The Transformation of Payments Industry

2021 ◽  
pp. 121-139
Author(s):  
Yasmin Ahmed Mahgoub
Keyword(s):  
European Union ◽  
Digital Economy ◽  
Mobile Payment ◽  
User Requirements ◽  
The European Union ◽  
Successful Management ◽  
Mobile Payments ◽  
Cross Country ◽  
Industry Transformation

Mobile payment is an innovative area, which will speedily grow in the coming years. The mobile payments in the European vision stresses as payment industry transformation to the digital economy. This management transformation applied via seamless availability for the users and business in an open cross-country platform, to meet the user requirements and will not hinder the mobile payments industry transformation. Several regulations and directives have been made on the European Union context to realize this vision; however, there is still a challenging road ahead. Directives and regulations legislated to increase the confidence payment transformation and users by instructive the rights and obligations of all mobile payments parties, providing the requirements for transformation such as interoperability, likewise users requisites such as security and customer protection. This chapter provides a brief overview of these directives and raises to some critical matters that have to be taken into consideration for successful management transformation of a pan-European mobile payment service in the Fintech context.

scholarly journals Instruments and Methods for Identifying Indicators of a Digital Entrepreneurial System

Mathematics ◽  
2021 ◽  
Vol 9 (17) ◽  
pp. 2151
Author(s):  
Jelena Raut ◽  
Đorđe Ćelić ◽  
Branislav Dudić ◽  
Jelena Ćulibrk ◽  
Darko Stefanović
Keyword(s):  
European Union ◽  
Growth And Development ◽  
Digital Economy ◽  
The European Union ◽  
Successful Management ◽  
Member States ◽  
Starting Point ◽  
Main Driver ◽  
The Subject ◽  
The Republic

Entrepreneurial ecosystems are the main driver of the widespread trend of digitalization, and they open opportunities for the advancement of the digital economy. The digital economy makes its progress through innovative enterprises that can ensure global progress. In order to effectively use the opportunities that open up the process of digitalization, information is needed on how much the Republic of Serbia is able to support the process of discovering entrepreneurship, which is stimulated by digitalization, which is the subject of this paper. The aim of this paper is to analyze the digital entrepreneurial system of the Republic of Serbia, as well as to identify indicators that hinder the development of this system, using appropriate instruments and methods that will be presented in detail in the paper. The results have demonstrated that the starting point for improvement of the digital entrepreneurial system is in the field of finance, with a particular focus on companies in the startup and stand-up phases. Furthermore, a comparative analysis will showcase the digital entrepreneurial system of the Republic of Serbia and the member states of the European Union, where it will be seen that the digital entrepreneurial system of the Republic of Serbia is lagging behind the member states of the European Union in its growth and development. The results will serve as the starting point for policymakers to improve the process of digitalization and the digital entrepreneurial system as a whole. The results show the starting point for the improvement of entrepreneurship in the Republic of Serbia, that is, how small, and medium-sized enterprises can be encouraged on the path to their successful management.

The physical economy of the European Union: Cross-country comparison and determinants of material consumption

2006 ◽  
Vol 58 (4) ◽  
pp. 676-698 ◽  
Author(s):  
Helga Weisz ◽  
Fridolin Krausmann ◽  
Christof Amann ◽  
Nina Eisenmenger ◽  
Karl-Heinz Erb ◽  
...  
Keyword(s):  
European Union ◽  
The European Union ◽  
Material Consumption ◽  
Country Comparison ◽  
Cross Country

The Google Ireland Case and the Legal Battle over Digital Taxes in the European Union

2021 ◽  
Vol 14 (1) ◽  
pp. 209-220
Author(s):  
Giulio Allevato ◽  
Fernando Pastor-Merchante
Keyword(s):  
European Union ◽  
Digital Economy ◽  
Free Movement ◽  
Preliminary Ruling ◽  
The European Union ◽  
Topical Issue ◽  
Member States ◽  
Court Of Justice ◽  
Legal Battle ◽  
The Way

