MEPs on the European Parliament’s Committee on Economic and Monetary Affairs (ECON) examined, on Tuesday 28 March, the report by Michiel Hoogeveen (ECR, Dutch) on instant credit transfers in euros. There was consensus within ECON on the need to implement this measure quickly.
Presented in October(see EUROPE B13051A16), this European Commission initiative aims to require payment services providers, offering credit transfer services in euros, to offer instant payments for no additional...