Blog post

We are excited to announce the release of our paper, “Navigating New Waters: The Ripple Effects of Regulation on Liquidity Management Part II”, prepared by the EBA Liquidity Working Group. This paper delves into the profound impact of macroeconomic volatility, regulatory developments, and technological innovation on liquidity management practices in banks and corporates in the…

Since 9 October 2025, payment service providers (PSPs) based in the eurozone are required to conduct verification of payee (VOP) checks under the Instant Payment Regulation (IPR). The VOP process set out in the IPR seems pretty straightforward: The payer provides the payee’s account identifier and name to their PSP. The payer’s PSP transfers that…

Enhancing cross-border payments has become a global priority, crystallised in the G20 Roadmap launched in 2020 by the Financial Stability Board (FSB) and the Committee on Payments and Market Infrastructures (CPMI). This roadmap sets ambitious 2027 targets to improve cost, speed, access and transparency, firmly embedding cross-border payment enhancements on the European agenda. Multiple forces…

As stipulated by the Instant Payments Regulation (IPR), payment service providers (PSPs) in the Eurozone will be required to perform verification of payee (VOP) on every credit transfer in the Single Euro Payments Area (SEPA), with a 9 October deadline to begin offering the service. While VOP is expected to further boost the security of…

Reimagining conditional payments in a digital era Imagine a financial ecosystem where payments are executed automatically – as soon as (and only if) specific, pre-agreed conditions are met. This is no longer a distant vision, but a rapidly emerging reality shaped by the evolution of conditional payments. Traditionally reliant on paper-based contracts and trusted intermediaries,…

The European financial sector is undergoing a profound transformation. As customer expectations evolve and digital-native players bring increasingly data-centric propositions to market, traditional financial institutions are stepping up their efforts to modernise their data infrastructure and offerings. In this rapidly changing landscape, the proposed Financial Data Access (FiDA) regulation is intended to become a cornerstone of the…

The slogan for EBAday 2025, which took place on 27 and 28 May 2025 at Les Salles du Carrousel, Paris, was “Shaping the future of payments and transaction banking – strategies for success”, although an equally fitting tagline would have been, “Getting things done.” While forward-looking topics like the digital euro, generative artificial intelligence (GenAI)…

Today’s payments ecosystem is marked by deep-rooted silos that impede effective coordination in the battle against fraud. National and regional communities often take distinct approaches, shaped by local regulation, industry initiatives or priorities. Different types of payments – such as card-based and account-to-account – are typically managed separately, with their own processes. These divisions often…

“As for the future, the task is not to foresee it, but to enable it.” These words, from the early 20th century French writer, Antoine de Saint-Exupéry, are more poignant today than ever before. They impart a philosophy that the Euro Banking Association (EBA) shares: to drive progress through practical action, not passive prediction. In doing…

In recent years, the liquidity management ecosystem has borne the weight of resurgent inflation, rising interest rates and geopolitical uncertainty. The next – and no less significant – challenge is maintaining compliance and prosperity in the wake of the third Capital Requirements Regulation (CRR III). This blog post explores how this regulation could impact cash…