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EU Commission updates payment rules to fight fraud, improve consumer rights

EU Commission updates payment rules to fight fraud, improve consumer rights
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Valdis dombrovskisMairead mcguinnessNilixa devlukiaEuropean parliamentEu commissionEuropean commissionRetail banking groupFabrice denEuropean savingsOpen finance association

EU financial associations want traditional payments excluded from eIDAS regulation

Calls for clarification on some wordings used which seem to make the application of the regulation mandatory for the full lifecycle of payments.

European banking federationRetail banking groupEuropean association of banksEuropean parliamentEuropean councilPayment services directiveIdentity regulationEuropean associationCo operative banksPayment service providersEuropean savingsIndependent retailEuropean digital identity walletGeneral approachDigital identity regulationIdentity wallet

European Payments Initiative to acquire iDeal and Payconiq

The European Payments Initiative, a bank-backed venture that was initally set up to build a rival to Mastercard and Visa in Europe, is to acquire Dutch payment scheme iDeal and Payconiq, the mobile payments app supported by a host of Belgian and Dutch banks.

Banque postalePeter simonMartina weimertDeutsche bankDz bankEuropean central bankRetail banking groupEuropean savingsEuropean institutions

Financial firms push for no payments in EU Digital ID

The associations are recommending limiting the mandatory acceptance of the EUDIW to the verification of the user’s identity only.

European association of banksEuropean banking federationRetail banking groupMobey forumEuropean parliamentPayment services directiveEuropean credit sector associationsEuropean digital identityEuropean associationCo operative banksEuropean savingsMember statesEuropean digital identity walletDigital identity regulationIdentity wallet

ECB speakers coming up on Thursday, 24 November 2022 - de Guindos, Schnabel, Enria

ECB speakers coming up on Thursday, 24 November 2022 - de Guindos, Schnabel, Enria
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City ofUnited kingdomAndrea enriaAnalysis forumBoard isabel schnabel at bankRetail banking groupLuis de guindosBoard isabel schnabelEngland watcher conferenceEuropean savingsEcb outlook forecastEuropean central bank outlook forecast