The CEF building blocks of the digital service infrastructure, as defined under the Connecting Europe Facility (CEF) cover essential components like user identification and authentication, communication, invoicing, payment and electronic service delivery. 

The 2015 Revised Directive on Payment Services (commonly referred to as PSD2) lays the groundwork for safe and secure payments across the European Union. PSD2 places a significant impetus on ensuring that adequate safeguards are put in place to prevent fraud and other unauthorized use of payment mechanisms.

Last November saw the adoption of the Delegated Regulation on Regulatory Technical Standards (RTS) by the European Commission. The objective of this regulation is to provide for Strong Customer Authentication (SCA) and establish secure channels of communications.

The European Commission adopted the Delegated Regulation on Regulatory Technical Standards (RTS) in November 2017. These standards provide detailed specifications to achieve the strict security requirements for payment service providers in the EU.

The European Commission has been hard at work pushing out policies and guidelines to address the few remaining issues in its move towards a truly unified and digital Single Market.

The public sector accounts for a quarter of all employment and a fifth of the entire economic output of the European Union. Given the economic and social contributions of the public sector as well as it’s critical contributions as a regulator, it remains a key target for reform and a centrepiece for the push towards a Single Digital Market.

The European Interoperability Framework (EIF) adopted in 2017 is the primary thrust in the EU’s effort to improve the efficiency of public service delivery across it’s member states.

 "Banks aren’t places to store money anymore, banks are places to store data". This was the statement made by David Birch at the 2017 ISSE Conference in Brussels.

The "new economy" is the catch-all phrase encompassing all new mostly service based industries, especially the ones delivered on a digital platform.