The European retail payments landscape is rapidly changing. With the enlargement of the European Union in the past years, Europe has entered a new era of further economic integration. The introduction of the euro and the harmonization of national payments regulations have led and still lead to structural reforms of national payment markets. Moreover, changing consumer demands and technological developments have paved the way for many new retail payment innovations. These innovations have the potential to produce social benefits; however, they may also introduce new risks, such as cybercrime.

All these changes will have a definite impact on the future structure of the European banking industry and on the role, tasks and activities of central banks that seek to maintain safe and efficient payment markets. This holds even more for those countries which expect to adopt the euro in the (near) future. The changes in the retail payments landscape will also have a great impact on firms, consumers, governments, and other financial authorities.

This workshop will offer an overview of the main developments in the field of Retail Payment Systems in Europe.

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What you will learn

During the workshop following topics will be discussed:

Central banks and the dynamic world of retail payment systems;
Single Euro Payment Area (SEPA);
Retail payment innovations and trends;
Cybercrime & cyber resilience;
Oversight on retail payments;
Legal and regulatory framework of retail payments;
Efficiency of retail payments;
Stakeholder involvement.

How you will benefit

After the workshop, you will have a clear overview of the main developments in the area of retail payments, how they might affect the national and European payments landscape and what the main challenges are for central banks, governments and other financial authorities. Moreover, the workshop will provide a forum for exchanging ideas and experiences among different countries and different institutions.

Who should attend

The target audience for this workshop is mainly policy makers and experts from central banks, ministries of Finance and Economic Affairs and supervisory institutions.

No fee will be charged for officials working in the public sector. Workshop will be held in English, translation will not be provided. Good command of English is required.

Faculty

Michael van Doeveren, Senior Policy Advisor, De Nederlandsche Bank, The Netherlands

Michael van Doeveren is a senior-policy advisor at the Payments Systems Policy Department of de Nederlandsche Bank (DNB). He has been working at DNB since 1988, after he graduated economics at the Erasmus University of Rotterdam and worked at Delft Technological University. Michael has worked as a country economist at the Export Credit and Import Guarantee department of DNB and was a member of the Paris Club for debt negotiations.

In 1995 Michael joined the Cash and Payments Systems division of DNB, which is a member of the European System of Central Banks.

Michael fulfilled a lot of responsibilities around the national introduction of the euro and the millennium changeover. He is one of the architects of DNB for building a framework to promote a sound business continuity policy and business continuity management.

Michael is now working as a secretary of the Dutch National Forum on the Payment System and as the Secretary of the Consultative Platform SEPA in the Netherlands. The consultative platform has the task on ensuring that the Netherlands’ migration to SEPA proceeds as smoothly as possible. He is especially involved in the migration to of the SEPA Credit Transfer, the SEPA Direct Debit and SEPA for Cards and the introduction of new payment instruments (contactless payments, mobile payments, instant payments). He is also an expert of the work of the Euro Retail Payments Board.

Judith Looman, Policy Advisor, Payment and settlement systems policy department, De Nederlandsche Bank, The Netherlands

Judith Looman studied International Financial Economics at the University of Amsterdam. She started working at the Dutch Central Bank in the Payments Policy Department, in 2005. She is secretary of the working group Efficiency and European affairs of the National Forum on the Payment System and participates in the national cards working group and the PSPWG workstream on contactless proximity payments.

Bank of Slovenia speakers and topics:
Sašo Črnugelj - TARGET2 and Payment Settlements
Andreja Birsa - SEPA

Retail Payments

What you will learn

How you will benefit

Who should attend

Faculty

Application procedure