European Union

The European Union is a political and economic union of 27 member states that are located primarily in Europe. Its members have a combined area of 4,233,255.3 km² and an estimated total population of about 447 million.

Source: europa.eu

EU Says GDPR A Success; Consumers Still Skeptical Of Open Banking Security
EU Says GDPR A Success; Consumers Still Skeptical Of Open Banking Security
June 29, 2020  |  Regulation

Two years in, there’s no easy lifting for companies looking to comply with the General Data Protection Regulation (GDPR), which governs how data gets transferred...

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EU Antitrust Probe Includes Apple Pay
EU Antitrust Probe Includes Apple Pay
June 16, 2020  |  Apple

Tuesday (June 16) is marking a bit of a one-two punch on the Continent for Apple. The European Union announced that it is opening not...

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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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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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EU Looks For Feedback In Regulating Tech Giants
EU Looks For Feedback In Regulating Tech Giants
May 20, 2020  |  Regulation

European Union (EU) regulators want feedback from users and digital service providers before they craft new rules that could manage giant tech firms Google, Facebook,...

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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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EU Says Tourism Sector Could Slide 70 Pct. From COVID-19
EU Says Tourism Sector Could Slide 70 Pct. From COVID-19
April 21, 2020  |  International

Europe’s $849 billion annual tourist industry is taking a beating as visitors heed stay-at-home orders around the globe amid the COVID-19 pandemic. Thierry Breton, the...

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Thierry Breton Says EU Needs $1.7T For COVID-19 Relief 
Thierry Breton Says EU Needs $1.7T For COVID-19 Relief 
April 21, 2020  |  Coronavirus

A $1.7 trillion relief package will likely be necessary to help the European Union economically rebound from the coronavirus pandemic, the EU’s industry chief Thierry...

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France’s Macron Pushes Financial Unity During Pandemic
France’s Macron Pushes Financial Unity During Pandemic
April 16, 2020  |  Economy

French president Emmanuel Macron has warned that the European Union (EU) is likely to fail in its goals as a “political project” if the group...

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