Novobanco co-sponsored EBAday 2024, along with JPMorgan, Citibank, Bank of New York Mellon, Deutsche Bank, HSBC, Natwest, BNP Paribas, Cecabank and Caixabank.

This will be the first time that an event “of the size and stature of EBAday” has been held in Portugal, highlights the Mark Burke-led bank.

The event, which will be held on 18-19 June at the Lisbon Convention Centre, is organized by the EBA Clearing Group and will bring to Portugal more than 1,400 professionals from banks, central banks, clearing houses, fintech companies and software houses.

The Portuguese bank says that with this sponsorship, it reaffirms its position at the forefront of the payments market.

EBA Clearing, established by Europe's largest banks in 1998, is the largest European payment processor (SEPA, credit transfers and direct debit) with 21 billion transactions, equivalent to €71 trillion, processed in 2023. Novobanko is a founding member and shareholder of EBA Clearing.

During this event, key trends in the evolution of the payments ecosystem will be discussed, with interventions related to open banking and blended finance, central bank digital currencies (CBDC), banking as a service (BaaS), payment fraud prevention, cross-border banking payments and correspondent banking. .

“Novobanco can only join your institution, being present with its own pavilion and a team of experts,” the institution reveals, emphasizing that the payment system “translates the pulse of the economy.”

“A robust, modern and integrated system, capable of processing salaries, pensions, payments to suppliers and taxes quickly, securely and efficiently, is a prerequisite for economic growth,” says Novobanko, which notes that it “enjoys a leadership position in the national payments market, having established in 2023 Processes 29.4% of SEPA credit transfers issued in Portugal and 26.2%1 of direct debit fees.