Credorax from Malta joins the Berlin Group Credorax from Malta has recently decided to join the Berlin Group. Credorax: ”We are the fastest-growing cross-border merchant acquiring bank and processor, offering cross-border solutions to global merchants and payment service providers. Powered by next generation technology, Credorax provides smart acquiring and processing capabilities in more than 30…
DetailsSEPA Card Clearing Framework meets European standards At the instigation of the European Central Bank and the European Commission, the Cards Stakeholder Group (today’s European Cards Stakeholder Group ECSG) was set up in 2009 to develop and promote Europe-wide card payment standards. The ECSG pursues this goal through the maintenance and evolution of the SEPA…
DetailsRaiffeisen Group from Switzerland joins the Berlin Group Raiffeisen Schweiz has recently decided to join the Berlin Group. The Raiffeisen Group is the leading Swiss retail bank and the third largest force in the Swiss banking sector. Every other Swiss adult and every 3rd company is client of Raiffeisen. Raiffeisen Group is leader in mortgage…
DetailsPRESS RELEASE – Berlin Group publishes Version 1.0 of the NextGenPSD2 Framework Today, the Berlin Group has published Version 1.0 of the NextGenPSD2 Access to Accounts (XS2A) Framework that enables Third Party Providers (TPPs) to access bank accounts under the revised Payment Services Directive (PSD2). Version 1.0 integrates extensive public market consultation feedback and is…
DetailsMastercard Europe joins the Berlin Group Mastercard Europe has recently decided to join the Berlin Group. Mastercard is well known as the international payment scheme and technology company in the global payments industry, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. Mastercard aims to make everyday commerce activities…
DetailsPSA 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…
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…
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…
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…
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…
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