European Commission - News, Articles & Research

European Commission: Caps on interchange fees have proved their worth

The European Commission says regulations to cap the interchange fees charged to merchants by the global card schemes have had the desired effect of reducing costs to merchants and driving cross-border acquiring.

01 July 2020

News/markets

EC opens antitrust probe into LSE-Refinitiv deal

The European Commission has opened an in-depth antitrust investigation into the London Stock Exchange's planned $27 billion takeover of financial data vendor Refinitiv.

22 June 2020

Company announcement/sustainable

EU adopts green taxonomy

The European Commission has today welcomed the adoption by the European Parliament of the Taxonomy Regulation – a key piece of legislation that will contribute to the European Green Deal by boosting private sector investment in green and sustainable projects.

19 June 2020

News/regulation

EU opens antitrust investigation into Apple Pay

The European Commission has opened an antitrust investigation into Apple's terms and conditions and its steadfast refusal to open up its NFC functionality on iOS devices to proprietary bank payment apps.

16 June 2020

Company announcement/crime

EU action against money laundering in the banking sector to go under auditor scrutiny

Money laundering is the practice of disguising the illegal origin of criminal proceeds.

11 June 2020

Company announcement/crime

European Commission steps up fight against money laundering and terrorist financing

The European Commission has today put forward a comprehensive approach to further strengthen the EU's fight against money laundering and terrorist financing.

07 May 2020

News/devops

Pan-EU hackathon calls on fintechs to tackle Covid-19

The European Commission is to host a virtual pan-European hackathon this weekend in a bid to develop solutions to coronavirus-related challenges.

24 April 2020

News/regulation

EC sets sights on Mastercard's Nets deal

Mastercard's EUR2.85 billion acquisition of Nets' account-to-account payment business is being assessed by the European Commission on competition grounds after six countries raised concerns about the deal.

08 April 2020

Company announcement

European Commission hails success of interchange fee caps

The European Commission has published a study on the application of the Interchange Fees Regulation (“IFR”) for card-based payment transactions.

12 March 2020

News/ai

EU sets out plans for Big Data and AI

The European Commission is to invest EUR2 billion in the creation of an EU cloud alliance as part of an overarching strategy to leverage the region’s strong industrial data sets and boost development of AI technologies.

20 February 2020

News

EU Commission gets provisional nod for new crowdfunding standards

The European Parliament has given provisional approval to plans to introduce new standards for crowdfunding platforms across the continent.

19 December 2019

Company announcement/sustainable

Commission welcomes deal on an EU-wide classification system for sustainable investments

The European Commission has welcomed today's political agreement between the European Parliament and the Council on the creation of the world's first-ever “green list” – a classification system for sustainable economic activities, or taxonomy.

18 December 2019