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

Lackluster Rollout of SEPA Instant Stymies EU Payment System Success, Says Wise Product Chief

Lackluster Rollout of SEPA Instant Stymies EU Payment System Success, Says Wise Product Chief
Lackluster Rollout of SEPA Instant Stymies EU Payment System Success, Says Wise Product Chief
June 23, 2022  |  emea

In the context of European banking, customers increasingly expect real-time transactions, transparent exchange rates and reasonable transfer fees. In practice, however, the way banks operate...

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Lithuania’s Startup Scene Shows Resilience in the Face of Looming Russia Threats
Lithuania’s Startup Scene Shows Resilience in the Face of Looming Russia Threats
June 22, 2022  |  Startups

Amid Russian threats to punish Lithuania over blocked rail shipments to the enclave of Kaliningrad, Lithuanians today are bracing themselves for retaliation from Moscow. Yet...

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TikTok Agrees to Improve EU Consumer Rights, Avoiding Potential Sanctions
TikTok Agrees to Improve EU Consumer Rights, Avoiding Potential Sanctions
June 21, 2022  |  Regulation

TikTok will be boosting protections aimed to help children avoid persuasive ads on the platform, Reuters reported Tuesday (June 21). Get the Full Story Complete...

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TechReg Weekly EMEA: Apple, Google, Meta Offer Commitments to End EU Probes
TechReg Weekly EMEA: Apple, Google, Meta Offer Commitments to End EU Probes
June 17, 2022  |  Technology

This week, Big Tech firms seem to have coordinated to offer remedies to EU regulators to end different antitrust probes as Amazon, Meta and Google...

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UK Pledges to Change 50-Year-Old Consumer Credit Law
UK Pledges to Change 50-Year-Old Consumer Credit Law
June 17, 2022  |  International

The United Kingdom government has announced plans to reform the Consumer Credit Act, which regulates credit card purchases and personal loans. The proposed overhaul aims...

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Bankers Urge EU to Proceed With Caution on Digital Euro
Bankers Urge EU to Proceed With Caution on Digital Euro
June 16, 2022  |  CBDC

A trade group representing the banking industry is urging European Union officials exploring the creation of a digital euro to proceed slowly and carefully. Get...

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ECB’s Panetta Urges Firms to Adopt EU Instant Payment Solutions
ECB’s Panetta Urges Firms to Adopt EU Instant Payment Solutions
June 16, 2022  |  Faster Payments

The European Union should continue working on a pan-European payment solution based on instant payments and a digital euro to avoid relying on United States...

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Europe New Battleground in Fight Against Platform Monopolies
Europe New Battleground in Fight Against Platform Monopolies
June 16, 2022  |  Big Tech

In Apple’s ongoing antitrust woes, the locus of the company’s legal concerns is increasingly moving from the U.S. to Europe as investigations by EU and...

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Circle Debuts Euro Stablecoin
Circle Debuts Euro Stablecoin
June 16, 2022  |  Cryptocurrency

With Circle’s announcement today of a new euro-denominated stablecoin called Euro Coin, the second-largest issuer of dollar-pegged cryptocurrencies is making a play for leadership of...

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