Still a payment service or already the issuance of e-money?
This is the question currently dealt with in front of the European Court of Justice in Case C-661/22.…
The metamorphosis of a payment instrument into a payment app
If you “google” the term payment app, you come across Apple Pay, Google Pay, Payback Pay, Bluecode, PayPal…
European Commission publishes a Proposal for a Regulation on the establishment of the digital euro
On June 28, 2023, the European Commission published a proposal for a regulation (“dEUR Regulation”) on the establishment…
New Regulation on the Supervision of Shareholdings and its impact on practice
On December 27, 2022, the so-called Third Regulation Amending the Regulation on the Supervision of Shareholdings (Regulation on…
Credit card saturation and debit card boom in Germany?
According to the Bundesbank’s payment statistics, the number of credit cards issued1 fell by 6% (for so-called charge…
How to become a payment institution in Luxembourg
Payment services within the meaning of the second payment services directive (PSD2) may be provided by different payment…
The mysticism of numbers
The mysticism of numbers There is a bon mot attributed to Bismarck: “Laws are like sausages, it is…
On the Way to PSD3 – EBA’s Thoughts on Required Amendments to the Regulatory Framework for Payment Services
The review of PSD2 is currently taking place with some delay. With this review, various market participants are…
EU Commission plans to abolish anonymous e-money
In summer 2021, the European Commission presented an ambitious legislative package to improve the fight against money laundering…
Opening a Bank Account in Germany: A Guide for Refugees and Helpers
Эта статья также доступна на русском языке. How to open a bank account in Germany A bank…