Tag: EU
Meta hit with £346m sanction over use of EU consumer data
Global social media and tech giant Meta has been hit with a £346m sanction over data failures in the EU.
The shortcomings centred around targeted...
EU’s Instant Payment Legislation is ‘a milestone for consumers’
In what is being cited as a landmark move for the European payments ecosystem, the EU is implementing new legislation that ensures banks in...
Stripe expands its offering to new territories to mitigate friction
Financial software service Stripe is expanding its presence in several new regions with its aim to help mitigate friction from the payment journey.
Stripe will...
Banktivity offers Open Banking to EU and UK customers through Salt...
Both companies see a huge potential in the personal financial management market.
Nets chosen to boost myTU’s payments offering
An EU-focused partnership, Nets will support myTU with a plethora of customer payment offerings.
EU regulators: Crypto trading ‘not suited’ for the average consumer
Purchasing crypto assets is an unsuitable investment for the average consumer, EU financial regulators have warned.
The European Supervisory Authorities consisting of the EBA, ESMA,...
First cross-border EU AML initiative set to expand after successful launch
In seven months, the first cross-border European anti-money laundering (AML) initiative has kept €3m in personal finances away from criminals.
Led by Estonia-based regtech company...
The EU extends sanctions against Russia and Belarus
The European Commission has announced an approval over the extension of sanctions affecting Russia and Belarus.
In response to the newest developments of the Ukraine...
EU orders SWIFT removal of seven Russian banks
In a statement issued today, the European Union has announced that a total of seven Russian banks will be taken off from SWIFT.
The move...
Joe Biden: ‘Removing Russia from SWIFT is not the route European...
The power struggle over whether to inflict what many are citing as the most impactful economic sanction on Russia, in removing them from the...
