UniCredit Bank Austria and Brandl & Talos launch the digital legal advisor tool for contracts with the public sector
Together, Brandl & Talos and UniCredit Bank Austria have created the first digital legal advisor program in Austria. The tool will help UniCredit Bank Austria streamline the financing requests of municipalities. Legal certainty is always just a few clicks away.
The Account Information and Payment Initiation services make the payment services market more versatile, and certainly set some interesting data-protection questions. Account Information Services provide consolidated information on payment accounts, e.g. via multibanking apps. Whereas Payment Initiation Services, such as the Swedish provider Klarna, trigger online payment transactions. Written by Florian Braunauer & Katharina Anna Riedlinger.
From year to year, the state legislators have been steadily tightening the regulations for sports betting providers in Europe. In 2019, the European Commission's imminent infringement proceedings against Austria are a prime example of this trend. The betting industry is lagging behind in terms of requirements to counter money-laundering and terrorist financing, in the Commission's opinion, and that's about to change. Written by Raphael Toman & Tanja Schmid.