Tag: SPAA
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TrueLayer becomes a participant in SPAA
Exciting news in the world of open banking as TrueLayer becomes a participant in the Single Euro Payments Area Scheme (SPAA). TrueLayer, a leading provider of open banking solutions, has been granted participation in the prestigious SPAA scheme. This milestone achievement further solidifies TrueLayer’s position as a key player in the financial technology sector, continuing…
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EPC publishes SPAA scheme’s default remuneration model
The European Payments Council (EPC) has recently released the default remuneration model for the Single Euro Payments Area (SEPA) Proxy-Addressed Authorization (SPAA) scheme. This highly anticipated move aims to establish transparency and standardization within the payments industry, providing insights into the remuneration structure for participants. Understanding the SPAA Scheme The SPAA scheme is designed to…