The EPC OCT Inst scheme has been live since 28 November 2023, and on 15 September 2026 the European Payments Council hosted its OCT Inst in Action webinar with payment service and infrastructure providers that were implementing or already offering OCT Inst-based services. If your firm uses the OCT Inst scheme for an international instant…
On 11 September 2026 the European Payments Council (EPC) published a small web tool with an outsized job: the Instant Credit Transfer Scheme Selector. It addresses an operational classification question for instant-payment design: does the use case fall under the SEPA Instant Credit Transfer (SCT Inst) scheme, the One-Leg Out Instant Credit Transfer (OCT Inst)…
If your institution settles SEPA instant payments in TIPS, a new reachable corridor just opened, and the operational risk sits exactly where it is easy to ignore. On 10 June 2026 the ECB announced that the TIPS cross-currency settlement service had been successfully tested and formally activated by Danmarks Nationalbank, Sveriges Riksbank and the ECB….