Europe
😱United Kingdom🇬🇧: Central Bank moves forward with a proposal for an alternative payment system to cards Paid Members Public
😱United Kingdom🇬🇧: Central Bank moves forward with a proposal for an alternative payment system to cards The initiative is expected to enable consumers to make purchases directly from their bank accounts, reducing reliance on traditional debit and credit card networks. Working groups involving representatives from the financial sector and other
🤔 European Central Bank publishes payment data for the first half of 2025 Paid Members Public
🤔 European Central Bank publishes payment data for the first half of 2025 Overview: Cards remain the dominant payment method, largely driven by the continued shift toward cashless payments. ⚫️ From January to June, 77.7 billion cashless transactions were recorded, representing a 7.7% year-on-year increase. The total value of these
✅Europe: financial and payments sovereignty returns to the forefront of the agenda Paid Members Public
✅Europe: financial and payments sovereignty returns to the forefront of the agenda Companies Bancomat🇮🇹, Bizum🇪🇸, SIBS🇵🇹, and Vipps MobilePay🇳🇴 have signed a memorandum of understanding to accelerate the rollout of sovereign pan-European payment solutions under the EPI project by 2027. 🌀 The collaboration is based on a centralized interoperability hub, to
⛔️Netherlands🇳🇱: the new coalition government seeks to ban gambling advertising and limit the number of licences Paid Members Public
⛔️Netherlands🇳🇱: the new coalition government seeks to ban gambling advertising and limit the number of licences During parliamentary discussions, the gambling sector was compared to prostitution, with critics arguing that both activities are “linked to crime and human trafficking”, despite the fact that both prostitution and gambling are legal activities
🫦The European Payments Council plans to launch an anti-fraud platform with a female name Paid Members Public
🫦The European Payments Council plans to launch an anti-fraud platform with a female name The European Payments Council has unveiled FRIDA (Fraud Information Distribution Arrangement), a new initiative aimed at strengthening fraud prevention and information-sharing across the European payments ecosystem. The project is designed around a network of trusted organizations
🆘United Kingdom🇬🇧: gambling licence fees may increase by up to 30% Paid Members Public
🆘United Kingdom🇬🇧: gambling licence fees may increase by up to 30% The UK Department for Culture, Media and Sport (DCMS) has announced the launch of a consultation on a potential increase in fees charged to operators. ➡️ In response to questions over the proposal, the regulator cited budgetary constraints, driven by
👻Greece🇬🇷: cryptocurrency exchange Binance submitted a license application to the local regulator Paid Members Public
👻Greece🇬🇷: cryptocurrency exchange Binance submitted a license application to the local regulator The move is intended to enable the company, once the relevant regulatory framework comes into force (expected later this year), to operate legally across the entire European Union. 🔣 The institution currently engaging with Binance is the Hellenic Capital
⚡️Europe in 2030: a ClearBank study forecasts strong growth in SEPA Instant payments Paid Members Public
⚡️Europe in 2030: a ClearBank study forecasts strong growth in SEPA Instant payments According to the study, the European instant payments ecosystem is expected to match—and even surpass— traditional credit transfers by the end of the decade. ➡️ Sample: the research surveyed representatives from 100 financial institutions across 10 European