European Commission

341 results about this entity

Period: 16 Nov 2001 - 01 Aug 2024

/ai

European Artificial Intelligence Act comes into force

Today, the European Artificial Intelligence Act (AI Act), the world's first comprehensive regulation on artificial intelligence, enters into force.

/regulation

Apple reaches deal with EC on NFC payments access

Apple has staved off massive European Commission fines by agreeing to open up the NFC chip technology that enables iPhone users to make contactless payments to third-party providers.

/payments

Mastercard and Visa extend cap on inter-regional fees for tourist cards in EU

Visa and Mastercard have committed to keep a cap on tourist card fees in place for another five years, says the European Commission.

/regulation

EBAday 2024: What does upcoming regulation mean for the payments sector?

Moderating the panel discussing the upcoming PSD3, PSR and IP regulations, Daniel Hellmann, director, risk advisory, payments at Deloitte spoke with Simone Del Guerra, head of central institutions & international sales at Nexi Group; Nuno Epifânio, policy officer – retail financial services at the European Commission; Kevin Flood, director – payments ecosystem strategy at FIS; and David Malley, payment industry engagement lead at NatWest.

/crypto

Brickken selected to participate in European blockchain regulatory sandbox

Brickken, a Barcelona-based startup pioneering in the tokenization of real-world assets, announced today its selection to participate in the European Blockchain and Distributed Ledger Technologies (DLT) Regulatory Sandbox.

/regulation

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.

/regulation

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.

/regulation

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.

/regulation

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.

/regulation

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.

/payments

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.

/payments

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.