31 October 23
Instant payments in Romania: the engine for development in 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. The payments sector in Romania has been very dynamic in recent years. Since its launch in 2019, the Romanian domestic instant payment system has seen a sharp rise in u
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
07 December 23
Yearly update of the “Payment Threats and Fraud Trends Report”
Today the European Payments Council (EPC) publishes the yearly update of the “Payment Threats and Fraud Trends Report”. This report contributes to creating awareness on payment threats and fraud trends, and to help payment stakeholders decide on possible actions to prevent fraud. It provides a focu
18 July 23
The Croatian payment landscape
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. Croatia became the 20th EU Member State to join the euro on 1 January this year. Since the end of June, the SEPA Instant Credit Transfer (SCT Inst) scheme has been in
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
27 January 23
How Lithuania’s payment landscape is changing
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 European payment landscapes with a profile of Lithuania. Lithuania’s payment service provider (PSP) community was among the first to adhere t
28 July 23
Payments in wartime: the story of the National Bank of Ukraine
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. Russia invaded Ukraine on 24 February 2022. Ever since, martial law has made ensuring the country’s economic and financial stability a challenge for the National Bank
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
22 March 23
Integrating a more sustainable mindset to payments
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 focusing on sustainability in the payments industry with the contribution of Stephen King, Vice President, Sustainability Solution
23 February 23
How the Dutch became the frontrunners in payment transformation
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. The Netherlands has a fascinating and ever-changing payment landscape where card payments are increasing each year and are preferred over cash payments. We wanted to k
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
20 January 23
The transformation of the UK payments landscape
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 European payment landscapes with the profile of the United Kingdom (UK), and we interviewed Jana Mackintosh, Managing Director for Payments a
22 June 23
The role of payments in driving positive climate action
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 focusing on sustainability in the payments industry with the contribution of Valerie Nowak, the Chief Product and Innovation Offic
30 March 23
State of play, challenges, perspectives for European payments - Interview with Etienne Goosse
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. The European payment landscape is going through a considerable transformation due to technological developments, entry by new actors and regulatory changes. We intervi
28 February 23
Green payments: sustainability by design for a more viable future
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. Currently, more and more companies talk about sustainability and are starting to take action to change their products to become more environmentally friendly and creat
14 December 23
Results of the EPC poll on the adoption of cross-border payments solutions
Over the past two months, the European Payments Council (EPC) invited payments industry professionals to answer the following question: “In your opinion, which type of approach in international cross-border payments will see the largest growth in adoption over the coming 10 years". The resu
09 October 23
Around the web - a compilation of interesting reports about payments
The views expressed in the below reports are solely those of the authors and should not be attributed to the European Payments Council. Staying up to date with the latest news and trends in the industry? We’ve put together a list of free recently published payment-related reports from differen
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
31 May 23
A pathway to improve the security of card payment systems
The views expressed in this article are solely those of the author and should not be attributed to the European Payments Council. The Smart Payment Association (SPA) is the trade body of the cards and mobile payments industry and addresses the challenges of a fast-evolving payment ecosystem, prom
29 November 23
Call for participants in the SEPA Payment Account Access (SPAA) Scheme Interest Group
The EPC is launching today a call for (additional) participants in the SEPA Payment Account access (SPAA) Scheme Interest Group, which was set up at the end of 2021 to ensure maximum stakeholder involvement and contribution - in addition to the creation of the SPAA Multi-Stakeholder Groups (MSG) in