Payments Services Directive
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Cheat Sheet: Sepa one year on
News The directive focuses on the processes needed to settle payments in the space of a couple of days, rather than the couple of weeks it takes in some countries. The launch of direct debit transfers happens... [16 Jan 2009]
Sepa adoption 'could take five years'
News Despite calls for a deadline forcing corporates to sign up to the Single Euro Payments Area (Sepa), it could be another five years before the directive is fully adopted. Cheat Sheets Faster... [18 Nov 2008]
Cheat Sheet: Faster Payments Services
Cheat Sheet EU countries are obliged to comply with the Payments Services Directive, which it adopted in 2007, but with a deadline for member countries to implement the service of 1 November 2009.... [22 Sep 2008]
Banks, business suffering Sepa confusion
News A separate study by consultancy Logica of 22 banks across the EU revealed widespread confusion about the Payments Services Directive (PSD), which concerns cutting the time taken to... [16 Sep 2008]
Banks unprepared for EU payments directive
News The cost of complying with the EU Payments Services Directive (PSD) could amount to €6bn over the next 18 months for 30 of the biggest international banks in Europe. Just under a third... [14 Jul 2008]
Faster payments ends wait for bank clearance
News Analysts see the EU-wide Payment Services Directive, which comes into force in November 2009, as the real launch-pad for faster payments across Europe. TowerGroup analyst Gareth Lodge... [27 May 2008]
Sepa fraud risk warning for businesses
News The Single Euro Payments Area (Sepa) directive came into operation at the beginning of the year and Faster Payments protocols are due to go live in May. As Europe starts to adopt... [03 Apr 2008]
European payment issues will top 2008 agenda
Comment The introduction of the Payment Services Directive will encourage this further, and many banks will face uncertain futures in their payments business. Non-traditional... [20 Dec 2007]
Top 10 financial services stories of the year
News Whether or not the sector would be able to become compliant with the Markets in Financial Instruments Directive (MiFID) by the 1 November deadline was uppermost in many silicon.com readers' minds. There was much... [17 Dec 2007]
Bigger is not always better
Comment Regulations such as Single Euro Payments Area (Sepa), Markets in Financial Instruments Directive (MiFID), Basel II and International Accounting Standards (IAS) are all enforcing the lawmakers' desire to... [02 Oct 2007]
RE:Viewing 2006: The year in financial services
News Europe's effort to regulate the investment bank industry through MiFID - or the Markets in Financial Instruments Directive - continued apace. Biometric payments, robo-trading and 'green' workstations... [19 Dec 2006]
EC to quiz banks on payment plans
News It is aimed at driving down cross-border transaction costs by 2010 but, as yet, the directive has been left to banks' interpretation as to how best to implement it. He warned: "With so many parties involved and such... [14 Feb 2006]
Behind the Headlines: E-money a non-starter says panel
News The move is currently being considered by Deutsche Telekom and Dutch telco KPN, after the EU cleared the way for such services with its e-money directive. Many of the card suppliers spend a small fortune... [28 Jul 2000]
Deutsche Telekom considers e-cash
News VISA, Mastercard and Amex also gained the right to offer their own money services, under the new directive. The E-Money Directive - passed last month by the European Union (EU) Council... [27 Jul 2000]
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