The European Banking Authority has responded to uncertainty over the application of incoming authentication rules, particularly when a third-party provider is being used.
EU legislators have thrown their weight behind plans to beef up the continent’s defences against illicit finance, with almost unanimous agreement in plenary debate on Wednesday that a stronger...
Plans to reform European anti-money laundering legislation so they take the form of regulations, rather than directives, received cautious accord among ministers on Tuesday, with the continent...
European consumer advocates have weighed in on the open banking authorisation debate, giving their two cents’ worth on contentious issues around customer consent and authentication.
A senior EU official has warned providers of dynamic currency conversion services they may have to offer better exchange rates to consumers or risk being driven out of business.
The European Commission has called on the European Banking Authority (EBA) to “make full use” of its investigatory powers and scrutinise how nearly €200bn in suspect funds was able to pass through...
A host of payment providers and industry groups have urged the European Banking Authority to rethink its stance on the “redirect” authentication model for users of third-party providers.
The European Banking Authority (EBA) appears set to gain stronger financial crime-fighting powers across the EU, after ongoing concerns about shortcomings in national-level approaches to money...
Influential banking groups have urged Europe’s top financial regulator to withdraw draft rules that would force them to publish data on the performance of all online and mobile banking platforms.
Banks in Europe have defended their approach to innovation after a European Central Bank (ECB) policymaker blamed the dominance of US and Chinese payments giants in the region on the defensive...
A month after European authorities released new guidelines on fraud reporting, the industry has largely come to terms with the new regime — but as major disruptions to the sector loom, it may be...
European lawmakers put virtual currency at the centre of a debate on new crowdfunding regulations on Wednesday, as the ambition of some to plant a flag in the sector was met with disagreement.
The impact of the revised Payment Services Directive (PSD2) is beginning to take hold in Germany after the local regulator issued its first third-party licence, with around 20 more applications...
An influential banking stakeholder group has backed the European Banking Authority’s authority not to declare “redirection” an obstacle to third parties, but admitted its members are divided on how...
On June 13, 2018, the European Banking Authority (EBA) launched a consultation on Guidelines on the conditions to be met to benefit from an exemption from contingency measures under Article 33(6)...
The joint committee of the three European supervisory authorities (ESAs) — EBA, EIOPA and ESMA — has published its final guidelines on simplified and enhanced customer due diligence and the factors...

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