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EBA Clearing carries out pan-European request to pay PoC

/payments

EBA Clearing carries out pan-European request to pay PoC

EBA Clearing says its request to pay service is ready for commercial use cases after the completion of a pan-European proof-of-concept involving eight PSPs.

Tide partners with Adyen in German market

/payments

Tide partners with Adyen in German market

Tide has announced that it will offer business accounts in Germany, marking the beginning of the company's expansion into Europe.

/payments

Deblock chooses Numeral for SEPA payments

Deblock, the first current account that accepts both euros and cryptocurrencies, has chosen Numeral, the payment technology provider, to manage its SEPA payments

EBA Clearing preps Verification of Payee

/regulation

EBA Clearing preps Verification of Payee

EBA Clearing will roll out a pan-European Verification of Payee feature by the end of the year.

/payments

Ecommpay adds Bacs and Sepa Direct Debit capabilities

Leading international Payment Service Provider and UK & Europe direct bank card acquirer Ecommpay has launched Direct Debit payments for UK and EU businesses in collaboration with bank payment company GoCardless.

/payments

Commerzbank revamps platform for cross-border payments

Commerzbank is updating its existing payment platform in Germany to process cross-border payments via the Swift network and to process high-value and urgent payments via the TARGET 2 or EURO 1 payment systems.

EU banks worried about 'unrealistic' instant payment deadlines

/payments

EU banks worried about 'unrealistic' instant payment deadlines

A third of EU banks do not currently offer an instant payments service and the majority have been discouraged by the January 2025 deadline, according to recently published research.

EU adopts instant payments rules

/regulation

EU adopts instant payments rules

The European Council has adopted a regulation that will make instant payments fully available in euro to consumers and businesses in the EU and in EEA countries.

MEPs nod through ten second instant transfer rules

/payments

MEPs nod through ten second instant transfer rules

The European Parliament has adopted new rules to ensure transferred funds arrive within ten seconds into the bank accounts of retail customers and businesses across the EU.

TrueLayer first to participate in SEPA Payment Account Access Scheme

/payments

TrueLayer first to participate in SEPA Payment Account Access Scheme

Open banking payments company TrueLayer was authorised to be the first to take part in the SEPA Payment Account Access Scheme (SPAA).

/payments

Paysera bank opens in Georgia

Paysera Georgia, a member of the Paysera Group, has commenced operations with the opening of its inaugural bank branch in Tbilisi. Having obtained a banking license in Georgia last year, the company is poised to provide a diverse range of financial services to the local community.

/payments

Form3 and Klarna partner for European payments

Form3, the cloud-native account-to-account platform, is delighted to announce it will be providing Klarna, the AI-powered payments network and shopping assistant, with SEPA connectivity to bolster its customer offering in Europe as part of its wider international growth strategy.

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