Germany's central bank is working with EBA Clearing to build a new XML-based infrastructure for clearing debit card transactions for the country's financial institutions.
Worldline [Euronext:WLN], European leader in the payments and transactional services industry, introduces electronic mandate services for SEPA Direct Debits (SDD) supporting MyBank, an Online Banking ePayment (OBeP) solution for e/m/commerce.
The European Central Bank has named four key payment systems - Target2, Euro1, Step2-T and Core(Fr) - as "systemically important", and so subject to new regulations.
Today KBC announced that they are joining MyBank and will offer this Europe-wide payment method to their retail and corporate customers from spring 2015 on.
Four thousand merchants will go live with MyBank during the next few weeks, thanks to Gestpay, Banca Sella Group's gateway solution.
John Broxis from MyBank provides an update on the project a year on from its launch and talks about the upcoming MyBank mandate service.
Jan Paul van Pul, chairman of the Sepa migration action round table, discusses how the end date of Sepa migration does not mean 'mission complete' for European payments and how SMART is tackling the issue of Sepa direct debits.
EBA Clearing is preparing to support additional remittance information in Sepa messages processed by its pan-European retail payment system STEP2.
EBA Clearing announced at the EBAday conference in Helsinki today that the Company is implementing a Step2 Card Clearing Service for a go-live in April 2015.
EBA Clearing has opened the doors to registrations for its MyBank Mandate service, with Intesa Sanpaolo and UniCredit the first banks to sign on.
© Finextra Research 2014