European Commission

336 results about this entity

Period: 16 Nov 2001 - 22 Apr 2024


Apple offer to open up NFC payments access set for EU approval - Reuters

EC antitrust regulators are set to approve an offer from Apple to open up the NFC chip technology that enables iPhone users to make contactless payments to third-party providers, according to Reuters.


EC and CFPB meet on consumer risks from AI and BNPL

US and European officials have begun an "informal dialogue" on consumer financial protection issues, focusing on the rise of Big Tech in payments; the use of AI in lending; and the emergence of buy now, pay later.


European parliament votes through Aritifical Intelligence Act

On Wednesday, Parliament approved the Artificial Intelligence Act that ensures safety and compliance with fundamental rights, while boosting innovation.


EU adopts instant payments rules

The European Council has adopted a regulation that will make instant payments fully available in euro to consumers and businesses in the EU and in EEA countries.


Frankfurt wins race to host new EU anti-money laundering agency

Frankfurt has won the race to host the EU's new Anti-Money Laundering Authority (AMLA), beating out competition from eight other cities, including Dublin, Madrid and Paris.


MEPs nod through ten second instant transfer rules

The European Parliament has adopted new rules to ensure transferred funds arrive within ten seconds into the bank accounts of retail customers and businesses across the EU.


Apple offers to open up NFC payments access to settle EU antitrust probe

Apple has moved to head off European Commission antitrust charges by offering third-party providers access to the NFC chip technology that enables iPhone users to make contactless payments.


EC makes supercomputers widely accessible to foster AI development

The European Commission has opened access to EU supercomputers to bolster AI development and push AI initiatives.


EU tenders for project to assess the environmental impact of crypto-assets

The European Commission's financial services directorate has put out to tender for a model-based approach to mitigating the environmental impact of crypto-assets.


European Commission to make use of Moody’s Analytics to modernise anti-fraud activity

Moody’s Analytics today announced it has been awarded a new Framework Contract (FWC) by European Anti-Fraud Office (OLAF), to provide company data, information on connected individuals, and risk indicators encompassed in Moody’s Analytics’ Orbis database.


EC stresses privacy in digital euro plan

The European Commission has published its legislative proposal establishing the legal framework for a possible digital euro, stressing that the CBDC would be a compliment to, not replacement for, cash.


EC publishes PSD3 proposals

The European Commission (EC) has issued its proposals for the reform of the EU’s payments market.


EU proposes new rules for ESG ratings providers

The Commission has today put forward a new package of measures to build on and strengthen the foundations of the EU sustainable finance framework.


Generative AI governance targeted in proposed EU rules

The EU’s AI Act has been pushed through to the trilogue stage after nearly two years of drafting. The draft includes requirements for generative AI tools, like ChatGPT, to disclose the copyrighted material used in developing their programmes.


Banking associations want payments removed from EU digital identity plan

The European Credit Sector Associations (ECSAs) are calling on the EC to remove payments from the scope of the upcoming European Digital Identity plan.


European Commission opens blockchain regulatory sandbox

The European Commission today launched a regulatory sandbox for innovative use cases involving Distributed Ledger Technologies (DLT).


NextGen Nordics: Highlights since our last Nordic event

As we prepare for our upcoming NextGen Nordics conference on the 25th of April in Stockholm, we are publishing a series of ‘Sneak peeks’, which will take a dive into some of the topics and speakers covered at the event.


European Parliament Members back plans for digital identity framework

Members of the European Parliament’s (MEPs) Industry, Research and Energy Committee have given their support to a new digital identity framework, eID, by 55 votes to 8.


EU agrees new rules on online credit

European parliamentarians have reached agreement on updated consumer credit rules to protect citizens from new forms on online debt, such as buy now, pay later schemes and short-term high cost loans.


EU lawmakers approve new cybersecurity rules

Rules requiring EU countries to meet stricter supervisory and enforcement measures and harmonise their sanctions were approved by MEPs on Thursday.