EPIF’s Fourth Annual Conference on 6th November 2019 in Brussels brought together over 120 policymakers and industry participants to share their views and expectations of the European payments sector and to share their expectations for developments in this area over the next five years. Please find below the summary of the conference.

EPIF is delighted to share with you its response to the OECD's consultation call on its proposed Unified Approach under Pillar One. EPIF  is supportive of the OECD’s efforts to reform the global taxation system to meet the needs of the Digital Age and ensure fair distribution of tax revenue. We strongly believe that any [...]

The European Payment Institutions Federation, the European Banking Federation, the European Savings and Retail Banking Group and the European Association of Co-operative Banks note the adoption today by the ECOFIN Council of the proposal on VAT-related information reporting requirements imposed on Banks and Payment Service Providers. Throughout the legislative procedure we have consistently raised concerns [...]

Following the joint industry letter on SCA Implementation, EPIF has taken the lead on a further joint industry letter to the EBA on harmonised SCA implementation roadmap . The letter has been co-signed by: European Payment Institutions Federation (EPIF) European Association of Payments Service Providers For Merchants (EPSM) Computer and Communications Industry Association (CCIA) European [...]

EPIF has taken the lead on a further joint industry letter to the EBA on SCA Implementation. We jointly share the goal of a harmonised EU implementation of SCA. In a first instance we have therefore called on the EBA to use its suasion to encourage all NCAs to communicate publicly that they will adopt [...]

EPIF is pleased to share with you an Article that Ignacio González-Páramo, Vice President of Regulatory Affairs of Payvision wrote on how to leverage SCA and PSD2 requirements for the financial industry to attain actual success. Please find the link to the article here.

EPIF is delighted to share with you a joint industry statement that we have prepared on SCA Implementation. With this statement we would like to express support of the goals of SCA to reduce fraud and increase consumer trust in electronic payments. However, we would like to reiterate that a migration towards SCA requires significant [...]

EPIF welcomes the decision by the EBA and NCAs to grant a degree of flexibility in the practical implementation of SCA requirements. EPIF recently held a workshop on the challenges of SCA implementation; we were impressed by the response we got from the merchant community and other payment providers and networks. In total more than [...]

EPIF brought together the relevant stakeholders in the payments chain to discuss the implementation of SCA requirements with the European Commission and representatives of national competent authorities on Tuesday 21 May. Taking place in advance of the fast approaching 14 September deadline, the workshop was a unique opportunity to bring together EPIF members, representatives of [...]

EPIF is delighted to share with you an article prepared by Western Union on the consequences of Bank De-Risking. Please find the article here.