Tag: European Commission
EU 10 second instant payment rules to come into effect after...
Payment service providers active in the EU will now be required under European Commission regulations to offer merchants instant payments within 10 seconds.
The implementation...
Apple reportedly set to face €500m penalty in EU antitrust ruling
The European Union’s (EU) legal clash with Apple is set to culminate in a hefty fine for the Silicon Valley giant, in a development...
European Commission set to tap into Moody’s Analytics for fraud prevention
Moody’s Analytics has enhanced growth with the awarding of a new Framework Contract (FWC) by the European Anti-Fraud Office (OLAF).
It comes amid fraud, money...
The Blockchain Bulletin: Why Europe is preparing for Web 4.0
Payment Expert’s Blockchain Bulletin analyses how the world of blockchain is constantly evolving and having a major impact on the payment industry, with cryptocurrencies,...
European Commission explores avenues to embrace the metaverse
The European Commission (EC) has recently outlined a multitude of new strategies and ideas to embrace what it is labelling as ‘Web 4.0’ functions,...
European Commission’s PSD3 proposals ‘bring payments into the digital age’
The European Commission (EC) has announced plans to overhaul the Payments Services Directive (PSD) to its next phase, ‘PSD3’, which aims to further embed...
EBA releases final report on remote customer onboarding guidelines
The European Banking Authority (EBA) has given its final say on the guidelines for remote customer onboarding solutions.
They will be applicable to all credit...
Paradox of cash: Prevalence of banknotes leaves EU exposed to fraud...
The European Commission has published its newest evaluation of the financial threats and cyber crime endangering the internal EU market, highlighting that even after...
Merging PSD2 and Electronic Money Directive can ‘reduce friction and allow...
The European Banking Authority (EBA) has called for PSD2 - the second Payment Services Directive - to be merged with the Electronic Money Directive...
MGA seeks new legal lead as Dr Sant ends counsel
The Malta Gaming Authority (MGA) seeks a new General Counsel, confirming that incumbent Dr Yanica Sant has chosen to end her four-year tenure as...
