Articles with tag: commission

Found 95 results in 180 milliseconds.

EU rolls out evaluation of the Vertical Block Exemption Regulation for ecommerce

09 Sep 2020 | Ecommerce

The European Commission has published its findings of the evaluation of the Vertical Block Exemption Regulation ('VBER'), together with the Vertical Guidelines.

European Commission, Vertical Block Exemption Regulation, VBER, ecommerce, online payment platform, online payments, European Union regulation, Europe, Treaty on the Functioning of the European Union

TransferMate expands North American regulation with Mexico licence approval

08 Sep 2020 | Online Payments

Cross-border B2B technology payments provider TransferMate has secured a new payments licence in Mexico.

National Banking and Securities Commission, TransferMate, remittance, online money transfer, online payments, money licence, e-money licence, payment technology, Mexico, Latin America

BlackRock, Temasek, and CCB secure joint wealth venture approval in China

24 Aug 2020 | Payments General

US-based asset manager BlackRock, Singapore-based state investor Temasek Holdings, and China-based CCB have obtained China’s approval for a wealth management joint venture.

BlackRock, Temasek, CCB, joint wealth venture, China, China Banking and Insurance Regulatory Commission, CBIRC, asset manager, state investor, bank, wealth management, financial market, foreign companies, fund managers, restrictions, foreign banks

European Commission gives conditional approval to Mastercard's acquisition of Nets

19 Aug 2020 | Payments General

European Commission (EC) has given conditional approval to Mastercard for the acquisition of Nets, the Denmark-based payment solutions provider. 

European Commission, Mastercard, Nets, EC, Denmark, payments, European Economic Area, EEA, account-to-account, A2A CIS, technology

China-based P2P lenders report USD 115 bln in losses due to scams

17 Aug 2020 | Digital Identity, Security & Online Fraud

Peer to peer (P2P) investors based in China have reported losses of over USD 115 billion in unpaid debt, due to failed lending platforms.

China, P2P lending, lenders, P2P lenders, scams, losses, unpaid debt, lending platforms, Chinese Banking Regulatory Commission, regulators, funds, investigations, scammers, fraudulent schemes

DayTek Capital receives Australian banking licence

04 Aug 2020 | Online & Mobile Banking

Australia-based neobank DayTek Capital has been awarded an Australian Financial Services Licence (AFSL) by the Australian Securities and Investments Commission

Australia, challenger bank, banks, DayTek Capital, banking, banking licence, neobank, Australian Financial Services Licence, AFSL, Australian Securities, Investments Commission, Infinity, cards, fintech, Restricted Authorised Deposit Taking Institution Licence, RADI, Australian Financial Compensation Scheme, Australian Federal, Qeensland State

European Commission launches public consultation for eIDAS Regulation

31 Jul 2020 | Digital Identity, Security & Online Fraud

The Commission has launched a public consultation on the revision of the the eIDAS Regulation, involving electronic identification and trust services for electronic transactions.

European Commission, public consultation, eIDAS regulation, electronic identification, trust, electronic transactions, e-signatures, digital identity, Europe, European Digital Identity, cross-border legal framework, authentication, EU

Worldline launches offer for Ingenico shares

30 Jul 2020 | Online Payments

Autorité des Marchés Financiers (AMF) has announced that the Worldline’s offer for Ingenico's shares and OCEANEs will open on July 30, 2020.

OCEANE, Worldline, Ingenico, European Commission, AMF, Autorité des Marchés Financiers, merger, acquisition, France, Europe

Samtrade FX obtains FCA licence

29 Jul 2020 | E-invoicing, SCF & E-procurement

Samtrade FX, an online trading brokerage, has been registered and authorised as an Appointed Representative by the FCA.

Samtrade FX, Financial Conduct Authority, FCA, Australian Securities and Investments Commission, ASIC, trading, brokerage, Appointed Representative, Australian Financial Services, AFS, Australia, Europe, Asia, International Business Companies, IBC, Financial Services Authority of Saint Vincent, Financial Transactions and Reports Analysis Centre of Canada, FINTRAC, Canada, Money Services Business, MSB

Nordigen obtains payment license from Latvia's financial regulator

28 Jul 2020 | Payments General

The Financial and Capital Markets Commission (FKTK) has approved Latvia-based fintech Nordigen as a payment institution.

fintech, innovative, payments, financial regulator, Financial and Capital Markets Commission, FKTK, Latvia Nordigen, SIA Nordigen Solution, online payments, data, banks, lenders, open banking, banking

Bankera launches business loans for digital SMEs

28 Jul 2020 | Online & Mobile Banking

Lithuania-based fintech Bankera has started to offer business loans for small and medium-sized enterprises (SMEs). 

