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Europe Daily Bulletin No. 9311

22 November 2006
Contents Publication in full By article 18 / 37
GENERAL NEWS / (eu) eu/ecb
ECB examines developments in European bank card sector

Brussels, 21/11/2006 (Agence Europe) - On 20 November the European central Bank (ECB) published a progress report entitled “The Eurosystem's View of a “SEPA for Cards””. The ECB points out that migration to SEPA requires card schemes and banking communities to decide on their strategic positioning within SEPA and then elaborate their business plans and maintain efficiency and low cost levels. These include the need for each card scheme to define and publicly disclose a medium to...

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GENERAL NEWS