EBA CLEARING to kick off analytical pilot for pan-European fraud pattern and anomaly detection
EBA CLEARING announced at its Shareholders Meeting in Madrid today that it will kick off the analytical pilot for the pan-European Fraud Pattern and Anomaly Detection (FPAD) functionality in July 2023. The analytical pilot will allow EBA CLEARING to validate and refine the fraud pattern and anomaly detection models with the participants, in anticipation of the launch in November 2023.
EBA CLEARING Board members James Barclay (J.P Morgan Chase Bank NA), Ivo De Meersman (KBC Bank NV/SA), Giuseppina Femiano (UniCredit SpA), Sophie Giorgi (Crédit Agricole S.A.) and Christof Hofmann (Deutsche Bank AG) were re-elected today at the EBA CLEARING Shareholders Meeting.
EBA CLEARING introduction flyer 2023 now available
Frontrunner banks to deliver request to pay proof of concept with EBA CLEARING’s R2P Service
EBA CLEARING announced today that, together with seven multinational banks, the Company has kicked off preparations for a pan-European request to pay proof of concept (PoC). The aim of this initiative is to showcase how to roll out and create value around request to pay to pave the way for live implementation.
EBA CLEARING to enrich RT1 and STEP2 with fraud prevention and detection capabilities
EBA CLEARING announced today that it will enrich its SEPA payment systems, RT1 and STEP2, with fraud prevention and detection capabilities by November 2023. The Company’s new Fraud Pattern and Anomaly Detection (FPAD) solution will support RT1 and STEP2 users in complementing their fraud-fighting tools and assessments with insights from a central network view.
Growing instant payments in Europe and around the globe: RT1 supports Italian banks on their frontrunner journey
On 21 November, EBA CLEARING’s instant payment service RT1 celebrated its fifth birthday. The first pan-European instant payment service has been a decisive driver of the real-time payment ramp-up across Europe: RT1 today reaches 85% of bank customers in SEPA and processes over two million transactions worth 1.5 billion euro per day on average – and volumes continue to grow by up to 50% on an annual basis.
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.
Quality survey 2022: EBA CLEARING ranks high in user satisfaction
Once a year, EBA CLEARING reaches out to its users to solicit feedback on general satisfaction and on specific areas of interaction. Between 19 April and 13 May 2022, representatives of 118 financial institutions participated in this year’s survey which was conducted with the support of an independent survey provider.
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.
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.
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.
New volume records for EBA CLEARING Services in 2020
In 2020, EBA CLEARING processed a total of 15.5 billion transactions across its payment services, which is 1.3 billion more than in 2019. December 2020 saw an all-time record of transactions processed across all services of almost 1.5 billion.
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.
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).
New all-time daily average records for STEP2 SCT, RT1 and SCC in December 2018
STEP2 SCT and STEP2 Card Clearing both saw new all-time daily average volume records with 21.1 million and 11 million payment transactions processed respectively. RT1 also reached a new daily average volume in December 2018 with 88 thousand transactions processed.
Instant payment system RT1 reaches new milestone
RT1 passed the 10-million-transaction mark on 3 January 2019.
EBA CLEARING kicks off task force to work on a pan-European Request to Pay solution
The task force will be working on a blueprint setting forth suitable solution(s)
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.
Instant payment system RT1 hits 1-million-transaction mark
RT1 has processed EUR 635 million since its launch on 21 November 2017
New all-time peak for STEP2 platform
EBA CLEARING’s STEP2 platform has seen a new all-time peak: 156 million transactions were settled on 3 April 2018. On the same day, the STEP2 SCT Service saw a new volume record with a total of 41.7 million transactions settled, and the STEP2 SDD B2B Service witnessed a new volume peak with over 1 million transactions settled.
New volume record for STEP2 CC
The STEP2 Card Clearing Service has seen a new volume record with a total of 23.5 million payments settled on 3 April 2018.
EBA CLEARING’s instant payment system RT1 hits 500,000-transaction mark
Three months after go-live, the pan-European platform handles more than 10,000 real-time payments in euro per day.
