The European Payment Institutions Federation (EPIF) would like to formally invite you to the EPIF’s first annual public workshop on 9th November in Brussels at our offices in Rue de la Science, 14B, from 9:00 to 14:15h, including lunch.
EPIF was created in July 2011 to represent the interests of the non-banking Payment Institutions at the European level. Directly and indirectly EPIF represents roughly 250 payment institutions in Europe covering a range of business models. EPIF brings together European and international companies in the remittance sector, three party card schemes, third party providers, cross-border acquirers, payment processors, electronic payment providers, fx traders, electronic wallet providers and operators of mobile payments. Since 2011, EPIF has gone from strength to strength and is now an important well established trade association in Brussels.
The format of the event will be a half day panel discussions and keynote speeches from the key policy makers in the area of payments.
Should you be interested in attending the Workshop please send us an email to: firstname.lastname@example.org
EPIF is deligthed to announce that on 13th January 2016 David Courtnage from Ametican Express has been elected as the new Vice Chair of the Board. At the same meeting Elie Beyrouthy, Western Union, was elected to succeed Wolfgang Maschek as Chair of the Technical Committee.
EPIF is delighted to announce that Elavon has joined the EPIF Board.
At its meeting on 18 November 2015 the European Payment Institutions Federation (EPIF) Board elected Derrick Brown of Worldpay as Chair of the Board. Derrick is succeeding Sarah Sheehan of American Express who held this position since the founding of EPIF in July 2011.
The European Payment Institutions Federation (EPIF) is pleased to announce that Nickolas Reinhardt, Head of the EPIF Secretariat, will be speaking at the Global Forum on Remittances and Development 2015 (GFRD) which is being hosted in Milan on 16th-19th June 2015.
On 26-27 March 2015 the European Payment Institutions Federation (EPIF) hosted the ‘Private Sector Consultative Forum (PSCF)’ of the Financial Action Task Force (FATF) in Brussels.
FATF is a global standard setting body for anti-money laundering (AML) and counter-terrorist financing (CFT) measures. Over 160 participants representing the financial sector and other businesses, civil society, and representatives of FATF members and observers attended the meeting.
The European Payments Institutions Federation (EPIF), the European Digital Media Association (EDiMA), Ecommerce Europe, the Computer And Communications Industry Association (CCIA) and the Electronic Money Association (EMA) have joined forces to call on European policy-makers to rethink their approach to digital payment security in the revised Payments Services Directive (PSD2).
The press release details the concerns of these associations regarding the process of payment authentication which EU payment providers would be burdened with if the PSD2 was to be adopted in its current form.
The European Payment Institutions Federation (EPIF) is pleased to welcome SOFORT AG as a premium corporate member.
SOFORT AG offers products and services for the secure purchase of goods and digital products on the Internet. The company is part of the Klarna Group, a leading European payment provider. SOFORT AG is a leader among the direct transfer methods in Germany and Austria.
Sarah Sheehan, EPIF Chair, welcoming SOFORT said, “EPIF is delighted to welcome our newest member, SOFORT AG, which secures our second Third Party Provider in the EPIF membership. We now represent Europe’s two largest TPPs.”
The European Payment Institutions Federation would like to warmly welcome Alpha Card, as the newest core corporate member, and the German Federal Association of Payment Institution, (Bundesverband der Zahlungsinstitute, BVZI), as the 5th associate member.
Alpha Card is a card issuer and acquirer offering card services to both consumers and corporate customers in Belgium and Luxembourg.
The BVZI was established in response to the creation of Payment Institutions as the new category of payment service providers under the Payment Services Directive. The BVZI acts in its members’ common interests in dealing with legislative authorities and regulators. The Association has been invitated by the Ministry of Finance and the Deutsche Bundesbank to participate in the newly-founded German SEPA council.
Sarah Sheehan, EPIF Chair said “The addition of two new members, Alpha Card and BVZI, marks a strong start to 2015. This is a significant addition to our membership, which would hopefully lead to more successes throughout the year.”
The European Payment Institutions Federation is pleased to welcome Yapital and Payment Services Austria as its newest corporate members.
Yapital is a payment system offering fast, secure and cashless payment solutions across all channels, including in-store, mobile, online and by invoice. Founded in 2011 as a wholly-owned subsidiary of the Otto Group, Yapital launched its new service in 2013 and aims to play a leading role on the European payment systems market.
