22:
107:
IPF differs from SEPA because IPF is global rather than limited to Europe; IPF is market-based rather than a political initiative; IPF involves more public entities, smaller banks, and clearing houses, rather than larger banks; and IPF superimposes a standard that allows existing national standards
108:
to communicate with each other rather than replacing them with a new standard. Unlike SEPA documentation, which is available on the
European Payments Council's website, IPF documentation is not available to the public.
127:
80:
IPF creates rules, processes, and inter-member agreements that allow IPF's members to minimize the cost of cross-border payments. Its members include the
402:
397:
72:, in the United States. The IPF standard is currently used by some organisations to process payments between the United States and Europe.
366:
319:
294:
223:
160:
122:
392:
117:
97:
335:
387:
239:
85:
81:
84:
and other central banks, as well as other payments industry entities such as financial institutions and
100:(SEPA) in that both initiatives aim to facilitate international payments, base their standards on
362:
315:
290:
219:
156:
65:
57:
35:
Please help update this article to reflect recent events or newly available information.
176:
Milkau, Udo (September 2010). "A new paradigm in payments: The strengths in networks".
381:
132:
101:
69:
243:
56:
was an initiative launched in 2010 to create a global framework for
265:
242:. International Payments Framework Association. Archived from
15:
195:
104:, and involve mostly banks as their main participants.
359:
The
Governance and Regulation of International Finance
312:
The
Governance and Regulation of International Finance
287:
The
Governance and Regulation of International Finance
216:
The
Governance and Regulation of International Finance
153:
The
Governance and Regulation of International Finance
128:Electronic Banking Internet Communication Standard
314:. Cheltenham, UK: Edward Elgar. pp. 126–28.
289:. Cheltenham, UK: Edward Elgar. pp. 126–27.
155:. Cheltenham, UK: Edward Elgar. pp. 124–25.
361:. Cheltenham, UK: Edward Elgar. p. 129.
218:. Cheltenham, UK: Edward Elgar. p. 126.
8:
357:Miller, Geoffrey; Cafaggi, Fabrizio (2013).
310:Miller, Geoffrey; Cafaggi, Fabrizio (2013).
285:Miller, Geoffrey; Cafaggi, Fabrizio (2013).
214:Miller, Geoffrey; Cafaggi, Fabrizio (2013).
151:Miller, Geoffrey; Cafaggi, Fabrizio (2013).
62:International Payments Framework Association
178:Journal of Payments Strategy & Systems
143:
54:International Payments Framework (IPF)
7:
14:
266:"Small Payment Gift Certificate"
20:
403:Standards of the United States
123:Financial Information eXchange
1:
197:Bank Systems & Technology
82:United States Federal Reserve
398:Financial routing standards
338:. European Payments Council
419:
118:Single Euro Payments Area
98:Single Euro Payments Area
29:This article needs to be
96:IPF is similar to the
393:Financial metadata
58:payment processing
68:headquartered in
66:trade association
50:
49:
410:
373:
372:
354:
348:
347:
345:
343:
332:
326:
325:
307:
301:
300:
282:
276:
275:
273:
272:
262:
256:
255:
253:
251:
236:
230:
229:
211:
205:
204:
192:
186:
185:
173:
167:
166:
148:
45:
42:
36:
24:
23:
16:
418:
417:
413:
412:
411:
409:
408:
407:
388:Payment systems
378:
377:
376:
369:
356:
355:
351:
341:
339:
336:"EPC Documents"
334:
333:
329:
322:
309:
308:
304:
297:
284:
283:
279:
270:
268:
264:
263:
259:
249:
247:
238:
237:
233:
226:
213:
212:
208:
194:
193:
189:
175:
174:
170:
163:
150:
149:
145:
141:
114:
94:
78:
46:
40:
37:
34:
25:
21:
12:
11:
5:
416:
414:
406:
405:
400:
395:
390:
380:
379:
375:
374:
367:
349:
327:
320:
302:
295:
277:
257:
246:on 13 May 2014
231:
224:
206:
187:
168:
161:
142:
140:
137:
136:
135:
130:
125:
120:
113:
110:
93:
90:
77:
74:
48:
47:
28:
26:
19:
13:
10:
9:
6:
4:
3:
2:
415:
404:
401:
399:
396:
394:
391:
389:
386:
385:
383:
370:
368:9780857939487
364:
360:
353:
350:
337:
331:
328:
323:
321:9780857939487
317:
313:
306:
303:
298:
296:9780857939487
292:
288:
281:
278:
267:
261:
258:
245:
241:
240:"Our members"
235:
232:
227:
225:9780857939487
221:
217:
210:
207:
202:
198:
191:
188:
183:
179:
172:
169:
164:
162:9780857939487
158:
154:
147:
144:
138:
134:
131:
129:
126:
124:
121:
119:
116:
115:
111:
109:
105:
103:
99:
91:
89:
87:
83:
75:
73:
71:
67:
63:
59:
55:
44:
32:
27:
18:
17:
358:
352:
340:. Retrieved
330:
311:
305:
286:
280:
269:. Retrieved
260:
248:. Retrieved
244:the original
234:
215:
209:
200:
196:
190:
181:
177:
171:
152:
146:
106:
95:
79:
61:
53:
51:
38:
30:
88:operators.
41:August 2014
382:Categories
271:2024-08-11
139:References
92:Comparison
184:(3): 280.
133:ISO 20022
102:ISO 20022
203:(4): 19.
112:See also
76:Overview
60:by the
342:6 April
250:6 April
70:Atlanta
31:updated
365:
318:
293:
222:
159:
363:ISBN
344:2014
316:ISBN
291:ISBN
252:2014
220:ISBN
157:ISBN
64:, a
52:The
86:ACH
384::
201:45
199:.
180:.
371:.
346:.
324:.
299:.
274:.
254:.
228:.
182:4
165:.
43:)
39:(
33:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.