Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

RZB CEO Walter Rothensteiner to deliver keynote at EBAday 2009

The Euro Banking Association and Finextra are calling for community input on the agenda for EBAday 2009 in Vienna, Europe's premiere payments exhibition and conference.

17 April 2009

News/EBAday

EBA Clearing gears up for Sepa direct debit scheme

EBA Clearing says it is working with 66 major banks to prepare for testing of its Step2 Sepa direct debit (SDD) services ahead of the scheme's launch in November.

06 April 2009

News/EBAday

E-money reforms pave the way for new competitors in European payments market

The European Commission has approved proposals for a fundamental reform of the rules governing electronic money institutions, paving the way for mobile operators and other 'hybrid' institutions to obtain e-money licenses.

26 March 2009

News/EBAday

Eurozone banks told to ditch direct debit interchange by 2012

Europe's banks have been told that they will have to ditch interchange fees on direct debit transactions by 2012 under EU antitrust rules.

24 March 2009

News/EBAday

European payments industry to convene in Vienna for EBAday 2009

Registration is now open for EBAday 2009, the leading annual European payments forum held by the Euro Banking Association and Finextra Research. This year the two-day event is in Vienna from 30 June to 1 July, and is supported by lead sponsors Deutsche Bank, JPMorgan Chase, RZB, and Logica.

20 March 2009

News/EBAday

VocaLink completes Sepa direct debit pilots with three European banks

VocaLink has completed pilot testing of Sepa direct debit exchanges between corporate customers and three European banks, ABN Amro, Bawag and Royal Bank of Scotland

11 February 2009

News/EBAday

MacKinnon quits European Payments Council

Stewart MacKinnon has resigned as secretary general of the European Payments Council (EPC), citing differences of opinion about the role and direction of the EPC.

24 July 2008

News/EBAday

PBS teams with Clear2Pay on combined Sepa direct debit and credit transfer service

Danish payment body PBS has implemented technology from Brussels-based Clear2Pay to provide its bank and corporate clients with a combined Sepa-compliant direct debit and credit transfer service.

25 June 2008

News/EBAday

Banks face five year wait to recover lost revenue from Sepa

Almost half of European banks expect it to take over five years to replace payments-related revenue lost following the introduction of the European Union's single euro payments area (Sepa), while 13% say they will never be able to recover the lost revenue, according to a poll by e-payments outfit Fundtech.

23 June 2008

News/EBAday

Royal Bank of Scotland selects Accountis for e-invoicing

The Royal Bank of Scotland (RBS) is implementing technology from Fundtech-subsidiary Accountis to provide bank-branded electronic invoicing services to its corporate customers.

17 June 2008

News/EBAday

ING and Atos Origin partner on Sepa payments services

Dutch banking group ING and Paris-listed IT services firm Atos Origin are teaming up to provide Sepa-compliant payment processing services to banks and corporations in Europe.

29 May 2008

News/EBAday

EBAday to focus on corporates' role in the future of European payments

More than 400 representatives from banks and 200 leading corporates will convene at the Marina Congress Centre, Helsinki, on 25-26 June to look beyond the practical compliance requirements of operating in the single euro payments area and deal with the strategic questions that banks and corporates must address together if they are to prosper.

23 May 2008

News/EBAday

Gresham names Sepkes executive chairman; posts widening losses

UK financial software house Gresham Computing has recruited industry expert Eric Sepkes as executive chairman as it looks to boost its business and reverse a slide in revenue and profits.

29 April 2008

News/EBAday

Card fraud threatens development of European payments network - EC

Credit and debit card fraud continues to undermine consumer confidence and threatens to hinder the development of a cross-border payments network in Europe, according to a European Commission (EC) report.

28 April 2008

News/EBAday

Inconsistent PSD implementation threatens Sepa project- Logica

Disparities in the implementation of the European Payments Services Directive (PSD) across EU borders may lead to a reinforcement of national payments networks and undermine the push for a single euro payments area (Sepa), says a new report from IT services firm Logica.

22 April 2008

News/EBAday

European payments industry to convene in Helsinki

Finextra Research and the Euro Banking Association will this year hold their annual European payments forum - EBAday 2008 - over two days in Helsinki in June, with the support of lead sponsors Deutsche Bank, JPMorgan Chase, Nordea, Pohjola Bank, and Logica.

18 April 2008

News/EBAday

Equens establishes bilateral interoperability with Iberpay and Seceti

European payments processor Equens says it has begun the bilateral exchange of Sepa payments with Spain's Iberpay and Italian processor Seceti using procedures established under the European Automated Clearing House Association (Eacha) framework.

08 April 2008

News/EBAday

Fundtech acquires EIPP outfit Accountis

US financial technology vendor Fundtech has acquired Accountis, a UK provider of electronic invoice presentment and payment (EIPP) systems, for a total consideration of £5.8 million in cash.

07 February 2008

News/EBAday

Deutsche Bank to mark Sepa launch with charity payments; EBA to link Polish banks

Deutsche Bank is marking the launch of the single euro payments area (Sepa) by making compliant payments of EUR2801 - representing the date of the launch - to charities within the 15 euro zone countries.

25 January 2008

News/EBAday

European card schemes to establish cross-border network

A Brussels-based company that aims to link national debit card systems to process cross-border transactions across Europe has been established by The Euro Alliance of Payment Schemes (EAPS), a consortium of six of the region's largest national operators.

07 November 2007