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

Italy’s New Government Now Likes Cash

Italy’s New Government Now Likes Cash
Italy’s New Government Now Likes Cash
December 04, 2022  |  Digital Payments

Italy could give merchants permission to decline digital payments on transactions under 60 euros. New prime minister Giorgia Meloni has proposed that change in her...

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Monetization and Real-Time Payments Define EU Open Banking API Innovation
Monetization and Real-Time Payments Define EU Open Banking API Innovation
December 02, 2022  |  API

Bank APIs are the foundation of European open banking. Since the EU’s second payment services directive (PSD2) came into force, regional banks have created application...

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EU Governments Could Ditch Facebook Platform Over Poor Data Handling
EU Governments Could Ditch Facebook Platform Over Poor Data Handling
December 01, 2022  |  Facebook / Meta

The Dutch government will stop using Facebook if private data handling is not improved. In a recent letter to Parliament, State Secretary Alexandra van Huffelen...

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Thales Intros Voice Payment Card for Visually Impaired 
Thales Intros Voice Payment Card for Visually Impaired 
December 01, 2022  |  Payment Methods

Thales has introduced a Voice Payment Card for the visually impaired. First revealed in September, the assistive technology has now been certified by Visa and Mastercard,...

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Unbanked Launches Crypto Card in Europe
Unbanked Launches Crypto Card in Europe
November 30, 2022  |  Cryptocurrency

Unbanked has expanded its cryptocurrency card program to Europe. The New York-based crypto FinTech announced on Wednesday (Nov. 30) that eligible residents in the U.K.,...

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European Commission Says MiCA Oversight Would Have Prevented FTX Collapse
European Commission Says MiCA Oversight Would Have Prevented FTX Collapse
November 30, 2022  |  Cryptocurrency

An EU official has said that the MiCA regime would have prevented FTX’s failures. Speaking at a hearing of the European Parliament’s Committee on Monetary...

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BaFin Helps German FinTechs Navigate Regulatory Landscape With New Innovation Hub
BaFin Helps German FinTechs Navigate Regulatory Landscape With New Innovation Hub
November 29, 2022  |  Legal & Regulation

“Innovation is key to any market’s survival.” It’s based on that premise that Germany’s Federal Financial Supervisory Authority (BaFin) has launched a FinTech Innovation Hub,...

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UK Looks to Hold Onto Global Finance Center Status
UK Looks to Hold Onto Global Finance Center Status
November 29, 2022  |  Banking

The U.K. will amend its banking rules to help London remain a global finance hub. As Reuters reported Tuesday (Nov. 29), London city minister Andrew...

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