EU - Seamless Xtra

5 Open Banking trends transforming financial services in 2024

by Mark Dowdall | Jul 11, 2024

Open Banking has rapidly become a key catalyst for change in the financial services industry in 2024. Here are five trends shaping the industry right now.

EU cross-border ecommerce reaches €237 billion

by Mark Dowdall | May 6, 2024

The total online EU cross-border market reached a turnover of €237 billion last year, a new report from Cross-Border Commerce has revealed.

ECB and EBA tackle data reporting by the banking industry

by Mark Dowdall | Mar 19, 2024

The European Central Bank (ECB) and the European Banking Authority (EBA) have said they are working together to make data reporting by the banking industry more efficient.

Instant payments can boost the financial prospects of young adults in the EU, study finds

by Mark Dowdall | Mar 19, 2024

Instant payments can boost the financial prospects of young adults in the EU, new research has revelaed.

The ECB introduces draft rulebook for digital euro payments

by Mark Dowdall | Jan 8, 2024

The first chapters of a digital euro rulebook have been drafted in line with the legislative proposal and the digital euro design decisions approved by the Governing Council of the ECB.

Final agreement reached on regulations for EU Digital Identity Wallets

by Mark Dowdall | Nov 10, 2023

The European Parliament and the Council of the EU have reached a final agreement on the regulations around introducing European Digital Identity Wallets.

EU online fashion and beauty market to be worth €144 billion by 2026, says report

by Mark Dowdall | Sep 15, 2023

The EU’s online fashion & beauty market is projected reach a turnover of €144B by 2026, bolstered by C2C marketplaces offering sustainable second-hand fashion and resale options.