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…
Read moreby Kylene Casanova
On 1 February 2016, payment service providers (PSPs) in the Eurozone will be required to process Single euro payments area (Sepa) payments using only international bank account numbers (IBANs).
by Kylene Casanova
The European Payments Council has published its proposal for a pan-European instant credit transfer scheme.
by Kylene Casanova
The European Payments Council has announced that the 2015 Sepa business rules for SDD and SCT are now in effect.
by Kylene Casanova
The Sepa Cards Framework (SCF) is being retired after 10 years, during which time it has seen EMV card acceptance in Sepa countries grow from 10 per cent in 2004 to almost 100 per cent in 2015.
by Kylene Casanova
The European Payments Council (EPC) has published an updated version of its recommendations on customer reporting of Single Euro Payments Area (SEPA) credit transfers and direct debits.
by Kylene Casanova
The UK's payments industry trade association has announced it will be facilitating the move to IBAN-only cross-border payments from February 2016.
by Kylene Casanova
The European Payments Council's October newsletter includes details including the SCT instant payment scheme, P2P mobile payments and the evolution of existing schemes.
by Kylene Casanova
Europeans are increasingly choosing non-cash payments, with the number of non-cash payments increasing by 2.8% compared to 2013, to 103.2 billion, according to the European Central Bank.
by Kylene Casanova
The European Parliament has adopted the European Commission's revised Payment Services Directive (PSD2), paving the way for safer and more efficient payments across Europe.
by Kylene Casanova
The European Payments Council has launched a public consultation on a revised version of the rules that govern SEPA Credit Transfers and SEPA Direct Debits.
by Kylene Casanova
The European Payments Council aims towards greater SEPA transparency with kick-off meetings for technical players and end-users of payments schemes.
by Kylene Casanova
With approval of the revised Payments Services Directive imminent, will PSD2 provide the legal framework needed for Europe's fast-changing and growing payments environment?
by Kylene Casanova
European Payments Council highlights trends it expects to shape the future of payments in the Single Euro Payments Area (SEPA) and beyond.
by Kylene Casanova
The EPC's July newsletter addresses topics including instant payments for corporates, PSD2, the EU Single Digital Market, e-authorisation and updates on Europe's evolving payments market.
by Kylene Casanova
EBA Clearing, a bank-owned provider of pan-European payment infrastructure, has published requirements for pan-European instant payments for corporates.
by Kylene Casanova
Six European ACHs have formed the European Clearing Cooperative to provide centralised payments processing services in the Eurozone.
by Kylene Casanova
The EPC clarifies its position on two key aspects of PSD2: the ‘no–questions-asked’ refund right for direct debits and customer authentication.
by Kylene Casanova
The EPC has called for suggestions as part of its review process to the existing SEPA rulebooks.
by Kylene Casanova
A poll on the EPC website is asking people to vote on what will trigger the next of innovation in the European payments market.
by Kylene Casanova
How should creditors and debtors use electronic mandate solutions under the SEPA Direct Debit Schemes?
by Kylene Casanova
The European Payment Council's (EPC) quarterly newsletter (issue 26) addresses the trends that the EPC expects will shape the future of payments in Europe and around the world.
by Kylene Casanova
Will take effect in 22 November 2015. Download copy of SCT and SDD rulebooks here
by Kylene Casanova
SEPA 2.0 is on the way: new deadline dates, new SEPA rulebooks coming in November 2014, and list of regulation in the pipeline
by Kylene Casanova
Countries still not 100% compliant: SCT - 9, and SDD - 12. And 20% of card payments not EMV
