European Commission - News, Articles & Research

P27 Nordic Payments secures merger approval from EU Commission

The European Commission today announced merger approval for the P27 Nordic Payments initiative to establish its pan-Nordic payments platform. This approval marks a significant milestone for the initiative which is working toward the creation of a common payments infrastructure across the Nordic region.

09 July 2021

Company announcement/regulation

European Commission proposes revisions to consumer credit rules

Today, the European Commission has proposed revisions of two sets of EU rules to enhance consumer rights in a world reshaped by digitalisation and the COVID-19 pandemic.

01 July 2021

News/payments

EBAday 2021: Modernisation, a catalyst for payments utopia

With day two now under our belt, we are only just beginning to digest the eyewatering number of insights shared across six panel sessions, two roundtables, a lively chatroom forum and of course, non-stop networking on the EBAday platform.

29 June 2021

Company announcement/security

European Commission proposes Joint Cyber Unit to tackle large-scale incidents

The Commission is today laying out a vision to build a new Joint Cyber Unit to tackle the rising number of serious cyber incidents impacting public services, as well as the life of businesses and citizens across the European Union.

23 June 2021

Company announcement/security

European Commission adopts new tools for safe exchanges of personal data

Today, the European Commission adopted two sets of standard contractual clauses, one for use between controllers and processors and one for the transfer of personal data to third countries.

04 June 2021

News/identity

EU announces European Digital Identity and Wallet framework

The European Commission today proposed a framework for a European Digital Identity to be available to all EU citizens, residents and businesses in the EU as early as September 2022.

03 June 2021

News/identity

EBAday 2021: How a digital ID may shape the future of European payments

During October 2020, the European Council called for the development of an EU-wide framework for secure public electronic identification (e-ID), including interoperable digital signatures, to provide people greater control over their online identity and data, and to access public, private and cross-border digital services.

07 May 2021

Company announcement/regulation

European Commission presents new legal framework for AI

The Commission proposes today new rules and actions aiming to turn Europe into the global hub for trustworthy Artificial Intelligence (AI).

21 April 2021

Company announcement/payments

European Council endorses EU instant payment plans

EU member states want to make it easier for consumers to pay in shops, and to make e-commerce transactions widely available, convenient and safe across the EU.

26 March 2021

News/regulation

Esma queries use of blockchain for EC's ambitious financial data platform

The EU's top regulator has questioned the use of blockchain technology in the creation of a European Single Access Point (Esap) for company financial and sustainable investment information.

03 March 2021

News/regulation

GDPR: EU set to ensure free data flow with UK

The European Commission is set to continue letting personal data flow freely between the EU and the UK post Brexit, ensuring a smooth transition for sectors that transfer banking information across the channel.

19 February 2021

News/retail

Worldline to lead EU blockchain project

The European Commission has appointed Worldline to lead the 'TruBlo' project, aimed at using blockchain technology to ensure the exchange of reliable content on social networks and in the media.

16 February 2021