Institute for Prospective Technological Studies DG JRC Seville

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Institute for Prospective Technological Studies -
DG JRC - Seville
Establishment and Pilot Operation of a European
Observatory on e-Payment Systems
ePSO Kick-off Meeting Brussels, SDME 10F June
15, 2000
Ioannis Maghiros
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ePSO INTRODUCTION

• Enterprise DG Information Society Initiative in
  Standardisation (ISIS) funded Shared Cost Action
  project won by IPTS in September 1999.
• CEN/ISSS, ECBS virtual partners
• ITAS subcontractor responsible for newsletter
• budget of 825KEuro
• 18 months total duration
• Contract signed in May 2000
• eEurope Initiative (smart cards)

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ePSO Objective
Main objective is to assist regulatory/standards
bodies keep pace with the evolution of underlying
technologies in the field of e-payment systems
aiming at enhancing e-commerce growth.
The particular added value of the project lies in
the systematic survey of opinions and of
perceptions of high level experts belonging to
the forum. In technical matters the Observatory
will act as a GATEWAY to existing information
sources. Neutrality, transparency and openness
are the key pre-requisites for the balanced
selection of the members of the Forum, for the
establishment of the working programme, the
review and publication of deliverables.
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ePSO Tasks
ePSO will establish and animate a Forum of
actors and experts in the field with a view
to a. monitor and analyse the strategic views
of all concerned with the development and
deployment of e-payment systems within the EU and
at world-wide level, in the context of e-commerce
and EMU b. provide all Forum participants with
neutral information on market developments and
strategic and technical requirements realted to
payment systems and services
Collection and analysis of data will be carried
out on a continuous basis to review, enlarge and
periodically up date prototype report formats so
as to become the European Reference Point of
Excellence
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ePSO builds on ...

• Standardisation related work CEN/ISSS, EESSI
• ECBS activities (e-purse, I-banking)
• Work carried out by market players (SET, EMV,
  CEPS )
• International Activities (X9.59 payment standard,
  Open Financial Exchange - OFX, Interactive
  Financial Exchange -IFX, BITSNACHA initiatives,
  )
• Home Banking Computer Interface (HBCI) activities
  in Germany
• prospective future developments - IPTS
  Futures_at_2010

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Steering Committee

• Steering Committee
• Chair by EP EMA committee President
• IPTS, CEN/ISSS, ECBS
• related Commission services representatives (DG
  ENTR, MARKT, INFSO, SANCO, ECFIN, )
• Industry Experts from
• banking,
• credit card services,
• technology and service providers,
• retailers,
• consumers,
• standards academia.

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ePSO Forum

• Establish a Forum of market players and experts
  on a voluntary basis, animated by IPTS to address
  strategic and technological issues subdivided in
  4 thematic priority areas
• innovative e-payment systems (e-purse, )
• payment-related financial services,
• payment-related security and safety issues,
• 'standardisation' of whole business processes

• Preliminary list of 500 Forum participants
• Send e-mail invitation to participate including
  newsletter
• Ask for their input, through targeted interaction
• Culminate information exchange with Oct.01
  conference

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ePSO Deliverables

• Deliverables
• strategic and technical requirements documents to
  be approved by the steering committee
• web-based information exchange (web-portal)
• monthly newsletter
• Forum conference
• thematically focused workshops
• reports (1 strategic and 4 thematic analysis)
• final activity report including proposal for
  commercialisation of Observatory products and
  services

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ePSO Methodology

• Approach is that of assisting actors and experts
  in the field reconcile disparate interests
  through a systematic exchange of information
• Bottom-up approach supported by a top-down
  steering committee focused activity
• Future requirements need to be considered such as
  the network effect impact and the relationship
  with the eEurope initiative on smart cards
• Relations with organisations (ie. ICC, UNICE)
  with links to sectoral associations need be
  fostered

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ePSO Systems Design
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ePSO Planning
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ePSO Portal
Establish a comprehensive reference point for
information on e-payment systems is the main
objective of this web-site (portal). It would
provide the following services

• Information on existing sources of information on
  e-ps (analysis and meta-information)
• information on the products and services of ePSO
• tools to help users find the information they
  need
• tools to allow users to actively engage in
  fruiful discussion on topics of their interest

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ePS related links
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ePSO Newsletter

• The main aim of the Newsletter is to provoke
  discussion in the following areas
• eps economics (business models, directives, )
• social aspects (trust, confidence, privacy, )
• technological aspects (applications impacts)
• ongoing standardisation activities
• news on players and projects (market)
• news on the project itself

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ePSO Functionality
Newsletter issues
KICK-OFF MEETING
Strategic and technical requirements
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Sterring Committee Meeting
Draf t Thematically focused reports
2
Sterring Committee Meeting
Strategic Analysis report
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Sterring Committee Meeting
Final Thematically focused reports
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Proposals for future sustainable operation
Sterring Committee Meeting
CONFERENCE

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What you can do

• Actively become involved in the Steering
  Committee (advise us on who else should be there)
• Input news of any events, decisions which affect
  the development of e-Payment Systems in Europe
  and help prioritise strategic and technical
  requirements
• Help us (co)-organise focused workshops on themes
  (close to your heart) where technical and
  strategic issues can be thoroughly analysed
• Provide us with your feedback and/or your
  suggestions as to how to improve (newsletter,
  portal contents design, etc. )