SEPA

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What’s new in the new retail payments strategy for the EU?

09 Nov 20 @ 17:18

The Single Euro Payments Area (SEPA) initiative has been a key enabler for the integration of the retail payments market in the European Union: the development of Credit Transfer (SCT) and Direct... read more

Europe is building EPI – an alternative to Visa and Mastercard – might it work?

28 Sep 20 @ 14:31

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

The European Payments Initiative: Building partnerships or raising red flags?

23 Sep 20 @ 12:43

In July the European Central Bank welcomed the decision brought forward by 16 European banks to launch The European Payments Initiative, a pan-European payment scheme. Although the solution aims to... read more

EBA CLEARING RT1 reaches critical mass and R2P pilot goes live

30 Jun 20 @ 10:23

EBA CLEARING says that its RT1 platform has made considerable progress in building up pan-European instant payment reach across the French retail payments market: the system extends pan-European reach through... read more

Digital payments companies launch new EU trade body: EDPIA

11 May 20 @ 16:03

Ingenico Group, Nets Group, Nexi, and Worldline have announced the launch of an EU advocacy alliance bringing together Europe’s independent payment services providers. The “European Digital Payments Industry Alliance” (EDPIA)’s... read more

Instant Payment Card: Initiating a SEPA Credit Transfer at the POS

04 May 20 @ 14:51

Smart Payment Association (SPA), the global trade body of the smart payments industry, has published proposals for an Instant Payment Card that would extend SEPA instant Credit Transfer functionality to... read more

OpenPayd enhances SEPA payment capabilities

15 Apr 20 @ 10:54

OpenPayd, an API-first Banking-as-a-Service provider, has announced it has enhanced its payments capabilities with direct access to the SEPA payment scheme (Single Euro Payments Area). The new integration will see... read more

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Visa targets dispute costs with new AI tools for merchants and banks

02 Apr 26 @ 18:44

Visa is stepping up its effort to modernise one of the most cumbersome parts of the payments chain, launching a suite of artificial intelligence-powered dispute... more

Swift moves from concept to execution with Blockchain

02 Apr 26 @ 18:44

Swift is moving its blockchain-based shared ledger from design theory into practical deployment, marking a notable moment in the evolution of institutional cros... more

Visa launches Intelligence Commerce Connect tool

14 Apr 26 @ 20:03

Visa is stepping up its push into agentic commerce with the launch of Intelligent Commerce Connect, a new tool intended to help businesses plug into AI-driven s... more