EU Tightens Fraud Rules and Fintech Licensing in Open Banking Overhaul
The European Union is preparing to raise the stakes for open banking. With the Third Payment Services Directive (PSD3) and ...
Tag: EU
Explore how the EU shapes payments and banking through regulatory frameworks, open banking mandates, digital euro initiatives, competition policy, and cross-border financial integration.
ECB Sets Payment Standards for Digital Euro Rollout
The digital euro has taken a major step toward launch, as European policymakers push to reduce reliance on foreign payment ...
France’s CB Payments Redoubles Efforts to Vie with Visa and Mastercard
As more regions prioritize payments sovereignty, France’s Cartes Bancaires (CB) network is working to reclaim some of the market share ...
The EU Seeks to Break Its Dependence on Visa, Mastercard Rails
The European Central Bank (ECB) has reaffirmed its ambition to reduce reliance on non-European payment systems—most notably the networks operated ...
European Retailers Fight EU Plan to Mandate Cash Acceptance
A European coalition of retailers and wholesalers is pushing back against a proposed EU rule that would require businesses to ...
The EU Invites Turkey to Join SEPA
The European Union has made overtures to Turkey about joining the Single Euro Payments Area (SEPA), though Ankara has yet ...
Olympics Payments Hurdles Are a Microcosm of EU Challenges
Visa has been the sole card provider for the Olympic Games for roughly 40 years, but its dominant positioning has ...
The Battle Between Apple and App Developers Reaches Japan
After regulators in the European Union forced Apple to scale back its App Store payment rules, could Japan be next? ...
EU Leaders Consider Comprehensive Payments Plan for the Euro
The euro is the world’s second-largest reserve currency, though it still lags far behind the U.S. dollar. Many European Union ...
Linking Payments Infrastructure Is a Key Component of India, EU Deal
After decades of discussions, India and the European Union have agreed to a landmark deal aimed at eliminating tariffs and ...
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