Europe’s leading pan-European instant payment service RT1 turns five
EBA CLEARING’s instant payment service RT1 has been in the forefront of the real-time payment ramp-up across Europe. Today, on its fifth anniversary, the leading pan-European instant payment system reaches 85 per cent of bank customers in SEPA and processes over two million transactions worth 1.5 billion euro per day on average.
Immediate Cross-Border Payments (IXB) Pilot Set to Revolutionise International Payments
First participants are preparing to exchange cross-border instant payments as part of a live pilot with financial institutions in the United States and Europe. The pilot will leverage the real-time payment systems, RTP® and RT1, the IXB solution and key SWIFT components for transactions in the euro and U.S. dollar currency corridor.
STEP2 community successfully completes migration to continuous gross settlement
Today, the participants in EBA CLEARING’s pan-European euro mass payment system, STEP2, successfully concluded the migration to the new continuous gross settlement (CGS) mechanism. With this achievement, the STEP2 user community has completed the groundwork for faster delivery of SEPA payments and extended opening hours for STEP2.
STEP2 to process payments within minutes and around the clock
From November 2022, EBA CLEARING’s pan-European mass payment system will be upgraded to process SEPA transactions around the clock, seven days a week, and to provide settlement results to participating banks in minutes.
EBA CLEARING successfully completes migration of RT1 technical account to TIPS
EBA CLEARING announced today the successful migration of the RT1 technical account from TARGET2 to TIPS. The live activation for the RT1 community – over 2,500 payment service providers in 25 countries – took place on 10 December 2021 as part of the first migration wave for ancillary systems orchestrated by the Eurosystem.
EBA CLEARING, SWIFT and The Clearing House join forces to speed up and enhance cross-border payments
Banks from both sides of the Atlantic have successfully exchanged payment messages for a faster cross-border payment as part of a proof of concept demonstrating the feasibility of synchronizing settlement across existing instant payment systems in one of the world’s largest currency corridors.
EBA CLEARING and IBERPAY launch interoperable SEPA Request-to-Pay services
EBA CLEARING and IBERPAY announced today that they have delivered two interoperable services to process messages and provide functionalities complying with the new SEPA Request-to-Pay Scheme (SRTP) created by the European Payments Council (EPC). The joint launch of these new infrastructure services took place today, on the day of the entry into force of the new SEPA scheme.
EBA CLEARING’s RT1 reaches critical mass of Belgian PSPs for instant payments
EBA CLEARING announced today that its RT1 platform has reached critical mass in Belgium for instant payments. The leading pan-European instant payment infrastructure system currently counts six participants based in Belgium: Aion SA, BNP Paribas Fortis, Belfius, CBC Banque, ING Belgium and KBC Bank. Thanks to this coverage, the vast majority of Belgian payment accounts are now reachable for euro instant payments from all across Europe.
EBA CLEARING’s RT1 expands instant payment reach in Luxembourg
EBA CLEARING announced today that its RT1 platform has considerably expanded its reach in Luxembourg. Five new joiners connected to RT1 today, including two participants from Luxembourg: Banque et Caisse d’Epargne de l’Etat, Luxembourg and Banque Internationale à Luxembourg. With these additional connections, RT1 has established critical mass for instant payments in 10 European countries.
Timely start of test phase for pan-European request to pay infrastructure service
EBA CLEARING today announced the timely start of the testing phase for its pan-European request to pay infrastructure (R2P) service, which is scheduled to go live in November 2020 in line with the launch of the SEPA Request to Pay Scheme by the European Payments Council (EPC).
EBA CLEARINGs Echtzeitzahlungssystem RT1 weitet Reichweite auf mehr als 1.000 Zahlungsanbieter aus
EBA CLEARING gab heute bekannt, dass das Echtzeitzahlungssystem RT1 des Unternehmens gestern erfolgreich sechs neue Teilnehmer angeschlossen hat. Der deutsche Sparkassensektor schloss sich über LBBW und Helaba an RT1 an.
EBA CLEARING charts course for EURO1 future with strong focus on cross-service alignment
EBA CLEARING announced at the EBAday conference in Munich today that it is aiming to optimally support the users of its different services in their integration of management and monitoring tasks as the industry is preparing for the migration of large-value payment systems, such as TARGET2 or EURO1, to ISO 20022 standards.
IBERPAY ready to connect Spanish banks to EBA CLEARING’s RT1 system for SCT Inst processing
IBERPAY and EBA CLEARING announced today that the Spanish retail payment system is ready to provide Europe-wide instant payment connectivity to Spanish banks with the support of IBERPAY’s CICLOM platform and EBA CLEARING’s RT1 system.
Intesa Sanpaolo and EBA CLEARING announce successful first testing results for the first pan-European instant payment solution
INTESA SANPAOLO, a leading bank in Europe, and EBA CLEARING have announced today the successful execution of the first user testing activities for the Pan-European real-time payment platform of EBA CLEARING.
EBA CLEARING to introduce EBICS as additional connectivity option for its instant payment system
EBA CLEARING announced today that the future participants in its pan-European instant payment infrastructure service will be able to use, in addition to SIANet, the Electronic Banking Internet Communication Standard (EBICS) for the exchange of transaction messages with the platform.
EBA CLEARING witnesses continued strong growth in support for pan-European real-time payment platform
EBA CLEARING continues to register a strong growth in the number of payment service providers (PSPs) confirming their interest in the Company's pan-European instant payment service, which is on schedule to be delivered in November 2017.
EBA CLEARING provides sneak preview of instant payment platform design
EBA CLEARING today provided a sneak preview of the system design, functionality and interface specifications for its future pan-European instant payment platform to a wide audience of payment practitioners and stakeholders at the industry conference EBAday in Milan.
Bank of Lithuania provides SEPA connectivity to local banks via EBA CLEARING’s STEP2 platform
EBA CLEARING announced today that Lietuvos Bankas, the Lithuanian central bank, joined the pan-European euro retail payment system STEP2 as a direct participant on 7th December 2015 with a view to extending full SEPA reach to the local banking community.
EBA CLEARING issues updated version of blueprint for pan-European instant payment infrastructure solution
EBA CLEARING has issued an updated version of its Blueprint for an Instant Payment Infrastructure Solution, which was first made available to the payments industry and interested stakeholders in July 2015.