Central Banking

ECB's Tumpel-Gugerell on SEPA

In the speech 'From theory to practice: let's roll out the cables' given on 7 September Gertrude Tumpel-Gugerell of the ECB said that in spite of good progress in the design phase, some issues of concern remain, in particular in the SEPA for cards.

"Moving from the design to the implementation phase of SEPA now requires a different working approach and the involvement of a broader range of market actors and the public. Here, I wish to highlight in particular issues related to testing, the

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FedNow – at last

The instant payment system might help fix the US’s rusty payment rails, but it also faces competition, says Dave Birch

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