FIFTH EACHA PAYMENTS FORUM, STOCKHOLM 18 MAY 2016

The Eacha Payments Forum has in recent years become a preferred networking event for the retail payments clearing industry community in Europe. 135 representatives from EACHA members and their guests from 28 countries attended the Forum in Stockholm.

Click here for an impression about the event and the programme.

PLENARY MEETING 18 MAY, STOCKHOLM

The spring Plenary meeting took place in Stockholm, hosted by Bankgirot. EACHA welcomed the Slovenian ACH, Bankart, as a new member. The Director General of the EPC attended the meeting as observer and also presented on recent developments at the EPC.

EACHA INSTANT PAYMENTS INTEROPERABILITY FRAMEWORK

Already in 2013/2014, the EACHA Innovation Group identified Instant Payments as an important growth area for Europe and started to study the potential impacts on clearing. In 2015 and 2016 publications were issued outlining the issues and potential solutions for interoperability of Instant Payments, in a landscape of multiple providers of Instant Payments services, to ensure Pan-european reach. Since December 2015, EACHA actively participates to various working groups of the EPC, which are developing an “SCT-Inst” Rulebook. It also takes part in ad hoc task forces of the ECB. It aims to deliver an EACHA Instant Payments Interoperability Framework (EIPIF) in November 2016, aligned with the publication of the EPC’s “SCT-Inst” Rulebook.

CONTINUOUSLY WORKING ON INTEROPERABILITY IN SEPA

Interoperability is the ability to be consistently accessible to other payment service providers and processors. It goes without saying that interoperability is a key component for SEPA. EACHA aims to complement the SEPA standards developed by the European Payments Council (EPC) by establishing an interoperability framework. By standardising the technical and operating model for the interoperability of CSMs (Clearing and Settlement Mechanisms), EACHA aims to facilitate reach between infrastructures carrying out payment processing, clearing and settlement.
  
Since January 2006, the EACHA task force on interoperability has been working on these issues. This has resulted in the EACHA interoperability framework. Additional information is available under ‘Publications’.

The EACHA interoperability Framework is now in operation and is being used by a number of ACHs to exchange SEPA payments. For details of ACHS involved, see EACHA interoperability in operation
  
ACTIVE PARTICIPATION IN BANKING FORUMS
  

By actively participating in banking forums, EACHA has supported the self-regulatory efforts of the banking sector to create SEPA. EACHA stresses the importance of cooperation with all relevant parties, such as the European Central Bank (ECB) and the EPC. EACHA participates in the stakeholder forum of the EPC (the ESTF, together with clearing providers and technology providers).