European Commission RSS

Daily news, European Commission, IIA, Inception Impact Assessment (IIA), Instant Payments, Real-Time Payments, Regulation, SEPA -

On March 10, 2021, the European Commission (EC) published an Inception Impact Assessment (IIA) on the Commission’s planned initiative on real-time payments in the EU. The IIA was open for feedback... read more

The post The European Commission Inception Impact Assessment on real-time payments in the EU appeared first on Payments Cards & Mobile.

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Acquiring, Alternative Payments (APMs), card fees, Daily news, E-Commerce, EuroCommerce, European Commission, Instant Payments, Interchange Fee, interchange fees, POS Terminals, Regulation -

The European Commission has adopted a new Digital Finance Package, including Digital Finance and Retail Payments Strategies, and legislative proposals on crypto-assets and digital resilience. The package aims to boost... more

The post European Commission urged to further regulate card fees appeared first on Payments Cards & Mobile.

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Daily news, digital wallets, European Commission, Mobile Wallet, Regulation, Visa -

Visa says the European Commission (EC) has opened a preliminary investigation into the its rules for staged digital wallets. Visa has faced criticism for attaching higher fees to staged digital... more

The post Visa hit by EC digital wallets investigation appeared first on Payments Cards & Mobile.

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Apple Pay, Contactless, Daily news, European Commission, M-Commerce, Mobile payments, NFC, Regulation -

The EC is launching an investigation into Apple Pay and whether it undermines competition by limiting access to NFC for contactless payment in stores. Margrethe Vestager, the EU’s competition chief,... more

The post Apple Pay faces antitrust investigation from European Commission appeared first on Payments Cards & Mobile.

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AI, Artificial intelligence, Artificial Intelligence (AI), Daily news, EC, European Commission, Regulation -

The European Commission recently unveiled a detailed set of proposals that it hopes will establish the region as a leader in AI (artificial intelligence) by focusing on trust and transparency.... more

The post Why the EU delivered an AI strategy to support business and citizens appeared first on Payments Cards & Mobile.

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