EU regulators raid banks over fintech access concerns

Antitrust: Commission confirms unannounced inspections concerning access to bank account information by competing services — European Commission — “The European Commission can confirm that on 3 October 2017 its officials carried out unannounced inspections in a few Member States concerning online access to bank account information by competing service providers… These alleged anti-competitive practices are aimed at excluding non-bank owned providers of financial services by preventing them from gaining access to bank customers’ account data, despite the fact that the respective customers have given their consent to such access.”


EU agency calls for action on IoT security

ENISA logo

The EU Agency for Network and Information Security (ENISA) is calling on the European Commission to define a policy framework ensuring minimal requirements for the security of Internet of Things (IoT) devices along with the development of mandatory staged requirements for security and privacy to give stakeholders a “level playing field” in implementing trust into connected devices and IoT systems. More







NFC World

EC extends Oscar deadline

The European Commission has prolonged the deadline for a decision on whether to give the go ahead to the UK carrier-led ‘Project Oscar’ NFC joint venture, Bloomberg reports... More


NFC World

O2 Wallet launches in the UK: NFC to be added “in time”

O2

Amid on-going delays for the UK mobile network operators’ Project Oscar NFC joint venture, O2 has moved ahead with the launch of a mobile wallet that offers a suite of payments and marketing services to any mobile phone user, regardless of the carrier they get their mobile service from — with NFC to arrive later. More


NFC World

EC consults on IoT

The European Commission (EC) has started a public consultation to find out what framework is needed to unleash the potential benefits of the coming ‘internet of things’... More


NFC World

European regulators put brakes on UK NFC joint venture

Orange, O2, Vodafone, T-Mobile

The European Commission has opened an in-depth investigation into the planned NFC joint venture between Everything Everywhere, Telefónica and Vodafone UK which will delay launch until after the London Olympics and casts doubts over the timetable for the introduction of similar projects in a number of other European countries. More


NFC World

Orange aims at 3m NFC phones

Orange plans to provide three million SIM-based NFC devices to customers based in the European Union in 2012, according to Stéphane Richard, chairman and CEO of France Telecom-Orange... More


NFC World

UK NFC JV files with Brussels

Orange, O2, Vodafone and T-Mobile

The NFC joint venture between three UK mobile network operators has now filed for approval with the EU to go ahead with the scheme, code named ‘Project Oscar’, the Guardian reports, despite on-going objections from excluded carrier Three... More




NFC World

EU calls for comment on future of payments

European Union flag

The European Commission has published a green paper assessing the current card, internet and mobile payments landscape and is asking stakeholders to contribute their thoughts on how to ensure a modern, integrated payments environment can be implemented across Europe. More



NFC World

EU raises m-payments concerns

The lack of a “concrete European framework” for mobile payments means “the largest and most promising global m-payment initiatives are currently launched outside Europe,” according to a European Commission document that Bloomberg News has obtained... More