News

13 March 18

The European Commission's final RTS are in the Official Journal

More than two years after the European Banking Authority (EBA) started to work on their principles and following the publication by the European Commission of a final version in November 2017, the Regulatory Technical Standards (RTS) on strong customer authentication (SCA) and secure open standards of...

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News

24 January 18

Happy tenth anniversary to SEPA!

Just ten years ago, the EPC launched the very first Single Euro Payments Area (SEPA) payment scheme, for credit transfers. All national euro credit transfer schemes of the SEPA countries had to be progressively replaced by the pan-European SCT in order to harmonise credit transfer rules in Europe.  This...

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News

05 December 17

A summary of the November ERPB meeting

The Euro Retail Payments Board (ERPB – a high-level body chaired by the European Central Bank and gathering the supply and demand sides of European retail payments) held its latest meeting on 29 November. Several of the hottest payment topics of the moment were discussed at this meeting. The EPC...

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News

21 November 17

Instant credit transfers are now a reality in eight European countries

The SEPA Instant Credit Transfer (SCT Inst) scheme created by the European Payments Council is operational. As of today, nearly 600 payment service providers (PSPs) from eight European countries are offering instant payment solutions based on SCT Inst.  Transferring money in less than ten seconds The...

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