European Union

The European Union is a political and economic union of 27 member states that are located primarily in Europe. Its members have a combined area of 4,233,255.3 km² and an estimated total population of about 447 million.

(source: europa.eu)

EU Council Backs Instant Cross Border Payments
EU Council Backs Instant Cross Border Payments
March 25, 2021  |  International

Instant payments, integrated — and pan-European in scope. This week, the Council of the European Union backed the formation of an integrated and instant system...

READ MORE >
Apple Faces Lawsuit From Spotify Complaint Over Music Services
Apple Faces Lawsuit From Spotify Complaint Over Music Services
March 04, 2021  |  Apple

Apple might have an EU lawsuit coming down the pipeline related to music streaming, Reuters reports. The suit stems from a claim by rival Spotify,...

READ MORE >
France Wants To Level Up EU’s Tech Regulation
France Wants To Level Up EU’s Tech Regulation
February 16, 2021  |  Regulation

The European Union’s proposed mandates to regulate Big Tech has France weighing in to wield its own power to assess penalties, the Financial Times reported on...

READ MORE >
European Legislators Willing To Delay Big Tech Hearing
European Legislators Willing To Delay Big Tech Hearing
January 29, 2021  |  Regulation

Legislators in the European Union have informed Alphabet, Facebook, Apple and Amazon that they are open to delaying a potential hearing beyond Feb. 1, its...

READ MORE >
Today In Payments Around The World: Travel Platform Klook Lands $200 Million; Gojek Aims To Become International Player
Today In Payments Around The World: Travel Platform Klook Lands $200 Million; Gojek Aims To...
January 27, 2021  |  International

In today’s top payments news around the world, Klook has closed a Series E funding round headed up by Aspex Management, while Gojek is aiming...

READ MORE >
EU, ECB To Probe Policy And Legal Issues With Digital Euro
EU, ECB To Probe Policy And Legal Issues With Digital Euro
January 20, 2021  |  Europe

The European Commission and the European Central Bank (ECB) have released a joint statement saying they’re considering beginning work on a digital euro. The statement...

READ MORE >
EU Preps For Vaccine Passport Framework
EU Preps For Vaccine Passport Framework
January 19, 2021  |  Europe

The European Commission said in a report that it is working on a plan to speed up vaccinations and testing to help end the pandemic...

READ MORE >
UK Brexit Deal Lacks Needed Clarity On Financial-Services Access
UK Brexit Deal Lacks Needed Clarity On Financial-Services Access
December 27, 2020  |  International

A Brexit deal has been reached between the U.K. and European Union (EU), which will help to define the future relations of the two entities,...

READ MORE >
Big Tech Compliance Tracker: EU Unveils Drafts Of New Big Tech Regs; Facebook To Move UK Users To California Privacy Agreement Amid Brexit
Big Tech Compliance Tracker: EU Unveils Drafts Of New Big Tech Regs; Facebook To Move...
December 21, 2020  |  Regulation

Here’s the latest news from the technology industry, which is coming under increasing scrutiny from governments in the U.S., the U.K. and Europe. EU Unveils...

READ MORE >