The preliminary ruling of the Court of Justice of the European Union in the Google Ireland case turned on the compatibility with the rules on free movement of some of the administrative arrangements put in place by Hungary in order to administer its controversial advertisement tax (namely, the obligation to register and the penalties attached to the failure to comply with that obligation). The preliminary ruling offers some interesting insights on the way in which the Court assesses the compatibility with the freedom to provide services of national administrative arrangements aimed at ensuring the effective collection of taxes. This is a topical issue in the context of the recent efforts made by Member States to tax the digital economy more effectively.

scholarly journals Age-training gaps in the European Union

2012 ◽  
Vol 34 (1) ◽  
pp. 129-156 ◽  
Author(s):  
FIONA CARMICHAEL ◽  
MARCO G. ERCOLANI
Keyword(s):  
European Union ◽  
Older People ◽  
Labour Force ◽  
The European Union ◽  
Work Related ◽  
Cross Country ◽  
The Relationship ◽  
And Training ◽  
Normal Work ◽  
The Eu

ABSTRACTThis paper examines the relationship between age and training in the 15 European Union countries (EU-15) that were member states prior to the 2004 enlargement. The analysis is carried out using European Union Labour Force Survey data. We report cross-country comparisons of the training undertaken by older people (aged 50–64) and younger people (aged 20–49). We extend previous research by adding an analysis of the training undertaken by non-workers as well as that of workers. We also consider whether training is work-related, whether it is undertaken during normal work-hours and the time spent in training. Our results show that across the EU-15 not only are older people less likely to participate in training in general but, more importantly, they are less likely to participate in work-related training. Our evidence suggests that there is considerable scope for raising the training rates of older people and particularly older people who are out of work.

scholarly journals TAXATION ARISING FROM DIGITALISATION: ISSUES AT STAKE

2021 ◽  
Author(s):  
Silvia Velarde Aramayo ◽  
Keyword(s):  
United States ◽  
European Union ◽  
Developing Countries ◽  
Tax Avoidance ◽  
The United States ◽  
Digital Economy ◽  
Tax Structure ◽  
The European Union ◽  
International Consensus ◽  
European Union Countries

The OECD is leading global efforts to reach an international consensus around the BEPS Project with the G20 support. Action 1 works on the tax challenges of the digital economy and its proposals have been made with the «inclusive framework» participation that brings together more than 137 countries. The article focuses on the legitimacy, operation, and consequences of all this work for developing countries that, according to estimates of the UNCTAD, lost annually U$100 billion due to tax avoidance schemes by MNEs. The OECD/G20 inclusive framework is designing a new global tax structure and its proposals attempt to introduce new rules on taxing rights allocation and distribution. At the same time, some countries have adopted unilateral measures in order to tax some digital businesses. Finally, the European Union Countries continue to delay the adoption of the CCCTB and DST Directive proposals, and the United States has introduced the GILTI legislation that seeks to tax the global intangible income. Everything seems to indicate that in the next years the international tax architecture will be changed in deep.

scholarly journals Legal procuring of international information/cyber security of the digital economy: economic and legal aspects

E-Management ◽  
2019 ◽  
pp. 61-66
Author(s):  
L. O. Gontar’
Keyword(s):  
European Union ◽  
Cyber Security ◽  
Law And Economics ◽  
Integrated Approach ◽  
Legal Regulation ◽  
Legal Aspects ◽  
Digital Economy ◽  
Substantial Part ◽  
The European Union ◽  
The Impact

