EBA CLEARING services close out 2024 with record highs By Danielle Katchui Yampang | January 23, 2025 | 0 In December 2024, over two billion payments were processed via the EBA CLEARING services. Traditionally a peak month, December 2024 set new records all around. For the first time ever, the EBA CLEARING services processed a daily average volume of over 100 million transactions. The majority of those transactions went through STEP2 SDD Core with… Read More
Pan-European OCT Inst Service goes live in RT1 By Danielle Katchui Yampang | December 17, 2024 | 0 RT1 OCT Inst Service leverages existing building blocks to support RT1 Participants with a smooth onboarding RT1 Participants are eager to re-use the pan-European instant payment infrastructure for cross-border payments EBA CLEARING announced today the go-live of an OCT Inst Service, which was implemented in the pan-European RT1 System on 17 November 2024 at… Read More
EBA CLEARING launches SEPA-wide VOP solution By Danielle Katchui Yampang | December 10, 2024 | 0 The pan-European verification of payee (VOP) solution helps PSPs meet Instant Payments Regulation and EPC scheme requirements Different options on the requesting and responding side offer maximum flexibility and enhanced fraud prevention features powered by network-based insights EBA CLEARING today announced the launch of its SEPA-wide VOP solution. The new solution supports payment service… Read More