Applications are invited by 15 February 2022
At its 24 November 2021 meeting, the EPC Board accepted the Euro Retail Payments Board’s (ERPB) invitation to act as Scheme Manager for a new Single Euro Payments Area (SEPA) Payment Account Access (SPAA) scheme.
To develop the scheme, the EPC Board established the SPAA Multi-Stakeholder Group (SPAA MSG). In line with the requirements defined in the June 2021 ERPB Working Group report on a SEPA Application Programming Interface (API) Access scheme, the SPAA MSG will operate with the legal and regulatory requirements of the revised Payment Services Directive (PSD2) constituting its ‘baseline’.
However, it will also go beyond this baseline to encompass value-added services that may be provided in the context of ‘open banking’ as a natural evolution of PSD2.
As a next step a dedicated Work Block will be created which operates under the authority of the SPAA MSG with the objective of developing ‘minimum API requirements’ that ensure pan-European harmonisation and interoperability as well as the integrity of the scheme.
The Work Block will be chaired by SPAA MSG co-chair A. González Mac Dowell and consist of ten experts nominated by SPAA MSG members as well as representatives of interested European standardisation initiatives in the field of PSD2 APIs.
The EPC hereby invites interested European standardisation initiatives in the field of PSD2 APIs to send their application by email to spaa@epc-cep.eu by 15 February 2022, close of business.
The ‘kick-off’ (virtual) meeting of the SPAA API Work Block is envisaged to take place around the end of February 2022.
The Terms of Reference of the SPAA API Work Block which provide further information on inter alia the concrete deliverables and the group organisation are available for download in “Related Documents”.
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Related Documents
Terms of reference of the SEPA Payment Account Access API Work Block (SPAA API WB)
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
