EU

The European Union is a political and economic union of 28 member states that are located primarily in Europe. Its members have a combined area of 4,475,757 km² and an estimated total population of about 513 million.

Source: en.wikipedia.org

New EU Instant Payment Rules to Bolster Mainstream Open Banking Adoption
New EU Instant Payment Rules to Bolster Mainstream Open Banking Adoption
October 26, 2022  |  Faster Payments

The European Commission (EC) published a draft proposal on Wednesday (Oct. 26) intended to force banks and payment service providers (PSPs) to offer 24/7 instant...

READ MORE >
Businesses Push Banks, FIs for Innovation in B2B Payments
Businesses Push Banks, FIs for Innovation in B2B Payments
October 24, 2022  |  B2B Payments

You could call it a case of better late than never. This is as financial institutions (FIs) around the globe work to bring the speed...

READ MORE >
B2B Marketplace Fills Financing Gap For Int’l Jewelry Buyers
B2B Marketplace Fills Financing Gap For Int’l Jewelry Buyers
October 24, 2022  |  B2B Payments

With over a million diamonds globally available from sellers all over the world, working with a customer to find the right item, such as an...

READ MORE >
DeFi Regulation Needs More Than MiCA, EC Hears
DeFi Regulation Needs More Than MiCA, EC Hears
October 21, 2022  |  Cryptocurrency

The European Union’s (EU) Markets in Crypto Assets (MiCA) regulation isn’t broad enough to cover decentralized finance, a finance professor said during a presentation to...

READ MORE >
EU Approves Merger of Nordic Mobile Payments Firms MobilePay, Vipps
EU Approves Merger of Nordic Mobile Payments Firms MobilePay, Vipps
October 21, 2022  |  emea

Denmark-based digital payments app MobilePay has announced that the EU Commission has approved its merger with Norway-based smartphone digital payments app Vipps.  The new group...

READ MORE >
Exits, Partnerships Signal Ongoing Shakeup In Competitive EU Q-Commerce Market
Exits, Partnerships Signal Ongoing Shakeup In Competitive EU Q-Commerce Market
October 20, 2022  |  emea

The global delivery food market has been going through a shakeup this year, one that has been defined by high-profile exits, partnerships and consolidation moves...

READ MORE >
FIs, FinTechs Leverage Blockchain To Power X-Border Payments In EU, Middle East
FIs, FinTechs Leverage Blockchain To Power X-Border Payments In EU, Middle East
October 19, 2022  |  Blockchain

In discussions of blockchain technology and its effect on payments, the idea that cryptocurrencies like Bitcoin will replace fiat money abounds. While arguments for and...

READ MORE >
EU Competition Officials Say Regulatory Tools Can Be Used in Metaverse
EU Competition Officials Say Regulatory Tools Can Be Used in Metaverse
October 19, 2022  |  Metaverse

Will metaverse markets be ones in which consumers and businesses can participate freely or ones in which dominant platforms and companies can control access and...

READ MORE >
Increasing RuPay, UPI Acceptance In EU, Middle East Helps Indian Travelers Spend With Ease
Increasing RuPay, UPI Acceptance In EU, Middle East Helps Indian Travelers Spend With Ease
October 18, 2022  |  Cross-border Payments

When the Reserve Bank of India (RBI) outlined its vision for a national payment system that would rival international card schemes, its primary goals were...

READ MORE >