LATEST NEWS

EBA CLEARING Services successfully complete 9 October 2025 changeover

09 October 2025

PSPs across the eurozone passed an important regulatory milestone today with the support of RT1, STEP2 SCT and FPAD VOP. EBA CLEARING announced today that its RT1 and STEP2 SCT user communities have successfully completed the 9 October 2025 milestone of the Instant Payments Regulation (IPR), following the upgrade of the Company’s services to the new IPR requirements. 9 October 2025 marks a key change date for the European payments ecosystem, since the Verification of Payee (VOP) obligations for credit institutions in the eurozone and other major IPR requirements kicked in today. Aside from providing its users with upgraded RT1…

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EBA CLEARING Services successfully complete 9 October 2025 changeover

09 October 2025

PSPs across the eurozone passed an important regulatory milestone today with the support of RT1, STEP2 SCT and FPAD VOP. EBA CLEARING announced today that its RT1 and STEP2 SCT user communities have successfully completed the 9 October 2025 milestone of the Instant Payments Regulation (IPR), following the upgrade of the Company’s services to the new IPR requirements. 9 October 2025 marks a key change date for the European payments ecosystem, since the Verification of Payee (VOP) obligations for credit institutions in the eurozone and other major IPR requirements kicked in today. Aside from providing its users with upgraded RT1…

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Pan-European testing confirms that FPAD VOP is ready to scale

26 September 2025

With volume testing for Verification of Payee, EBA CLEARING supports PSPs across Europe in meeting key Instant Payments Regulation (IPR) requirements. EBA CLEARING announced today that its Verification of Payee…

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Multinational banks are building reach for One-Leg Out Instant Credit Transfers

18 September 2025

The 10 banks will be reachable in EBA CLEARING’s RT1 OCT Inst Service within two years. They are inviting others to join and commit to the same timeline. This move…

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Simone Löfgen appointed Interim Chairperson of the EBA CLEARING Board

15 September 2025

The EBA CLEARING Board has appointed Simone Löfgen of Commerzbank as the Interim Chairperson of the Board. Her mandate runs until the Shareholders Meeting 2026. Simone Löfgen is Managing Director,…

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Total transactions processed in EBA CLEARING payment services in 2024:
billion
New volume record for STEP2 SCT transactions processed on 2 April 2024:
million
New record day for RT1 processing on 31 March 2025:
million transactions
New volume record for STEP2 SDD Core transactions processed on 1 April 2025:
million

IN THE SPOTLIGHT

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Verification of Payee: why pan-European cooperation matters

At EBAday 2024, Hays Littlejohn and Erwin Kulk explain how network-based fraud pattern and anomaly detection can boost the customer experience and safety provided by verification of payee checks. The pair exposes the added value that EBA Clearing’s pan-European verification of payee solution will bring as from its launch in December 2024. Cooperation on fraud mitigation was one of the biggest topics at EBAday and this practical example of a collectively designed and delivered toolset makes it clear why joining forces against fraud matters.