Migration to the Single Euro Payments Area (SEPA) for credit transfers and direct debits was a major milestone in European retail payments integration. SEPA for cards is the next logical step in that process. To this day, consumers and merchants, but also banks and other payment service providers, still encounter obstacles or experience geographical differences when making and accepting card payments.
2 Why to combine sustainable finance and digitalisation in one conference Let us look at a major challenge for supervisors in the realm of sustainable finance: The analysis of climate-related risks and the quest for appropriate analytical methods. We know by now that our traditional and tested backward-looking approach is not up to the task; we need a forwardlooking perspective.