European Banking Federation

22 results about this entity

Period: 22 Aug 2005 - 17 Apr 2023

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European banks shuttered over 9000 branches last year

European banks shuttered over 9000 branches last year

European banks closed over 9000 branches last year and shed 50,000 staff as customer defections to online and mobile channels surged, according to data from the European Banking Federation.

New EC rules could enable banks to increase their software spending

New EC rules could enable banks to increase their software spending

European banks under siege from digital challengers and sophisticated cyber attackers could face some relief from a possible change in accounting rules that will enable them to spend more on new software.

EU rules on software investment attacked by bank lobby group

EU rules on software investment attacked by bank lobby group

The European Banking Federation has called on EU policymakers to rethink their prudential requirements for software investments by banks, describing the current treatment as a "significant disincentive for investments in innovation".

European banks lobby Commission to push ahead with screen scraping ban

European banks lobby Commission to push ahead with screen scraping ban

European banks say that privacy of client data, cybersecurity and innovation are at risk should the European Commission bow to the demands of fintech firms and backtrack on plans to ban screen-scraping under the revised Payment Services Directive, PSD2.

PSD2 dominates discussion on day one of European Payments Summit

PSD2 dominates discussion on day one of European Payments Summit

The Payment Services Directive 2 (PSD2) represents the biggest change in banking for 700 years, says Patrick Tans, senior general manager banking products at KBC Bank. Speaking at the European Payments Summit in the Hague, Tans said under PSD2, banks will lose the monopoly on customer experience and interaction that they have enjoyed since the 1400s.

BBA to develop financial crime alert system; EBF signs MoU with Interpol

BBA to develop financial crime alert system; EBF signs MoU with Interpol

The British Banking Association is working with BAE Systems Applied Intelligence to develop a financial crime alert system that will see 12 government and law enforcement agencies warn banks of the latest threats to their integrity.

Banks give cautious welcome to new VAT regime; outsourcing set to benefit

Banks give cautious welcome to new VAT regime; outsourcing set to benefit

Bank lobby groups have given a guarded welcome to European Commission proposals for a Directive aimed at simplifying the current VAT regime for financial and insurance services.

Europe's banks lobby for greater control of ECB's Target2-Securities system

Europe's banks lobby for greater control of ECB's Target2-Securities system

Europe's banks have come out in support of the European Central Bank's (ECB) controversial plans to implement an integrated securities settlement system in the euro zone, but only if they have more control over the project.

Industry bodies cautious on EU payments reform

Industry bodies cautious on EU payments reform

The EU's draft proposal for standardising cross-border payment transfers has received a cautious response from industry bodies, with the European Savings Banks Group stating the new framework "needs improvement".

European Banking Federation slams MiFID proposals

European Banking Federation slams MiFID proposals

The European Banking Federation (FBE) has criticised the EU's controversial directive on markets in financial instruments (MiFID) for being "too complex, cumbersome and restrictive".

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