The European Central Bank's Gertrude Tumpel-Gugerell has set out a list of New Year Resolutions for the EU payments industry, including the imposition of a Sepa migration end-date and the creation of a third card payment scheme to compete with Visa and MasterCard.
Its sad but its the only way to force SEPA into the industry. As the banks lose out they should blame their inability to adapt to change as political objectives create new structures and new services desperatly needed by corporates and consumers. The greater
EU plan will always take precedence and banks appear only to take business protective stances. Next year we will see the folly of this attitude
The ECB doesn't want a lot for Christmas. There is just one thing they need. They don't even want the presents underneath the Christmas Tree. They just want a SEPA Zone, full of cards and ISO: what more can we do? Actually that's the question being posed
in the ICBI SEPA Conference in Brussels next week...
Excellent salary with uncapped commissionMilton Keynes
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