56 articles tagged with this keyword
News/Euro
UK payments association Apacs says the Chaps euro clearing service will shut down at close of business on Friday.
15 May 2008
The first stage implementation of the single euro payments area (Sepa) - which aims to make cross-border payments as cheap as domestic transactions - has gone live with the official launch of the Sepa payment instrument for credit transfers.
28 January 2008
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
MasterCard has six months to scrap the non-negotiable interchange fees it charges for cross-border transactions or face daily penalties, under a ruling by the European Commission (EC).
19 December 2007
The Federation of European Securities Exchanges (FESE) has voiced concerns over the cost implications to its members of the European Central Bank's (ECB) plan to introduce an integrated securities settlement system in the euro zone and has called for more clarity and a clear business case for the project.
06 December 2007
Securities depository Clearstream has launched a euro night-time funding link (ENTFL) for customers to access liquidity held in Target2 accounts and make it available for the settlement of euro transactions during night-time processing.
22 November 2007
Target2, the EU-wide real-time gross settlement (RTGS) system for large value payments, has been successfully launched, says the European Central Bank (ECB).
20 November 2007
The two leading central securities depositories (CSDs) Euroclear and Clearstream have asked for more clarity over the European Central Bank's (ECB) plan to introduce a single platform for European securities settlement through the Target2 Securities (T2S) project.
02 October 2007
Barclays has selected a liquidity management system from payments provider Fundtech as part of its efforts to improve the monitoring of its cash flows and in preparation for the introduction of the Single Euro Payments Area (Sepa) and Target2 Securities (T2S) initiatives.
01 October 2007
Payments professionals from across Europe will gather in Rome in early June for two days of intense networking and debate at the second annual EBAday forum, organised by Finextra Research in partnership with the Euro Banking Association.
25 May 2007
Finextra Research and the Euro Banking Association will this year hold their annual European payments forum - EBAday 2007 - over two days in Rome in June, with the support of lead sponsors Deutsche Bank, JPMorgan Chase, Banca Intesa Sanpaulo, LogicaCMG and Sap/Accenture.
05 April 2007
Following its temporary ban from trading on NewEuroMTS earlier this month, US securities firm Goldman Sachs is now withdrawing completely from the European government bond trading platform.
25 January 2007
Belgium-based payments systems vendor Clear2Pay has been awarded a EUR130,000 grant by the Flemish Innovation Institute for Science and Technology (IWT) which it will use to support the development of its Sepa direct debit technology.
18 January 2007
The introduction of European Union (EU) rules governing cross-border euro payments in 2001 has led to a dramatic fall in costs for consumers and prompted banks to invest in EU-wide payments intfrastructure, according to a European Commission study.
12 January 2007
Over half of US customers support the addition of biometric authentication information to credit and debit payment cards, acccording to a study commissioned by online security firm Truste and conducted by market information group TNS.
10 January 2007
Less than half of euro-zone banks are planning their product and market strategy beyond the first single euro payments area (Sepa) deadline in 2008, according to research commissioned by LogicaCMG.
09 October 2006
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