The European Payments Council (EPC) is calling for independent candidates to join a host of new bodies being set up to manage the Single euro payments area (Sepa) scheme.
The European Payments Council (EPC) has launched a three month public consultation on possible changes to the Sepa credit transfer and direct debit rule-books.
The European Payments Council reports on mobile wallets as an enabler for mobile payments.
The European Payments Council (EPC), representing the European banking industry in relation to payments, together with the Cards Stakeholders Group (CSG), today published version 7.0 of the Single Euro Payments Area (SEPA) Cards Standardisation Volume (the SCS Volume), ready for market implementation.
The EPC, working together with all stakeholders active in the mobile payments ecosystem, is willing to contribute to the development of a reliable and secure ecosystem for the initiation and receipt of Single Euro Payments Area (SEPA) payments by mobile phone.
The EU is poised to revise the Single Euro Payments Area (Sepa) governance arrangements by replacing the informal Sepa Council with a European Retail Payments Board and by adjusting the role of the bank-backed European Payments Council.
The 'International Bank Account Number (IBAN) only' rule introduced on the basis of Article 5 (7) of the European Union (EU) 'Regulation (EU) No 260/2012 establishing technical and business requirements for credit transfers and direct debits in euro' adopted by the EU legislator in February 2012 prohibits payment service providers (PSPs) to require that payment service users (PSUs) provide the Business Identifier Code (BIC).
The European Payments Council (EPC), representing the European banking industry in relation to payments, together with the Cards Stakeholders Group (CSG) today published version 6.5 of the Single Euro Payments Area (SEPA) Cards Standardisation Volume for a six-week public consultation.
The European Commission has dropped an anti-trust probe into the activities of the bank-backed standards-setting body the European Payments Council.
The European Banking Federation (EBF), the European Association of Cooperative Banks and the European Payments Council have published a guidance document to help their member-organisations and the broader market implement EU Regulation 260/2012 relating to the Single Euro Payments Area (SEPA).
© Finextra Research 2014