EU Retail Payments Strategy
Read about the envisaged actions of the EU Commission in its EU Retail Payments Strategy for the next 4 years to get a timely insight into what is coming in payments: [...]
By DALIR
Posted European Data Protection Board’s Guidelines 6/2020 on the interplay of the Second Payment Services Directive and the GDPR
European Data Protection Board’s Guidelines 06/2020 on the interplay of the Second Payment Services Directive and the GDPR Earlier in December 2020, the European Data Protection Board (“EDPB”) [...]
PSR’s market review of the card acquiring sector in the UK
Payment Systems Regulator’s market review of the card acquiring sector in the UK The Payment Systems Regulator (“PSR”) is the economic regulator for the £75 trillion payment systems industry in [...]
EBA publishes its Opinion on the deadline and process for completing the migration to SCA for e-commerce card based payment transactions (EBA-Op-2019-11)
On 21 June 2019, the European Banking Authority (“EBA”) published its Opinion on Strong Customer Authentication (“SCA”) elements under PSD2 (EBA-Op-2019-06) where they amongst others, stipulated [...]
By DALIR
In Blockchain, Company News, Crowfunding, Cryptocurrencies, Fintech, Payment Services, Smart Contracts
Posted DALIR’s Founder speaks on a panel for the launch of the new book on Fintech
On 8 October 2019 DALIR’s Founder Dr Dajkovic spoke on a panel for the launch of the new book on Fintech, recognizing DALIR as a leading actor in the FINTECH industry. The book is a compilation [...]
PSPs and VAT e-Commerce Directive — European Commission Proposes New Rules for Payment Service Providers to Strengthen Fight Against VAT Fraud
On 12 December 2018, the European Commission proposed a new Council Directive that would impose obligations on payment service providers (“PSPs”) to record and report transaction information to [...]
The EBA issues Opinion on the use of eIDAS certificates under the RTS on SCA and CSC
On 10 December 2018, the European Banking Authority (“EBA”) issued an opinion to clarify the use of qualified certificates for electronic seals (“QSealCs”) and qualified certificates for website [...]
The ECJ’s restrictive interpretation of ‘payment account’ in Bundeskammer für Arbeiter und Angestellte v. ING-DiBa Direktbank Austria (Case C 191/17)
In a judgment laid down on 4 October 2018, the European Court of Justice (“the ECJ”) decided that an online savings account that allowed account holders to withdraw funds immediately and without [...]
The Results from the FCA’s Thematic Review on Money Laundering and Terrorist Financing Risks in the E-Money Sector
The UK’s Electronic Money Institutions, known also as e-money institutions or EMIs, generally have strong controls to mitigate money laundering and terrorist financing risks, according to a [...]
FCA publishes Consultation Paper on temporary permissions after Brexit
If your firm is: a provider of financial, payment, e-money and/or account information services, obtained a regulatory licence in Luxembourg, Netherlands, France, Germany or another EEA state, and [...]
