EU

The European Union is a political and economic union of 28 member states that are located primarily in Europe. Its members have a combined area of 4,475,757 km² and an estimated total population of about 513 million.

Source: en.wikipedia.org

As Brexit Looms, FinTech Firms Scramble For Lithuanian Licenses

As Brexit Looms, FinTech Firms Scramble For Lithuanian Licenses
As Brexit Looms, FinTech Firms Scramble For Lithuanian Licenses
February 08, 2019  |  Cross-border Payments

With Britain set to leave the European Union on March 29, financial companies from Britain and elsewhere are scrambling to secure electronic money institution licenses...

READ MORE >
UK Preps For No-Deal Brexit Via Customs, Clearing Houses
UK Preps For No-Deal Brexit Via Customs, Clearing Houses
February 05, 2019  |  Economy

The U.K. continues to prepare for the possibility of a no-deal Brexit by making sure its clearing houses and customs procedures can still do business...

READ MORE >
Prospect Of ‘No Deal’ Brexit Has FinTechs Scrambling
Prospect Of ‘No Deal’ Brexit Has FinTechs Scrambling
February 01, 2019  |  Cross-border Payments

Deal or no deal? No, not the game show, because in the case of “no deal,” it seems like no one wins. That’s a nod...

READ MORE >
Barclays Shifts 15 Pct Of Assets To Dublin In Brexit Plan
Barclays Shifts 15 Pct Of Assets To Dublin In Brexit Plan
January 31, 2019  |  B2B Payments

U.K. financial institution Barclays has moved about 15 percent of its total assets to Dublin in anticipation of Brexit, reports in the BBC said on Wednesday...

READ MORE >
Facebook Could Face Challenge To Integrating Messaging Apps In EU
Facebook Could Face Challenge To Integrating Messaging Apps In EU
January 29, 2019  |  Legal & Regulation

Facebook could face challenges by the European Union if it integrates Instagram, WhatsApp and Messenger messaging functions, reported  CNBC. Get the Full Story Complete the...

READ MORE >
Twitter Data Breach Prompts GDPR Investigation
Twitter Data Breach Prompts GDPR Investigation
January 25, 2019  |  Cybersecurity

The Irish Data Protection Commissioner (DPC) is Twitter’s lead regulator in the European Union. On Friday (Jan. 25), the DPC said it was again looking...

READ MORE >
Mastercard Fined $648M Over X-Border EU Interchange Fees
Mastercard Fined $648M Over X-Border EU Interchange Fees
January 22, 2019  |  Legal & Regulation

Mastercard was slapped with a $648.3 million fine by the European Union, which alleged that the payments company raised the costs of card payments artificially....

READ MORE >
Alipay Latest To Ride eMoney License Trend
Alipay Latest To Ride eMoney License Trend
January 21, 2019  |  Mobile Payments

Alipay’s latest expansion — this time, to Luxembourg — shows not only the increasing reach of the China-based mobile payments ecosystem, but also stands as...

READ MORE >