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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

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France

Although there are complications, Brexit is yet to slow the growth of Paris’s asset servicing and technological innovation

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