EBA Clearing

Policymaking Comes to Money20/20 Europe

Retrieved on: 
Thursday, June 1, 2023

“Money20/20 is the place where the entire money ecosystem comes together to debate and understand the rules for the future of financial services,” said Scarlett Sieber, Chief Strategy & Growth Officer at Money20/20.

Key Points: 
  • “Money20/20 is the place where the entire money ecosystem comes together to debate and understand the rules for the future of financial services,” said Scarlett Sieber, Chief Strategy & Growth Officer at Money20/20.
  • “ Digitising the Financial System, One Bond at a Time ” will take place on the Fusion Stage on Tuesday, 6 June at 11:40 CET.
  • “ Making sense of MiCA ” on the Elements Stage on Wednesday, 7 June at 11:20 CET is Vishal Sacheendran, Director, MENA & Europe at Binance.
  • At 15:20 CET on Wednesday, 7 June on the Fusion stage, it’s Germany’s turn to discuss tokenised securities.

Saga Pure: Contemplating establishment and subsequent listing of new investment company

Retrieved on: 
Wednesday, November 9, 2022

The Board of Directors considers the company to be overcapitalized and proposes to the extraordinary general meeting (EGM) to establish a new investment company to invest in distressed assets.

Key Points: 
  • The Board of Directors considers the company to be overcapitalized and proposes to the extraordinary general meeting (EGM) to establish a new investment company to invest in distressed assets.
  • The Board of Directors considers the company to be overcapitalized and proposes to the extraordinary general meeting (EGM) to establish a new investment company.
  • To capitalize on these opportunities, the Board of Directors has proposed to establish a new investment company with a broader investment mandate," says Bjrn Simonsen, Chief Executive Officer of Saga Pure.
  • Saga Pure ASA is an investment company focusing on opportunities within renewable energy, hydrogen, circular economy and CO2-reduction.

Saga Pure: Contemplating establishment and subsequent listing of new investment company

Retrieved on: 
Wednesday, November 9, 2022

The Board of Directors considers the company to be overcapitalized and proposes to the extraordinary general meeting (EGM) to establish a new investment company to invest in distressed assets.

Key Points: 
  • The Board of Directors considers the company to be overcapitalized and proposes to the extraordinary general meeting (EGM) to establish a new investment company to invest in distressed assets.
  • The Board of Directors considers the company to be overcapitalized and proposes to the extraordinary general meeting (EGM) to establish a new investment company.
  • To capitalize on these opportunities, the Board of Directors has proposed to establish a new investment company with a broader investment mandate," says Bjrn Simonsen, Chief Executive Officer of Saga Pure.
  • Saga Pure ASA is an investment company focusing on opportunities within renewable energy, hydrogen, circular economy and CO2-reduction.

SWIFT Delivers Major Milestones in Strategy for Instant and Frictionless Transactions, and Sets the Stage for Global Adoption In 2022

Retrieved on: 
Tuesday, December 14, 2021

The innovations SWIFT has brought to market this year are central to its strategic agenda to support the transformation of the global industry.

Key Points: 
  • The innovations SWIFT has brought to market this year are central to its strategic agenda to support the transformation of the global industry.
  • SWIFT Go, launched in July, significantly improves the experience for consumers and small businesses sending low-value cross-border payments.
  • Payment Pre-validation eliminates one of the leading causes for international payments to stop or lose time incorrect payee information.
  • We appreciate the open dialogue with SWIFT, as well as its commitment to understanding Wells Fargos global transaction banking priorities.

 Volume of Real-time Payments Surges During Pandemic, FIS Reports in New Study

Retrieved on: 
Monday, October 5, 2020

In the U.S, more than 130 financial institutions are currently implementing real-time payments, a five-fold increase since September 2019.

Key Points: 
  • In the U.S, more than 130 financial institutions are currently implementing real-time payments, a five-fold increase since September 2019.
  • More than half (56%) of all European payments service providers have joined the pan-European SEPA Credit Transfer Instant Payments network, which brings cross-border and instant payments to 20 countries.
  • Vietnam and Hungary added real-time payments networks since last year, bringing the total number of countries with such schemes to 56.
  • Request to Pay (R2P), cross-border payments, and corporate treasury business-to-business payments are driving adoption of real-time payments networks globally, according to the FIS report.

