26 March 24
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council.The building blocks of an open, pan-European payment method are in place: SEPA Instant Credit Transfers (SCT Inst) and open banking to turn them into a payment method. The
07 October 20
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. The European Central Bank’s (ECB) Governing Council, in line with the European Commission’s (EC) objectives, has taken an important move towards the full reach of inst
09 September 20
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. In early July a group of major European banks announced the launch of the European Payments Initiative (EPI) with the aim of creating a unified payment solution for co
26 March 24
Today, the European Payments Council (EPC) launched a public ‘call for interest’ to identify European Application Programming Interface (API) standardisation initiatives that already developed or intend to develop API specifications compliant with the SEPA Payment Account Access (SPAA) scheme rulebo
03 February 22
At its 24 November 2021 meeting, the EPC Board accepted the Euro Retail Payments Board’s (ERPB) invitation to act as Scheme Manager for a new Single Euro Payments Area (SEPA) Payment Account Access (SPAA) scheme. To develop the scheme, the EPC Board established the SPAA Multi-Stakeholder Gr
13 February 20
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. Bizum is a payment service launched by Spanish banks in 2016 to allow users to conduct Person-to-Person (P2P) payments through a smartphone. We interviewed Fernando Ro
20 February 24
The European Payments Council (EPC) will be launching a request for proposal (RFP) for selecting a technology service provider in charge of developing and operating an EPC Directory Service (EDS). The EDS service provider was formerly known as Operating Scheme Manager (OSM) and the forthcoming RFP f
30 August 21
The SEPA Payment Account Access Multi-Stakeholder Group (SPAA MSG) is expected to be established by the EPC following an invitation from the ERPB at its 28 June 2021 meeting for the EPC to take up the role of manager of a pan-European scheme in relation to access to payment accounts , in line with t
