WSBI ESBG

Payments

Payments: steady, safe, sovereign

The emergence of EU-wide cross-border instant payment solutions

European policymakers are particularly keen on ensuring that future developments in the field of instant payments lead to the emergence of EU-wide cross-border instant payment solution(s) in euros, due to fears that foreign governments could hold leverage over the EU if global companies from non-European countries, as service providers with global market power, will not necessarily act in the best interest of European stakeholders.


Payment Accounts Directive

It is very easy for consumers to change accounts due to the account switching services, especially since the implementation of the Payment Account Directive 2014/92, which specifies the requirements for account switching services within the European Union.

Our latest content on Payments

Clear and fair rules for the use of machine learning in Internal Rating Based models

The European Savings and Retail Banking Group welcomes the initiative of the European Banking Authority to discuss the implications of the use of machine learning in the internal rating based models…

Call to EBA for equal treatment of actors when accessing consumer payment accounts

The European Savings and Retail Banking Group (ESBG) welcomes the opportunity to respond to the public consultation from the European Banking Authority (EBA) on the amendment of its Regulatory…

ESBG response to consultation on Pillar 3 disclosure of IRRBB

ESBG proposes to further delay the disclosure of the net interest income (NII) risk measures until the EBA requirements for these NII risk measures are specified.

Digital Euro Quote

ECB and ESBG committed to a successful Digital Euro

BRUSSELS, 15 July 2021 – ESBG welcomes the decision of the Governing Council of the European Central Bank (ECB) to launch the investigation phase of the digital euro project as announced by the…

Euro slider by Tabrez Syed

ESBG analyses digital euro’s main challenges

BRUSSELS, 6 July 2021 – Since the publication of the report on a digital euro in October 2020, ESBG and its members have been following closely and with great interest the developments made by the…

ESBG’s Head of Payments appointed as member of EU Commission Expert Group

BRUSSELS, 1 June 2021 - The European Savings and Retail Banking Group (ESBG)’s Head of Payments and Innovation, Diederik Bruggink, 52, has been appointed as member of the European Commission’s…