13 March 24
Yearly update of the “Guidelines on cryptographic algorithms usage and key management”
The European Payments Council (EPC) published today a new version of the document called “Guidelines on cryptographic algorithms usage and key management”. Its purpose is to offer guidance to the European payment industry concerning cryptographic algorithms and related key management issues.This new
30 January 24
The euro cash cycle: how does it work and what is its environmental impact?
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council nor the associations or its members he represents. Cash is the most frequently used form of payment by Europeans at the point of sale. For this reason, an adequate cash
16 December 22
Public consultation on the extension of SCA related sections in version 1.0 of the SPAA scheme rulebook
Today the European Payments Council (EPC) is launching a public consultation on the extension of sections in version 1.0 of the SEPA Payment Account Access (SPAA) scheme rulebook about the usage of Strong Customer Authentication (SCA). The consultation will run for a 90-calendar day period from 16 D
26 June 23
Publication of the updated SPAA scheme rulebook
Today the European Payments Council (EPC) publishes the updated version (1.1) of the SEPA Payment Account Access (SPAA) scheme rulebook, which replaces with immediate effect version 1.0 (published in November 2022). Version 1.1 of the rulebook will come into effect on 30 November 2023. The main c
15 July 21
Around the web – a compilation of some interesting reports about payments published last quarter
The views expressed in the below reports are solely those of the authors and should not be attributed to the European Payments Council. During the second quarter of 2021, we gathered a list of recent and free reports that are highlighting the future of payments, open banking and other interesting
23 January 20
Around the web – a compilation of some interesting reports about payments published last quarter
The views expressed in the below reports are solely those of the authors and should not be attributed to the European Payments Council. During the last quarter of 2019, we gathered a list of interesting and free reports that focus on different payments’ topics. Check out the list below and downlo
22 December 22
Overview of the 2022 public consultation comments on the draft SPAA Scheme Rulebook
Today the European Payments Council (EPC) publishes the overview document which includes the public consultation comments on the draft SPAA scheme rulebook as well as the related responses from the Single Euro Payments Area (SEPA) Payment Account Access Multi-Stakeholder Group (SPAA MSG). This pu
09 March 20
New version of the guidelines on cryptographic algorithms usage and key management
Today the EPC published a new version of the guidelines on cryptographic algorithms usage and key management in order to provide guidance to the European payments industry, more precisely to security officers, risk managers, system engineers and systems designers. Although its content does not a
28 February 22
Empowering European account-based payments with standardised QR-codes
The world is going contactless. As smartphones spread and our economy goes digital, uptake of contactless payments has accelerated – including account-based mobile payments made using Quick-Response codes, or QR-codes for short. On 16 February 2022, we launched an eight-week public consultation on a
04 November 20
Country profile: cashless Iceland
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. Did you know that bank cards are ubiquitous in Iceland and that local banks are all involved in projects to increase public awareness on the importance of financial li
08 September 22
Standardising European QR-code payments
The views expressed in this article are solely those of the authors and should not be attributed to the European Payments Council. In June this year, the European Payments Council (EPC) published the final version of the Standardisation of Quick-Response (QR) codes for mobile initiated SEPA (inst
15 July 22
European Digital Identity
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. The European Commission (EC) is now working on electronic identification (eID) and its further harmonisation across Europe as secure eID should be an essential feature
25 March 21
The PCI Security Standards maintaining payment security
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. The Payment Card Industry Security Standards Council (PCI SSC) is a global organisation that maintains, evolves and promotes PCI standards for the safety of cardholder
01 December 23
The Finnish payment landscape: a digitalised society with one of the most developed payments ecosystem in the world
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. Finland is a European frontrunner in payment digitalisation, with e-invoicing particularly commonplace in the country – a likely trend anticipated to happen in the res
09 January 20
TPPs: latest views on PSD2 implementation
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. We continue our series of interviews presenting the opinions of various stakeholders on the implementation of the revised Payment Services Directive (PSD2) with the in
SEPA Direct Debit Core E-Mandate Service Implementation Guidelines 2023 version 1.1
SEPA Direct Debit Business-to-Business E-Mandate Service Implementation Guidelines 2023 version 1.1
24 February 20
PSD2 implementation: viewpoint of BEUC, the European Consumer Organisation
Disclaimer: The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. This interview belongs to a series representing the views of various stakeholders on the implementation of the revised Payment Services Directive (PSD