Bankera, business loans, SMEs, digital sector, covid19, Bankerea Business Loans, European Commission, hackathon, lending solution, Lithuania, Europe, business invoice financing, refinancing, short-term lending services

Google waves fees for sales made via Buy on Google

27 Jul 2020 | Ecommerce

Google has announced is helping retailers to sell products in search results by waiving fees for sales made via the ‘Buy on Google’ option.

Google, retailers, fees, Buy on Google, zero commission fees, checkout, ecommerce, Shopify, PayPal, payment processing options, inventory, Google Shopping tab, US

The A-Z of the Interchange Fee Regulation and how it shifts the industry – Interview with Payments Europe

24 Jul 2020 | Online Payments

Robrecht Vandormael, Secretary General from Payments Europe, explains the impact of the European Interchange Fee Regulation on merchants, card issuers, and payment providers and what we can expect from the future.

Robrecht Vandormael, Payments Europe, Interchange Fee Regulation, Regulation on Interchange Fees for Card-based payment transactions, European Commission, EY, Copenhagen Economics, interchange fees, cards, credit cards, card issuers, Belgian Minister of Economy, PSD2, SCA, payments, POS, merchants, retail, ecommerce

EU's proposed framework for crypto assets market

23 Jul 2020 | Cryptocurrencies

The European Commission has concluded a public consultation on crypto assets in March 2020 which follows detailed due diligence, according to Forbes.

European Commission, EU, framework, Europe, Forbes, crypto assets, market, virtual currencies, European Parliament, blockchain observatory, legislation, European Securities and Markets Authority, ESMA, European Banking Authority, EBA, European Crowdfunding Service Providers Regulation

Vodacom teams up with China's Alipay in mobile payments push

21 Jul 2020 | Mobile Payments

Mobile operator Vodacom has announced it will aggregate different merchants and service providers such as Alipay so that users can do all their business online.

Alipay, China, Vodacom, ecommerce, WeChat, Competition Commission, telecom, telco, Asia, APAC

PayPal confirms plans to enter the crypto market

17 Jul 2020 | Cryptocurrencies

Digital payments company PayPal has published a letter to the European Commission revealing that is developing crypto-asset management capabilities.

PayPal, crypto, digital payments, European Commission, crypto-assets, cryptocurrency market, AML, CFT

South Korea-based digital asset investors to pay 20% in taxes from crypto trading

15 Jul 2020 | Cryptocurrencies

South Korea’s private sector members have revealed that the nation’s citizens may have to pay as much as 20% of their cryptocurrency earnings in taxes. 

South Korea, digital assets, taxes, crypto trading, private sector, cryptocurrency, earnings, virtual currencies, electronic certificates, digital certificates, financial assets, capital gains, Financial Services Commission, financial regulator

Currency.com granted licence from the Gibraltar Financial Services Commission

07 Jul 2020 | Cryptocurrencies

Currency.com, a regulated crypto assets platform, has received a new distributed ledger technology licence from the Gibraltar Financial Services Commission (GFSC).

Currency.com, ICO, smart contracts, distributed ledger technology, cryptocurrency, FX, Gibraltar Financial Services Commission

Austria, Belgium, and the Netherlands referred to the Court of Justice of the EU for AML failings

06 Jul 2020 | Digital Identity, Security & Online Fraud

The European Commission has referred Austria, Belgium, and the Netherlands to the Court of Justice of the European Union.

European Commission, AML, AMLD4, betting, gambling, financial authorities, Austria, Belgium, the Netherlands

Australia introduces Consumer Data Right for data sharing

03 Jul 2020 | Online & Mobile Banking

The Australian Competition & Consumer Commission (ACCC) has launched the mandatory Competition and Consumer (Consumer Data Right) Rules.

Australian Competition & Consumer Commission, ACCC, Competition and Consumer Rules, Consumer Data Right, data sharing, banking, Australia, banking data, credit cards, debit cards