EPCRSS

Infographics: PSD2 explained

Infographics PSD2

This nifty infographics, created by the European Payments Council (EPC), explains all you need to know about PSD2, from what it will change and its key components (such as APIs) to who the new players are.

European Payments Council launches SEPA Instant Credit Transfer scheme

European Commission

The European Payments Council (EPC) has unveiled its Single Euro Payments Area (SEPA) Instant Credit Transfer (SCT Inst) scheme. European payment service providers (PSPs) now have one year to get ready to process the first SCT Inst transactions in November 2017. Javier Santamaría, chair of the EPC, says the launch is a “new era in […]

SCT Inst scheme: instant payments Europe-wide – have your say!

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Flexibility and transparency are key to the first pan-European instant payments scheme, states Javier Santamaria, chairman of the European Payments Council (EPC). Currently, instant payments in Europe operate only within the borders of individual countries or among customers of the same payment service providers (PSPs). To move away from this fragmentation, the EPC was invited […]

Top fintech stories this week – 15 April 2016

video banking

Catch up on Banking Technology’s top five fintech stories of the week – all in one place! EPC launches public consultation on SEPA instant payments scheme You’ve got until 10th July to submit your views. What do corporates want from their banks? Simplicity, standardisaion and automation. New core banking system selection in the Netherlands Amsterdam Trade […]

US and Europe set for real-time payments by end of 2017

aramanda-yates

The US and eurozone countries both look set to have live real-time payment infrastructures by the end of 2017, both using the ISO 20022 for real-time messaging standard.

Harmonisation of ISO 20022 is crucial – but who should be in charge?

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It seems not a day goes by without seeing those three little letters and five numbers – ISO 20022 – appearing in headlines or articles. But hang on a minute, what’s all the commotion about? It’s just another message format that I need to make sure my systems can handle, right?

European Payments Council unveils SEPA rulebooks for 2015

Sepa

The European Payments Council has set out new requirements under the Single Euro Payment Area Credit Transfer and Direct Debit schemes, including changes to the time cycle, business to business rulebooks and the process for SDD collection, following SEPA implementation in August.

Payments: the final push

Sepa

For those involved in European payments, the final months of this year are likely to be characterised by a frenzy of activity as the deadline for migration to single euro payments area instruments looms.

@banking
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