LATEST NEWS 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 (VOP) solution has been tested at scale by a large group of STEP2 and RT1 users. This wide pan-European community of payment service providers (PSPs) was able to assess its VOP readiness and identify pain points to ensure a smooth ramp-up of VOP volumes. The broadly coordinated exercise included PSPs using FPAD VOP and other solutions for their VOP checks to enable end-to-end testing of volume peaks. As previous preparation… Read More 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 (VOP) solution has been tested at scale by a large group of STEP2 and RT1 users. This wide pan-European community of payment service providers (PSPs) was able to assess its VOP readiness and identify pain points to ensure a smooth ramp-up of VOP volumes. The broadly coordinated exercise included PSPs using FPAD VOP and other solutions for their VOP checks to enable end-to-end testing of volume peaks. As previous preparation… Read More 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… Read More 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,… Read More EBA CLEARING Board elections 2025 27 May 2025 At the EBA CLEARING Shareholders Meeting which took place on 26 May 2025, Niklas Lemberg was elected as new Deputy Chairperson of the Board, succeeding Robert Heisterborg of ING Bank… Read More Total transactions processed in EBA CLEARING payment services in 2024: 23 billion New volume record for STEP2 SCT transactions processed on 2 April 2024: 66 million New record day for RT1 processing on 31 March 2025: 6 million transactions New volume record for STEP2 SDD Core transactions processed on 1 April 2025: 144 million IN THE SPOTLIGHT Verification of Payee SEPA-wide VOP solution offers more effective fraud prevention Our VOP solution leverages blocks of our Fraud Pattern and Anomaly Detection (FPAD) functionality and helps combatting authorised push payment fraud. Learn more RT1 OCT Inst Cross-border transactions made easy The RT1 OCT Inst Service leverages the RT1 System for real-time cross-border payments that have one euro leg inside and one leg outside the Single Euro Payments Area. Learn more ESG ESG considerations have always been important to us Want to learn more about our environmental approach, social perspective as well as governance framework? Then explore our efforts and activities in these three key areas. Read more R2P First pan-European proof of concept showcases tremendous value of request to pay Watch our video to learn more about the key outcomes of our proof of concept and examples of request to pay exchanges for-e-invoicing. Watch video Verification of Payee SEPA-wide VOP solution offers more effective fraud prevention Our VOP solution leverages blocks of our Fraud Pattern and Anomaly Detection (FPAD) functionality and helps combatting authorised push payment fraud. Learn more RT1 OCT Inst Cross-border transactions made easy The RT1 OCT Inst Service leverages the RT1 System for real-time cross-border payments that have one euro leg inside and one leg outside the Single Euro Payments Area. Learn more ESG ESG considerations have always been important to us Want to learn more about our environmental approach, social perspective as well as governance framework? Then explore our efforts and activities in these three key areas. Read more R2P First pan-European proof of concept showcases tremendous value of request to pay Watch our video to learn more about the key outcomes of our proof of concept and examples of request to pay exchanges for-e-invoicing. Watch video 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.