European Banking Authority

European Banking Authority to Consider Reporting Requirements for Nonbanks
European Banking Authority to Consider Reporting Requirements for Nonbanks
July 09, 2024  |  Regulation

European Banking Authority Chairman Jose Manuel Campa said the watchdog organization may make reporting requirements for nonbank financial institutions a “next step.” Campa said the...

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EU Regulators Investigate Bank and Shadow Bank Connections
EU Regulators Investigate Bank and Shadow Bank Connections
January 03, 2024  |  Banking

Regulators in Europe are reportedly probing the ties between banks and non-bank financial institutions (NBFIs). This investigation is borne out of concerns about possible contagion due to...

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France Vies to Host EU’s New Anti-Money Laundering Agency
France Vies to Host EU’s New Anti-Money Laundering Agency
November 17, 2023  |  AML

France is vying to host the European Union’s anti-money laundering (AML) agency, with French Finance Minister Bruno Le Maire presenting Paris as an ideal location...

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Barclaycard Says Retailers Need Detect-and-Protect Mindset to Stop Online Fraud
Barclaycard Says Retailers Need Detect-and-Protect Mindset to Stop Online Fraud
March 08, 2023  |  Security & Fraud

Payment fraud is expected to jump from $28 billion globally in 2020 to $49 billion in 2030, according to analysts. Those figures, said Linda Weston,...

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New SCA Rules to Reduce Friction in Open Banking Payments
New SCA Rules to Reduce Friction in Open Banking Payments
December 14, 2022  |  Bank Regulation

Changes to strong customer authentication (SCA) rules in Europe are aiming to reduce customer friction. In the EU, the European Banking Authority (EBA) has updated...

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Regulation and Readiness Will Go Hand in Hand for European Banks in 2023
Regulation and Readiness Will Go Hand in Hand for European Banks in 2023
October 07, 2022  |  Bank Regulation

In its recently published work plan for 2023, the European Banking Authority (EBA) signals how the European Union’s banking sector intends to adapt to new...

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How PSD3 Can Turn Security Into Frictionless Experience for eCommerce Customers
How PSD3 Can Turn Security Into Frictionless Experience for eCommerce Customers
September 01, 2022  |  Regulation

Back in June, the European Banking Authority (EBA) published its response to the European Commission’s call for advice on its review of the revised Payment...

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Lack of Crypto Talent Is Everyone’s Concern, Not Just EU Regulators
Lack of Crypto Talent Is Everyone’s Concern, Not Just EU Regulators
August 02, 2022  |  Cryptocurrency

Last week, PYMNTS reported that José Manuel Campa, chair of the European Banking Authority (EBA), had voiced concerns over regulators’ inability to hire and retain...

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EBA Chair Says Staffing Is ‘Major Concern’ for Crypto Regulation
EBA Chair Says Staffing Is ‘Major Concern’ for Crypto Regulation
July 31, 2022  |  Regulation

There are reportedly “major concerns” among European regulatory officials about the ability to hire specialized staff to help regulate crypto. Authorities worry about how they...

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