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Scoop.it!
The European Commission is pondering a "regulatory push" to encourage adoption of the new TIPS instant payments service and make it a genuine rival to the card schemes and tech giant-built digital wallets. 
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Scoop.it!
European parliamentarians have voted in favour of new rules which will force banks to slash fees on cross-border euro payments between EU countries that are in the euro zone and those that are not.
Vineet Anand's insight:
EU parliament votes for slashing fees for cross-border euro payments between countries that are in the EU and outside the EU. A single European payments fee construct with transparency on conversation via alerts. Rules to be enabled before the end of the year.
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Curated by Vineet Anand
Payment Industry leader passionate about Fintech, Innovation in Banking, Product Management & Strategy, driving revenue growth through client management, business development and P&L focus.
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TIPS push by EC and PSD2 September release to create an open playing field for incumbents and new operators within EU!