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EU
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655RegulationPSD2 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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2.6KRegulationLegislators 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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2.2KRegulationUK 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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7.3KB2B 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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4.0KSecurity & 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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1.5KBrexitBrexit 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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3.9KBlockchainSWIFT, 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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2.6KRegulationEU 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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1.9KBrexiteasyJet: 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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5.0KAmazonEU 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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4.0KInternationalFrance, 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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3.0KRegulationCustomer 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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2.8KBank 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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2.8KGoogleYelp: 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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2.5KGoogleGoogle 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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5.0KRegulationGoogle 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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2.4KAppleEU 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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5.0KRegulationNetherlands 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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5.9KBankingJPMorgan 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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3.6KBrexitParliament 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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4.9KANTITRUSTSpotify’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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3.4KRegulationEU 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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3.4KB2B 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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3.7KAMLEuropean 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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4.4KToday 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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4.0KRegulationHow 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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2.7KInternationalFrench 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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2.7KEuropeBrexit 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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4.2KRegulationEU 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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2.9KInternationalBrexit 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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2.7KRegulationFTC 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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2.4KBrexitMay 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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2.6KRegulationEU 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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3.3KRegulationBrexit 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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3.5KInternationalAs 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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2.1KBrexitUK 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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4.2KInternationalProspect 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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4.4KB2B 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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3.0KRegulationFacebook 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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6.2KSecurity & 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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5.4KRegulationMastercard 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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4.5KMobile 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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4.5KRegulationEU 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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3.8KInternationalUK 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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Government 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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5.5KGoogleWill 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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3.4KSecurity & 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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5.1KRegulationPSD2: 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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3.4KBrexitConsumer 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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4.4KSecurity & 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...
