RT1 sets transaction records in July By Tayo Joseph | August 23, 2024 | 0 In July, instant payment system RT1 processed 95.2 million transaction per month. This is the highest number of transactions processed per month since the launch of RT1 in 2017. July also saw records in the daily average volume and value: RT1 processed 3.1 million transactions worth over 2 billion euro per day on average. Despite… Read More
EBA CLEARING welcomes new Board members By Tayo Joseph | July 2, 2024 | 0 As from 2 July 2024, Katja Lehr of J.P. Morgan and Frantz Teissèdre of Société Générale have joined the Board of EBA CLEARING. Katja Lehr succeeds James Barclay of J.P. Morgan and represents the UK user community. Frantz Teissèdre returns to the EBA CLEARING Board, succeeding Nicolas Cailly as a representative of the French user… Read More
Pan-European Verification of Payee delivery on track By Tayo Joseph | July 1, 2024 EBA CLEARING publishes specifications to provide PSPs with Verification of Payee at a pan-European level Users can start their preparations for Instant Payments Regulation-compliant IBAN/name checks and also enhance them with other powerful fraud-fighting features EBA CLEARING announced today the publication of the user specifications for its Verification of Payee solution. The specifications are based… Read More
EBA CLEARING Board elections 2024 By Tayo Joseph | June 17, 2024 | 0 At the EBA CLEARING Shareholders Meeting today, EBA CLEARING Chairperson Michele Olin of Allied Irish Banks was re-elected to chair the EBA CLEARING Board for another three-year term. Board members Sergio Dalla Riva of Intesa Sanpaolo, Tanja Konrad of Erste Group Bank, Luis Pedro Simões of Novo Banco, Raouf Soussi Laghmich of BBVA and Jenny Winther of Svenska Handelsbanken were re-elected to serve on the EBA CLEARING… Read More
Annual Report 2023 now available By Tayo Joseph | June 17, 2024 | 0 Learn more about our services and activities in 2023 Download Report Read More
Pan-European proof of concept showcases value of request to pay By Tayo Joseph | May 6, 2024 | 0 • Frontrunners successfully exchanged request to pay messages via EBA CLEARING’s R2P Service • The proof of concept also demonstrated the benefits request to pay brings to invoicing in the B2B space, as featured in a video capturing the PoC results EBA CLEARING announced today that, together with eight multinational payment service providers (PSPs), the… Read More
Pan-European verification of payee ready by December By Tayo Joseph | April 8, 2024 | 0 EBA CLEARING community is taking instant payments to the next level EBA CLEARING announced today that it will provide its service users with Verification of Payee at a pan-European level as from December 2024. The roll-out of Verification of Payee is one element in the comprehensive preparation programme that the Company is engaging in with… Read More
EBA CLEARING to launch OCT Service on RT1 By Tayo Joseph | March 26, 2024 | 0 New cross-border payment service to become available by November 2024 EBA CLEARING announced today the delivery of a One-Leg Out Instant Credit Transfer (OCT Inst) Service in the RT1 System for November 2024. This new cross-border service in RT1 will be developed in line with the OCT Inst Scheme of the European Payments Council (EPC).… Read More
EBA CLEARING quality survey 2023: very positive ratings throughout By Tayo Joseph | January 25, 2024 Between 12 September and 15 October 2023, EBA CLEARING reached out to its users to solicit feedback on general satisfaction and on specific areas of interaction. Representatives of 118 financial institutions participated in the annual survey, which was conducted with the support of an independent survey provider. EBA CLEARING received excellent feedback with a general user satisfaction rate of 4.2 out of 5 and… Read More
EBA and EBA CLEARING mourn passing of former long-standing Secretary General and CEO Gilbert Lichter By Tayo Joseph | November 23, 2023 We are saddened to share that our former and long-standing Secretary General and CEO Gilbert Lichter passed away on 20 November. With Gilbert Lichter, the EBA Family and the Single Euro Payments Area have lost one of their founding fathers – a formidable leader and community builder with a strong pan-European vision. A true European,… Read More