Latest Sepa News: Finextra Research

HSBC to woo clients with BIC and Iban conversion kit

HSBC is partnering with Petra Financial to offer its clients automated BIC and Iban directory and validation tools for Sepa-compliant cross-border payments.

15 September 2008

News/Sepa

EBA Clearing prepares for Sepa volumes upswing with night-time settlement cycle

EBA Clearing is to offer night-time settlement of Sepa payments across the ECB's Target2 payments network from the end of the year.

15 September 2008

News/Sepa

IT complexity biggest obstacle to corporate transaction banking - Finextra survey

A survey by Finextra Research and Misys reveals that 45% of banks say their ability to provide a joined up service to corporates is average or worse. But to counter this, more and more banks are consolidating lines of business into a transaction banking group, and investing more in new products delivered online.

15 September 2008

News/Sepa

Equens and VocaLink establish Sepa interoperability

European payments processors Equens and VocaLink have implemented a bilateral link for the exchange of single euro payments area (Sepa) transfers using procedures established under the European Automated Clearing House Association (Eacha) framework.

09 September 2008

News/Sepa

EC moves to kick start Sepa direct debit scheme

EU authorities have called on banks to push ahead with plans to introduce a pan-European direct debit payments system, even if interchange fees are initially charged for cross-border transactions.

04 September 2008

News/Sepa

Failed payments costing Europe's banks EUR21bn a year - Misys

Despite the introduction of the single euro payments area this year, failed cross border transactions are costing European banks EUR21 billion a year, according to Misys.

03 September 2008

News/Sepa

ABN Amro selects Sentenial for Sepa-compliant direct debit processing

ABN Amro has contracted with Ireland-based Sentenial for the provision of a single euro payments area (Sepa)-compliant direct debit processing system.

02 September 2008

News/Sepa

PBS buys Sweden's Stralfors Payments

Denmark's PBS has bought the payments business of Swedish IT firm Stralfors for an undisclosed sum as it looks to expand its presence in the Nordic region.

28 August 2008

News/Sepa

European Payment Council clears up Sepa for Cards confusion

The European Commission and the European Central Bank have welcomed a document published by the banking industry-backed European Payment Council that paves the way for a competitive single market for card payment card schemes by 2010.

22 August 2008

News/Sepa

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/Sepa

PSD to cost Europe's banks EUR6 billion

Europe's major banks will spend up to EUR6 billion over the next 18 months in preparing for the Payment Services Directive, according to a survey conducted by consultancy Payment Systems Europe.

07 July 2008

News/Sepa

Soaring customer satisfaction for French m-payments scheme

A consortium of French banks, telcos and technology vendors that launched a wide-scale contactless mobile payments trial last year is reporting customer satisfaction rates of above 90% for the scheme.

02 July 2008

News/Sepa

European Payments Council teams with telcos on mobile payment initiative

The European Payments Council (EPC) says it will work with GSMA - an international trade group of mobile operators - to accelerate the deployment of mobile payment services in the single euro payments area (Sepa).

30 June 2008