EBA Clearing begins development of pan-European request to pay infrastructure solution
by Ben Poole
The delivery of the solution is supported and funded by 26 financial institutions from 11 countries for a go-live in 2020.
Home » Sections » Payments - Bill Collection » SEPA Payment Structure & Services
SEPA Payment Structure & Services
Background
The European Central Bank (ECB) and the European Commission describe SEPA (Single Euro Payments Area) as "an integrated market for payment services which is subject to effective competition and where there is no distinction between cross-border and national payments within the euro area. This… Read more about SEPA Payment Structure & Services
LBBW and equensWorldline extend SEPA payments partnership
by Ben Poole
The partnership sees over 1 billion transactions processed per year.
Requests to delay PSD2 have started
by Jack Large
EPSM recommends harmonised migration plans on PSD2-SCA, i.e. delay of 18-36 months
Netherlands’ slow progress on PSD2 adoption analysed
by Graham Buck
Reports suggest the country is lagging in developing open banking, despite Dutch digital proficiency and openness to new technology
Impact on corporates of ISO 20022 migration in payments clearing & settlement
by Jack Large
Not simply another IT project: hear how this worldwide initiative has profound implications for corporates & understand actions needed
Payments fraud makes heavier impact on UK companies
by Graham Buck
Despite higher levels of awareness and precaution, businesses are losing more and recovering less, a survey suggests
Volante Technologies launches SEPA instant payments processing
by Graham Buck
The new service will be available on Microsoft Azure for two European schemes – EBA Clearing’s RT1 and ECB’s TIPS
PPRO and HighRadius aim to simplify European B2B payments
by Ben Poole
Integrated solution targets speed and accuracy upgrades to the B2B payment process
NICE Actimize launches PSD2 fraud profiling tool
by Ben Poole
The cloud-based solution from NICE Actimize targets the PSD2 compliance deadline.
JP Morgan adds Sepa Instant to real-time payments offering
by Graham Buck
The US banking group describes the move as the latest step in offering the service globally.
Deutsche Bank, Serrala release API solution for instant payments
by Graham Buck
The bank’s first API for Sepa instant payments launches in an initiative with the fintech software group formerly known as Hanse Orga.
UK to stay in SEPA regardless of Brexit outcome
by Graham Buck
The European Payments Council agreed that the UK will remain a member of the single euro payments area.
EU works towards cheaper cross-border payments
by Graham Buck
The majority of the new regulations are scheduled to be introduced this December.
EU seeking accelerated adoption of TIPS
by Graham Buck
The European Commission wants more banks to adopt its TARGET instant payment settlement system.
ECB goes live with TIPS pan-European instant payments
by Bija Knowles
The European Central Bank has launched the TARGET instant payment settlement system for instant eurozone transactions
Brexit - it is still not too late: “Be aware and be prepared”
by Jack Large
You might need the HSBC interactive PDF which summarises the key dates, top considerations and five steps for Brexit readiness
What happens to UK SEPA payments after Brexit?
by Bija Knowles
The EPC has outlined its position on several possible post-Brexit scenarios and how they will affect SEPA payment schemes
European CFOs optimistic but with less enthusiasm
by Jack Large
Plan capital spending and hiring despite uncertainties as risk appetite and uncertainty levels remain static while skills, cyber security and protectionism dominate list of concerns
Banks prepare to tackle open banking/PSD2 challenges
by Bija Knowles
Banks are facing unprecedented changes as some of the requirements of the revised Payments Service Directive (PSD2) take effect this year
Happy tenth anniversary SEPA and congratulations!
by CTMfile
EPC infographic shows how far how SEPA has come, but what revolution will match it?
PSD2: what should we expect on 13 January?
by Bija Knowles
The short answer is 'not much'. While PSD2 could bring changes in the long-term (more competition, collaboration and innovation), in the short-term it's more of a transition than a big bang
10 key trends for payments in 2018
by Bija Knowles
All eyes will be on how PSD2 will change the payments landscape this year – but instant payments, advanced authentication technologies and DLT will also change the way we pay in 2018
EBA publishes final guidelines on PSD2 security measures
by Bija Knowles
Guidelines for appropriate security measures to mitigate operational and security risks under PSD2 have been issued by the European Banking Authority
SCT Inst to gain critical mass by 2020 – EPC poll
by Bija Knowles
The SEPA Instant Credit Transfer is expected to take off quickly and will reach a critical mass in Europe before 2020, according to the results of a web poll by the European Payments Council