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

U.S. Bank: How Legacy Systems Impede Open Banking Adoption
U.S. Bank: How Legacy Systems Impede Open Banking Adoption
July 01, 2020  |  API

B2B payments account for $25 trillion in the United States each year, but these transactions are often fraught with frustrations and challenges. Studies have found...

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EU Regulators To Decide On Mastercard’s $3.2B Nets Bid By Aug. 3
EU Regulators To Decide On Mastercard’s $3.2B Nets Bid By Aug. 3
June 30, 2020  |  ANTITRUST

The European Commission’s antitrust regulators are poised to rule on whether Mastercard’s $3.2 billion bid for part of the Scandinavian payments company Nets can go...

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UK Financial Authority On The COVID-19 Pandemic’s Impact On Open Banking
UK Financial Authority On The COVID-19 Pandemic’s Impact On Open Banking
June 30, 2020  |  Bank Regulation

The pandemic has accelerated consumer preferences for contactless payments, leaving merchants scrambling to process higher volumes while remaining compliant with rules for strong customer authentication...

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A Merchant’s How-To For Managing The Contactless Payments Surge And SCA Requirements
A Merchant’s How-To For Managing The Contactless Payments Surge And SCA Requirements
June 29, 2020  |  Bank Regulation

The pandemic has drastically affected how consumers are shopping and paying for even routine purchases, and this in turn has altered how businesses are accepting...

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EU To Crack Down On Stablecoin Projects
EU To Crack Down On Stablecoin Projects
June 28, 2020  |  Cryptocurrency

The European Union (EU) is preparing to update its cryptocurrency rules that could make it more difficult for stablecoin projects, such as Facebook Inc.’s proposed...

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European Union To Investigate German Regulator Over Wirecard
European Union To Investigate German Regulator Over Wirecard
June 26, 2020  |  Security & Fraud

The Wirecard scandal surrounding the German payment processor missing $2.1 billion has spilled over the border to Belgium. Brussels is seeking an investigation into the...

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Microsoft Calls For Antitrust Reviews Of App Stores
Microsoft Calls For Antitrust Reviews Of App Stores
June 19, 2020  |  Apple

Microsoft’s Brad Smith, taking a subtle hit at Apple’s App Store, called for regulators to look into possible antitrust violations over the way companies are...

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EU Plans To Fight Foreign Competition
EU Plans To Fight Foreign Competition
June 18, 2020  |  Europe

The European Union (EU) plans to fight the effects of hostile rivals trying to take over businesses vulnerable after the coronavirus pandemic, the Associated Press...

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Today In Payments: Jobless Americans Can’t Afford Doctor Visits; Powell Says US Faces Long-Term Economic Damage
Today In Payments: Jobless Americans Can’t Afford Doctor Visits; Powell Says US Faces Long-Term Economic...
June 17, 2020  |  News

In today’s top news, many jobless Americans can’t afford to seek medical care, and the Fed’s Jerome Powell said the economy is far from a...

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