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Why Europe needs a new payment solution

The European Central Bank’s Governing Council has relaunched its retail payments strategy designed to actively foster pan-European market initiatives for retail payments. In this fireside chat, the ECB’s Head of Market Infrastructure and Payments will discuss the reasons for the ECB’s interest as well as the desired attributes for any new pan-European retail payments solution. The conversation will also include the status of the current European Payment Initiative, a consortium of major European banks that are developing a possible solution.

Tony Hayes, Partner, Oliver Wyman
Ulrich Bindseil, Director General Market Infrastructure & Payments, European Central Bank

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