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 Services Directive (PSD2). That review is set to lead to a re-revised payments services directive in the coming years that...
European Banking Authority (EBA) Chair José Manuel Campa is worried about being able to find enough talent to govern and enforce the mandates around cryptocurrency and digital assets coming into effect in 2025. By its very nature, the crypto sector “tends to go behind the...
The European Commission (EC) will close a consultation on Tuesday (July 5) about open finance in what can be seen as a first step to regulate this space, although the Commission won’t be legally bound by the results of the consultation. Even before analyzing all...
Today in TechREG, the European Banking Authority (EBA) recommended the adoption of a standard API across Europe to boost the adoption of open banking. Also, EU negotiators will continue discussing this week the scope of crypto regulation. Non-fungible tokens (NFTs) and anti-money laundering provisions may...
July 23, 2019
There may be extensions to Strong Customer Authentication's (SCA) rollout this fall — and there may not. And, there may be exemptions granted by the EBA — and there may not. Ekata CEO Rob Eleveld tells Karen Webster why exemptions and extensions point to a larger issue surrounding the second Payment Services Directive (PSD2) regulation.
July 27, 2022
European Banking Authority (EBA) Chair José Manuel Campa is worried about being able to find enough talent to govern and enforce the mandates around cryptocurrency and digital assets coming into effect in 2025. By its very nature, the crypto sector “tends to go behind the curve” Campa told Financial Times (FT), adding that in three […]
September 21, 2021
The increasing links between financial institutions and Big Tech, particularly in cloud computing, is alarming — and regulators need to sit up, the European Banking Authority (EBA) warned on Tuesday...
April 14, 2020
The European Union (EU) has enough liquidity to stay afloat during COVID-19, but profitability could sink as the pandemic worsens, according to the European Banking Authority (EBA). “Sound capital positions...
March 25, 2020
The European Union financial watchdog said that payment companies should use more contactless payments to help curb the spread of the coronavirus, according to a report by Reuters. The European...
