European Commission

The European Commission is the executive branch of the European Union, responsible for proposing legislation, implementing decisions, upholding the EU treaties and managing the day-to-day business of the EU.

Source: ec.europa.eu

New SCA Rules to Reduce Friction in Open Banking Payments
New SCA Rules to Reduce Friction in Open Banking Payments
December 14, 2022  |  Bank Regulation

Changes to strong customer authentication (SCA) rules in Europe are aiming to reduce customer friction. Get the Full Story Complete the form to unlock this...

READ MORE >
European Commission Says MiCA Oversight Would Have Prevented FTX Collapse
European Commission Says MiCA Oversight Would Have Prevented FTX Collapse
November 30, 2022  |  Cryptocurrency

An EU official has said that the MiCA regime would have prevented FTX’s failures. Get the Full Story Complete the form to unlock this article...

READ MORE >
EU Regulators Lobbied to Address Big Tech Cloud Market Abuse
EU Regulators Lobbied to Address Big Tech Cloud Market Abuse
November 24, 2022  |  Big Tech

The big three cloud service providers — Amazon Web Services, Microsoft Azure and Google Cloud — account for nearly three-quarters of the European cloud market,...

READ MORE >
Airbnb Faces New EU Data-Sharing Regulation
Airbnb Faces New EU Data-Sharing Regulation
November 03, 2022  |  emea

The European Commission is set to propose new rules for Airbnb and other short-term home rental companies. Get the Full Story Complete the form to...

READ MORE >
New EU Instant Payment Rules to Bolster Mainstream Open Banking Adoption
New EU Instant Payment Rules to Bolster Mainstream Open Banking Adoption
October 26, 2022  |  Faster Payments

The European Commission (EC) published a draft proposal on Wednesday (Oct. 26) intended to force banks and payment service providers (PSPs) to offer 24/7 instant...

READ MORE >
TechReg Weekly: EU, UAE Regulators Eye Data Protection Reform to Boost Innovation
TechReg Weekly: EU, UAE Regulators Eye Data Protection Reform to Boost Innovation
October 20, 2022  |  Regulation

Among the many ways digital technologies have shaped the way the world does business, the enhanced ability to collect and monetize customer data has been...

READ MORE >
DeFi Draws Closer to Institutional Market as EU Eyes Automatic Blockchain Monitoring
DeFi Draws Closer to Institutional Market as EU Eyes Automatic Blockchain Monitoring
October 14, 2022  |  Cryptocurrency

In the first few years of Decentralized Finance (DeFi), platforms like Uniswap and Pancakeswap fueled the explosion of a field that has been defined by...

READ MORE >
EMEA Daily: Euro, Dollar Clearing Agencies Prep for Real-Time Transatlantic Payments
EMEA Daily: Euro, Dollar Clearing Agencies Prep for Real-Time Transatlantic Payments
October 06, 2022  |  International

Today in Europe, the Middle East and Africa (EMEA) news, The Clearing House (TCH), EBA CLEARING, and SWIFT are on track to begin piloting their...

READ MORE >
Final Draft of EU Crypto Law Caps Stablecoin Transactions
Final Draft of EU Crypto Law Caps Stablecoin Transactions
October 06, 2022  |  Regulation

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >