A Giant Leap for FinTech in the EU?

Yes, it certainly looks as much. While some Fintechs may chafe at the news, The EU has begun to codify a framework for the delivery of financial services in the Fintech era. About a two-minute read.

Comment: this is excellent news. The EU has published multiple opinion papers, leading to policy statements over the years, and is now beginning to tie it all together into a cohesive framework. This will actually prove beneficial towards adoption of Fintech by incumbents, and ultimately benefit the consumer.