European Payments Initiative

EPI Rolls Out Wero Instant Payment Solution Across Western Europe
EPI Rolls Out Wero Instant Payment Solution Across Western Europe
September 27, 2024  |  Digital Payments

A new digital wallet and instant payment solution dubbed “Wero” is reportedly being rolled out across western Europe. Backed by 16 of the European Union’s...

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Consumer Trust Gives Banks AI Edge Over FinTechs Because of Cash Usage, Says SocGen
Consumer Trust Gives Banks AI Edge Over FinTechs Because of Cash Usage, Says SocGen
May 11, 2023  |  artificial intelligence

One of the common views about Europe is how highly fragmented the regional market — 44 countries, multiple languages, and a myriad of payment methods...

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EPI CEO Says Europe Ready for One Digital Wallet
EPI CEO Says Europe Ready for One Digital Wallet
May 08, 2023  |  Payment Methods

As regulators push for the development of instant payments, European Union countries continue to leverage preexisting economic relationships to advance faster payments across the region. ...

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EPI Will Debut P2P Digital Wallet in 2024
EPI Will Debut P2P Digital Wallet in 2024
April 25, 2023  |  Payment Methods

The European Payments Initiative says its vision of a unified payment system is closer to reality. The EPI plans to launch a pilot of a person-to-person instant...

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Pan-EU Payments Challenger Lacks Consumer and Merchant Demand
Pan-EU Payments Challenger Lacks Consumer and Merchant Demand
March 31, 2023  |  Payments Innovation

Although Europe lacks a pan-regional scheme to rival international card networks, building and igniting one means giving consumers and merchants a reason to get on...

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Card Networks Leverage Strategic Investments to Secure EU Foothold
Card Networks Leverage Strategic Investments to Secure EU Foothold
September 26, 2022  |  Payments As A Service

Although there isn’t a simple answer as to whether Visa and Mastercard have too much influence in Europe’s payments, that hasn’t stopped the idea of...

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Amazon, Nexi, Worldline, CaixaBank, EPI Join Digital Euro Project
Amazon, Nexi, Worldline, CaixaBank, EPI Join Digital Euro Project
September 16, 2022  |  CBDC

The European Central Bank (ECB) has selected five companies to be involved in a “prototyping exercise” that will be part of its two-year investigation phase...

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The European Payments Initiative: Laying the Infrastructure for Europe’s Super Payments App
The European Payments Initiative: Laying the Infrastructure for Europe’s Super Payments App
September 14, 2021  |  Payment Methods

Across Europe — 44 countries, dozens of languages, myriad ways to pay — cross-border, cross-functional infrastructure could eventually give rise to a “super app.” Martina...

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Today In Payments: EPI Looks To Topple US FinTechs; Sweden’s Trustly Scraps $950 Million IPO Plans
Today In Payments: EPI Looks To Topple US FinTechs; Sweden’s Trustly Scraps $950 Million IPO Plans
May 03, 2021  |  News

In today’s top news, the European Payments Initiative aims to take on U.S. FinTechs with a new pan-European payments firm, and Trustly is scrapping its...

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