Europe Aims to Deny American Tech Firms a Role in Its Financial Data System

Europe aims to deny American tech firms a role in its financial data system

European Union closes in on FiDA deal which could block Apple, Google, Meta and Amazon from accessing financial data across the single market.

Germany pushes to block Big Tech from shared financial data system

The EU's new financial data sharing system will promote the development of new digital financial products. Apple may not get access to it.

EU Plans to Block US Tech from Financial Data Access

The European Union is moving forward with strict new rules under the Financial Data Access (FiDA) regulation, which could block US tech giants like Apple, Google, Meta, and Amazon from accessing European consumers’ financial data. The proposal, now in its final negotiation stage, has stirred controversy across both sides of the Atlantic. The FiDA regulation […] The post EU Plans to Block US Tech from Financial Data Access appeared first on TechJ…

Germany seeks to block Apple, Google from EU’s FiDA

Germany has proposed excluding major U.S. technology companies, including Apple and Google, from the European Union’s new Financial Data Access (FiDA) system.

Germany Pushes EU to Block Apple from Financial Data Sharing System

The European Union is finalizing a new financial data sharing system meant to give consumers more control over their banking information and encourage the creation of digital financial services. But U.S. tech giants including Apple, Google, Amazon, and Meta look set to be locked out, with Germany pushing for their exclusion. Europe’s FiDA Regulation At […] The post Germany Pushes EU to Block Apple from Financial Data Sharing System appeared firs…