How DORA is fortifying Europe’s financial future with a new take on operational resilience
With the DORA deadline fast approaching, FinTech Futures examines its expected impact on financial services.
European Commission
How the EU AI Act could transform financial services
Regulators are attempting to deliver first-of-its-kind regulation to bring AI into a more desirable scope.
European Commission takes aim at VAT fraud with CESOP
Data transmission to the new CESOP database will start from 1 April.
2023: Top five payments stories of the year
FinTech Futures takes a look back at some of the year’s top developments and stories in payments.
How Europe’s PSPs are bracing for SEPA instant payments
The European Parliament approved final implementation deadlines for SEPA instant payments on 7 November.
European regulators agree on new rules for SEPA instant payments
The rules state that instant transfers must not cost more than standard services.
FinTech Futures: Top five stories of the week – 30 June 2023
Featuring Orange Bank, Visa, Pismo, Robinhood, and more.
European Commission proposes new measures to modernise payments
The proposed measures include revising the Payment Services Directive to become PSD3.
European Commission launches blockchain regulatory sandbox
While blockchain is known for crypto, the Commission says the tech has a “wider utility” beyond financial services.
FinTech Futures: Top five stories of the week – 28 October 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
EU plans new digital wallet for payments across all 27 nations
The new wallet is planned for a launch in the middle of 2022.
European Commission resumes LSE-Refinitiv antitrust probe
The EC had paused proceedings in July as it waited for data.
EBA calls for EU-wide set of anti-money laundering rules
European regulator says national rules have had “an adverse effect” on AML.
Bank of Lithuania calls for parity in EU digitalisation
Lithuanian central bank wants a more unified approach to innovation in the EU.
EC prepares changes to MiFID II research unbundling rules
EU body aims to boost economies by relaxing MiFID II rules.
LSE-Refinitiv merger under competition spotlight from EC investigators
The European watchdog has concerns about the $27bn merger.
European Commission plans to plug gaps in AML and CTF rules
The EC wants to “shut down” any “loopholes” and remove any “weak links” in current rules.
European Commission warns eight countries over late AML laws
Countries include Cyprus, the Netherlands, Portugal, and Spain.
EU agrees need for rule book on labeling financial products ‘green’
The EU hopes to validate the market and tackle issues of ‘greenwashing’.
EBA charges European Commission with cross-border services mission
A new report calls on the EC to help to smooth challenges facing cross-border business.
European Commission urged to clamp down on money laundering
A new document is ready to put new AML controls in place.
Hokodo awarded €2m by Horizon 2020
Only around 7.5% of the SMEs who enter are successful.
EC fines Mastercard €570m for anti-competitive antics
Commission says firm obstructed merchants’ access to cross-border card payment services.
Europe bets on bug bounties in fraud fight
Programme will run in part via platform provided by ethical hacker HackerOne.
EC gets cross with Malta over AML supervision
Don’t forget the fourth Anti-Money Laundering Directive.
Euro banking watchdog gets anti-money laundering bite
Oh European Banking Authority, what big teeth you have!
22 European countries plot mega blockchain crew
The usual suspects plan the usual collaboration.
European Commission unveils fintech action plan and crowdfunding rules
How to harness the opportunities presented by tech-driven innovation in financial services.
EU outlines €1bn supercomputer plan
A step forward in ambitions to be competitive and independent in the global data economy.
FIDO Alliance Addresses PSD2 Screen-Scraping Debate
Despite calls from fintechs to permit screen scraping under PSD2, the FIDO Alliance sees some serious flaws with that approach, including security and privacy issues.
Money20/20 Europe: PSD2 Creates More Questions than Answers
On June 26, artificial intelligence captured the imagination of some at Money20/20 in Copenhagen. But during the June 27 sessions on the second day, it was like I had stepped back in time to November 2016, reported Deputy Editor Antony Peyton. Last year, at the Payments International conference in London, PSD2 left some in the payments industry confused as to where the risks and opportunities lie.
