Tagged: EU

June 4, 2025 @ 8:32 am By JD Alois  |  

Perhaps it is a natural progression. Raisin, a European Fintech that offers comparisons and access to the best savings rates regardless of geography, will now offer its own savings product.  According to a company note, Raisin is now offering “Welcome Account” in Spain, describing it… Read More

June 4, 2025 @ 8:09 am By Omar Faridi  |  

Sumsub announces the launch of its Bank Account Verification solution. The solution instantly verifies customer account ownership, outstanding balance, and detailed transaction history, which “enables businesses to prevent account takeover and payment fraud, assess user financial vulnerability and creditworthiness, and ensure compliance with key regulatory… Read More

June 3, 2025 @ 5:05 pm By JD Alois  |  

The French Autorité des Marchés Financiers has published its annual report for 2024. As part of the update, the AMF Chair, Marie-Anne Barbat-Layani, outlined three major challenges for the agency. Beyond investor protection and the choppy geopolitical environment, Barbat-Layani focused on the need to vigorously… Read More

May 26, 2025 @ 9:22 am By Omar Faridi  |  

The introduction of the Sepa Instant Payments regulation is set to reshape the financial landscape across Europe, with nearly half of the region’s banks anticipating significant interest revenue losses due to heightened liquidity requirements. Despite these financial challenges, many institutions remain optimistic, believing the long-term… Read More

May 15, 2025 @ 10:44 am By JD Alois  |  

Large European retailers are asking the European Commission to address the fees charged by credit card issuers like Visa and Mastercard. According to a report, these retailers want these fees reduced. The message was said to be sent in a letter, addressed to the Commission’s… Read More

May 15, 2025 @ 7:52 am By Omar Faridi  |  

Tuum, the core banking platform, has been selected by Bondora, a European consumer finance provider, to support its ambition to become a fully licensed digital bank and modernize its lending operations across multiple EU markets. The collaboration will see Tuum provide its cloud-native core banking… Read More

May 9, 2025 @ 11:06 am By JD Alois  |  

While European Crowdfunding Service Provider regulation (ECSPR) was expected to fuel the growth of online capital formation in Europe, the actual results have been less than stellar. As Eurocrowd explains, the “patchwork” of rules and significant investment needed to support compliance, disclosures, risk management, and… Read More

May 6, 2025 @ 7:37 am By Omar Faridi  |  

Hercle, a European digital asset liquidity provider, announced its integration with Talos, the provider of institutional trading and portfolio technology for digital assets. This integration brings Hercle’s institutional-grade liquidity and advanced settlement capabilities to the Talos Provider Network, “enhancing execution opportunities for institutions trading digital… Read More

May 5, 2025 @ 9:25 am By Omar Faridi  |  

The European Union’s framework for systemically important payment systems (PSs) and central securities depositories/securities settlement systems (CSDs/SSSs) has been deemed complete and consistent with the Principles for Financial Market Infrastructures (PFMI), according to a recent report by the Committee on Payments and Market Infrastructures (CPMI)… Read More

May 4, 2025 @ 10:11 pm By Omar Faridi  |  

The financial services landscape in the European Union and the United Kingdom has undergone significant transformation since the UK’s departure from the EU, marking the end of a harmonized regulatory framework that once relied on passporting rights across EU Member States. This divergence, coupled with… Read More

April 28, 2025 @ 9:33 am By JD Alois  |  

Tokenization enabler Tokeny and blockchain entity HBAR Foundation have revealed a partnership pertaining to the digitization of Real World Assets (RWAs). The collaboration is said to deliver a “compliant, scalable, and green institutional tokenization on the Hedera Network. The agreement is described as a “major milestone”… Read More

April 17, 2025 @ 8:46 am By JD Alois  |  

The European Central Bank (ECB) has cut its benchmark rates by 25 basis points. The ECB Governing Council said the move was due to an updated appraisal of the inflation outlook while claiming the disinflation process is “well on track.” “Most measures of underlying inflation… Read More

April 16, 2025 @ 10:51 am By JD Alois  |  

Eurocrowd has revealed a partnership with the EU-funded project Early Stage Investing Launchpad (ESIL). Eurocrowd states that the objective is to provide guidance on integrating securities crowdfunding under ECSPR or European Crowdfunding Service Provider regulation. ECSPR was an initiative to harmonize investment crowdfunding rules across… Read More

April 15, 2025 @ 8:52 am By JD Alois  |  

Digital asset firm Elliptic will be working with Monerium on enabling compliance and AML solutions under the MiCA regulation in Europe. The two firms note that real-time, multi-chain compliance cuts manual intervention by 60%, supporting Monerium’s Euro (EURe) stablecoin and other operations. Monerium holds an… Read More

April 14, 2025 @ 7:43 am By Omar Faridi  |  

The Malta Financial Services Authority (MFSA) has released an assessment of the level of preparedness among local banks, in view of the amendments to EU banking regulations known as CRR3. This follows an industry-wide survey conducted in 2024, which revealed different “levels of readiness among… Read More

April 13, 2025 @ 3:01 pm By Omar Faridi  |  

Digital assets firm Gemini recently announced that users in the EU can use Plaid to deposit EUR and GBP into their wallets from their bank accounts – which is described as a “significant enhancement” that will allow users in the region to fund their accounts… Read More

April 10, 2025 @ 9:17 am By JD Alois  |  

  Eurocrowd, the leading advocacy group for the securities crowdfunding market in Europe, has distributed an email describing the market as “under pressure.” Several years ago, Eurocrowd helped craft the pan-European rules that eliminated national barriers for firms and investors to participate in the sector of… Read More

April 9, 2025 @ 10:59 am By JD Alois  |  

The French Autorité des Marché Financiers (AMF) and the Italian Commissione Nazionale per le Società e la Borsa (CONSAB), have joined to submit recommendations to the Europea Commission pertaining to the usage of blockchain or distributed ledger technology (DLT). The AMF shares that the European… Read More

March 31, 2025 @ 7:59 am By Omar Faridi  |  

Taxbit, the provider of automated tax and accounting solutions for the digital economy, announced the expansion of its platform to support compliance across the EU’s DAC8 directive and the OECD’s Crypto-Asset Reporting Framework (CARF). This expansion enables Reporting Crypto-Asset Service Providers (RCASP) in 65+ jurisdictions… Read More

March 31, 2025 @ 7:57 am By Omar Faridi  |  

The PwC Global Crypto Regulation Report 2025 has examined the fast-evolving world of cryptocurrency regulation. Released by PwC Legal, the research report looked into the evolving regulatory frameworks governing digital assets across more than 50 jurisdictions, spotlighting major policy shifts and emerging trends. As the… Read More