European Union

The European Union is a political and economic union of 27 member states that are located primarily in Europe. Its members have a combined area of 4,233,255.3 km² and an estimated total population of about 447 million.

Source: europa.eu

Big Tech Awaits Changing of EU Regulatory Guard
Big Tech Awaits Changing of EU Regulatory Guard
September 22, 2024  |  Regulation

Two of the European Union’s top regulators are stepping down from their posts. And as Wired reported Saturday (Sept. 22), experts say it’s too soon...

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Global Embrace of eInvoicing Targets Fraud
Global Embrace of eInvoicing Targets Fraud
September 19, 2024  |  B2B Payments

Businesses want to be paid in a timely manner. Governments want tax revenue. The advantages of cutting down on paper — and, specifically, paper invoices...

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Apple and Google Court Losses Mark ‘Big Win’ for Regulators
Apple and Google Court Losses Mark ‘Big Win’ for Regulators
September 10, 2024  |  Legal

A European court has ruled against both Apple and Google in separate cases. The European Union Court of Justice has upheld a 2016 decision by the European Commission that Ireland gave...

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Apple to Update Browser Choice and App Deletion in EU
Apple to Update Browser Choice and App Deletion in EU
August 22, 2024  |  Apple

Apple will give users in the European Union (EU) more choice when it comes to browsers and apps as it works to comply with the...

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Germans Prefer Carrying Cash as CBDC Decision Looms
Germans Prefer Carrying Cash as CBDC Decision Looms
August 18, 2024  |  CBDC

The future of the digital euro could be decided next year.  But as Bloomberg News reported Sunday (Aug. 18), many people in Europe’s largest economy...

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Apple Gives Third Parties Access to Tap-and-Go Payments Tech
Apple Gives Third Parties Access to Tap-and-Go Payments Tech
August 14, 2024  |  Apple

Apple says it is giving developers access to its near-field communication (NFC) technology. “Starting with iOS 18.1, developers will be able to offer NFC contactless...

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Legacy Treasury Management Systems Ill-Equipped as Markets Enter Real-Time Era
Legacy Treasury Management Systems Ill-Equipped as Markets Enter Real-Time Era
August 08, 2024  |  B2B Payments

When it comes to contemporary business operations, complexity is nearly unavoidable. The bigger a business gets, the more borders it crosses and peers it acquires,...

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Banks and Their Tech Suppliers Face More IT Scrutiny in Europe
Banks and Their Tech Suppliers Face More IT Scrutiny in Europe
August 08, 2024  |  Cybersecurity

Banks and their IT providers will soon face tougher scrutiny in the European Union (EU). That’s because of the Digital Operational Resilience Act (DORA), which...

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Report: Meta Facing EU Fine for Linking Facebook and Marketplace
Report: Meta Facing EU Fine for Linking Facebook and Marketplace
July 25, 2024  |  ANTITRUST

Meta Platforms is reportedly facing its first antitrust fine in the European Union (EU). That fine could be handed down in a few weeks in response...

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