News
EPI Interim Company adds new members to the European Payments Initiative Thursday 10 December 2020 12:51 CET | News EPI Interim Company, responsible for initiating the implementation of the European Payments Initiative (EPI) has announced new members joining as founding shareholders.
PKO Bank Polski one of Poland’s bigger banks, and OP Financial Group, a Finnish retail bank, along with a group of 12 Spanish credit institutions banks that have formed a consortium, are joining EPI as a collective founding shareholder of the EPI Interim Company.
The admissions lead the way for EPI’s access to the Polish and Finnish markets. Poland will become the first non-euro-based market to form part of EPI and will enable the group to address the challenge of currency conversion within the solution.