73 results
Insight

05 December 16

The EPC publishes updated SCT and SDD rulebooks

You may remember that earlier this year, as part of the regular change management cycle of the EPC SEPA scheme rulebooks, a public consultation on the three existing schemes (SEPA Credit Transfer – SCT - SEPA Direct Debit Core - SDD Core - and SEPA Direct Debit Business to Business – SDD B2B) was organised. Throughout...

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Insight

30 September 09

Update EPC Plenary Meetings

Confirmation of November 2009 as the launch date for the SEPA Direct Debit Schemes The Plenary resolved to mandate the EPC Scheme Management Committee to start its task of approving the required SDD adherence agreements for the two SEPA Direct Debit Schemes by 1 May 2009 so as to enable banks to...

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Insight

31 May 16

The season of the EPC scheme rulebook consultations will start in April!

All stakeholders will soon have the opportunity to have their say in the evolution of the three existing European Payments Council (EPC) SEPA scheme rulebooks (i.e. the technical and business rules governing the schemes). From 5 April to 4 July 2016, the SEPA Credit Transfer (SCT) scheme, the SEPA Direct...

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News

25 February 16

Publication of the EPC Newsletter in a Revamped Format!

The March 2016 issue of the EPC newsletter is now online. In a brand new format (simpler and more dynamic), this issue includes articles about, among other topics: Blockchain. The EPC gathered experts from all sides of the payment industry to discuss whether blockchain is a short-lived illusion...

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Insight

30 October 09

Refunds and Returns revisited

The no-questions-asked refund right under the SEPA Core Direct Debit Scheme Question: The SDD Core Rulebook requires a no-questions-asked refund to be paid to a debtor (payer) within the 8-week period following a direct debit collection. However, articles 62-63 of the PSD mandate a refund right...

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News

26 April 16

Latest News Regarding Stakeholders’ Involvement

The EPC publishes the agenda and minutes of the latest meetings of its two stakeholder groups, i.e. the Scheme End-User Forum (SEUF), gathering representatives of the demand side of the payment market, and the EPC Scheme Technical Forum (ESTF), made up of representatives of technical players. These...

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Insight

06 December 16

Get ready for the first SCT Inst transactions!

The SCT Inst scheme: a world-premiere in a region as large as SEPA Around the world, ‘instant’, ‘real-time’, and ‘faster’ payments are among the hottest payment topics. Many countries, including some in Europe, have already successfully launched instant payment solutions. However, currently these...

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Insight

30 September 09

Rock the Vote

The SEPA scheme change management process: open, transparent and inclusive Driving forward innovation in payments the EPC encourages all players acting in the payments market to actively contribute to the evolution of the SEPA schemes. The change management process governing the development of the...

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Insight

02 December 16

Payment solutions in innovative Estonia

The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. Estonia has gained recognition as a hub for e-services and start-ups. A small country, with a preference for bank cards and online banking, which is following its own...

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Insight

06 September 16

What are the options for banks to prepare for their future?

The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. Disruption, innovation, Uberisation, disintermediation, Fintechisation, regulation… all of these words are nowadays perceived as challenges for the retail banking business....

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Insight

09 June 16

What will real-time gross settlement services be like in the future?

The views expressed in this article are solely those of the authors and should not be attributed to the European Payments Council. The Eurosystem operates two systems that form the backbone of the financial market infrastructure in Europe – TARGET (the real-time gross settlement (RTGS) system for...

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Insight

30 October 09

Ready or not...

Update on PSD transposition Whilst, as stated above, up to 14 Member States might miss the 1 November 2009 deadline to transpose the provisions of the PSD into national law, the majority of these countries remain ambitious to complete transposition by the end of 2009 or early 2010 the latest. Sweden...

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