Will the EU Retail Payments Strategy trigger a paradigm shift?
Retail payments are at the forefront of the digital transformation of financial services. Changing payment-processing interfaces, the introduction of crypto-assets and more recently, new payment instruments, are all shifting the traditionally cash-dominated retail payment landscape.
In September, the European Commission published a Communication on a Retail Payments Strategy for the EU in response. In the strategy, the Commission puts forward a vision for European retail payments: i) a broad and diverse range of high-quality payment solutions for citizens and businesses; ii) availability of competitive home-grown, pan-European payment solutions; and, iii) cross-border payments with third countries.
During this CEPS-ECRI webinar, key stakeholders involved in the payments sector will discuss the strategy. To what extent is the strategy setting the right priorities and objectives for a future-proof EU retail payments market? And are the key actions to reach the objectives fit for purpose?
Panelists:
- Eric Ducoulombier, Head of Retail Financial Services Unit, DG FISMA
- Roeland van der Stappen, Head of regulatory affairs, VISA
- Ana Climente, Head of Open Banking Spain, BBVA
- Thierry Antonin, Director Solution Consulting EMEA, ACI Worldwide
- Jean Allix, Special Advisor, BEUC
Moderated by Willem Pieter de Groen, Research Fellow & Head of Unit, CEPS
