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EBA Clearing to provide pan-European verification of payee
08 April 2024 Europe
Reporter: Jack McRae

This will come into practice by December 2024

EBA Clearing to launch OCT Inst credit transfer service on R1
26 March 2024 France
Reporter: Klea Neza

The new service will enable payment service providers (PSPs) operating in SEPA to process incoming and outgoing international credit transfers through RT, says EBA Clearing

EBA Clearing issues FPAD specifications
14 September 2023 France
Reporter: Lucy Carter

The company has also launched a developer portal and sandbox to support the development and testing of FPAD’s application programme interfaces

EBA Clearing’s instant payment service RT1 marks fifth anniversary
21 November 2022 Europe
Reporter: Lyndsey Young

The service currently reaches 85 per cent of bank customers in SEPA and processes over two million transactions worth €1.5 billion euro per day on average

IXB pilot service set to revolutionise cross-border payments, says SWIFT, EBA and TCH
06 October 2022 Belgium
Reporter: Jenna Lomax

The IXB pilot service will leverage the existing real-time payment systems RTP in the US, run by TCH, and EBA CLEARING’s RT1 in Europe

STEP2 completes migration to continuous gross settlement
12 July 2022 France
Reporter: Holly Shelton

STEP2 concludes migration to the new continuous gross settlement, allowing banks across Europe to shorten end-to-end processing timelines for SEPA payments

EBA CLEARING, SWIFT and TCH launch pilot service for immediate cross-border payments
29 April 2022 France
Reporter: Jenna Lomax

EBA CLEARING, SWIFT and The Clearing House is to launch a pilot service for immediate cross-border payments to improve cross-border payments by utilising the fastest domestic payment options

STEP2 to process payments within minutes and around the clock
18 January 2021 France
Reporter: Jenna Lomax

The planned upgrade will enable STEP2 participants to shorten end-to-end processing timelines for retail payments in euro from hours to minutes, for the benefit of European businesses and consumers

EBA Clearing successfully completes migration of RT1 technical account to TIPS
13 December 2021 France
Reporter: Jenna Lomax

EBA Clearing has completed a successful migration of the RT1 technical account from TARGET2 to the TARGET Instant Payment Settlement

EBA Clearing, SWIFT and TCH join forces to enhance cross-border payments
11 October 2021 Belgium
Reporter: Maddie Saghir

EBA Clearing, SWIFT and TCH have completed a proof of concept as part of a new initiative to make cross-border payments as seamless as the fastest domestic payment options

Volante and SIA team up to help increase digital payments adoption in Europe
15 June 2021 UK
Reporter: Becky Bellamy

The partnership will allow the banking and financial communities to send and receive payments in 10 seconds or less for a maximum amount currently set at €100,000 per individual transaction

EBA Clearing collaborates with Iberpay on new request-to-pay scheme
15 June 2021 Spain
Reporter: Maddie Saghir

Payment service providers and other service providers adhering to this new SEPA scheme may now exchange SRTP messages end to end, in split seconds and across Europe