28 September 23
Exploring FIDA: revised rules on financial data sharing access
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council or the European Commission. In June 2023 the European Commission put forward a proposal for a Regulation to further digitalise and improve competitiveness in the Europe
18 September 23
What do the PSD3 and PSR mean for the payments sector?
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council or the European Commission. On June 28, 2023, the European Commission (EC) published a set of new legislative proposals, notably for a Third Payment Services Directive
28 November 23
The EPC One-Leg Out Instant Credit Transfer (OCT Inst) payment scheme goes live
Brussels, 28 November 2023 - As of today 08h00 CET, the new payment scheme of the European Payments Council (EPC) designed for international instant credit transfers is ready for use. The launch of the OCT Inst scheme marks a significant development for the EPC as it is the EPC’s first venture outsi
24 November 23
Publication of the SEPA Payment Account Access (SPAA) scheme’s default remuneration model
The European Payments Council (EPC) has published the business conditions for the SEPA Payment Account Access (SPAA) scheme, marking a significant step forward in the development of open banking in Europe. The SPAA scheme builds on the investments done in the context of the revised Payment
25 May 23
One-Leg Out Instant Credit Transfer scheme – enabling faster payments between SEPA and the rest of the globe
On 28 March 2023, the European Payment Council (EPC) published the first version of its One-Leg Out (OLO) Instant Credit Transfer (OCT Inst) scheme rulebook. This new scheme allows payment service providers (PSPs) to handle the Euro Leg of an international cross-border and/or cross currency (instant
20 April 23
New EPC Director General Giorgio Andreoli outlines his vision and the challenges ahead
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. Giorgio Andreoli took up the post of Director General of the European Payments Council (EPC) on 1 April 2023. We interviewed him to shed light on his first impressions