Central Banking

Government still not at the SEPA table

European governments who fail to move on SEPA must be shamed into action, said Jean-Michel Godeffroy, the director general for payment systems at the European Central Bank.

"The only way to make them move is to name and shame," said Godeffroy who revealed that the central bank is preparing an action plan to force progress.

Frustration has given way to exasperation in the payments world at the attitude of the public sector in Europe which has failed to support with actions what it called for so