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EU concludes Apple's antitrust investigation

News | Payments General | 12 Jul 2024

The European Commission has announced its plans to approve Apple’s allegiance to provide its tap-and-go tech mobile payments system to third parties.  

regulation, Tap-to-Pay, NFC, contactless payments, digital payments

Visa and Mastercard to extend current cap on tourist card fees

News | Payments General | 05 Jul 2024

The European Commission has announced that Visa and Mastercard will extend the current caps on tourist card fees established with EU antitrust regulators for an additional five years, through 2029.

regulation, debit card, transactions , credit card, payments

European Commission opens formal proceedings against AliExpress

News | Digital Identity, Security & Online Fraud | 15 Mar 2024

The European Commission has opened formal proceedings to assess whether AliExpress may have breached the Digital Services Act (DSA). 

European Commission, regulation, compliance, marketplace, platform

EDPS mandates corrections for EU Commission's data protection violations

News | Digital Identity, Security & Online Fraud | 11 Mar 2024

The European Data Protection Supervisor (EDPS) has investigated the European Commission's use of Microsoft 365 and found several violations of data protection rules.

regulation, data, data protection, data breaches, financial data

EU introduces digital identity wallet for citizens and businesses

News | Digital Identity, Security & Online Fraud | 11 Mar 2024

The European Union has revealed a Digital Identity Wallet in a bid to cater to the needs of its citizens, residents, and businesses.

product launch, digital identity, data privacy, identity verification

EU adopts 13th sanctions package against Russia

News | Digital Identity, Security & Online Fraud | 06 Mar 2024

The European Union has agreed on the 13th package of sanctions against the Russian Federation following two years of aggression in Ukraine.

financial sanctions, fraud prevention, regulation, compliance

EU updates rules for Big Tech antitrust assessment

News | Digital Identity, Security & Online Fraud | 09 Feb 2024

European Union antitrust regulators have decided to update a set of nearly 30-year-old rules known as the Market Definition Notice.

regulation, bigtech, fraud prevention, fintech

EU tightens AML rules for crypto and luxury markets

News | Digital Identity, Security & Online Fraud | 18 Jan 2024

The European Union has reached a provisional deal to improve how national authorities collaborate to combat money laundering.

AML, money laundering, regulation, cryptocurrency

The European Commission releases PSD3 proposal

News | Payments General | 28 Jun 2023

The European Commission has put forward proposals to bring payments and the wider financial sector into the digital age.

regulation, payments , data, financial services, PSD2, PSD3

ACI Worldwide helps financial institutions comply with Instant Payments regulations

News | Online & Mobile Banking | 22 Jun 2023

ACI Worldwide has been working to support banks and financial institutions to comply with and prepare for the upcoming European Commission (EC) Mandate on Instant Payments.

instant payments, fraud detection, API, banks

ECB and SRB support the EU bank crisis framework

News | Payments General | 20 Apr 2023

ECB and SRB have welcomed the European Commission’s proposed legislative changes to the European bank crisis management and deposit insurance framework.

banks, central bank, regulation, financial institutions, financial services

EPI aligns with EC to broaden instant payments support

News | Online & Mobile Banking | 29 Mar 2023

EPI Company has expressed its support for the European Commission's proposed legislation on instant payments, which aligns with the Commission's Retail Payments Strategy. 

EPI, instant payments, banks, Open Banking, regulation

IDEMIA to be a DTC Pilot technology partner

News | Digital Identity, Security & Online Fraud | 16 Mar 2023

Identity tech company IDEMIA has become a technology partner of a Dutch Consortium deploying a Digital Travel Credential (DTC) Pilot, co-founded by the European Commission.

partnership, identity verification, digital identity, identity fraud, fraud prevention, cross-border logistics, travel, digitalisation, ecommerce, data privacy, biometrics, facial recognition, product launch, fintech, DTC

EU to promote healthy competition in the metaverse

News | Cryptocurrencies | 09 Mar 2023

The European Commission has recommended a headstart into analysing the implications of technologies such as the metaverse and ChatGPT.

regulation, metaverse, web3, compliance

European Commission launches a blockchain regulatory sandbox

News | Cryptocurrencies | 16 Feb 2023

The European Commission has launched a new regulatory sandbox for innovative use cases involving Distributed Ledger Technologies (DLT).

regulatory sandbox, product launch, blockchain, DLT

DAC8 puts crypto operators in charge of collecting crypto asset data

News | Cryptocurrencies | 22 Dec 2022

The European Commission has put forward the DAC8 proposal, which makes crypto operators responsible for collecting crypto asset information.

regulation, cryptocurrency, digital assets, data sharing

EC, NOBID announce new biometric payments pilot for EU digital wallet

News | Digital Identity, Security & Online Fraud | 16 Dec 2022

The European Commission has announced that it will fund a multi-national and multi-company consortium as part of a larger pilot project involving a regional digital wallet programme.

digital wallet, product launch, regulation, digital identity, EIDAS