European Commission

The European Commission is the executive branch of the European Union, responsible for proposing legislation, implementing decisions, upholding the EU treaties and managing the day-to-day business of the EU.

Source: ec.europa.eu

Visa, Mastercard Cut Tourist Card Usage Fees To End EU Probe

Visa, Mastercard Cut Tourist Card Usage Fees To End EU Probe
Visa, Mastercard Cut Tourist Card Usage Fees To End EU Probe
December 04, 2018  |  Legal & Regulation

Visa and Mastercard are offering to cut fees that are paid by merchants on tourists’ card payments made in the European Union — an effort...

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EU ‘Link Tax’ May Shutter Google News Abroad
EU ‘Link Tax’ May Shutter Google News Abroad
November 19, 2018  |  Google

A “link tax” might mean the end of Google News in the EU. Get the Full Story Complete the form to unlock this article and...

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EU Cracks Down On Passport Sales Due To Money Laundering
EU Cracks Down On Passport Sales Due To Money Laundering
October 10, 2018  |  Europe

The European Commission announced Wednesday (October 10) that it plans to provide European Union states with guidelines for handling national schemes to sell passports and...

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Google Provides EU With Second Shopping Report
Google Provides EU With Second Shopping Report
October 02, 2018  |  Google

Google has handed over a second report to European Union (EU) antitrust regulators, detailing its proposal to allow more shopping rivals to bid for ads...

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EC Eyes Greater Enforcement Over Money Laundering
EC Eyes Greater Enforcement Over Money Laundering
September 10, 2018  |  Cybersecurity

The European Commission is crafting a proposal aimed at giving the European Banking Authority more enforcement powers and resources to go after banks that are...

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POM: Fighting Late Payments By Easing Invoice Payments Friction
POM: Fighting Late Payments By Easing Invoice Payments Friction
September 05, 2018  |  B2B Payments

Suppliers and vendors may feel a lack of control when it comes to accounts receivable. Once an invoice is sent out, it may seem largely...

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Bank Of England’s Carney Signals He Will Stay On Past His Term
Bank Of England’s Carney Signals He Will Stay On Past His Term
September 04, 2018  |  Cross-border Payments

With the U.K. gearing up to leave the European Union, the country got a little bit of stability when Bank of England Governor Mark Carney...

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The SWIFT Debate, In Europe And Beyond
The SWIFT Debate, In Europe And Beyond
August 30, 2018  |  B2B Payments

There may be no swift end to this SWIFT debate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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