EBAday

EBAday is the annual event for European payments professionals organised by Finextra and the Euro Banking Association. This community has been created to deliver a forum for EBA delegates to exchange views on instant payments, open banking and new developments in payments processing and technology.

Gary Wright Analyst at BISS Research

Call to arms for Basel III

Basel III appeared like a dark cloud over sunny Madrid at this excellent EBA Day event. There is plenty of detail that has yet to emerge so discussions and debate is somewhat premature however there was a loud call to arms by the panel of experts. The issue of intra-day liquidity for banks is key and we have seen over the last few years during the ...

16 June 2011 /payments

Matt White North America editor at Finextra

EBAday: a single migration end-date for Sepa?

For the first time in a long time Sepa hasn't really dominated EBAday. Finally, it seems, we're nearly there on migration end-dates and can start concentrating on other matters. The EC's Michael Thom told delegates at the migration session that the commission is now ready to get down to negotiations with the European Parliament and an agreement sho...

16 June 2011 /payments /wholesale

Craig Ramsey Head of Real-Time Payments at ACI Worldwide

Reaching true differentiation

A broad range of activities - and not just cost cutting - must be adopted if a financial institution's market share is to be maintained and managed, and are imperative if market share is to grow. Consider a scenario in which every organization provides the same processing to ensure regulatory compliance. In this situation, there is little a custome...

16 June 2011 /payments /wholesale

Retired Member 

mybank

The session where EBA Clearing explained the launch of 'mybank' its new online payments facility, targeted for go live in 2012, was interesting. The concept being that when you click 'pay' it takes you to your online banking portal allowing you to login in the usual way. So no need to remember additional usernames and passwords or give your account...

15 June 2011 /payments

Matt White North America editor at Finextra

EBAday: online payments - it's all about mobile

Unsurprisingly, EBA Clearing's just-announced plans for a pan-European e-payments service - dubbed mybank - took up a fair chunk of EBAday's ‘innovation in online payments and e-services' session. There was just a hint of choreography in Thuiswinkel.org's Wijnand Jongen declaring that his industry is desperate for a bank-backed cross-border payment...

15 June 2011 /payments

Gary Wright Analyst at BISS Research

RBS star steals the show

Brian Stevenson, Chairman of Global Transaction Services at RBS gave the best presentation of the day at EBA Day. He clearly described the many challenges facing banks in the world today within an economic and global trade shift and everything from political intervention in markets to the risks of fraud and cyber crime. This was a joy to listen to...

15 June 2011 /payments

Gary Wright Analyst at BISS Research

Hot lady lights up e-invoicing

Now e-invoicing is not really a name on anyones lips but at EBA Day we heard that perhaps it should be. The session was not vastly populated but us hardy soul were perked up by the hot lady from Swed Bank livened everything up by demonstrating how her Bank have been providing e-invoicing since the mid nineties. It's now a big revenue earner and pr...

15 June 2011 /payments

Retired Member 

Are EMI and PIs stealing the show?

Part of the first session at EBA Day focused on the new entrants to the market, E-Money Institutions (EMI) and Payment Institutions (PI), facilitated by the introduction of the EU Payment Services Directive (PSD) and E-Money Directive. With both directives encouraging competition and opening up the markets to new entrants it is not surprising to le...

15 June 2011 /payments

Gary Wright Analyst at BISS Research

Banks are just protecting not innovating

It's really strange to hear so much about competition at EBA Day from organisations that appear scared. SEPA is as much a process of change as it is about change. Banks for years have been expert in slowing down anything that threatens their bottom line and in SEPA they have been active in a non active way in slowing down volume to protect their b...

15 June 2011 /payments

Matt White North America editor at Finextra

EBADay: political will and Sepa

It was encouraging to hear a strong commitment to the Sepa ‘project' from EBADay's keynote speaker, Soledad Nunez from the Treasury of Spain. A lack of political will is often cited as a factor in the sluggish adoption of Sepa credit transfers and direct debits so Nunez's unequivocal backing is welcome. What's more, the Spanish central government'...

15 June 2011 /payments