New mobile payment systems pose regulatory, security challenges

According to a draft of the new rules, the EU executive earmarked as a key source of concern “the legal vacuum for certain newly emerged internet service providers, such as third-party service providers offering online banking-based payment initiation”.

http://www.euractiv.com/special-report-payments-services/innovative-mobile-payments-pose-news-529224?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=EurActivRSS