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

Today In Payments: Walmart Acquires CareZone; Ride-Hailing Firm Grab Cuts Staff
Today In Payments: Walmart Acquires CareZone; Ride-Hailing Firm Grab Cuts Staff
June 16, 2020  |  News

In today’s top news, Walmart acquired health services tech startup CareZone for $200 million, and Grab will lay off more than 300 employees. Plus, WhatsApp...

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EU Investigates Apple Pay, App Store
EU Investigates Apple Pay, App Store
June 16, 2020  |  Apple

The European Union (EU) has launched antitrust investigations into potential violations by Apple of competition laws in its Apple Pay service and App Store, The...

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EU Reportedly To Charge Amazon With Antitrust Violations
EU Reportedly To Charge Amazon With Antitrust Violations
June 11, 2020  |  Amazon

Amazon could be facing antitrust charges by the European Union (EU) as early as next week over its treatment of third-party sellers, The Wall Street Journal...

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TikTok’s Data Privacy Policies Draw Eyes Of EU Authorities
TikTok’s Data Privacy Policies Draw Eyes Of EU Authorities
June 10, 2020  |  Safety and Security

TikTok, the popular Chinese short-form mobile video app, is facing more scrutiny over its privacy policies, Bloomberg reported. The EU’s investigative unit will form a...

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EU Launches Financial Crime Team To Police Pandemic Economy
EU Launches Financial Crime Team To Police Pandemic Economy
June 08, 2020  |  Security & Fraud

The European Union (EU) has established a new unit to wage war against financial crime amid an economy struck by the coronavirus pandemic. Europol, EU’s...

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The EU’s COVID-19 Contactless Limit — Too Little, Too Late?
The EU’s COVID-19 Contactless Limit — Too Little, Too Late?
June 05, 2020  |  Bank Regulation

Financial institutions (FIs) in the European Union (EU) and the United Kingdom are still thinking positively about open banking even as the COVID-19 pandemic creates...

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RevoluPAY Now Licensed To Provide Services In Every EU Country
RevoluPAY Now Licensed To Provide Services In Every EU Country
May 25, 2020  |  B2B Payments

Payment app RevoluPAY, a subsidiary of RevoluGROUP, can now offer B2B payments services in all 27 European Union (EU) member countries with its newly acquired...

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How TIPS Is Helping ECB Expand Its Real-Time Payments Reach
How TIPS Is Helping ECB Expand Its Real-Time Payments Reach
May 20, 2020  |  Faster Payments

Sweden recently became the first nation outside the eurozone to join TIPS, the European Central Bank’s real-time payment platform — setting the stage for other...

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Breton: Facebook Could See More Regulation If Misinformation Continues
Breton: Facebook Could See More Regulation If Misinformation Continues
May 18, 2020  |  Facebook

Thierry Breton, EU tech chief, warns of more regulations for Facebook if the social media giant doesn’t mitigate apprehension about its market power and abuses...

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