Focus Session in Frankfurt am Main

Welcome address

Marc Bayle de Jessé, Director General Market Infrastructure and Payments, European Central Bank

Payment trends

Technological developments and payment preferences go hand-in-hand. How is the recent wave of digitalisation impacting the payment industry? Which new payment solutions can we expect to see in the future?

Instant payment solutions up and running

We will meet providers of instant payment services who will tell us more about the solutions they have in place at a national level. They will also discuss the demand from consumers for cross-border instant payments, and the potential of the new ECB’s Target instant payment settlement (TIPS) service. Will TIPS help them extend their service reach beyond national borders? Is TIPS an effective solution to avoid fragmentation of instant payment services across Europe?

Interview

• Inge van Dijk, Dutch Payments Association
• Kasper Sylvest Olsen, Danske Bank
• Moderator: Paco Tur Hartmann, European Central Bank

TARGET instant payments settlement (TIPS) – what, who and how?

The Governing Council of the ECB has approved the development of a new market infrastructure service for the settlement of instant payments. TIPS will make it possible to process retail payments in an instant and at any time. How will TIPS function? Who will be able to use the service and what benefits will it offer them?

Presentation

• Mehdi Manaa, European Central Bank
• Massimiliano Renzetti, Banca d’Italia

Embracing synergies across the Eurosystem’s market infrastructures

The evolution of Eurosystem market infrastructures and the introduction of new services mean a greater need to optimise liquidity management for users. This presentation will detail how the ECB plans to meet users’ needs when it comes to both liquidity management and the new real-time gross settlement (RTGS) services.

Presentation

From the users’ perspective – how can liquidity be managed more efficiently?

The Eurosystem plans to introduce a central liquidity management tool across its market infrastructures. A public consultation on user requirements runs until 30 June 2017. Our panellists will comment on the consultation and discuss whether the new tool addresses their needs and how it will benefit users.

Panel discussion

• Edouard Berthet, BNP Paribas Securities Services
• Christian Goerlach, Deutsche Bank
• Beatriz Kissler Fernandez, CaixaBank
• Ludy Limburg, ING Bank
• Moderator: Karen Birkel, European Central Bank

Closing remarks

Marc Bayle de Jessé, Director General Market Infrastructure and Payments, European Central Bank