LATEST NEWS
For the first time in service history, the short month of February saw higher volumes than January. And not only that: February 2025 set new all-time records for both the average daily transactions processed and their value. At the same time, RT1 performance levels and rejection rates stayed the same despite the rising volumes. Going forward, EBA CLEARING is continuing to work with its RT1 user community to finetune end-to-end processes for the volume growth to come.
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RT1 registers volume boost – and is ready for more
For the first time in service history, the short month of February saw higher volumes than January. And not only that: February 2025 set new all-time records for both the average daily transactions processed and their value. At the same time, RT1 performance levels and rejection rates stayed the same despite the rising volumes. Going forward, EBA CLEARING is continuing to work with its RT1 user community to finetune end-to-end processes for the volume growth to come.
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The pan-European Verification of Payee solution is ready for roll-out OP Corporate Bank and EBA CLEARING have announced today the successful completion of the first Verification of Payee (VOP)…
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In December 2024, over two billion payments were processed via the EBA CLEARING services. Traditionally a peak month, December 2024 set new records all around. For the first time ever,…
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RT1 OCT Inst Service leverages existing building blocks to support RT1 Participants with a smooth onboarding RT1 Participants are eager to re-use the pan-European instant payment infrastructure for cross-border payments…
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Verification of Payee: why pan-European cooperation matters
At EBAday 2024, Hays Littlejohn and Erwin Kulk explain how network-based fraud pattern and anomaly detection can boost the customer experience and safety provided by verification of payee checks. The pair exposes the added value that EBA Clearing’s pan-European verification of payee solution will bring as from its launch in December 2024. Cooperation on fraud mitigation was one of the biggest topics at EBAday and this practical example of a collectively designed and delivered toolset makes it clear why joining forces against fraud matters.
