Apple to open up the iPhone’s NFC chip in Europe?

Apple has offered to open up access to the iPhone’s NFC chip to rival mobile payments providers, “three people familiar with the matter” have told Reuters, “a move that could settle EU antitrust charges and stave off a possible hefty fine”... More



Luxembourg to trial digital identity wallet as part of EU pilot

Luxembourg’s Ministry for Digitalisation and Government IT Centre (CTIE) are to test a digital identity system that allows multiple official documents to be stored and exchanged across four use cases as part of the European Union’s large-scale European Digital Identity Wallet (EUDIW) pilot programme... More



US Consumer Financial Protection Bureau proposes new rule to oversee Big Tech digital wallet and payment app providers

Consumer Financial Protection Bureau (CFPB) logo

The US Consumer Financial Protection Bureau (CFPB) is proposing to subject large non-bank companies that offer consumer finance services including digital wallets and payment apps – such as Apple and Google – to the same regulatory scrutiny and oversight as banks, credit unions and other financial institutions. More