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…

Read More

Euro Banking Association issues practitioners’ recommendations for euro instant payments requiring FX conversion

The Euro Banking Association (EBA) today released recommendations to help practitioners deal with Instant Payments Regulation requirements for euro instant payments involving a currency conversion. Driven by representatives of 18 account-servicing payment service providers (AS-PSPs) from 11 European countries, the recommendation note spells out how foreign exchange (FX) experts and other payment practitioners understand the regulation…

Read More

Euro Banking Association publishes paper on navigating the path to embedded finance

The Euro Banking Association (EBA) today released a report on “Navigating the path to embedded finance”. The report is based on research by the EBA’s Open Finance Working Group (OFWG), which aims to provide guidance for EBA members to understand the fundamental mechanisms of embedded finance, grasp the opportunities it provides, identify promising embedded finance…

Read More

Euro Banking Association publishes paper on navigating the path to embedded finance

The Euro Banking Association (EBA) today released a report on “Navigating the path to embedded finance”. The report is based on research by the EBA’s Open Finance Working Group (OFWG), which aims to provide guidance for EBA members to understand the fundamental mechanisms of embedded finance, grasp the opportunities it provides, identify promising embedded finance…

Read More

EBA Board elections 2024

At the EBA Annual General Meeting 2023, EBA Board Member Krister Billing (SEB) was elected Deputy Chairperson. He succeeds José Vicente (Banco Comercial Português) who has retired from the EBA Board. Furthermore, EBA Board members Yvonne Barrie (Bank of Ireland), Cristina Conde Yubero (CaixaBank), Claudio Magnaghi (Banco BPM), Simon McConnell (Citibank Europe) and Edwin Sanders (Rabobank) were re-elected for another three-year term.

Read More