Spain Cards and Payments Industry: Opportunities and Risks to 2023 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, August 19, 2020

The "Spain Cards and Payments - Opportunities and Risks to 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Spain Cards and Payments - Opportunities and Risks to 2023" report has been added to ResearchAndMarkets.com's offering.
  • The report provides detailed analysis of market trends in the Spanish cards and payments industry.
  • The report provides top-level market analysis, information and insights into the Spanish cards and payments industry, including:
    Current and forecast values for each market in the Spanish cards and payments industry, including debit, credit, and charge cards.
  • The European Payments Council launched a pan-European instant credit transfer scheme in selected Single Euro Payments Area (SEPA) markets in November 2017.

SPA Proposes Card-based Solution for Instant Payments in Europe

Retrieved on: 
Monday, May 4, 2020

MUNICH, Germany, May 4, 2020 /PRNewswire/ -- Smart Payment Association (SPA), the global trade body of the smart payments industry, today publishes proposals for an Instant Payment Card that would extend SEPA instant Credit Transfer functionality to consumers paying at point of sale (POS) terminals in stores and retail outlets across Europe.

Key Points: 
  • MUNICH, Germany, May 4, 2020 /PRNewswire/ -- Smart Payment Association (SPA), the global trade body of the smart payments industry, today publishes proposals for an Instant Payment Card that would extend SEPA instant Credit Transfer functionality to consumers paying at point of sale (POS) terminals in stores and retail outlets across Europe.
  • Often termed the closest thing to paying with cash, an instant payment solution allows payments by individuals or businesses to be made (and funds transferred and available) in real time, even during evenings and weekends when other options are unavailable.
  • They aim to build on the enthusiasm for such a solution amongst many retailers further raising interest and triggering discussions within the wider payments industry."
  • SPA would be pleased to engage with interested parties to pursue these discussions and contribute to the creation of a pan European payment solution based on instant credit transfer.

SPA Proposes Card-based Solution for Instant Payments in Europe

Retrieved on: 
Monday, May 4, 2020

MUNICH, Germany, May 4, 2020 /PRNewswire/ -- Smart Payment Association (SPA), the global trade body of the smart payments industry, today publishes proposals for an Instant Payment Card that would extend SEPA instant Credit Transfer functionality to consumers paying at point of sale (POS) terminals in stores and retail outlets across Europe.

Key Points: 
  • MUNICH, Germany, May 4, 2020 /PRNewswire/ -- Smart Payment Association (SPA), the global trade body of the smart payments industry, today publishes proposals for an Instant Payment Card that would extend SEPA instant Credit Transfer functionality to consumers paying at point of sale (POS) terminals in stores and retail outlets across Europe.
  • Often termed the closest thing to paying with cash, an instant payment solution allows payments by individuals or businesses to be made (and funds transferred and available) in real time, even during evenings and weekends when other options are unavailable.
  • They aim to build on the enthusiasm for such a solution amongst many retailers further raising interest and triggering discussions within the wider payments industry."
  • SPA would be pleased to engage with interested parties to pursue these discussions and contribute to the creation of a pan European payment solution based on instant credit transfer.

Wells Fargo Launches Ability to Send Payments on the RTP® Network

Retrieved on: 
Tuesday, November 19, 2019

Wells Fargo previously rolled out capabilities for both retail and wholesale customers to receive payments over the RTP network at the end of 2018.

Key Points: 
  • Wells Fargo previously rolled out capabilities for both retail and wholesale customers to receive payments over the RTP network at the end of 2018.
  • The ability to send transactions on the RTP network gives our customers yet another option for moving money when and how they want.
  • The RTP network, the real-time payments platform from The Clearing House, is the first new core payments infrastructure built in the U.S. in more than 40 years.
  • The Clearing House, a banking association and payments company owned by 24 commercial banks that operate in the U.S., including Wells Fargo, developed the RTP network.

RoadSync Adds Direct Billing and ACH Payment Options to Platform

Retrieved on: 
Thursday, September 26, 2019

ATLANTA, Sept. 26, 2019 (GLOBE NEWSWIRE) -- RoadSync , a digital payment platform for the logistics industry, has added direct billing and Automated Clearing House (ACH) payment capabilities to its platform.

Key Points: 
  • ATLANTA, Sept. 26, 2019 (GLOBE NEWSWIRE) -- RoadSync , a digital payment platform for the logistics industry, has added direct billing and Automated Clearing House (ACH) payment capabilities to its platform.
  • With the companys new direct billing feature, customers can track payments and charges over time, bundle these into invoices, and bill on a weekly or monthly basis.
  • Another new feature is that ACH payments have been added to the RoadSync platform, giving customers the ability to choose automatic recurring payments and pay straight from the bank.
  • RoadSync, founded in 2015, is the digital payment platform for the logistics industry.