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.
EBA CLEARING's STEP2 platform has seen a new all-time peak: Over 155 million transactions were settled on 2nd October 2017. STEP2 SDD Core also reached a new individual peak record with a total of 107.3 million SEPA Core Direct Debits settled on the same day.
Instant Payments: accordo tra ICBPI ed EBA CLEARING
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EBA CLEARING’s STEP2 platform has seen a new all-time peak: nearly 153 million transactions were settled on 2nd May 2017. STEP2 SCT has seen a new volume record with a total of 32.75 million payments settled on 2nd May 2017, same as STEP2 CC with a total of 18.1 million and SDD B2B with 884,288 transactions settled on the same day.
New volume record for STEP2 CC
STEP2 CC has seen a new volume record with a total of 18,4 million card payments settled on 18th April 2017.
Successful first testing results for for the first pan-European instant payment solution
Intesa Sanpaolo and EBA CLEARING announce successful first testing results for RT1.
EBA CLEARING’s STEP2 platform has recorded a new all-time peak: more than 147 million transactions were settled on 3 April 2017. On the same day, the STEP2 CC Service saw a new volume record with a total of 15.5 million payments settled and the SEDA Service witnessed a new peak with more than 13.5 million messages processed in March 2017.
EBA CLEARING to introduce EBICS as additional connectivity option for its instant payment system:
Future service participants can use SIANet or EBICS to connect to the new pan-European real-time payment infrastructure from November 2017 on – other options may follow later.
Timely testing phase kick-off for EBA CLEARING’s pan-European instant payment system
The financial institutions from across SEPA that fund the delivery of this infrastructure project witnessed the functioning of the new system in the test environment today during the kick-off meeting for the testing phase in Milan. The implementation of EBA CLEARING’s pan-European instant payment infrastructure platform is fully on track for its go-live in November 2017, on the launch date of the SCT Inst Scheme of the European Payments Council.
EBA CLEARING’s STEP2 SEPA Services saw a new all-time volume peak on 2 January 2017: more than 141 million transactions were settled on that day. On the same day, STEP2 SDD Core also reached a new individual peak record with a total of 105 million SEPA Core Direct Debits settled. December 2016 marked a record month for the EBA CLEARING’s SEDA Service, which processed more than 11.6 million transactions in total during that period.
Video of EBA CLEARING’s Sibos Session now available
The video of EBA CLEARING's Sibos Community Session "Fast, faster, instant" is now available online. Please click on the link below to view the video and hear from industry frontrunners about the pan-European real-time payment system they are developing for November 2017.
Sneak preview of system design of EBA CLEARING’s instant payment platform
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. The specifications will be published in the course of the summer.
Strong commitment among future users for the launch of EBA CLEARING’s pan-European instant payment platform
EBA CLEARING announced today that the Company has secured strong commitment among future users for the launch of its pan-European instant payment platform. With nearly 40 underwriting banks serving all customer segments throughout SEPA, EBA CLEARING will now proceed as planned with the delivery of its pan-European instant payment infrastructure solution for Q4 2017.
EBA CLEARING records a new peak in the Company’s history
EBA CLEARING records a new peak in the Company’s history: in March 2016 a total of 1 billion transactions have been settled in a single month. The record peak includes transactions settled in the EURO1/STEP1 Services, the STEP2 SEPA Services as well as the STEP2 Card Clearing Service.
New peak for SEDA Service
EBA CLEARING’s SEDA Service has witnessed a new peak with more than 10.5 million transactions in total in March.
EBA CLEARING and SIA sign letter of intent
EBA CLEARING and SIA have signed a letter of intent for the technical delivery of a pan-European infrastructure solution for instant payments.
EBA CLEARING’s STEP2 platform has seen a new all-time peak: more than 134 million transactions were settled on 4 January 2016. STEP2 SDD Core has also seen a new volume record with a total of 103 million SEPA Core Direct Debits settled on the same day.