The article considers a problem of the definition of the digital economy, as well as presents a new theme on the legal procuring of international cyber security. The above mentioned new direction serves as an indicator of possible interdisciplinary research in the field of law and economics in the sphere of digital processes. As a justification the acts of the European Union have been adduced and their characteristic features, which consist in consideration of a substantial part of digital economy (economic party) have been allocated. This integration association has a unique structure and history, but the process of regulating the digital economy in the European Union began not so long ago. The European Union is one of the few integration associations that has started to work on improving the mechanisms of legal regulation of the digital market. This circumstance certainly affects the development of an integrated approach to the understanding of the digital economy, as well as further actualizes the issue of considering the legal procuring of international cyber security of this phenomenon. Legal procuring of security is a new direction in the international legal field, which will allow to consider the legal aspects in demand in the digital economy. The challenges in relation to international cyber security and the impact of the conceptual apparatus on the issues of the legal procuring of the security of the digital economy have been considered. It is important to note that the article suggests possible solutions to the problem posed. At the end of the article three proposals for improving approaches to the security of the digital economy have been elaborated. In terms of their qualitative characteristics, the proposals, undoubtedly, relate to legal and technical aspects, but also solutions regarding the conceptual component of the legal procuring of the security have been presented.

Avatar-Based Control and Development of Neuron Multi-Functional Platforms for Transformation Processes in the Digital Economy

2020 ◽  
pp. 231-247
Author(s):  
Vardan Mkrttchian ◽  
Serge V. Chernyshenko ◽  
Ekaterina Aleshina
Keyword(s):  
European Union ◽  
Digital Technologies ◽  
Digital Economy ◽  
The European Union ◽  
Transformation Models ◽  
Triple H ◽  
Transformation Processes ◽  
Technological Platforms ◽  
Functioning Mechanism

The diverse sectors of the economy are subject to transformational processes in the digital economy. The reason for the rapid digital progress based on a functioning mechanism and the great attention to this transformation are the only economic reasons for reducing the costs of the transformation elements that are present in every product and, along with the transformation, affect mainly all sectors of the economy. For example, in the European Union there is a Permanent Forum on the digital teaching of environmental disciplines. In authors' opinion, the existing transformation models are extremely useful in connection with the decision of Russia and the EAEU member countries on the transformation of Digital Economy. This chapter sets the task of managing on the basis of avatars and developing neural multifunctional technological platforms for transformation processes in Digital Economy as based on the analysis of world experience in the use of digital technologies in teaching environmental disciplines and Triple H Avatar.

Studying Contemporary Europe

2000 ◽  
Vol 2 (1) ◽  
pp. 95-113 ◽  
Author(s):  
Helen Wallace
Keyword(s):  
European Union ◽  
International Relations ◽  
Eastern Europe ◽  
Political Science ◽  
Comparative Politics ◽  
Central And Eastern Europe ◽  
Review Article ◽  
The European Union ◽  
Cross Country ◽  
Opening Up

The study of contemporary Europe has attracted growing attention in mainstream political science and international relations. Both studies of the European Union and cross-country comparisons of various political phenomena in different European countries are beginning to enrich our understanding of the process and limitations of integration. This growth of interest has also been stimulated by the opening up of central and eastern Europe which has encouraged scholars to address the issues of transformation using the tools of comparative politics. In addition, studies of Europeanisation are now being more systematically related to broader international developments and to the process of globalisation. British scholars, and British-based scholars, are making important contributions to the debates in political science and international relations. This review article traces some of the strands of this development.

scholarly journals Higher education in the EU countries: comparative geographical analysis

2019 ◽  
Vol 69 ◽  
pp. 00131
Author(s):  
Marina Voronina
Keyword(s):  
Higher Education ◽  
European Union ◽  
Comparative Analysis ◽  
University Students ◽  
Age Structure ◽  
Faculty Members ◽  
The European Union ◽  
Country Level ◽  
Cross Country ◽  
The Eu

The article analyzes indicators of higher education in the European Union: the number of higher education institutions; the number of university students; changes in the number of faculty members, age structure; higher education expenses; cost of training one student. A similar study was conducted by the author in 2006. The article provides a comparative analysis of indicators for 2001-2016. The analysis uses data from EUROSTAT which were interpreted at the cross-country level.

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