Upcoming events
- Open Finance Working Group meeting
- 08th November 2024
- Conference call
-
EBA Winter School 2024
"The X-border Factor. Innovative business models in cross-border payments" - 19th - 21st November 2024
- La Hulpe, Belgium
- Open Finance Working Group meeting
- 19th November 2024
- Brussels, Belgium
Latest news
Improving cross-border payments: Euro Banking Association survey helps PSPs determine next steps
The Euro Banking Association (EBA) today released the findings of the EBA survey on cross-border payments initiatives. The survey was developed by the EBA Expert Group on Cross-Border Payments (EGXP) and was conducted earlier this year. The EBA invited its member banks to provide feedback on two core aspects: the extent to which relevant industry initiatives could improve cross-border payments in line with the targets and objectives of the G20 Roadmap and the prerequisites needed for the market adoption of these initiatives.
New report by EBA explores future requirements for new forms of digital money
The Euro Banking Association (EBA) today released a new report by its Digital Currencies & Smart Payments Working Group.
“Re-inventing money: Considerations on future requirements for new forms of digital money” explores future requirements for new forms of digital money with a focus on its use for corporate customers.
The report investigates how technological innovations are transforming not only the banking industry at large, but money itself. Distributed Ledger Technology (DLT) is at the heart of this transformation but continues to pose challenges for financial institutions and their corporate customers.
EBA issues practitioners’ recommendations for euro instant payments requiring FX conversion
The Euro Banking Association (EBA) released a recommendation note for euro instant payments requiring FX conversion.
The note was put together by a sub-group of the EBA Practitioners Group on Instant Payments, and spells out how foreign exchange (FX) experts and other payment practitioners understand the regulation obligations impacting these 24/7/365 real-time transactions.
Based on this understanding, the note provides practical recommendations for the operational handling of these transactions.