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

EBA To Banks: Prepare For Brexit

EBA To Banks: Prepare For Brexit
EBA To Banks: Prepare For Brexit
December 17, 2018  |  Regulation

The European Banking Authority (EBA) told European banks on Monday (Dec. 17) to prepare for Brexit and the possible sudden withdrawal of Britain from the...

READ MORE >
France Anxious To Tax Apple, Google, Other Tech Giants
France Anxious To Tax Apple, Google, Other Tech Giants
December 17, 2018  |  Regulation

Bruno Le Maire, France’s economy minister, announced today (Dec. 17) that he wants France to start taxing big tech giants beginning Jan. 1, 2019, according...

READ MORE >
EBA: No-Deal Brexit Would Hurt UK Payment Firms
EBA: No-Deal Brexit Would Hurt UK Payment Firms
December 16, 2018  |  Brexit

Payment providers in the U.K. are not fully prepared for the chance of a no-deal Brexit, warned the European Banking Authority late last week. Get...

READ MORE >
Amid GDPR Probe, Mobike To Sell Europe Branch
Amid GDPR Probe, Mobike To Sell Europe Branch
December 12, 2018  |  Regulation

Chinese bike-sharing company Mobike might be looking to spin off its European arm after it was revealed that it’s being investigated for possible breach of the...

READ MORE >
EU Reg Could Probe Apple Pay For Market Dominance
EU Reg Could Probe Apple Pay For Market Dominance
December 10, 2018  |  Apple Pay

Regulators in the European Union looked at Apple Pay, the company’s mobile payment system, and came to a conclusion about its market dominance, according to...

READ MORE >
EU Blockchain Forum Recommends Digital Identity Systems
EU Blockchain Forum Recommends Digital Identity Systems
December 07, 2018  |  Blockchain

In its newest report, the EU Blockchain Forum (EUBF) noted that government bodies need to home in on two aspects of the blockchain to help...

READ MORE >
European Parliament Pushes Tougher Laws Against Google, Amazon, Apple
European Parliament Pushes Tougher Laws Against Google, Amazon, Apple
December 06, 2018  |  Regulation

European lawmakers voted to spruce up legislation aimed at tech giants to put a stop to unfair business practices, according to a Reuters report. Get...

READ MORE >
Brexit’s Looming FX Risk For SMBs
Brexit’s Looming FX Risk For SMBs
December 06, 2018  |  B2B Payments

Yea or nay for Theresa May’s Brexit plan comes next week, via Parliament’s Dec. 11 vote. SMBs reliant on cross-border trade are exposed to volatility, so...

READ MORE >
Visa, Mastercard Cut Tourist Card Usage Fees To End EU Probe
Visa, Mastercard Cut Tourist Card Usage Fees To End EU Probe
December 04, 2018  |  Regulation

Visa and Mastercard are offering to cut fees that are paid by merchants on tourists’ card payments made in the European Union — an effort...

READ MORE >