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OPE SIGNED

Open Payments Eco-system

Total Cost €

EC-Contrib. €

Partnership

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Outcomes and
results

OPE 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.

onwards coded portfolio rest compliance fundamentally critical 2013 18 prepaid community supporting forecasting loop banking assured innovation opening active regulatory segments market transaction global involvement creative indicate lower specialises offers corporate banks building disrupt payment services gt ope france pse uk business card add leveraging creation 2020 infrastructure italy mechanisms collaborative 2018 initially takes ixaris reports disrupting payments eco degree components quality 140bn spain re 2011 visa environment delivering alternative sme schemes consulting germany developer place 2017 rolled compliant financial launched innovative widening

Project "OPE" data sheet

The following table provides information about the project.

Coordinator	IXARIS TECHNOLOGIES LIMITED Organization address address: 10 MIDFORD PLACE city: LONDON postcode: W1T 5AE website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.
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.

#	participants	country	role	EC contrib. [€]
1	IXARIS TECHNOLOGIES LIMITED IXARIS TECHNOLOGIES LIMITED Organization address address: 10 MIDFORD PLACE city: LONDON postcode: W1T 5AE website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	UK (LONDON)	coordinator	1˙967˙132.00
2	IXARIS SYSTEMS LTD IXARIS SYSTEMS LTD Organization address address: 5TH FLOOR 52 GROSVENOR GARDENS city: London postcode: SW1 0AW website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	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

List of 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

List of 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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Send me an email (fabio@fabiodisconzi.com) and I put them in your project's page as son as possible.

Thanks. And then put a link of this page into your project's website.

The information about "OPE" are provided by the European Opendata Portal: CORDIS opendata.