7 results
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

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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