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.

EPIF welcomes the launch of the Target Instant Payment Settlement (TIPS), and supports its goal of addressing the changes brought about by digitalisation, through enabling payment service providers’ to process customers’ fund transfers in real time throughout the EU. Elie Beyrouthy, Chair of EPIF states: “EPIF believes instant payments offer many opportunities, particularly in the [...]

Recognised as the European payments event in Brussels, EPIF’s Third Annual Workshop brought together over 100 policy-makers and industry participants to share their experience on the drivers of the next technology revolution in payments. European Commission Vice-President Valdis Dombrovskis announced that the results of the review of the Interchange Fee Regulation will be presented in [...]

In June, EPIF met with Gunter Mayr, Director-General of the Director Generate Tax Policy and Tax Law at the Austrian Finance Ministry in Vienna for a very constructive conversation on the Digital Tax proposal. Mr Mayr gave EPIF members an overview of the most recent discussions on the file, which is a political priority for [...]

EPIF is delighted to announce the establishment of a new Standards Task Force. This Task Force is responsible for providing advice, guidance and, where needed, instructions to EPIF’s external representatives related to preparing EPIF’s positions in relation to these initiatives and ensuring that these positions are aligned, while operating within EPIF’s corporate governance framework and [...]

EPIF is delighted to announce that following new elections, Elie Beyrouthy (American Express) has been appointed Chair of EPIF and Chloe MacEwen (Western Union) has been elected as Vice Chair for a second term. Outgoing Chair Derrick Brown commented: “It was a real pleasure to serve as Chair of EPIF for the last two years. [...]