OPE SIGNED
Open Payments Eco-system
Total Cost €
0EC-Contrib. €
0Partnership
0Views
0OPE project word cloud
Explore the words cloud of the OPE project. It provides you a very rough idea of what is the project "OPE" about.
Project "OPE" data sheet
The following table provides information about the project.
| Coordinator |
IXARIS TECHNOLOGIES LIMITED
Organization address contact info |
| Coordinator Country | United Kingdom [UK] |
| Project website | https://www.openpayments.cloud/ |
| Total cost | 4˙162˙916 € |
| EC max contribution | 2˙500˙000 € (60%) |
| Programme |
1. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)) 2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument) |
| Code Call | H2020-SMEINST-2-2014 |
| Funding Scheme | SME-2 |
| Starting year | 2015 |
| Duration (year-month-day) | from 2015-05-01 to 2017-09-30 |
Partnership
Take a look of project's partnership.
| # | ||||
|---|---|---|---|---|
| 1 | IXARIS TECHNOLOGIES LIMITED | UK (LONDON) | coordinator | 1˙967˙132.00 |
| 2 | IXARIS SYSTEMS LTD | UK (London) | participant | 532˙867.00 |
Map
Project objective
The aim is to enable the widespread development of innovative payment applications with the active involvement of financial institutions (e.g. banks) providing supporting transaction services by creating an Open Payments Eco-system (OPE). The OPE is the critical step in widening access to payment services and to alternative, open, collaborative, lower cost methods of delivering payment applications to end users (particularly SME’s) who want to make use of payment services within their business. The Eco-system enables the SME developer community to provide creative new payment applications to the market and offers a high degree of re-use of common application components. OPE has the potential to fundamentally disrupt the current creation and delivery mechanisms for payment services, by providing for the low-cost creation of quality assured payment applications and the building and delivery of payment services, in a controlled and regulatory-compliant environment. Forecasting reports (Visa Europe – 2011 and PSE Consulting – 2013) indicate a potential market for prepaid payment services in corporate and consumer segments in Europe of >€140bn by 2020. The market application will initially be launched in the UK (2017-18) but quickly rolled out into the rest of Europe (2018 onwards) leveraging the expected OPE common coded regulatory compliance, with Italy, Spain, France and Germany being the focus. Ixaris specialises in the development of innovative global applications based on open-loop prepaid card schemes and the OPE will add a unique infrastructure to its product portfolio. This will be achieved by opening up the established payment infrastructure and in doing so disrupting the traditional way in which innovation in payments takes place within the current established banking eco-system.
Deliverables
| OPE Data Warehouse (Beta) | Demonstrators, pilots, prototypes | 2019-05-30 12:45:20 |
| Verification & Validation Test Specification | Documents, reports | 2019-05-30 12:45:21 |
| OPE Integrated Development Environment (Beta) | Demonstrators, pilots, prototypes | 2019-05-30 12:45:00 |
| Prototype System (Beta) Delivery | Demonstrators, pilots, prototypes | 2019-05-30 12:45:05 |
| OPE Application-store (Beta) | Demonstrators, pilots, prototypes | 2019-05-30 12:45:14 |
| OPE Integrated Development Environment (Alpha) | Demonstrators, pilots, prototypes | 2019-05-30 12:45:24 |
| Project Website/Blog | Websites, patent fillings, videos etc. | 2019-05-30 12:45:16 |
| Year 1 Project Report | Documents, reports | 2019-05-30 12:45:10 |
| OPE Compliance Management Subsystem (Beta) | Demonstrators, pilots, prototypes | 2019-05-30 12:45:07 |
| OPE Service Provider Subsystem (Beta) | Demonstrators, pilots, prototypes | 2019-05-30 12:45:19 |
| Initial Commercial Plan | Documents, reports | 2019-05-30 12:45:26 |
| Final Commercial Plan | Documents, reports | 2019-05-30 12:45:22 |
| State-of-the-Art of Formal Verification Checking of Payment Systems | Documents, reports | 2019-05-30 12:45:15 |
| Academic Papers, Industry Whitepapers and Conference Papers/Presentations | Websites, patent fillings, videos etc. | 2019-05-30 12:45:22 |
| Open Payments Eco-system Conference | Websites, patent fillings, videos etc. | 2019-05-30 12:45:14 |
| Project Evaluation Report | Documents, reports | 2019-05-30 12:45:24 |
| OPE Execution Environment System (Beta) | Demonstrators, pilots, prototypes | 2019-05-30 12:45:03 |
Take a look to the deliverables list in detail: detailed list of OPE deliverables.
Publications
| year | authors and title | journal | last update |
|---|---|---|---|
| 2015 |
Shaun Azzopardi, Christian Colombo, Gordon J Pace, and Brian Vella Compliance Checking in the Open Payments Ecosystem published pages: , ISSN: , DOI: |
Proceedings of the University of Malta Computer Science Annual Workshop | 2019-07-02 |
| 2016 |
Shaun Azzopardi, Christian Colombo, Gordon J. Pace, Brian Vella Compliance Checking in the Open Payments Ecosystem published pages: 337-343, ISSN: , DOI: 10.1007/978-3-319-41591-8_23 |
International Conference on Software Engineering and Formal Methods (SEFM) | 2019-07-02 |
| 2016 |
Shaun Azzopardi, Christian Colombo, and Gordon J. Pace Residual Control-Flow Static Analysis with Symbolic Automata published pages: , ISSN: , DOI: |
Proceedings of the University of Malta Computer Science Annual Workshop Annual | 2019-07-02 |
| 2017 |
Shaun Azzopardi, Christian Colombo, and Gordon J. Pace Control-Flow Residual Analysis for Symbolic Automata published pages: , ISSN: 2075-2180, DOI: 10.4204/EPTCS.254 |
Electronic Proceedings in Theoretical Computer Science 254 | 2019-07-02 |
| 2016 |
Alex Mifsud Why the payments ecosystem is due for a shake-up published pages: 5, ISSN: , DOI: |
raconteur.net | 2019-07-02 |
| 2016 |
Shaun Azzopardi, Christian Colombo, Gordon Pace A Model-Based Approach to Combining Static and Dynamic Verification Techniques published pages: 416-430, ISSN: , DOI: 10.1007/978-3-319-47166-2_29 |
Leveraging Applications of Formal Methods, Verification and Validation: Foundational Techniques. ISoLA 2016. Lecture Notes in Computer Science, vol 9952 | 2019-07-02 |
| 2016 |
Christian Colombo, Gordon Pace A Model-Based Approach to Combining Static and DynamicVerification Techniques published pages: , ISSN: , DOI: |
International Symposium on Leveraging Applications of Formal Methods, Verification and Validation (ISoLa) | 2019-07-02 |
| 2016 |
Shaun Azzopardi, Christian Colombo, and Gordon Pace Regulation Specification for Static and Dynamic Verification in the Open Payments Ecosystem published pages: , ISSN: , DOI: |
Proceedings of the University of Malta Computer Science Annual Workshop Annual | 2019-07-02 |
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The information about "OPE" are provided by the European Opendata Portal: CORDIS opendata.
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