Tag: European Commission
Innovation beckons after Apple opens up NFC transactions
Apple has revealed that other developers will be able to offer near-field communication (NFC) transactions within their apps after years of exclusivity. Following the launch...
Money20/20: Digital Wallets – the future of public infrastructure?
When you hear the word “wallet”, what do you think of?For the majority of people, they would picture a traditional wallet that is used...
EU chasing AML harmonisation with new rule package
A new package of anti-money laundering rules has been adopted by the European Council, which has been looking for ways to fill gaps in...
EU 10 second instant payment rules to come into effect after...
Payment service providers active in the EU will now be required under European Commission regulations to offer merchants instant payments within 10 seconds.The implementation...
Apple reportedly set to face €500m penalty in EU antitrust ruling
The European Union’s (EU) legal clash with Apple is set to culminate in a hefty fine for the Silicon Valley giant, in a development...
European Commission set to tap into Moody’s Analytics for fraud prevention
Moody’s Analytics has enhanced growth with the awarding of a new Framework Contract (FWC) by the European Anti-Fraud Office (OLAF). It comes amid fraud, money...
The Blockchain Bulletin: Why Europe is preparing for Web 4.0
Payment Expert’s Blockchain Bulletin analyses how the world of blockchain is constantly evolving and having a major impact on the payment industry, with cryptocurrencies,...
European Commission explores avenues to embrace the metaverse
The European Commission (EC) has recently outlined a multitude of new strategies and ideas to embrace what it is labelling as ‘Web 4.0’ functions,...
European Commission’s PSD3 proposals ‘bring payments into the digital age’
The European Commission (EC) has announced plans to overhaul the Payments Services Directive (PSD) to its next phase, ‘PSD3’, which aims to further embed...
EBA releases final report on remote customer onboarding guidelines
The European Banking Authority (EBA) has given its final say on the guidelines for remote customer onboarding solutions.They will be applicable to all credit...
