31 results
Insight

28 July 15

Who Does What In Payment Standards?

A Single Euro Payments Area (SEPA) Scheme is a set of rules, practices and (crucially) standards to achieve interoperability for the provision and operation of a SEPA payment instrument agreed at interbank level. It is no secret that standards play an important role in the SEPA payments schemes...

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Insight

28 July 15

Euro Retail Payments Board Meets for a Third Time

On 19 December 2013, the European Central Bank (ECB) announced the launch of the Euro Retail Payments Board (ERPB), to help foster “the development of an integrated, innovative and competitive market for retail payments in euro in the EU”. The ERPB’s work consists mainly of identifying strategic issues...

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Insight

18 June 15

PSD2: Almost final – a state of play

The European Commission (the Commission), which has the right of initiative to propose laws, published its proposal for the revised PSD2 on 24 July 2013 (the formal title of this proposed legislative act is “Proposal for a Directive of the European Parliament and the Council [of the EU] on payment services...

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Insight

29 October 12

SEPA Migration: Facts, Figures and Best Practice

European Union Regulation sets deadline for migration to the Single Euro Payments Area On 30 March 2012, the 'Regulation (EU) No 260/2012 establishing technical and business requirements for credit transfers and direct debits in euro and amending Regulation (EC) No 924/2009', was published in the...

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Insight

22 October 12

New EPC Publications available

Making SEPA a Reality - the definitive Guide to the Single Euro Payments Area The introduction of the Single Euro Payments Area is the most ambitious project ever undertaken in European payments history. In practice, this means that an entirely new framework of EU-wide applicable payment schemes...

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Insight

05 July 12

Update EPC Plenary Meetings

EPC response to the Commission services' considerations for a binding Community instrument regarding compliance of euro payment schemes with so-called "essential requirements" and common standards The Plenary debated a Working Paper introduced by the Commission services in June 2010 (see link below)...

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