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EBA releases EBA Fraud Taxonomy version 6.0
The Euro Banking Association (EBA) today issued version 6.0 of the EBA Fraud Taxonomy, which will take effect on 1 January 2026. The taxonomy is reviewed on an annual basis with the support of fraud fighters from financial institutions across Europe. The aim of this process is to ensure that the taxonomy continues to fit…
Read MoreEBA Board Report 2024
Download the Report of the Board to learn more about the EBA’s activities in 2024.
Read MoreEBA calls on PSPs to start planning now to be ready to start implementing OCT Inst in 2026
The EBA Expert Group on Cross-Border Payments (EGXP) calls on PSPs to make themselves reachable via the One-Leg-Out Instant Credit Transfer (OCT Inst) Scheme of the European Payments Council. The group recommends that PSPs begin resource planning with the goal to start implementation in 2026. In time for EBAday 2025, the EGXP released a sneak…
Read MoreNew EBA report examines the impact of upcoming regulation on the liquidity management ecosystem
The Euro Banking Association (EBA) today announced the publication of a new report by its Liquidity Management Working Group (LMWG). “Navigating new waters: The ripple effects of regulation on liquidity management” addresses the changes that the EU’s application of Basel III, the third Capital Requirements Regulation (CRR III), will bring to today’s capital adequacy measures. Read…
Read MoreEBA, Capgemini and Microsoft release joint paper: The Business Relevance of Cloud Adoption
In this thought leadership piece, the financial industry players identify the public cloud as a key enabler of advancements in the financial sector, while highlighting challenges and risks that must be managed carefully. Read the publication
Read MoreEBA welcomes new Board member
As from 4 November 2024, Wim Grosemans of BNP Paribas Fortis, whose application has been supported by the EBA member community based in Belgium, has joined the Board of the Euro Banking Association. Wim takes over the Board seat held by Krister Billing prior to his appointment as EBA Deputy Chairman in June 2024.
Read MoreImproving 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…
Read MoreNew 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…
Read MoreEBA 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 MoreEuro 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…
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