PYMNTS-MonitorEdge-May-2024

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

European Banks Want More Regulation Of Large Tech Companies
European Banks Want More Regulation Of Large Tech Companies
May 24, 2018  |  Regulation

Some of the biggest banks in Europe are urging regulators to increase oversight of large technology companies that are moving into the financial services market....

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Activists To Use GDPR To Get Data From German Credit Scoring Company
Activists To Use GDPR To Get Data From German Credit Scoring Company
May 22, 2018  |  Bank Regulation

With Europe’s new data protection law coming into effect this week, activists are aiming to turn the tables on big companies that have long harvested data on...

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EU Antitrust Head Says Google Breakup Threat Needs To Remain
EU Antitrust Head Says Google Breakup Threat Needs To Remain
March 26, 2018  |  International

The European Union’s antitrust head Margrethe Vestager won’t rule out breaking up Google, saying the EU has “grave suspicions” about its dominance in Internet search....

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The European Banking Authority Plans ‘Roadmap’ For FinTech Regulation
The European Banking Authority Plans ‘Roadmap’ For FinTech Regulation
March 09, 2018  |  Europe

While the European Banking Authority has created a “roadmap” on how to regulate emerging FinTech services, the body is not keen on creating a unified...

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EU’s Highest Court Rules Uber A Taxi Service
EU’s Highest Court Rules Uber A Taxi Service
December 20, 2017  |  Regulation

Compounding what might be charitably described as an epic run of bad luck, Uber has lost a major battle in the European Union’s highest court,...

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EU Privacy Regulators To Coordinate Uber Hack Cover-Up Inquiries
EU Privacy Regulators To Coordinate Uber Hack Cover-Up Inquiries
November 30, 2017  |  Security & Fraud

Privacy regulators of the European Union said Wednesday (Nov. 29) they have created a task force to coordinate the inquiries into the data breach at...

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EU Tightens Online, Offline Shopping Security Standards
EU Tightens Online, Offline Shopping Security Standards
November 28, 2017  |  Banking

The European Commission has signed off on new rules that they say will make it more secure for consumers purchasing goods and services from European...

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EU Watchdog Regulates Use Of Foreign Credit Ratings
EU Watchdog Regulates Use Of Foreign Credit Ratings
November 20, 2017  |  Regulation

In the European Union, use of credit ratings that have their genesis outside the EU is about to get a little more stringent. Reuters reported...

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City of London Asks For Bank Regulation Changes In Light Of Brexit
City of London Asks For Bank Regulation Changes In Light Of Brexit
November 10, 2017  |  Regulation

Regulators in the U.K. are being called on to keep banks competitive on a global basis once they exit the European Union (EU), reported Reuters....

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