Updated Joint Statement on MITs under the PSR
EPIF is now very happy to share with you that HOTREC – Hotels, Restaurants, Bars & Cafés in Europe also supports, together with the American Chamber of Commerce to the European Union (AmCham EU), CCIA Europe, Ecommerce Europe, Electronic Money Association, eu travel tech, EuroCommerce, MRC | Merchant Risk Council, European FinTech Association (EFA), EPSM [...]
EPIF Letter on de-risking safeguarding and the link to the SFD implementation
Shared with DG FISMA, European Commission and European Central Bank (ECB), this paper states EPIF's position on the issues of de-risking and safeguarding in PSD3 and PSR and the effective implementation of the revisions of the Settlement Finality Directive with regards to access to intra-bank payment systems. Our members have long been concerned about market [...]
EPIF views on fraud under the PSR
EPIF is delighted to share with you its views on fraud under the PSR and its proposal for a more comprehensive fraud prevention approach. Fraud is a societal risk that jeopardizes the safe functioning of the digital economy. To properly tackle fraud, it is necessary to implement a wide range of tools that allow all [...]
EPIF position paper on the PSD3/PSR
EPIF is delighted to share its position paper on the recent proposals on payment services (PSD3/PSR). EPIF very much welcomes these proposals, in particular the ambitious approach taken by the European Commission to move towards a Single Rulebook. This is an important step to further deepen the EU’s Single Market for payments and reduce divergences [...]
EPIF recommendations on the PSD2 Review
EPIF is delighted to share with you its views and recommendations ahead of the expected proposal by the European Commission revising the PSD2. EPIF members have always been supportive of the PSD2's goals of being a maximum harmonisation Directive. With this in mind, our recommendations focus on the areas we believe warrant a closer and more urgent [...]
EPIF response to the European Commission’s consultation on the revision of the PSD2
EPIF is delighted to share its response to the European Commission's targeted consultation on the review of the revised Payment Service Directive (PSD2). The payments landscape has changed in the last years, with the entry into force of the PSD2 and developments in technology and FinTech introducing many new players and new payment solutions into [...]
EPIF response to the EBA Consultation on 90 day re-authentication
EPIF is delighted to share with you its response to the EBA Consultation on the amendment to its technical standards on strong customer authentication and secure communication in relation to the 90-day exemption for account access. EPIF welcomes the EBA initiative to reassess some of the practical issues around Strong Customer Authentication (SCA) in the [...]
EPIF response to EBA Consultation on the Guidelines on Limited Network Exclusions under PSD2
EPIF is delighted to share with you its response to the EBA Consultation on the Guidelines on Limited Network Exclusions under PSD2. EPIF welcomes the opportunity to reply to this consultation. We strongly support the limited network exclusion (LNE) and agree that there is a need for clearer guidance regarding the scope of the LNE. [...]