This report provides an overview of the major market infrastructure initiatives now underway for account-to-account (A2A) payments in the European Economic Area (EEA) and individual European markets (including the U.K.) and the implications of these changes for FIs and other stakeholders in the near to medium term.
The analysis summarizes the current state of complex regulatory and technical infrastructure initiatives, including but not limited to areas such as the single euro payments area (SEPA), the Nordic P27 project, and open banking initiatives.
The study includes a discussion of pan-European initiatives such as SEPA instant payments, as well as regional/local initiatives in Austria, Belgium, France, Germany, Luxembourg, the Nordic countries, Switzerland (including Liechtenstein), and the U.K.
