EBA Clearing has launched a task force to lay the groundwork for a Europe-wide instant payment processing service it hopes to have up and running by 2018.
The four biggest banks in Greece are to adopt EBA Clearing's MyBank service to fulfill customer online shopping transactions direct from the banks' websites.
CLS Group (CLS), the global FX financial market infrastructure, announced that its shareholders elected Gilbert Lichter to serve as an Outside Director on the CLS Group Holdings Board of Directors, effective 1 January 2015.
Italian online insurer Genialloyd has activated the MyBank payment option on its website and is now offering this Europe-wide online payment method to its retail and corporate customers.
The Agency for Digital Italy (AgID) has created a payment hub called "Nodo dei Pagamenti-SPC", a new technological platform that connects public institutions with payment service providers and that allows citizens and businesses to pay online in an easy and secure way at a national level.
MyBank went live with MyBank Mandates for SEPA Core Direct Debits today following the successful conclusion of the first Joining Window.
Latvijas Banka, the central bank of Latvia, is scheduled to connect to the euro retail payment system STEP2 as a direct participant on 8th December 2014.
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.
© Finextra Research 2015