Bank of England outlines Brexit payment risks
The BoE's Financial Stability Report for December 2020 notes the additional information required for SEPA payments between the UK and EU.
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…
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SIA integrates request to pay services in Europe
The payment method allows beneficiaries to send a payment request in real-time to a payer through several digital channels.
Surviving ISO 20022 migration – a report and a product
Deutsche Bank’s report shows what happening and Message Checker could help you survive and prosper?
Banking industry puts forward vision for future-driven EU payments market
Three European associations have published their vision for the EU retail payments framework.
MultiSafepay and “Request to Pay”: open banking comes of age
MultiSafepay piloting Deutsche Bank’s Request to Pay solution, a first step in creation of a pan-European scheme for online payments.
EBA Clearing provides specifications for a pan-European request to pay infrastructure solution
The specifications have been created with the support of 27 financial institutions from 11 countries.
Societe Generale launches instant payment offering for financial institutions
The solution was developed in partnership with Transactis.
Societe Generale chooses FIS for corporate instant payments in Europe
The solution will offer a real-time payments option for the bank's corporate clients in nine European countries.
EBA Clearing begins development of pan-European request to pay infrastructure solution
The delivery of the solution is supported and funded by 26 financial institutions from 11 countries for a go-live in 2020.
LBBW and equensWorldline extend SEPA payments partnership
The partnership sees over 1 billion transactions processed per year.
Requests to delay PSD2 have started
EPSM recommends harmonised migration plans on PSD2-SCA, i.e. delay of 18-36 months
Netherlands’ slow progress on PSD2 adoption analysed
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
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
Despite higher levels of awareness and precaution, businesses are losing more and recovering less, a survey suggests
Volante Technologies launches SEPA instant payments processing
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
Integrated solution targets speed and accuracy upgrades to the B2B payment process
NICE Actimize launches PSD2 fraud profiling tool
The cloud-based solution from NICE Actimize targets the PSD2 compliance deadline.
JP Morgan adds Sepa Instant to real-time payments offering
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
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
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
The majority of the new regulations are scheduled to be introduced this December.
EU seeking accelerated adoption of TIPS
The European Commission wants more banks to adopt its TARGET instant payment settlement system.
ECB goes live with TIPS pan-European instant payments
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”
You might need the HSBC interactive PDF which summarises the key dates, top considerations and five steps for Brexit readiness