Showing results for 'European Payments Initiative' in Articles
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The European Payments Initiative makes two big strategic acquisitions

25 Apr 23 @ 14:09

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

European Payments Initiative hits troubles as majority of Banks leave

22 Mar 22 @ 09:37

In late December troubling reports emerged surrounding the European Payments Initiative (EPI) as some European lenders were holding off their plans to join the project. EPI Interim Company, tasked with... read more

European Payments Initiative appeals for public funding to stay on track

17 Nov 21 @ 12:28

The planned European Payments Initiative a pan-European payments network backed by 22 banks which aims to set up as serious competition to Mastercard and Visa has launched an official appealed... 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

Major Eurozone banks begin implementation of the European Payments Initiative (EPI)

02 Jul 20 @ 14:23

A group of 16 major European banks from five countries (Belgium, France, Germany, the Netherlands and Spain) paved the way for the future launch of the European Payments Initiative (EPI). ... read more

Five Belgian banks join EPI to boost Wero

07 Jul 25 @ 15:55

The European Payments Initiative (EPI) has strengthened its foothold in Belgium with the addition of five major banks set to deploy its Wero digital wallet. Argenta, Bank Van Breda, Beobank,... read more

EPI announce the first successful Wero e-commerce transaction

07 Jan 25 @ 12:57

The European Payments Initiative (EPI) has achieved a significant milestone with the successful completion of its first end-to-end e-commerce payment transaction using its Wero solution. This proof of concept (POC)... read more

Wero gains momentum – launches in Belgium

25 Nov 24 @ 18:32

The European Payments Initiative (EPI) has officially launched Wero, a mobile wallet and instant account-to-account payment solution, in Belgium. Following successful rollouts in Germany and France earlier this year, Wero... read more

From Eurocard to Wero wallet: leveraging early initiatives as drivers for success

20 Nov 24 @ 10:32

In the world of European payments, any new development is never that far from what has gone before. Ground breaking technology inspires new working methodologies. Visionary leaders effect unique market... read more

EPI launches wero digital payment wallet in Germany

04 Jul 24 @ 12:27

The European Payments Initiative (EPI) has launched its digital payment solution, wero, in Germany. This launch marks a significant milestone for the EPI, which aims to create a unified and... read more

German banks pull the plug on Paydirekt/Giropay

12 Jun 24 @ 09:34

Reports coming out of Germany suggest that the German banks have lost patience with Giropay and its holding company Paydirekt GmbH. If the shareholders of Giropay are currently voting on... read more

Can EPI unite Europe’s instant payments ecosystem

10 Jan 24 @ 17:03

After much stuttering and starting it seems like the European Payments initiative – EPI – is starting to get its act in gear. In July 2020 the European Central Bank... read more

EPI successfully completes acquisition of iDEAL and Payconiq

02 Nov 23 @ 10:51

The European Payments Initiative (EPI) has announced the successful closure of the acquisition of the Dutch payment solution iDEAL and the Luxembourg technology provider Payconiq International as announced earlier this... read more

Europe’s EPI: EPIc fail in the making?

14 Feb 23 @ 18:56

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

The reason Europe’s banks want EPI to end US dominance in payments

11 Jun 21 @ 15:03

The last time the 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,... read more

Nets and Worldline join EPI as first 3rd party acquirer as deployment gathers pace

25 Nov 20 @ 13:08

The European Payments Initiative (EPI) has entered its next phase and has announced Worldline and Nets as shareholders of the EPI Interim Company, as the first third-party acquirers to join... read more

EuroCommerce and ECPA respond to EU retail payments strategy

12 Oct 20 @ 09:39

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

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

Wero’s Dutch test will show whether European payments sovereignty can outweigh local success

12 Apr 26 @ 20:57

Wero’s planned absorption of iDEAL is shaping up to be one of the most consequential payments transitions in Europe. On paper, the rationale is compelling. The European Payments Initiative wants... read more

Mastercard makes its case in Europe’s payment sovereignty

12 Mar 26 @ 18:18

Mastercard has moved to defend its position in Europe as the political and regulatory debate over payments sovereignty gathers pace. For more than a year, European policymakers, central bankers and... read more

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Visa tests the foundations of agentic payments in Europe

17 Mar 26 @ 15:03

Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more

Visa and Fiserv partnership extends API-led acceptance platform

22 Mar 26 @ 18:30

Visa and Fiserv are extending their long-running partnership in Europe with a new API-driven acceptance offering designed to simplify merchant acquiring and mod... more

Mastercard makes a decisive stablecoin move with BVNK acquisition

17 Mar 26 @ 15:04

Mastercard has agreed to acquire stablecoin infrastructure specialist BVNK in a deal worth up to $1.8 billion, marking one of the clearest signals yet that majo... more