PSD2 represents an opportunity for countries to overhaul their financial infrastructures, forcing them to upgrade older systems so businesses...
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3.3KBank RegulationNorwegian Regulators: AML Measures Fell Short
The Financial Supervisory Authority (FSA) in Norway said that several banks didn’t make sufficient anti-money laundering assessments in 2018, according to a...
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3.1KGoogleYelp: Google Hasn’t Done Enough To Highlight Rivals
While Google is making ad changes to appease European Union regulators, it isn’t enough to help its rivals, according to Yelp. Two years...
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2.7KGoogleGoogle Backs Competitors Amid EU Antitrust Probe
In an apparent effort to appease European Union antitrust regulators, Google is attempting to boost rivals like Kelkoo, a French price-comparison service,...
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5.6KRegulationGoogle Faces Antitrust Fine From EU Over AdSense
Google and its parent company Alphabet could be facing an antitrust fine from the European Union in the coming weeks over its...
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2.7KAppleEU Reg Mulls Apple Antitrust Investigation
The European Union’s competition regulator might launch a probe of Apple over antitrust allegations. The tech giant is accused of using its...
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5.6KRegulationNetherlands First EU Country To Release GDPR Fining Policy
The Dutch Data Protection Authority (DDPA) in the Netherlands has released its own General Data Protection Regulation (GDPR) fining policy, according to...
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6.3KBankingJPMorgan CEO: Europe Needs Pan-European Banks
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said European banks should look beyond their borders for mergers to take advantage...
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4.0KBrexitParliament Rejects PM’s Deal And A No-Deal Brexit
It wound up being no deal for a no-deal Brexit. As widely reported this week, the U.K. Parliament gave a thumbs down,...
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5.3KANTITRUSTSpotify’s Antitrust Verse In Growing Chorus Against Apple’s Apps
And, now, a bit of disharmony in the music streaming business. As reported Wednesday (March 13), Spotify, the music streaming juggernaut, has...
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3.7KRegulationEU Antitrust Chief Says To Regulate Data, Not Break Up Tech
European Union Competition Commissioner Margrethe Vestager said that breaking up big tech companies like Facebook and Google should be seen as a...
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3.7KB2B PaymentsUK Gets Nod To Remain In SEPA
The U.K. has been granted permission to retain its membership in the Single Euro Payments Area (SEPA) after it leaves the European...
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4.3KAMLEuropean Commission To Create New AML Blacklist
The European Commission vowed to compile a new list of countries that present a money laundering risk by summer as it steps...
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4.8KToday In DataAdjusting To PSD2 And GDPR In Europe
Consumers in the European Union (EU) are adjusting to Payments Service Directive 2 (PSD2) and General Data Protection Regulation (GDPR), even though these regulations focus on...
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4.4KRegulationHow PSD2 Is Changing Lending In The UK
PSD2 launched in January 2018 and has been active in the European Union for a little over a year now, meaning that...
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3.1KInternationalFrench Government Institutes 3 Percent Digital Tax
The French government is going after U.S.-based internet companies, announcing Wednesday (March 6) the introduction of a digital tax that will impact...
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2.9KEuropeBrexit Prompts EU Watchdog To Urge Protection Of Consumer Deposits
Ahead of the U.K.’s potential departure from the European Union, the bloc’s banking watchdog is imploring member states to protect the deposits of...
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4.6KRegulationEU Report Calls For Finance Authorities, AML Oversight
European Union lawmakers released a report on Wednesday (Feb. 27) recommending that the EU create a police unit dedicated to the investigation...
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3.1KInternationalBrexit Delay May Loom, But What’s Next?
After the delay, the deluge? As has been widely reported, in Britain, Prime Minister Theresa May has agreed to a deal that...
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3.0KRegulationFTC Takes Fresh Aim At Big Tech — And Its Previous Mergers
It’s a process that stands not only as a familiar feature of U.S. history, but a part of global economic development stretching...
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2.5KBrexitMay Delays Brexit Vote As Late As March 12
British Prime Minister Theresa May has delayed a vote in Parliament on her Brexit deal. “We won’t bring a meaningful vote to...
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3.1KRegulationEU Reaches Deal On Marketplace Regs
As far as eCommerce drama goes, the running tension that defines the relationships among the European Union and U.S.-based companies such as...
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3.5KRegulationBrexit 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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3.7KInternationalAs 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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2.2KBrexitUK 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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4.3KInternationalProspect 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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4.6KB2B 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...