Keyword

Sepa

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Dutch banks introduce national Iban and BIC conversion system

Dutch banks introduce national Iban and BIC conversion system

The Netherlands Bankers' Association (NVB) is preparing for the arrival of the Single Euro Payments Area (Sepa) with the introduction of a new nationwide Iban (International Bank Account Number) and BIC (Bank Identifier Code) look-up service for all Dutch citizens and corporates.

29 June 2009

Bumper turn-out expected for EBAday 2009

Bumper turn-out expected for EBAday 2009

The Euro Banking Association and Finextra are preparing for a bumper turn-out at this year's EBAday 2009 payments conference and exhibition in Vienna, as delegate numbers for the two-day event reach a record high.

26 June 2009

SIX Group plans Sepa direct debit service

SIX Group plans Sepa direct debit service

Swiss financial infrastructure firm SIX Group says it will begin offering a Sepa-compatible outsourced direct debit processing service when the SDD scheme launches in November.

23 June 2009

EC consults on Sepa migration deadline

EC consults on Sepa migration deadline

The European Commission has launched a consultation on whether to set a deadline for the migration of credit transfers and direct debits to the Single euro payments area (Sepa) scheme.

09 June 2009

EBAday 2009 goes green in Vienna

EBAday 2009 goes green in Vienna

To mark World Environment Day, Finextra and the Euro Banking Association are pleased to announce that Europe's premiere payments conference and exhibition, EBAday 2009, has been certified as a CarbonNeutral® event by The CarbonNeutral Company.

05 June 2009

Deutsche Bank and Logica team on plug and play Sepa Connector

Deutsche Bank and Logica team on plug and play Sepa Connector

Deutsche Bank's Global Transaction Banking (GTB) division and tech vendor Logica have teamed on an outsourced 'plug and play' Sepa Direct Debits (SDD) offering.

12 May 2009

Vocalink secures £60m shareholder investment

Vocalink secures £60m shareholder investment

UK payments processor VocaLink has tapped its shareholders for a £60 million equity capital investment as it looks to continue to expand its European presence.

05 May 2009

France delays Sepa Direct Debit launch

France delays Sepa Direct Debit launch

French banks have pushed back the date for implementation of the Sepa Direct Debit scheme by a year to November 2010, setting the stage for a confrontation with the European Central Bank and the European Commission.

01 May 2009

Crédit Agricole sets Sepa strategy with Clear2Pay open payment framework

Crédit Agricole sets Sepa strategy with Clear2Pay open payment framework

Crédit Agricole has selected Clear2Pay's Open Payment Framework (OPF) for processing payment transactions across the group.

21 April 2009

RZB CEO Walter Rothensteiner to deliver keynote at EBAday 2009

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

Finextra weekly news review podcast

Finextra weekly news review podcast

Fidelity acquires Metavante to create new payments and processing giant; the UK government considers adding Chip and Pin technology to its controversial ID card scheme; and EBA Clearing pushes ahead for November deadline for Sepa direct debits - it's all in this week's news review podcast.

09 April 2009

EBA Clearing gears up for Sepa direct debit scheme

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

MasterCard re-introduces interchange fees for cross-border payments

MasterCard re-introduces interchange fees for cross-border payments

MasterCard is to set new interchange fees for cross-border payments in Europe after reaching an interim agreement with the European Commission.

01 April 2009

Finextra weekly news review podcast

Finextra weekly news review podcast

Swift pulls the plug on the traditional closing party for its annual Sibos event, Northern Rock saved by poor IT systems, Citi CIO Marty Lippert quits, and the EU tells banks to ditch direct debit interchange by 2012 - it's all on this week's financial technology and innovation news review podcast.

26 March 2009

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

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

Eurozone banks told to ditch direct debit interchange by 2012

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

Barclays, RBS and the EBA feature in PaymentsLIVE! webcast

Barclays, RBS and the EBA feature in PaymentsLIVE! webcast

Transaction banking will never be the same. That's the theme of a live and interactive webcast coming up on Finextra, featuring some of the industry's top thought leaders in payments. The webcast will take place at 15:00 British Summer Time on Tuesday 31 March.

23 March 2009

European payments industry to convene in Vienna for EBAday 2009

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

Migration date to SCT and SDD schemes must be set - ECB's Tumpel-Gugerell

Migration date to SCT and SDD schemes must be set - ECB's Tumpel-Gugerell

Over a year after its launch, the Sepa credit transfer (SCT) scheme still only accounts for less than two per cent of total CT volume in the euro area, prompting ECB executive board member Gertrude Tumpel-Gugerell to call for a definitive date for migration from national systems.

17 March 2009

National regulators delaying EU payments harmonisation

National regulators delaying EU payments harmonisation

European banks are losing confidence in their ability to meet impending deadlines for new EU payments rules mandated by the Payment Services Directive, and are blaming the slowdown on failures in national regulation.

12 March 2009