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

Top News In Payments: Affirm Rolls Out New App; EU Has Questions For Facebook, Libra Association
Top News In Payments: Affirm Rolls Out New App; EU Has Questions For Facebook, Libra...
October 08, 2019  |  News

Today in the payments news roundup, Affirm has launched a new app that will let customers use the service to pay almost anywhere online or in the real world....

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EU Executive Branch Calls For More ‘Technological Sovereignty’
EU Executive Branch Calls For More ‘Technological Sovereignty’
September 30, 2019  |  Europe

The European Union’s executive branch has called for urgent action to reverse what it believes is the region’s heavy reliance on computer hardware and software...

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EU Antitrust Chief Vestager Reappointed
EU Antitrust Chief Vestager Reappointed
September 10, 2019  |  Regulation

The new European Commission (EC) has reappointed Margrethe Vestager as antitrust chief in what some are calling a surprise move, according to reports. Vestager’s term...

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Incoming EU Leaders Plan New AI, Data Use Laws 
Incoming EU Leaders Plan New AI, Data Use Laws 
September 03, 2019  |  International

Evidence is being gathered on U.S. big tech companies as the European Commission prepares for new leadership, The Wall Street Journal reported on Tuesday (Sept....

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Deep Dive: Cross-Border Payments Interoperability
Deep Dive: Cross-Border Payments Interoperability
August 01, 2019  |  Smarter Payments

The world is becoming more interconnected, boosting demand for fast and low-cost services that enable cross-border transactions. Such experiences require payments interoperability, which can be...

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EU Unconcerned About Deficit Of Big Tech Fines
EU Unconcerned About Deficit Of Big Tech Fines
July 23, 2019  |  Regulation

The European Commission says it isn’t concerned about the lack of major fines against tech companies during the first year of its General Data Protection...

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Onyx CenterSource Partners With Sovos On eInvoicing Expansion
Onyx CenterSource Partners With Sovos On eInvoicing Expansion
July 08, 2019  |  B2B Payments

Onyx CenterSource, a global provider of B2B payments and business intelligence solutions to the hospitality industry, announced it has partnered with tax software provider Sovos...

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Expedia Sued By Nustay Over Antitrust Claims
Expedia Sued By Nustay Over Antitrust Claims
June 12, 2019  |  Legal

Online travel booking startup Nustay has filed a complaint with the European Union’s antitrust regulator, the European Commission, accusing Expedia Group and Booking Holdings of...

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European Commission Investigates Past Money Laundering Cases
European Commission Investigates Past Money Laundering Cases
June 07, 2019  |  Europe

A European Union (EU) official has revealed that the European Commission (EC) is taking a close look into past money laundering cases at EU banks...

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