European Union

The European Union is a political and economic union of 27 member states that are located primarily in Europe. Its members have a combined area of 4,233,255.3 km² and an estimated total population of about 447 million.

Source: europa.eu

EU Slams Cyprus, Portugal Over AML Reform Delays

EU Slams Cyprus, Portugal Over AML Reform Delays
EU Slams Cyprus, Portugal Over AML Reform Delays
February 13, 2020  |  Cybersecurity

Cyprus, the Netherlands, Portugal and other countries are in trouble with the European Commission over their failure to implement new rules cracking down on money...

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EU Softens Stance On 5-Year Ban Of Facial Recognition Tech
EU Softens Stance On 5-Year Ban Of Facial Recognition Tech
February 12, 2020  |  Biometrics

The European Union won’t be passing a blanket moratorium on facial recognition software after initially signaling that it would do so. Get the Full Story Complete...

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New EU Card Rules Could Confuse Customers
New EU Card Rules Could Confuse Customers
February 07, 2020  |  Legal & Regulation

The European Union has issued new rules for contactless payments, which has caused confusion and forced one digital bank to issue new cards, according to...

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EU Seeks Internal Facebook Records Amid Antitrust Probe
EU Seeks Internal Facebook Records Amid Antitrust Probe
February 06, 2020  |  ANTITRUST

Antitrust investigators from the European Union (EU) have requested internal records from Facebook as its investigation into the tech giant intensifies, The Wall Street Journal...

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EU Regulators Want Single Data Market In Europe
EU Regulators Want Single Data Market In Europe
February 03, 2020  |  Legal & Regulation

In Europe, another regulatory salvo may be aimed at U.S. tech firms’ dominance across online platforms, and the collection and use of data. Get the...

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Data Shows Divide In Euro Zone Lending
Data Shows Divide In Euro Zone Lending
January 30, 2020  |  Cross-border Payments

The European Central Bank (ECB) data showed on Wednesday (Jan. 29) that lending to euro zone companies fell to a two-year low at the end...

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EU Wants To Create Single Market Of Data To Offset Big U.S. Tech Companies
EU Wants To Create Single Market Of Data To Offset Big U.S. Tech Companies
January 30, 2020  |  Cross-border Payments

The European Union (EU) wants to create a single market of data that will challenge the dominance of private companies like Amazon and Google, according...

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Premium Labels Ask EU To Crack Down On Big Tech
Premium Labels Ask EU To Crack Down On Big Tech
January 28, 2020  |  Europe

European luxury brands are asking EU regulators to be harder on online tech giants like Amazon and Alibaba regarding fakes and privacy, Reuters reported on...

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