Can Europe wean itself off US credit card firms? – DW – 05/03/2025
www.dw.com
Visa, Mastercard, and PayPal dominate the cashless payments landscape in the EU and the European Central Bank warns about the region's reliance on US payment giants. But what alternative does Europe have?
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    • Evotech@lemmy.worldEnglish
      1 year

      Yeah, every single European bank is hard at work implementing these directives. I’ve been working on that myself with many companies

      • Observant_Owlbear@feddit.orgEnglish
        1 year

        Uh nice, would you like to share where you work?

        I just finished by bachelors thesis in this topic.

        • Evotech@lemmy.worldEnglish
          1 year

          I try not to dox myself too hard but companies that offer bank services like Banqsoft and similar vendors and their their hosting providers generally work very tightly with this.

          Other banks might develop most of their stack in house and have their own developers and business managers for this

          I’ve worked more on the it side, connecting networks, providing infrastructure for the apis and services, configuration of audit trails, it compliance and the such