23 Nov 20 @ 15:53
Christine Lagarde, the head of the European Central Bank, appears serious about a digital euro. Barely a month after the central bank issued a major report on the topic, and opened a public... read more
08 Oct 20 @ 13:00
The ECB has announced that it will investigate how TARGET Instant Payment Settlement (TIPS) could support instant payments transactions across different currencies. The investigation will begin as of October 2020... read more
05 Oct 20 @ 18:15
The European Central Bank (ECB) has released a report in which it states the importance they are placing on a potential digital euro which they are seriously considering and studying... read more
30 Sep 20 @ 18:19
The European Banking Authority (EBA) has launched its 7th annual EU-wide transparency exercise. The objective is to provide market participants with updated information on the financial conditions of EU banks... read more
28 Sep 20 @ 09:47
The European Union (EU) has laid out a new legal framework for oversight and governance of digital currency assets by 2024, hoping to provide greater comfort for financial institutions in... read more
25 Sep 20 @ 12:40
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... read more
16 Sep 20 @ 15:06
The Digital ID & Authentication Council of Canada (DIACC) has announced the launch of the Pan-Canadian Trust Framework (PCTF), a set of digital ID and authentication industry standards that will define... read more
11 Sep 20 @ 12:08
For those less familiar, the Electronic Identification, Authentication and Trust Services, or the eIDAS system as it is more commonly known, came into effect on 1st July 2016, with Regulation (EU) 910/2014 on electronic identification... read more
01 Jul 20 @ 10:55
The European Commission says that the caps on the interchange fees retailers pay to process debit and credit card transactions have helped push down prices. The EC published a report... read more
16 Jun 20 @ 12:23
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,... read more
06 May 20 @ 12:20
The UK’s Financial Conduct Authority (FCA) has delayed the implementation of Strong Customer Authentication (SCA). This is the second delay is has authorised. Last year, the FCA extended the deadline... read more
01 May 20 @ 09:47
The European Payment Institutions Federation (EPIF) has called for a delay to the implementation of Strong Customer Authentication (SCA) of at least six months in a letter dated 24 April 2020,... read more
22 Apr 20 @ 13:49
Doug Gray, Chief Commercial Officer at Maxa, says the holy grail of online commerce – improving transaction security while reducing consumer friction – is achievable. By adopting online contactless payments,... read more
28 Feb 20 @ 09:24
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.... read more
21 Jan 20 @ 14:29
Banks from across nine EU countries have endorsed a note seeking clarification on the definition of e-money transactions and the related fraud reporting requirements issued by the European Banking Authority... read more
12 Nov 19 @ 14:18
Twenty European banks are reported to be working on setting up a pan-European payment system in order to challenge the perceived dominance of Visa and Mastercard as well as technology... read more
22 Oct 19 @ 20:00
European and global card-based payment solution providers are coming together to strengthen the voice of the industry and to form a new association: Payments Europe. The new body represents card... read more
18 Oct 19 @ 13:44
After a period of deliberation during which many of the Financial Conduct Authorities or European country equivalents authorised their own delays, the European Banking Authority (EBA) has elected to move... read more
25 Jun 19 @ 10:12
The European Banking Authority (EBA) has published an Opinion on the elements of strong customer authentication (SCA) under the revised Payment Services Directive (PSD2). The Opinion is a response to... read more
30 Apr 19 @ 12:10
Trustwave has released the 2019 Trustwave Global Security Report, which reveals the top cybersecurity threats, breaches by industry and cybercrime trends from 2018. The report is based on the analysis... read more
27 Sep 26 @ 18:53
Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more
27 Sep 26 @ 18:52
Seven major UK financial institutions have completed the first live customer transactions using tokenised sterling deposits, marking an important step in Britai... more
20 Oct 26 @ 09:06
Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more