The Changing European Payment Landscape

ChangEUlandscape

 

The European payments industry is facing changes that will have a profound impact on the future of the financial sector.

The first is around the modernisation of infrastructures, with the emergence of new retail instant payment services and also the upgrade of wholesale payment services to include richer functionalities. The European Central Bank is pressing ahead for more efficient and integrated pan-Eurozone solutions and industry participants across the continent are working towards this goal, but there are particular complexities around the delivery of this vision.  There are many initiatives happening in parallel and these all need to fit together if the Eurozone’s response is not to end up being fragmented.

At the same time, new regulations are proving to be a game changer for the European landscape. PSD2, for example, which will drive better services for customers, is also opening the way for new technologies and new business models.

Digital innovators are being quick to capitalise on these opportunities. The challenge for banks is to keep up with the pace of innovation while concurrently operating more efficiently in an increasingly regulated context. Banks must adapt and evolve as these changes have the potential to transform not just European but global and cross-border banking.

 

What will define the year 2017 in european payments?  We feature our opening keynote panel at EPS 2017 comprising of speakers from banks and key providers in 5 European cities.  Don’t miss it!

thierry-c

Moderator:
Thierry Chilosi | Head of Markets & Initiatives | Europe, Middle-East and Africa | SWIFT | Brussels

swiftpanel1 copy
Panelists:
Michael Salmony | Executive Adviser | equensWorldline SE | Frankfurt
Patrick Tans | Senior General Manager Banking Products | KBC Bank | Brussels
Hays Littlejohn | CEO | EBA CLEARING | Paris
Philippe Lepoutre | Deputy Head of Global Transaction & Payment Services | Société Générale | Paris

  • @EuroPaySummit

    European Pymt Summit European Pymt Summit @EuroPaySummit #payments lobby calls for 18-month delay to consumer authentication rules via @finextra #SCA #PSD2 https://t.co/0aVS4vALfX 15 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @cbpaymentsnews: The Grand Panel on #cash and #CBDC wraps up with a lively debate on the merits and drawbacks of issuing a central bank… 17 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @cbpaymentsnews: How are central banks approaching the "new normal" in cross-border #payments? A packed #CBPC2019 track session from @IN 17 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @cbpaymentsnews: Pleased to be in Berlin @ the Central Bank Payments Conference w/ 52 global central banks! Great opening panel with Vic… 17 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @bankofengland: We will support a more resilient, innovative and competitive payments system for UK households and businesses. Find out… 17 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @cbpaymentsnews: Why standards are important for central banks... @GLEIF Chairman Gerard Hartsink on the value of legal entity identifie… 17 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @cbpaymentsnews: Standards are the hot topic this morning at the #CBPC2019 in Berlin. James Whittle, Head of Standards Authority at @WeA 17 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @cbpaymentsnews: In today’s #CBPC2019 session on open banking, @WeArePayUK’s Matthew Hunt says we are living through a “once in a genera… 17 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit "The most striking thing we found during our attendance at the #europeanpaymentsummit was the fact that regulatory… https://t.co/FxCSh0XvLs 19 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @PaymentCounsel: Money 2020: World FinTech Report 2019 #OpenBanking has yet to reach maturity, according to #WFTR2019. The financial se… 19 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit PayU acquires Turkish startup @iyzico_com #digitalpayments #fintech https://t.co/GCBAUcaNvC 19 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit EU to Increase Access to High-Quality Data for #Blockchain, #AI Projects https://t.co/ROfiA7X6hR via @cointelegraph 19 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @KYC_Ltd: #ThrowbackThursday to our win as "Best RegTech Provider" in the #FlorinAwards at the @EuroPaySummit! On our blog, we take a cl… 19 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @PaymentCounsel: Whitepaper: One year after #PSD2 What has happened since PSD2 and #GDPR were introduced, and why financial services fi… 19 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit Always a pleasure to catch up with leading minds in #fintech during our #europeanpaymentsummit editions. @dgwbirch,… https://t.co/uIKHUrZJrT 20 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @PaymentCounsel: Consumers are wary of #bankingtechnology Rate of consumers adoption of latest #banking technology does not necessarily… 21 weeks ago
  • Also interesting
    Alignment of Real-Time Payments Across International Borders
    Written on 22 April '19 by
    READ MORE
    Meet the Florin Awards Europe 2019 Nominees
    Written on 17 April '19 by
    READ MORE
    David Birch, Consult Hyperion: "We need national strategies to manage the transition to cashlessness"
    Written on 16 April '19 by
    READ MORE
  • News