53 articles tagged with this keyword
News/European monetary union
The European Commission has threatened the payment card industry with antitrust action amid concerns that banks and national card networks conspire to thwart competition by raising barriers to new entrants.
12 April 2006
Finextra Research Limited is partnering with the Euro Banking Association to launch EBAday, an important new annual conference and exhibition for the European payments industry.
The European Commission says draft rules for harmonising cross-border payment transfers could save the EU economy EUR50-100 billion per year.
01 December 2005
Banks in Luxembourg have confirmed their decision to migrate all national retail transfers to the EBA Clearing's pan-European Step2 platform.
07 October 2005
A group of 13 bank-owned payment processors have banded together to explore the possibility of creating a Sepa-compliant IP-based network, bypassing Visa and MasterCard, and enabling cross-border ATM and POS transactions in the eurozone.
14 September 2005
Banco de Espana is using Microsoft BizTalk integration technology to interface its Target2-related business applications with the European Central Bank’s proposed new wholesale payments platform.
05 September 2005
Seven Italian banks are to migrate their domestic payments processing to the EBA's Step2 pan-European automated clearing house.
26 May 2005
MasterCard has called on the European banking industry to publish a blueprint by the summer outlining plans for replacing cash payments across the euro zone with plastic debit cards, a move which it says will save the eurozone economy up to EUR50 billion.
11 March 2005
Spain's central bank Banco de Espana is installing Tibco Software's workflow and business process management (BPM) system, Staffware Process Suite.
10 February 2005
Euro area central banks have warned the banking industry against backsliding on committments to deliver a Single Euro Payments Area (Sepa) by the end of the decade, amid mounting evidence that support for the project is on the wane.
03 December 2004
The European Commission is consulting with business and consumers on a raft of proposals for creating a 'single European payment area', designed to make it as easy to conduct transactions across borders as within individual countries.
03 December 2003
Italian bank card payments operator CartaSi is to offer the Visa Direct person-to-person money transfer service to its 800 member banks by September 2003.
01 July 2003
Some 31 banks are now live on the new Euro Banking Association (EBA) Step2 pan-European automated clearing house system, in anticipation of the 1 July deadline for EC regulations on cross-border payments.
30 June 2003
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