EBA Clearing today made available the specifications for its future pan- European instant payment solution scheduled to go live in November 2017.
Vincent Brennan, EBA Deputy Chairman, talks about the new paper on open APIs from the Electronic Alternative Payments Working Group of the Euro Banking Association, which highlights the importance for market players to think strategically about leveraging open banking to source new propositions - and improve distribution of their own - in the post-PSD2 landscape.
Giorgio Ferrero, CEO, and John Broxis, Managing Director, PRETA, talk about why banks should be interested in offering identity verification, and how to offset the risk that fragmented solutions for access to accounts under PSD2 could undermine the digital single market
Hays Littlejohn, CEO, EBA CLEARING, gives an update on progress with its new pan-European instant payments system, sharing information on how key features such as liquidity management will work, options for access and milestones on the way to go-live in November 2017.
Watch the highlights from EBAday 2016 in Milan. The event saw record-breaking attendance with over 1,000 delegates, a sold-out exhibition floor, and a new Fintech Pavilion. Conference highlights include discussions about blockchain, real-time payments, and PSD2.
Payments professionals from across Europe are gathering in Milan this week for EBAday 2016, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.
Today, PRETA S.A.S., the company that owns and manages MyBank, announced that it will start investigating the requirements of the financial industry for a compliance-driven solution to meet the PSD2’s access-to-account provisions.
Boasting a sold-out exhibition floor and record pre-registered delegate numbers, EBAday 2016 has reinforced its status as Europe's premier payments and transaction banking conference.
EBA Clearing says that close to 40 financial institutions have committed to supporting and funding the development and installation of its pan-European instant payments platform for transactions in the Single Euro Payments Area.
EBA CLEARING announced today the activation of an enhanced extended remittance information service on its pan-European automated clearing house platform STEP2.
© Finextra Research 2016