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 Parliament Calls For More Consumer Protection In AI, Automation

EU Parliament Calls For More Consumer Protection In AI, Automation
EU Parliament Calls For More Consumer Protection In AI, Automation
January 24, 2020  |  Cross-border Payments

Parliament’s Internal Market and Consumer Protection Committee issued a resolution Thursday (Jan. 23) that will put rules into place to address the challenges of fast-developing...

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EU Court Rules Airbnb Doesn’t Need Estate License
EU Court Rules Airbnb Doesn’t Need Estate License
December 19, 2019  |  Europe

Europe’s highest court ruled that Airbnb is an “information society service” rather than a property broker or estate agent, TechCrunch reported on Thursday (Dec. 19)....

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EU Calls For Anti-Money Laundering Reforms
EU Calls For Anti-Money Laundering Reforms
December 05, 2019  |  AML

European Union finance ministers on Thursday (Dec. 5) agreed on strategy for anti-money laundering (AML) reforms and countering the financing of terrorism, Reuters reported. Get...

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EU Finance Ministers Say Libra, Other Stablecoins Are Too Risky
EU Finance Ministers Say Libra, Other Stablecoins Are Too Risky
December 05, 2019  |  Cryptocurrency

EU finance ministers came to an agreement on Thursday (Dec. 5) that digital currencies like Facebook’s Libra have no place in the European Union unless...

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EU Warns Of Legal Risks With 5G Supplier Contracts
EU Warns Of Legal Risks With 5G Supplier Contracts
November 25, 2019  |  Cybersecurity

Ahead of a meeting of European ministers, a European Union (EU) document noted that governments in the bloc should mull the broader consequences of giving...

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SCA Awareness Issues Persist Among EU Merchants, Consumers
SCA Awareness Issues Persist Among EU Merchants, Consumers
November 07, 2019  |  Legal & Regulation

Earlier studies found a surprising lack of both consumer and merchant awareness about the European Union’s Strong Customer Authentication (SCA) and second Payment Services Directive...

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Deutsche Bank Backs Idea For Stronger Banking Union
Deutsche Bank Backs Idea For Stronger Banking Union
November 06, 2019  |  Banking

Deutsche Bank Deputy Chief Executive Officer Karl von Rohr said the bank welcomes a finance ministry proposal from Germany that would strengthen the European banking...

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EU Draft Floats Digital Currency Proposal To Counteract Libra
EU Draft Floats Digital Currency Proposal To Counteract Libra
November 05, 2019  |  Cryptocurrency

A European Union draft document says the European Central Bank (ECB) should contemplate issuing its own digital currency, Reuters reported on Tuesday (Nov. 5). Get...

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