Sepa

207 articles tagged with this keyword

/Sepa

ECB tells firms to buck up Sepa migration efforts

The European Central Bank (ECB) has warned that many companies are leaving Sepa migration too late, leaving themselves open to serious problems when the February 2014 deadline arrives.

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Europe's businesses not prepared for looming Sepa deadline

With the Sepa migration deadline now just a year away, Europe's businesses still have a long way to go, with only 30% of credit transfers and two per cent of direct debits compliant, according to Experian.

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EBA Clearing lines up 11 banks for MyBank launch

Eleven financial institutions from Italy, France and Luxembourg are lined up to participate in the live launch of MyBank, a new online payments service from EBA Clearing which will open for business on 25 March 2013.

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UK businesses unprepared for Sepa migration

Only three percent of UK organisations have made preparations for the introduction of a Single Euro Payments Area (Sepa) for direct debits, lagging behind rivals in France and Germany as the countdown to the 2014 migration begins in earnest.

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Cybercrooks scent rich pickings from Sepa migration

The migration of European banks and corporates to a Single Euro Payments Area (Sepa) is creating a rich new target for cybercrooks, says McAfee, which has identified a recent attempt to steal EUR61,000 from German banks.

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MEPs call for common card fees

European parliamentarians have adopted a non-legislative resolution calling for common multilateral interchange fees across the EU.

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Sentenial embarks on EUR20 million expansion as Sepa End Date looms

Dublin-based payments specialist Sentenial is to spend EUR20 million on a pan-European expansion plan which will see the opening of four new offices on the continent ahead of the 2014 Sepa End Date.

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Belgian banks to shift payments to France's Stet platform

Belgium's banks have begun testing a new system, hosted on Stet's Core platform, for processing, clearing and settling Sepa and non-Sepa payment instruments.

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Sepa-related payment data errors to cost European firms billions - Experian

As Europe nears the Sepa migration deadline, the continent's businesses risk losing billions of euros thanks to simple payment errors, according to a report from Experian.

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Irish bank community selects Sentenial to run Sepa conversion service

Sepa specialist Sentenial has won a deal with the Irish banking community to provide a BIC and Iban conversion service for corporate customers.

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Live: EBAday 2012, day two

Payments professionals from banks across Europe are gathering in Edinburgh this week for EBAday, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

/Sepa

EBA Clearing sends first test transactions for pan-European e-payment scheme MyBank

EBA Clearing has performed the first test transaction between two banks of the MyBank online payment scheme at the annual EBAday event in Edinburgh.

/Sepa

Live: EBAday 2012, day one

Payments professionals from banks across Europe are gathering in Edinburgh this week for EBAday, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.

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Banks see corporates as key to Sepa success

With a deadline for Sepa migration finally confirmed, Europe's banks are now scrambling to develop systems and services that will attract the all-important corporate customers, according to a survey from Finextra and Clear2Pay on the eve of EBAday.

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HSBC selects Dovetail for Sepa processing

HSBC has selected technology from Dovetail for its European volume payments system as it prepares for the upcoming Sepa migration deadline.

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Edinburgh to host EBAday 2012

Registration has opened for EBAday 2012, the pre-eminent annual event for the European payments industry, which will run for two full days from 15-16 May at the Edinburgh International Conference Centre, Scotland.

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MEPs vote for 2014 Sepa deadline

The European Parliament has passed legislation creating a legally-binding deadline of 1 February 2014 for banks to migrate to Single euro area payment (Sepa) credit transfers and direct debits.

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Sepa migration deadline set at February 2014

The European Parliament and Council have finally reached agreement on a deadline of February 2014 for the migration to Sepa credit transfers and direct debits.

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VocaLink names David Yates as new CEO as King moves on

UK payments processor VocaLink has apppointed David Yates from Western Union as its new chief executive, taking over from Marion King who steps down after nine years at the helm.

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EPC sets out Sepa m-payments guidelines

Banking representative body the European Payments Council (EPC) has published guidelines for mobile contactless transactions in the Single Euro Payments Area (Sepa).