s we have one of the widest non-bank footprints in Europe, are indirect members of SEPA, directly connected to Faster Payments in the UK and direct SUPE and gpi members of SWIFT, we have a keen interest in PSD2, Open Banking and other European Initiatives, therefore becoming members of the EBA was highly desirable.

By becoming a member of the EBA, Ebury will be able to contribute to pan-European payment initiatives. Further, we will have access to research on payment related topics such as Instant Payments, Open Banking and Crypto Technology; access to working groups and task forces and better understanding of key regulatory changes. Ultimately, it will allow us to evolve and strengthen our partner network, improving our visibility in Europe with Regulators, Banks and Market Infrastructures.

“We are pleased to have Ebury amongst our associate members and very much look forward to their participation in EBA working groups, as well as their contribution to key industry topics, like international payments and open banking,” says Daniel Szmukler, Director, Euro Banking Association (EBA).

“With 14 offices across Europe and with more in the pipeline, we have a keen interest in Open Banking, PSD2, Instant Payments and improving the capabilities that SMEs have access to with regards to payments, receivables, risk management and credit. We are looking forward to being active members of the EBA to help shape thought leadership to ensure Europe does not stand still and continues to set the agenda when it comes to innovative and efficient internal and international payment methods and regulation,” added Mark Hewlett, Wholesale Banking Relationship Director at Ebury.

Currently, we serve more than 24,000 corporate clients across the globe, opened 17 offices and offer access to more than 140 currencies. Earlier this year, Ebury also became the first non-bank financial institution to join the Faster Payments Scheme, giving clients access to real-time transactions and payment reconciliation.