European Banking Federation

22 results about this entity

Period: 22 Aug 2005 - 17 Apr 2023


Banking associations want payments removed from EU digital identity plan

The European Credit Sector Associations (ECSAs) are calling on the EC to remove payments from the scope of the upcoming European Digital Identity plan.


European Banking Federation sets out vision for digital euro

The European Banking Federation (EBF) has today published a vision paper on a Digital Euro Ecosystem.


EBF response to EBA paper on the role of environmental risks in the prudential framework

The European Banking Federation has responded to the discussion paper of the European Banking Authority on the role of environmental risk in the prudential framework.


EBF and UNEP FI outline practical approaches to applying EU Taxonomy to bank lending

The European Banking Federation, together with the United Nations Environment Programme Finance Initiative (UNEP FI), have today launched a report, “Practical approaches to applying the EU Taxonomy to bank lending”, that explores practical approaches for banks who wish to use the EU Taxonomy.


EBF and SAS join forces to fight financial crime

The United Nations Office on Drugs and Crime estimates that US$800 billion to $2 trillion is laundered through worldwide financial systems each year. That’s an astonishing 2-5% of global GDP.


EBF calls for regulatory clarity over proposed EU-level AI rules

The European Banking Federation (EBF) welcomes the opportunity to comment on the European Commission’s proposal for a Regulation laying down harmonized rules on Artificial Intelligence (AI Act).


Money 20/20 EU: Will Europe prevail in the new dawn of payments?

Amsterdam: Finextra is on the ground at Money 20/20 Europe, attending a host of sessions to provide you with key highlights from the most popular sessions throughout the conference.


EBF-UNEP FI report outlines path for application of EU Taxonomy to core banking services

The European Banking Federation, together with the United Nations Environment Programme Finance Initiative (UNEP FI), has today launched a report that for the first time assesses how the EU Taxonomy can be applied to core banking products.


Banking industry sets out vision for EU payments market

With payments revenue taking a massive hit in the face of the Covid-19 pandemic, the European banking industry is looking to the future, setting out its vision for the future of the market.

Banks and Third Party Providers agree on joint efforts regarding the transition to new payment rules

Today, the European Banking Federation (EBF), the European Association of Co-operative Banks (EACB) and the European Savings and Retail Banking Group (ESBG), known collectively as the European Credit Sector Associations (ECSAs), on the one side and the European Third Party Providers Association (ETPPA) and the Financial Data and Technology Association (FDATA) on the other side, formulated a Joint Statement to smoothen the transition to the new security and communication standards that will be applicable from 14 September 2019 within the framework of the revised payments services directive (PSD2).

Bank branches and staff numbers continue to shrink across the EU

The trend for mobile and online banking continues to take its toll on physical bank branches and staff numbers, with new figures from the European Banking Federation showing an ongoing decline across the bloc.

Cops bust mastermind behind $1 billion malware heists

The mastermind behind the Carbanak and Cobalt malware attacks on over a 1000 financial institutions worldwide has been arrested in Alicante, Spain, after a complex investigation conducted by the Spanish National Police, with the support of Europol, the US FBI, the Romanian, Belarussian and Taiwanese authorities and private cyber security companies.

European banks shuttered over 9000 branches last year

European banks closed over 9000 branches last year and shed 50,000 staff as customer defections to online and mobile channels surged, according to data from the European Banking Federation.

New EC rules could enable banks to increase their software spending

European banks under siege from digital challengers and sophisticated cyber attackers could face some relief from a possible change in accounting rules that will enable them to spend more on new software.

EU rules on software investment attacked by bank lobby group

The European Banking Federation has called on EU policymakers to rethink their prudential requirements for software investments by banks, describing the current treatment as a "significant disincentive for investments in innovation".

European banks lobby Commission to push ahead with screen scraping ban

European banks say that privacy of client data, cybersecurity and innovation are at risk should the European Commission bow to the demands of fintech firms and backtrack on plans to ban screen-scraping under the revised Payment Services Directive, PSD2.

PSD2 dominates discussion on day one of European Payments Summit

The Payment Services Directive 2 (PSD2) represents the biggest change in banking for 700 years, says Patrick Tans, senior general manager banking products at KBC Bank. Speaking at the European Payments Summit in the Hague, Tans said under PSD2, banks will lose the monopoly on customer experience and interaction that they have enjoyed since the 1400s.

BBA to develop financial crime alert system; EBF signs MoU with Interpol

The British Banking Association is working with BAE Systems Applied Intelligence to develop a financial crime alert system that will see 12 government and law enforcement agencies warn banks of the latest threats to their integrity.

Banks give cautious welcome to new VAT regime; outsourcing set to benefit

Bank lobby groups have given a guarded welcome to European Commission proposals for a Directive aimed at simplifying the current VAT regime for financial and insurance services.

Europe's banks lobby for greater control of ECB's Target2-Securities system

Europe's banks have come out in support of the European Central Bank's (ECB) controversial plans to implement an integrated securities settlement system in the euro zone, but only if they have more control over the project.