Discover all the Company news on European Commission and other articles related to European Commission in The Paypers News, Reports, and insights on the payments and fintech industry:
Discover all the Company news on European Commission and other articles related to European Commission in The Paypers News,
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The European Commission has imposed significant fines on Apple and Meta for non-compliance with the DMA, marking the first formal non-compliance decisions under the new regulatory framework.
compliance, regulation, payments , data, financial data
The European Commission has reportedly decided to withdraw the Financial Data Access (FIDA) regulation following opposition from the financial services sector and concerns raised by the French government, according to POLITICO.
FIDA, regulation, Open Banking, Open Finance
The European Commission has announced its plans to tighten customs controls on parcels sent from China by online retailers such as Shein and Temu.
ecommerce, cross-border ecommerce, retail, regulation
The European Commission has proposed extending the EU’s reliance on UK-based derivatives clearing houses by three years.
regulation, clearing house, partnership, financial institutions
The European Commission has started investigating the extent to which EU rules on crypto assets protect the redemption rights of the bloc's investors in identical EMTs.
cryptocurrency, crypto, crypto asset, digital assets
The EU Digital Operational Resilience Act (DORA), first introduced by the European Commission in 2020, has become officially applicable across the EU Single Market.
regulation, DORA, financial institutions, financial services
The European Supervisory Authorities (ESAs) have published the final guidelines required under Article 97(1) of Regulation (EU) 2023/1114 (MiCAR).
regulation, digital assets, cryptocurrency, financial services
The European Commission has adopted key rules governing the technical functionalities and certification of European Digital Identity (eID) Wallets.
digital identity, digital wallet, regulation
HSBC has lost its appeal against a EUR 31.7 million fine imposed by the European Commission for participating in a cartel to manipulate benchmark Euribor rates.
regulation, financial services, financial institutions, banks, fraud management
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
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
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
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
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
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
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
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 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 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