Payments

Economy & Jobs 29-06-2020

Mastercard senior executive: ‘We want to help to achieve European sovereignty’

The European Commission will unveil later this year a strategy to integrate the retail payment sector in Europe and reduce dependency on third-country credit card firms. Mastercard, one of those players, is supportive of the EU strategy, its senior executive, Jason Lane, told EURACTIV.
Banking union 26-07-2019

König: I don’t believe in gender quotas

For many, the banking union represents the most ambitious step in EU integration since the creation of the euro. As the chairwoman of the new authority to resolve European systemic banks, Elke König, has been in the driving seat of the process.
Euro & Finance 21-02-2014

Verschueren: The lower the interchange fees, the more merchants will accept card payments

The vote in the economic and monetary committee of the European Parliament on Thursday (20 February) to cap fees charged by payment cards companies is a step in the right direction: If you want to be on the side of merchants, you cannot be anything else than supportive of this regulation, says Christian Verschueren to EURACTIV Czech Republic.
Euro & Finance 12-07-2013

Economist: Lower card fees did not benefit Spanish consumers

The Spanish experience of lowering multilateral interchange fees for debit and credit cards was not positive, says Gustavo Matías Clavero, who is pessimistic about the European Commission's chances of achieving its goal of a single payments area through an updated Payments Services Directive.
Euro & Finance 28-01-2010

Zafar: Banks need to outsmart criminals

As banking migrates to the Internet, so too does payment fraud. Banks will have to be one step ahead of organised criminals to protect online payments, argues security expert Samee Zafar. EURACTIV spoke to the banking security expert, who has been advising banks in the City of London on the EU's Payments Services Directive (PSD), which is expected to boost online payments.
Euro & Finance 05-06-2008

Pittella: EU search engine to counter low financial mobility

Addressing low customer mobility from one bank account to another should be the first priority of a European legislative initiative on the retail banking sector, MEP Gianni Pittella told EURACTIV.
Euro & Finance 18-09-2006

Interview with Jean-Paul Gauzès (MEP)

According to Gauzès, MEP and rapporteur on payment services in the internal market, the new propositions add to the directive’s efficiency and take into account the technical constraints of the industry, while maintaining the objective of a cost reduction for consumers.