PSA Payment Services Austria joins the Berlin Group PSA Payment Services Austria GmbH has recently decided to join the Berlin Group. PSA Payment Services Austria was founded in 2012 by splitting the former PayLife Bank Gmbh (now SIX Payment Services Austria) into two companies. PSA is 100% owned by the Austrian banks and is specialised…
View detailsPRESS RELEASE – Berlin Group NextGenPSD2 launches Public Market Consultation With the release of a press statement today, the Berlin Group NextGenPSD2 Taskforce announced the launch of a 6-weeks public market consultation on its NextGenPSD2 Access to Accounts (XS2A) Standard. The standard enables Third Party Providers (TPPs) to access bank accounts under the revised Payment…
View detailsPRESS RELEASE – Berlin Group NextGenPSD2 announced creation of European PSD2 API standard With the release of a press statement today, the Berlin Group NextGenPSD2 Taskforce announced the creation of an open, common and harmonised European API (Application Programming Interface) standard to enable Third Party Providers (TPPs) to access bank accounts under the revised Payment…
View detailsVersion 1.0 of Mobile P2P Interoperability Framework published The Berlin Group has officially published Version 1.0 of the Mobile P2P Interoperability Framework on its website. The Framework documents define a standard set of functional and technical requirements to enable a pan-European, interoperable and scalable Mobile P2P acceptance across the SEPA area, based on open industry…
View detailsBerlin Group initiates a PSD2 Access to Account Framework The revised Payment Services Directive (EU 2015/2366, also known as PSD2) came into force on 12 January 2016 and for most of the provisions, Member States will have until 13 January 2018 to implement them into national laws. The most debated and impactful parts of the…
View detailsJoint Initiative publishes Mobile P2P Feasibility Study The Joint Initiative of the Berlin Group, leading Mobile P2P scheme services in Europe, and associated infrastructure providers, has published its first phase deliverable of a ‘Technical Feasibility Study on pan-European Mobile P2P Interoperability’, showing how open, harmonised and scheme-independent standards for interoperability between regional Mobile P2P payment…
View detailsGerman Central Bank publishes article on the SEPA Card Clearing Framework In the Spring Edition of the Journal of Payments Strategy & Systems, the German Central Bank (Bundesbank) recently published an article on the SEPA Card Clearing (SCC) Framework. The authors, responsible for policy issues relating to retail payment systems, argue why the SCC Framework…
View detailsBerlin Group joins initiative on instant (realtime) pan-European Mobile P2P Interoperability Following the Berlin Group Plenary decision of November 2014 to investigate the implications of realtime requirements on existing Berlin Group standards and to start working on harmonised standards for instant (realtime) payments, a dedicated Berlin Group taskforce has started to work on a technical…
View detailsBerlin Group focuses on tokenisation and instant (realtime) payments The Berlin Group Plenary meeting of November 2014 has confirmed the strategy to integrate tokenisation and instant (realtime) payments into the Berlin Group specifications. The possible use and merits for integration of tokens into Berlin Group specifications will be assessed once tokenisation support for the European…
View detailsBerlin Group has issued Version 2.0 Release Note 2014 of SCC The Berlin Group has issued the Release Note 2014 for Version 2.0 of the SEPA Card Clearing Framework (SCC). SCC provides the first implementation of the XML extension approach of ISO20022 to mass payment services. The new release contains some errata detected in first…
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