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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
Mark Beresford, Director at Edgar, Dunn & Company (EDC), discusses the changes in the payments industry resulted from the adoption of the DMA in Europe, exploring the main benefits for both consumers and merchants.
European Commission, European Payments Council, regulation, payments , payment gateway, compliance, loyalty programme, transactions , merchant, NFC, credit card, debit card, e-wallet, mobile payments, mobile money, marketplace, online payments, contactless payments, digital payments, PCI compliance, PCI DSS, EMVCo
Watch our webinar where an expert panel discussed the main barriers to adoption, the most efficient strategy for implementation, and how to mitigate costs by creating new revenue streams.
SEPA, European Commission, instant payments, payment processing
Lithuania-based regtech company focused on identity verification and fraud prevention tools, iDenfy, has announced a new partnership with Czech fintech CO2IN.
environement changes, partnership, KYC, KYB, AML, identity verification, digital identity, certification, carbon footprint, customer experience, fraud detection, fintech, regtech, regulation, European Commission
Payments expert Piet Mallekoote continues The Paypers CBDC series with a focus on the digital euro: what are its objectives, potential risks, work done so far, and future outcomes.
European Commission, digital euro, CBDC, cash, online payments, banks, EPI, digital identity
The EU Commission has adopted a new strategy on Web 4.0 and virtual worlds to ensure an open and inclusive digital environment for EU citizens.
Web 3.0, virtual asset, regulation, European Commission, digitalisation
The final vote for the European Union’s crypto regulation bill, MiCA, has been postponed until April 2023 due to technical difficulties.
MiCA, regulation, European Commission, cryptocurrency, digital assets
The Digital Operational Resilience Act (DORA), published in the Official Journal of the European Union, has come into force on 16 January 2023 and it applies starting with the 17th.
regulation, European Commission, financial services, fintech, risk management
The EU Commission has approved the merger of mobile payment companies MobilePay and Vipps into a new corporate group.
merger, mobile payments, digital wallet, cross-border payments, cross-border ecommerce, online payments, European Commission
An open digital ecosystem built on strong pillars of modularity and interoperability requires harmonisation across the entire European continent, writes Roland Eichenauer, VP & Head of Business Development, eSecurity & Digitisation at Nets, part of Nexi Group.
EIDAS, digital wallet, digital identity, digital payments, digitalisation, digital onboarding, digital verification, identity verification, identity method, online payments, online security, European Commission
The European Union has agreed on the legal text for licensed crypto firms, by passing the landmark Markets in Crypto Asset regulation (MiCA).
European Commission, European Union, AML, MiCA, money laundering, cryptocurrency, stablecoin
European Union lawmakers have reportedly given their final approval to its ecommerce-focused regulation – The Digital Services Act.
regulation, European Commission, ecommerce, digital payments, online shopping
The Spanish Ministry of Economy has announced plans to limit commissions of credit and debit cards from the current 2 percent to 0.3% and 0.2%, respectively.
expansion, payment processing, European Commission, credit card, debit card
Monica Monaco, Owner and Managing Director at Trust EU Affairs, shares her views on Europe’s approach to Open Finance and EC`s initiatives to further Open Finance legislation.
Open Finance, European Commission, PSD2, GDPR, regulation