UK’s FCA Proposes Letting PSPs Set Contactless Payment Limits
The United Kingdom’s Financial Conduct Authority has proposed removing its regulatory contactless payment limits, saying fraud controls are…
Paytm Payments Services Wins Payment Aggregator Authorization
Indian FinTech company Paytm said Tuesday (Aug. 12) that its payments subsidiary received “in-principle” authorization from the Reserve…
Apple and Google Declared Mobile Duopoly by UK Regulator
As such, the CMA is proposing new guidelines for how the two tech giants operate in the U.K.,…
European Commission Expected to OK Apple’s App Store Changes
The European Commission is reportedly likely to accept Apple’s changes to its App Store rules and fees, eliminating…
EU Publishes Final AI Code of Practice to Guide AI Companies
The European Commission said Thursday (July 10) that it published the final version of a voluntary framework designed…
Apple Fights $580 Million App Store Fine in Europe
Apple has appealed what it calls an “unlawful” $580 million fine from the European Union. “We believe the European…
European Commission Won’t Delay Implementation of AI Act
The AI Act’s rules will be implemented according to the schedule included in the legislation, Reuters reported Friday,…
EU sticks to AI Act timeline despite pressure from companies
The European Commission is sticking to its planned implementation of the AI Act. This is despite lobbying from…
Cloud sector wants EU not to restrict water supply to data centers
Cloud Infrastructure Providers in Europe (CISPE) has put forward proposals for Europe’s water resilience. The organization tries to…
UK Competition Regulator Says Visa, Mastercard Fees Violate Law
The U.K.’s Competition Appeal Tribunal ruled unanimously Friday (June 27) that Visa and Mastercard’s multilateral interchange fees violate…