Tag: European Commission
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...
Paradox of cash: Prevalence of banknotes leaves EU exposed to fraud...
The European Commission has published its newest evaluation of the financial threats and cyber crime endangering the internal EU market, highlighting that even after...
Merging PSD2 and Electronic Money Directive can ‘reduce friction and allow...
The European Banking Authority (EBA) has called for PSD2 - the second Payment Services Directive - to be merged with the Electronic Money Directive...
MGA seeks new legal lead as Dr Sant ends counsel
The Malta Gaming Authority (MGA) seeks a new General Counsel, confirming that incumbent Dr Yanica Sant has chosen to end her four-year tenure as...
The European Commission dismisses calls Expert Group reformation
The European Commission (EC) has distanced itself from calls for the re-establishment of an ‘Expert Group on Online Gambling’ – a cross member state...
European Council back plans for EU payment innovation
EU member states are seeking to boost retail payment efficiency for consumers, making ecommerce transactions widely available and safe across the Union.As part of...
Gibraltar takes a lead in digital asset exchange regulations
Gibraltar has become the first territory in Europe to enhance its regulations in digital asset exchanges, amid varying criticism of international digital asset oversight.This...
UK could increase contactless payments limit following Brexit
Following the UK’s departure from the European Union, the limit for contactless payments within the UK could be increased from £45 to £100.The change...
European Investment Bank provides €15 million of funding to IDnow
German identity verification platform IDnow has been bolstered in its growth ambitions after it was announced the European Investment Bank (EIB) will provide the...