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

European Cloud Project Kicks off Without US, Chinese Firms

European Cloud Project Kicks off Without US, Chinese Firms
European Cloud Project Kicks off Without US, Chinese Firms
December 15, 2021  |  Cross-border Payments

The European Commission launched on Tuesday (Dec. 14) the European Alliance for Industrial Data, Edge and Cloud. This project is part of the European Data...

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EU’s ‘Single Market for Data’ Could Take Cues from British Open Banking Rules
EU’s ‘Single Market for Data’ Could Take Cues from British Open Banking Rules
December 15, 2021  |  Data & Research

As the European Union embarks on a journey to create a European strategy for data that will create a “single market for data,” one of...

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EU May Regulate How Gig Platforms Use Algorithms
EU May Regulate How Gig Platforms Use Algorithms
December 14, 2021  |  Legal & Regulation

The European Union announced on Dec. 9 a legislative package with proposals to improve the working conditions of people using digital labor platforms. While many...

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Facebook Faces Lawsuits Over Alleged Privacy Violations  
Facebook Faces Lawsuits Over Alleged Privacy Violations  
December 02, 2021  |  Facebook / Meta

Social media giant Facebook could face potential litigation from European consumer groups stemming from its collection of personal information related to games available on the...

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EU Competition Chief Urges Final Push To Pass Big Tech Rules
EU Competition Chief Urges Final Push To Pass Big Tech Rules
November 29, 2021  |  Legal & Regulation

Legislation regulating Big Tech should be approved ASAP by the European Parliament and European Council because “it is best to get 80 percent now than...

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European Banks Seek EU Exemptions to Access London Trading Markets
European Banks Seek EU Exemptions to Access London Trading Markets
November 28, 2021  |  Cross-border Payments

Banking groups in the Eurozone want access to the London derivatives trading market — a multi-trillion dollar market — and other major markets. Get the...

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EU’s Digital Market Act Clears Hurdle, Would Set Restrictions on Social Media Platforms
EU’s Digital Market Act Clears Hurdle, Would Set Restrictions on Social Media Platforms
November 28, 2021  |  Legal & Regulation

The European Parliament Committee on Internal Market and Consumer Protection (IMCO) has approved the Digital Markets Act (DMA) to put more stringent rules about big...

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Brussels Proposes End to Banks’ Cross-Border Services Sales from Outside EU
Brussels Proposes End to Banks’ Cross-Border Services Sales from Outside EU
November 22, 2021  |  Cross-border Payments

Brussels has proposed an end to almost all cross-border selling of services by banks based outside the European Union, according to a Financial Times report...

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