EurActiv.com

EU news and policy debates across languages

08/12/2016

Technical spats set to dog payment cards debate

Topic: payment services


Digital 18-11-2016

Romania and EU agencies smash cybercrime gang

Romanian police have smashed, with the help of European law enforcement agencies, a computer fraud gang accused of stealing millions of euros from unsuspecting victims, officials said Thursday (17 November).
UK & Europe 03-11-2016

UK fintech finds EU barriers emerging after Brexit vote

Fallout from the vote to leave the European Union is already threatening the growth of financial technology firms in Britain, industry officials said on Wednesday (2 November).
Digital 19-09-2016

Commission champions 'laissez-faire' in first response to FinTech revolution

The digital revolution in the financial sector will get a helping hand from EU regulators later this year when the European Commission tables new proposals for retail financing, with a clear objective: let the revolution flourish.
Euro & Finance 13-09-2016

A cashless society is a fairer society

Greater transparency is key to combatting VAT fraud and the shadow economy, writes Jason Lane.
Euro & Finance 06-07-2016

New €50 note will not end forgeries, says German police chief

The chairman of the German police union, Rainer Wendt, has warned that the new €50 note will not be completely safe from forgers. EurActiv Germany reports.
Development Policy 17-06-2016

Blending: The new buzzword at EU's 'Davos of Development'

'Blending' - a form of pump-priming private sector investment, by leveraging it onto public official development aid - seems to be the new buzzword at this year's EU Development Days, according to the UN's Xavier Michon.
Euro & Finance 08-06-2016

National Front calls for ban on Bitcoin

The National Front wants to preserve cash and ban Bitcoin, which it sees as an unsafe form of payment. The EU has yet to legislate on the subject. EurActiv France reports.
UK & Europe 08-06-2016

MasterCard international chief: ‘Brexit wouldn’t be a significant change for us’

Blockchain is expected to have a larger impact on our business than a potential Brexit, suggests MasterCard’s deputy boss, Ann Cairns. In her view, the technology behind virtual currencies like bitcoin is “a good thing for the future”, she told EurActiv.com.
UK & Europe 28-04-2016

Brexit a threat to London's FinTech dominance, industry says

82% of British financial technology companies want the United Kingdom to stay in the European Union, according to recent a poll by the industry association. EurActiv’s partner La Tribune reports.
UK & Europe 11-04-2016

Brexit could boost UK financial technology firms - but only in short-term

Britain leaving the European Union could give fledgling financial technology companies an immediate shot in the arm but deprive them of expansion later on, industry officials said on Monday (11 April).
Digital 09-10-2015

MEPs green light new online payment rules

MEPs approved rules on Wednesday (7 October) to cut costs imposed on online payment services and to make them safer and more resistant to fraud. Legislators say the new measures will boost the growth of innovative online services in the payments sector.
Euro & Finance 17-11-2014

The demise of cash?

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A boom in payment-enabled smartphone manufacture and the entry of key phone and finance players into the mobile wallets market has made 2014 a watershed year, as the tide turns against the future use of cash.
Euro & Finance 27-03-2014

Putin ‘sanctions’ Visa, Master Card

President Vladimir Putin said today (27 March) that Russia would develop its own credit card system, in order to reduce reliance on Western payment card companies Visa and MasterCard and soften the potential blow from EU, US sanctions.
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Euro & Finance 10-02-2014

The Road to Financial Inclusion

MasterCard commissioned Ipsos MORI to help it understand what the impact of being financially ‘excluded’ or ‘underserved’ is on people’s everyday lives. This study – both quantitative and qualitative – looked at the financially ‘excluded’ and ‘underserved’ across Europe.
Euro & Finance 13-12-2013

Technical spats set to dog payment cards debate

Key rule changes designed to introduce more competition and update the credit and debit card payments landscape are set to ignite a lengthy dispute over technicalities when they come before committee in the European Parliament next week.