Speaking on Wednesday 24 April at the opening of the ECB conference on retail payments, Piero Cipollone, member of the Executive Board of the European Central Bank (ECB), called for the further integration of European payments and the reduction of excessive European dependency on payments in order to support competition and innovation.
Piero Cipollone praised the integration of the euro retail payments market over the last 15 years. However, he pointed out that the current ecosystem faced...