The True Story of SEPA and EU Payments Integration

For those of you who have been waiting for the definitive, inside story of the European Payments Integration Project, wait no more. In this exclusive NEXTcast, David Evans is joined by Ruth Wandhofer, author of EU Payments Integration: The Tale of SEPA, PSD and Other Milestones Along the Road.

David and Ruth dive into the details of the recent book, background and evolution of SEPA, the benefits, market adjustments and more.

Ruth Wandhöfer, GTS Head of Regulatory & Market Strategy EMEA, Director, Citi Global Transaction Service

Ruth Wandhöfer is highly regarded across the European banking industry for her in-depth knowledge of the regulatory, market and competitive landscape and in particular is acknowledged as one of the foremost authorities on SEPA (the Single Euro Payments Area) and the PSD (Payment Services Directive).  She holds a number of influential positions, including the Chairmanship of the European banking industry’s Payments Regulatory Expert Group, membership of the Plenary of the European Payments Council (EPC), Chairmanship of the EPC’s Information Security Support Group, membership of the EPC’s SEPA Scheme Working Group, membership of the EPC’s Executive Committee (Co-ordination Committee), membership of the EU Commission’s Payment Systems Market Expert Group and membership of COGEPS, the high level Euro Payments Strategy forum of the ECB to discuss payment policy issues with the market. 

Ruth is currently responsible for Citi’s Regulatory & Market Strategy within the Global Transaction Services (GTS) business in EMEA.  As such, she has external responsibility for engaging with and influencing the evolving regulatory and market/standards environment on a wide range of established and emerging topics in the transaction banking space, as well as driving and coordinating the business response within Citi GTS. In a SEPA and PSD context, this has included responsibility for Citi GTSs’ PSD implementation project as well as the product evolution and thought leadership in relation to all aspects of Citi’s response to SEPA.