Payment Services Austria is a card-service-partner for Austrian Banks providing an efficient and high-quality platform for Debit Card Issuing and ATM Acquiring and is a leader in debit card issuing support in Austria.
From September 2014, the European Payment Institutions Federation (EPIF) welcomes Saxo Payments as its newest corporate member.
Saxo Payments is a payments institution specialising in global payments and FX conversions. Its main product, SaxoPay, enables clients to collect payments globally, open and close accounts in almost any jurisdiction, as well as handle FX conversions with a minimum risk and remit payments to merchants in almost any country worldwide.
Ms Sarah Sheehan, EPIF Chair, said “Representing Danish Payment Institutions has been one of the priorities for EPIF. We are pleased that with our newest member we are active in another important European country.”
The European Payment Institutions Federation (EPIF) is pleased to welcome its newest corporate member, Checkout.com.
Checkout.com is a fully integrated acquirer providing payment processing, advanced payment technology and fraud management services to leading e-commerce merchants. They are Principal Members of VISA, MasterCard, Diners and Discover, and Union Pay International.
The European Payment Institutions Federation welcomes its newest Associate Member, the Polish Payment Institutions Association (PONIP). PONIP joined EPIF at the beginning of May and is the fourth Associate Member EPIF currently has, representing a significant market player in the EU.
PONIP is a membership based organization of non bank payment service providers. PONIP members are companies providing innovative payment services both in an online and traditional basis.
The EPIF Chair, Ms Sarah Sheehan welcomed PONIP as a member and said " We are deligthed to welcome PONIP in EPIF, particularly in such a crucial period for the payments industry. Enlarging EPIF's geographical representation has always been one of our goals and we are pleased to increase the representation of PIs accross the EU."
EPIF organised a Workshop on the future regulation of the European payments sector on 28 January 2014. The event was hosted by the Rapporteur of the PSD2, Mr Diogo Feio MEP. Attending the Workshop were Members of the European Parliament, European Commission and Member State officials, representatives from consumer merchant and banking organisations, as well as EPIF’s members.
The Workshop was divided in five different sections covering the main areas of revision of the PSD.
The European Payment Institutions Federation (EPIF) is pleased to welcome PayPal as its 7th full member and latest addition to the EPIF Board.
PayPal is one of the leading internet payment services providers for online auction and ecommerce websites, such as eBay, as well as offline businesses. Processing more than 7.7 million payments every day, it is regarded as a driving force behind the growth of mobile commerce.
Sarah Sheehan, EPIF Chair, said “PayPal and other digital wallets represent key enablers for the growth of Europe’s digital economy. We are excited to have PayPal as a new member, and look forward to their contribution to the ongoing payments debate.”
EPIF organised a workshop on 4th September 2013 on ‘The interrelationship between the data protection and the AML regimes’ kindly hosted by the Civil Liberties, Justice and Home Affairs Comittee Rapporteur for the 4th Anti-Money Laundering Directive, Ms Judith Sargentini MEP.
EPIF sent a letter to the Commission in the framework of the ongoing consultation on the review of the European Supervisory Authorities. EPIF calls for a greater role and resources for the European Banking in the field of payments.
EPIF has submitted its response to the EPIF response to the ECON (Economic and Monetary Affairs Committee) public consultation on "enhancing the coherence of EU financial services legislation".
EPIF calls for more consistencty between the AML and the Data Protection legislation. It calls for a deeper harmonisation of the AML regime, to bring it in line with the PSD. Finally, EPIF is in favour of a better consultation of the industry in payments stakeholders groups and representation at the SEPA Council.
In response to the invitation to comment on the report from the European Commission to the European Parliament and the Council on the application of Directive 2005/60/EC on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing (the "Application Report"), we hereby share our views on such report.
One year on after its foundation, the European Payment Institutions Federation (EPIF) now has a total of 18 members and is continuing to grow as it looks to engage with EU institutions on a number of policy and regulatory issues.
In response to the EPC's request for detailed output as regards the proposed SEPA governance structure, the European Payment Institutions Federation has compiled the following list of outcomes which it would like to draw to the attention of the EPC, the ECB, the European Commission and the European Parliament.
The European Payment Institutions Federation’s response to the European Commission’s consultation on the green paper – Towards an integrated European market for card, internet and mobile payments.