The European Banking Authority (EBA) has issued a word of caution over the use of artificial intelligence (AI) and machine learning by financial institutions, as the authority seeks to better...
New guidelines apply from January 10, 2020 for the cooperation and exchange of information between EU member states’ competent authorities for credit and financial institutions. This analysis...
Contention over the finer points of new payments regulation continued to rage in Europe, with industry and regulators clashing over issues with new strong authentication requirements and the...
A new report to the European Commission has laid out a number of steps to be taken to further level the playing field for fintechs in the EU.
Authorised payment service providers established in three or more EU member states will be subject to supervision by a club of regulators from each jurisdiction, under new guidelines that come into...
The Financial Conduct Authority has said payment service providers must act quickly to push merchants into compliance with EU rules on strong customer authentication (SCA) for online card payments.
The European Banking Authority (EBA) has responded to industry confusion about how strong authentication reforms apply to in-flight offline payments and consecutive low-value online transactions.
European payments firms look set to spend much of next year’s strong authentication grace period devising ways of implementing one-time passwords via SMS, even as they acknowledge that such...
The European Banking Authority (EBA) has revealed it would have set a stricter deadline for member states to enforce new payment security rules under the revised Payment Services Directive (PSD2),...
The European Commission and Council have put the brakes on the deployment of stablecoins in the EU until a consistent and coherent regulatory approach can be decided by authorities.
The European Banking Authority (EBA) has acknowledged there were “teething problems” around the introduction of third-party account access reforms, but said the fragmented picture across the...
The Dutch banking industry has called for the creation of a pan-European financial intelligence unit and closer ties between regulators and banks as it unveiled its wishlist for reforms to the EU’s...
Several European regulators have issued a joint letter calling for a single supervisor to combat financial crime on the continent, emphasising the shortcomings built into a currently fractured...
The European Banking Authority's (EBA) single rulebook Q&A contains information on various regulations and directives to ensure consistent and effective application of the new regulatory...
Estonian authorities have defended their role in recent money laundering scandals as EU figures continue to press for greater centralisation of power as a response to perceived failings by member...
Denmark will follow the European Banking Authority's (EBA) recommendation of a 15-month transition period for new EU rules on strong authentication of online card payments, a reversal of the...

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