Articles with tag: the eu

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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

The European Commission opens antitrust investigation into Apple Pay

17 Jun 2020 | Mobile Payments

The European Commission (EC) has opened an investigation into Apple Pay to assess whether Apple's conduct violates EU competition rules.

The European Commission, EC, Apple Pay, merchants, tap and go, antitrust investigation, Spotify, Kobo

EBA calls for input to understand the impact of de-risking

15 Jun 2020 | Digital Identity, Security & Online Fraud

The European Banking Authority (EBA) has issued a call for input to understand the scale and drivers of ‘de-risking’ at EU level and its impact on customers. 

EBA, financial, financial institutions, banks, The European Banking Authority, de-risking, Europe, money laundering, banking, NGOs

ECB hands Banks EUR 851 mln in PELTRO funding

22 May 2020 | E-invoicing, SCF & E-procurement

The European Central Bank (ECB) has doled out EUR 851 million to euro-area banks in the first round of a new liquidity program launched in April 2019. 

ECB, banks, The European Central Bank, euro, PELTRO, loans

Société Générale tests digital euro

22 May 2020 | Cryptocurrencies

The central bank of France has completed the first test of its blockchain-based digital currency.

France, banks, Societe Generale, blockchain, digital, euro, digital currency, tokens, Banque de France, The European Central Bank, cross-border payments, payments, cross-border

EBRD unveils EUR 1 bln solidarity package for businesses to deal with COVID-19

18 Mar 2020 | E-invoicing, SCF & E-procurement

The European Bank of Reconstruction and Development has announced an emergency ‘solidarity package’ of EUR 1 bln to help busineses deal with the impact of the COVID-19 pandemic.

The European Bank of Reconstruction and Development, EBRD, solidarity fund, banking, SMEs, coronavirus, COVID-19, pandemic, financial aid, Europe

Clear Junction, Paladyum announce fintech service to help Turkish migrant workers

10 Jan 2020 | Payments General

Clear Junction has signed an agreement with Paladyum that will allow Turkish customers to receive remittance transfers from the Turkish diaspora living in the EU.

Paladyum, Clear Junction, SEPA, Turkey, cross-border transfers, remittance, the EU

EWPN and Findec team up to help Swedish fintechs

10 Oct 2019 | Payments General

The European Women Payments Network has entered a partnership with Sweden-based fintech hub Findec to boost Sweden’s fintech ecosystem.

EWPN, The European Women Payments Network, Findec, partnership, Sweden, fintech, financial technology, payments, banking, startup, fintech hub,

EBA assesses impact of fintech on payments institutions and EMIs

09 Jul 2019 | Payments General

The European Banking Authority has published a report on the impact of FinTech on payment institutions\ and electronic money institutions\ business models.

EBA, The European Banking Authority, fintech, payments, payments institutions, e-money institutions, Europe, business model, open banking, PSD2

Compromise on the Digital Content Directive

30 May 2019 | Expert Opinion

Dr. Léon Mölenberg, Ecommerce Europe, elaborates on the purpose of the Digital Content Directive, which is centred on protecting European consumers and traders selling in the EU

Léon Mölenberg, Ecommerce Europe, Digital Content Directive, European consumers, the EU, European Parliament, DCD

Mastercard, Visa agree to cut overseas card fees

01 May 2019 | Cards

Mastercard and Visa have both agreed to cut their fees for tourists using their cards in the EU, after a long-running battle with the European Commission.

Mastercard, Visa, the EU, European Commission, card fee, credit card

EU to purchase biometrics on national ID cards

05 Mar 2019 | Cards

The EU Council Presidency and European Parliament have informally agreed on the introduction of mandatory biometric national identity cards.

EU, biometrics, national ID, cards, The EU Council Presidency, European Parliament, fingerprints, security, contactless chip

Andorra and Vatican City enter SEPA

04 Mar 2019 | Payments General

The Principality of Andorra and the Vatican City State have announced entering the Single Euro Payments Area (SEPA).

Andorra, Vatican City, Vatican City State/the Holy See, Single Euro Payments Area, SEPA, cross-border payments, The European Union, Europe, SEPA Credit Transfer, SEPA Instant Credit Transfer, SEPA Direct Debit

EBRD to join Global Financial Innovation Network

19 Feb 2019 | Payments General

The European Bank for Reconstruction and Development has applied to join the Global Financial Innovation Network as an observer.

The European Bank for Reconstruction and Development, EBRD, Global Financial Innovation Network, UK, Europe, Fintech Sandbox, fintech sandbox, Estonia

How cash increases revenue for e-merchants

15 Jan 2019 | Expert Opinion

Limonetik has announced a collaboration with Paysafe Group – paysafecard and Paysafecash are now supported on the Limonetik Payment Platform

Limonetik, Paysafe Group, paysafecard, Paysafecash, e-merchants, cash, Limonetik Payment Platform, the European Central Bank, PSPs, merchant, marketplaces

IATA demonstrates new payment method for air tickets

09 Jan 2019 | Online Payments

The International Air Transport Association (IATA) has announced the completion of the first IATA Pay ticket purchase transaction in a live test environment.

The International Air Transport Association, IATA, IATA Pay, ipagoo, payment option, the European Commission, PSD2, Open Banking, merchant, payment method

EBRD provides trade facility to Arab International African Bank

05 Dec 2018 | E-invoicing, SCF & E-procurement

The European Bank for Reconstruction and Development has announced providing a USD 50 mln trade facility to the Arab African International Bank Egypt.

EBRD, The European Bank for Reconstruction and Development, Arab International African Bank, trade facility, trade finance, investment, Egypt, Trade Facilitation Program