184 results
News

17 October 16

31 October 2016 Marks the Final Migration to SEPA for Non-Euro Countries

31 October 2016 is the last major milestone of the migration to the Single Euro Payments Area (SEPA). From now on, when a person (or business, corporate, government…) located in a SEPA country not using the euro as its currency will send a euro credit transfer or direct debit to another account located...

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News

13 October 16

Minutes of the Latest Meetings of the EPC Stakeholders Fora

In line with its commitment to stakeholders’ involvement and transparency, the EPC publishes the agenda and minutes of the third meeting of its two stakeholders’ Fora, i.e. the EPC Scheme End-User Forum (SEUF), and the EPC Scheme Technical Forum (ESTF), which took place in late August 2016. Both established...

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News

13 September 16

The EPC Welcomes the Creation of the European Cards Stakeholders Group

The EPC, as one of the founding members of the European Cards Stakeholders Group (ECSG), is glad to announce the creation of this multi-stakeholder association dedicated to the promotion of card harmonisation in the Single Euro Payments Area (SEPA). Built on the foundations of the Cards Stakeholders...

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Insight

06 September 16

The European Banking Authority launches public consultation on PSD2

The European Banking Authority (EBA) has been mandated to develop under the revised Payment Services Directive (PSD2) five sets of Regulatory Technical Standards (RTS), five sets of Guidelines and one set of Implementing Technical Standards. On 12 August 2016 the EBA launched a new consultation...

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Insight

06 September 16

What are the options for banks to prepare for their future?

The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. Disruption, innovation, Uberisation, disintermediation, Fintechisation, regulation… all of these words are nowadays perceived as challenges for the retail banking business....

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Insight

06 September 16

The Dutch payment landscape: One of the most cashless in Europe

- The Dutch banking community is planning to deliver an instant payments infrastructure by May 2019. Can you tell us more about this project, its main features and the volume target by 2020? How does it relate to the EPC SEPA Instant Credit Transfer (SCT Inst) scheme, scheduled to enter into effect in...

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Insight

05 September 16

Fourth Money Laundering Directive and revised Wire Transfer Regulation

Background MLD4 replaces the Third Money Laundering Directive (MLD3) and places greater focus on the use by firms of a risk-based approach in relation to AML and CTF. The amendments to the current regime are not extensive, and the European Commission has said it does not expect firms to be "unduly...

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News

02 September 16

The September Newsletter is Available!

The September 2016 EPC newsletter is now online. This new edition focuses on the latest payment trends in Europe and beyond and provides updates on the European regulatory agenda. The newsletter welcomes external contributions from: Fabrice Denèle, from BPCE Group, about...

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News

02 August 16

Results of the EPC Poll on the Impact of Blockchain on Payments

During several weeks earlier this summer, the EPC organised a poll on blockchain and its potential impact on payments. The ongoing debate about this topic is indeed hard to miss, and the EPC was curious to know what professionals working in the payments industry truly think when it comes to blockchain. The...

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Insight

29 June 16

Ensuring successful SCT Inst development: A CSM’s perspective

Interview with Michael Steinbach, CEO of Equens With the public consultation on the EPC’s SEPA Instant Credit Transfer (SCT Inst) scheme closing on 10 July 2016, payment professionals are already in the process of defining the pan-European instant payment solutions they...

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Insight

09 June 16

What will real-time gross settlement services be like in the future?

The views expressed in this article are solely those of the authors and should not be attributed to the European Payments Council. The Eurosystem operates two systems that form the backbone of the financial market infrastructure in Europe – TARGET (the real-time gross settlement (RTGS) system for...

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Insight

07 June 16

Is the market ready for the Card Interchange Fee Regulation?

On 8 June and 9 December 2015, respectively, Regulation from the European Parliament and the Council of 29 April 2015, entitled the Interchange Fee Regulation (IFR or Regulation (EU) 2015/751), partially came into effect, ensuring a cap on interchange rates for consumer cards across the EU. On 9 June...

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Insight

07 June 16

The latest payment reports that you need to read

The views expressed in the below reports are solely those of the authors and should therefore not be attributed to the European Payments Council. The internet is a mine of information, especially if you are searching for the latest trends in payments, and as a result it is easy to get lost in the...

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Insight

07 June 16

Mobile biometrics has finally come of age

The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. Twenty years is a long time for any technology to be ‘nearly there’. Yet over this time the promise of biometrics - to use an individual’s physical or behavioural characteristics...

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Insight

07 June 16

What does the future hold for US domestic payments?

The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. It has been many years since significant changes have come to the US Dollar (USD) domestic payments space. In fact, it has remained relatively unchanged, at least in...

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Insight

06 June 16

Shape the future of instant payments in Europe!

The public consultation on the SEPA Instant Credit Transfer (SCT Inst) scheme is currently running and will end on 10 July 2016. This scheme will be a turning point for making pan-European instant credit transfers in euro a reality. Once this scheme enters into effect, in November 2017, Payment...

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