Nieuwsbrief Payments February 2020

News
Date 10 February 2020

In this issue: Consolidation of TARGET2 and TARGET2 Securities (T2S); CBOE to take over EuroCCP; New measures against ATM bombings; Working Paper: Consumer propensity to adopt PSD2 services: Trust for sale?; Possible fines for refusing to process European payments because of origins of bank account.

Consolidation of TARGET2 and TARGET2 Securities (T2S)

Over 2,000 banks in Europe are preparing for the arrival of a new European payment system in November 2021. That might seem like a long way off, but banks must be ready to start testing the new system at the end of this year.

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CBOE to take over EuroCCP

The Chicago Board Option Exchange, one of the world's largest exchange holding companies, has announced its intention to take over EuroCCP. The Amsterdam-based European Central Counterparty is the largest equities CCP in Europe.

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New measures against ATM bombings

In response to reports about the increasingly heavy explosives used by criminals to loot ATMs, DNB is joining forces with banks, the Geldmaat ATM network and the police to take new measures against ATM bombings.

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Geldmaat

Publication Working Paper: Consumer propensity to adopt PSD2 services: Trust for sale?

In January 2018 the revised Payment Services Directive (PSD2) entered into force within the European Union (EU). 

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Possible fines for refusing to process European payments because of origins of bank account

On 20 January 2020, a statutory sanctions regime took effect in the Netherlands for violations of the prohibition on IBAN discrimination. 

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Private banks