home.aspx
 
. https://capital.report/Resources/Whitepapers/97d5e0fc-67de-4206-81f9-e15de676b770_ecb.implicationsdigitalisationretailpayments201907_d0a6f7abca.en.pdf
whitepaper
IMPLICATIONS OF DIGITALISATION IN RETAIL PAYMENTS FOR THE EUROSYSTEM’S CATALYST ROLE
Technological innovation, regulatory reforms and the increasing digitalisation of people’s daily lives have reshaped the European retail payments landscape and are set to continue to do so. Besides its role as operator of TARGET2, the Eurosystem acts as a catalyst for EU market integration. In this capacity, the Eurosystem has been active in analysing the resulting changes in retail payments, identifying trends, developing policies, collaborating with stakeholders and fostering innovation. To facilitate continued open collaboration with stakeholders and to drive change in a way that will benefit all EU citizens, it is necessary for the Eurosystem’s stance on retail payments to evolve in line with the changing world of digitalisation. This revised stance does not mean a new role for the Eurosystem but rather the adaptation, within the existing mandate, of the current catalyst role. DOWNLOAD