Industry dialogue at pan-European and global level

In its wider dialogue with major industry bodies and stakeholders, the EBA represents its members with a country-neutral perspective and a practitioner’s voice.

The Association directly liaises with regulators, other authorities or industry bodies to help ensure a common understanding of any practical impact that new legal requirements or industry practices may have on the day-to-day payment handling of payment service providers and users. To this effect, the EBA collects viewpoints and issues business practices and other recommendations with the support of its members.

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Furthermore, the EBA contributes to the shaping of the future payments landscape through its participation in the following European and global bodies and groupings:

Set up by the European Commission, this expert group is composed of 40 experts in the area of payments, representing the supply and the demand side of the market. The group assists the Commission in the preparation of legislative acts or policy initiatives regarding payments, including fraud prevention issues related to the payment industry and users. It provides insight on the practical implementation of the policies and a forum to exchange views on current best practices and on potential issues of concern for the market.

For more information, please consult the European Commission’s website 

The EBA is a full member of the EMSFEI. The Forum has been set up by the Commission and brings together delegates from national e-invoicing fora and key stakeholders from the user side of the market. Its objective is to help pave the way for a broad-scale adoption of e-invoicing at both national and EU level. The Forum creates a unique opportunity to exchange experiences and best practices across borders. Furthermore, the Forum discusses issues of common interest, with the possibility to issue recommendations to the Commission.

For more information, please consult the European Commission’s website .

The purpose of the EPC, representing payment service providers (PSPs), is to support and promote European payments integration and development, notably the Single Euro Payments Area (SEPA). The EPC is committed to contributing to safe, reliable, efficient, convenient, economically balanced and sustainable payments, which meet the needs of payment service users and support the goals of competitiveness and innovation in an integrated European economy. The EBA is a member of the EPC and participates in several EPC working groups.

Together with the International Chamber of Commerce (ICC), the Bankers Association for Finance and Trade (BAFT), Factors Chain International (FCI), International Factors Group (IFG) and the International Trade and Forfaiting Association (ITFA), the EBA has formed the Global Supply Chain Finance (SCF) Forum in April 2014 with the aim to standardise and harmonise market terminology for global supply chain finance products and services.

SMART is a forum for banks and by banks, which is logistically supported by the EBA. The mission of this forum is to deal with open issues and uncertainties in relation to the implementation in practice of the SEPA Regulation requirements and to the banks’ day-to-day execution of SEPA Credit Transfers and Direct Debits, especially in the cross-border space. Its work is geared at bringing clarification to SEPA migration-related issues and defining industry best practices to support banks in their interbank and intra-bank handling of SEPA payments, independently of the payment infrastructure they use.