10 May 23 @ 09:37
The European Parliament has published a paper entitled, Digital Euro: When in doubt, abstain (but be prepared) ahead of a vote on whether to proceed with the technical implementation phase... read more
19 Apr 23 @ 17:15
In October 2022, the European Union finalised the text of its regulatory framework called Markets in Crypto-Assets or MiCA. The final vote on the new regulation is scheduled for April 19, 2023, meaning the... read more
17 Apr 23 @ 16:05
The European Banking Federation, the European Association of Co-operative Banks, and the European Savings and Retail Banking Group, jointly known as the European Credit Sector Associations (ECSAs) welcome the ambitions... read more
23 Mar 23 @ 13:09
The European Association of Payment Service Providers for Merchants (EPSM) is urging European lawmakers to make clear that card payments with SCA will be out of the scope of the... read more
27 Feb 23 @ 17:43
P2P payments, Online and Offline POS payments and then e-commerce payments should be the order of priorities for the digital euro, the European Central Bank has said in documents published on... read more
07 Feb 23 @ 18:08
Digitalisation has changed, and will continue to change, the way people make payments. Today’s payment options are in some ways unrecognisable from what was available a decade ago. Using a... read more
25 Jan 23 @ 09:51
The Economic and Monetary Affairs Committee, part of the European Parliament, has voted to impose strict restrictions on banks seeking to hold crypto. Banks will have to treat crypto as... read more
17 Jan 23 @ 11:00
Since the launch of the investigation into the possible issuance of a digital euro in October 20211 in response to the invitation by Leaders at the Eurosummit, the Eurogroup has held... read more
13 Jan 23 @ 18:07
As the number of devices and connected services rise, our lives are becoming increasingly digitised. Keeping up with this evolving landscape is vital, and 2023 promises to bring with it... read more
13 Jan 23 @ 12:50
There are worrying signs that the war on cash is not going well…Payments Cards & Mobile recently reported that in the UK consumers are switching back to cash in a... read more
12 Jan 23 @ 14:05
The EU has set out the world’s first comprehensive set of rules for regulating crypto markets in its MiCA regulation. They are due to receive final approval in the coming... read more
10 Jan 23 @ 10:43
Cash is still the most frequently used means of payment at POS, but its share is declining according to the latest study on the payment attitudes of consumers in the... read more
09 Dec 22 @ 08:52
Law enforcement from 25 countries, supported by Europol, Eurojust, INTERPOL and the European Banking Federation (EBF) have joined forces to crack down one of the most important enablers of money... read more
02 Dec 22 @ 12:05
On 26 October the European Commission (EC) adopted a legislative proposal on instant payments in euro, fulfilling its commitment of the 2020 Retail Payments Strategy for the European Union (EU).... read more
02 Dec 22 @ 11:44
Banks and large financial service providers offering their services in the European Union are set to face tough new regulations on services that have, or are planning to move to... read more
01 Dec 22 @ 13:00
The value of bitcoin peaked at $69,000 in November 2021 before falling to $17,000 by mid-June 2022. Since then, the value has fluctuated around $20,000. For bitcoin proponents, the seeming... read more
03 Nov 22 @ 18:05
The European Union is set to be the first major jurisdiction in the world to agree how to regulate the digital asset sector, via its Markets in Crypto Assets regulation... read more
30 Oct 22 @ 14:24
Swift says it has worked extensively with its global community to prepare for the start of the ISO 20022 migration for cross-border payments and reporting (CBPR+). Since August, all required... read more
13 Oct 22 @ 11:04
The European Council’s Permanent Representatives Committee has approved MiCA, the Markets in Crypto-Assets regulation text, and sent it to the chair of the European Parliament Committee on Economic and Monetary... read more
06 Oct 22 @ 09:37
More than 340 million Europeans carry euro banknotes and coins around as cash and pay in euro when they shop online. One of the key ECB responsibilities, alongside its main... 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