gi-Geldinstitute, the trade journal for IT, organisation and communication in credit institutions reports on EPEC, the European Payment Expert Consortium for payment transactions and its consulting services.
With a view to developments and standards in Europe’s payment traffic, three European experts for the standardisation of payments have founded the European Payment Expert Consortium (EPEC). Besides the German SRC Security Research & Consulting GmbH, these are the French companies ELITT and FrenchSys. SRC reported in the article Frenchsys, Elitt and SRC found the EPayStandards Consortium.
The EPEC consortium combines the know-how of three European experts acquired in various standardisations. EPEC offers consulting services for European payment service providers. Both the harmonised European standards and local specifics are taken into account. The offer covers, among other things, the use of payment standards, implementation guidelines, as well as functional and security specifications for pan-European solutions for card, mobile and internet payments.
The gi-Geldinstitute reports on EPEC. The title Der Zahlungsverkehr befindet sich im Wandel. The article describes the environment and upcoming challenges of EPEC.