Pan-European payment infrastructure operator for major European banks
EBA CLEARING operates critical payment systems (EURO1, STEP1, STEP2, RT1) owned by 48 major European banks. The tech stack is traditional financial-infrastructure heavy—ISO 20022, Swift, EBICS, Cognos, Qlik—reflecting mission-critical, highly regulated operations. Active hiring across operations, engineering, and data signals infrastructure modernization work: projects include AI-driven automation, threat detection, and information security strategies, while pain points cluster around resilience testing, cybersecurity compliance, and risk-framework alignment with ECB requirements.
Notable leadership hires: Chief Risk Officer
EBA CLEARING is a payment systems provider founded in 1998 and owned by 48 of Europe's major banks. The company operates four core payment services—EURO1, STEP2 (both designated systemically important by the ECB), STEP1, and RT1 (a pan-European real-time payment system launched in 2017). The organization also manages R2P, a request-to-pay messaging infrastructure launched in 2021. Operations span 51–200 employees based in Paris, France, with governance structured on a country-neutral model. The business is sales-adjacent to member banks rather than transactional; revenue flows from payment-system fees and member participation.
EBA CLEARING operates EURO1, STEP1, STEP2, and RT1 (a pan-European real-time payment system live since 2017). EURO1 and STEP2 are ECB-designated systemically important payment systems (SIPS). The company also manages R2P, a request-to-pay messaging service launched in 2021.
Core stack includes ISO 20022, Swift, EBICS, Microsoft Office, Cognos, Qlik, Power BI, Excel, XML, JSON, REST, and Python. These reflect financial-infrastructure standards and regulatory reporting tools typical of payment systems operators.
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