06 Jun 23 @ 12:42

The European Payments Initiative (EPI) is in the news for three reasons: first launch of a pilot phase offer, a double acquisition and the addition of four new shareholders. At... read more

29 Dec 22 @ 04:17

The European Payments Initiative (EPI), launched to some fanfare in 2020, was supposed to offer a payments solution “catering and corresponding to European needs.” But as the EPI’s scope changes... read more

19 Sep 22 @ 11:08

A new multi-country consortium of Europe’s most trusted identity experts has announced its proposal to deliver a large-scale, cross-border payments pilot strongly aligned with the aims of the European Commission’s... read more

25 Mar 22 @ 11:02

Deutsche Bank was the first to go of the big European banks, officially announcing it will shut down business in Russia due to the ongoing invasion of Ukraine. Now, BNP... read more

10 Mar 22 @ 15:35

One of Italy’s major banks, UniCredit, has issued a stark warning that it may have to face losses of about €7 billion in an “extreme scenario” whereby its entire Russian... read more

03 Feb 22 @ 16:11

Increasingly blurred boundaries mean that practically anyone can declare themselves a payment provider, using banking-as-a-service to embed payments. Customers can filter this choice through a lens of preference and habit. For firms, complexity... read more

20 Sep 21 @ 16:56

Another day, another headline telling us account-to-account and “faster” or instant payments are taking over across Europe. In March this year, Swedish account-to-account specialist Trustly said its payments volumes were... read more

24 Aug 21 @ 09:05

Another day, another headline telling us account-to-account and instant, or “faster” payments are taking over across Europe. In March this year, Swedish account-to-account specialist Trustly said its payments volumes were... read more

24 Aug 21 @ 08:48

The last time banks and infrastructure providers in the European payments market tried to build a payments network capable of taking on the US companies that dominate the sector, they... read more

16 Jul 21 @ 10:36

It’s been four years since UK regulators fired the starting gun on Open Banking, followed closely by the EU and 36 other markets world-wide. As a major new study into... read more

09 Jun 21 @ 04:24

It’s been four years since UK regulators fired the starting gun on Open Banking, followed closely by the EU and 36 other markets world-wide. As a major new study into... read more

02 Jun 21 @ 11:23

As the race for digital ID supremacy hots up, the EU is set to unveil detailed plans for a bloc-wide digital wallet following requests from member states to find a... read more

21 May 21 @ 11:06

The ECB has taken aim at major EU banks for the prices they are setting for Instant Payments. In a speech given by Fabio Panetta, Member of the Executive Board... read more

23 Dec 20 @ 11:14

In a recent statement, EuroCommerce – the European retailers’ association – has welcomed the EU’s retail payments strategy (RPS) and plans for European banks to collaborate in a European Payments... read more

23 Dec 20 @ 11:13

Last year the European Central Bank said that it welcomed the European Payments Initiative (EPI), an initiative by some of Europe’s top banks to explore the development of a “rival... read more

03 Nov 20 @ 16:36

In an earlier review of the Global Payments 2020 PCM looked at the impact of COVID-19, modelling three scenarios for payments revenue growth estimates. In the next two posts PCM... read more

25 Sep 20 @ 12:40

The European Commission has adopted a new Digital Finance Package, including Digital Finance and Retail Payments Strategies, and legislative proposals on crypto-assets and digital resilience. The package aims to boost... read more

18 Aug 20 @ 12:08

Major venture capital firms have invested heavily in new FinTech solutions that promise faster, cheaper international transaction clearing and settlement. But significant challenges remain before faster payments go global. PCM... read more