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Five EU countries unable to comply with EBA guidelines on retail payments

The UK, Slovakia and Estonia have said that they are unable to comply with internet payment guidelines that have been issued by the European Banking Authority (EBA), while Cyprus and Sweden will partially comply.  21 May 2015

Collaborating can help financial services companies respond to digital disruption, says expert

A new partnership between Metro Bank and peer-to-peer (P2P) lending platform Zopa shows how collaboration can help traditional financial services companies respond to the threat of digital disruption in their market, an expert has said. 20 May 2015

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Luxury brand owner sues Alibaba over counterfeit goods

Paris-based Kering, which owns luxury goods brands including Gucci, Stella McCartney and Alexander McQueen, has filed a lawsuit seeking damages and an injunction for alleged violations of trademark and racketeering laws from Chinese online giant Alibaba, according... 18 May 2015

Crowdfunding rewards to come under increased VAT scrutiny, says expert

The European Commission is expected to begin exercising greater scrutiny over the crowdfunding sector, presenting a risk to any businesses which have failed to account for VAT on the crowdfunding rewards they have provided, an expert has said. 14 May 2015

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