Joint European Central Bank – Nationale Bank van België/Banque Nationale de Belgique conference

Crossing the chasm to the retail payments of tomorrow

Tuesday, 26 and Wednesday, 27 November 2019, Brussels

Joint ECB - NBB/BNB conference: Crossing the chasm to the retail payments of tomorrow

The conference will be the sixth in the series of high-profile retail payments conferences organised jointly by the ECB and a national central bank. This time the conference is co-hosted with the Nationale Bank van België/Banque Nationale de Belgique. Discussions over the one and a half days will revolve around the highly topical issues of transformative trends and possible disruptions in the retail payments space, as well as their potential impact.


Further speakers still to be added.

Tuesday, 26 November 2019

Registration and coffee

Welcome address and introductory speech

Governor of the Nationale Bank van België/Banque Nationale de Belgique and Member of the Executive Board, European Central Bank


Theme I – Transformative trends in retail payments


Panel discussion: Innovations and changing customer behaviour, remodelling retail payment practices

Chair: Jean Hilgers, Director, Nationale Bank van België/Banque Nationale de Belgique

  • Burkhard Balz, Member of the Executive Board, Deutsche Bundesbank
  • Ivo Mechels, Executive Director, Test-Achats/Test-Aankoop
  • Javier Santamaría, Chair, European Payments Council
Coffee break

Keynote speech: Ensuring an integrated market for retail payments without stifling innovation

Speaker to be confirmed


Panel discussion: Instant payments and payment initiation services: new opportunities

Chair: tbc, European Central Bank

  • Tuomas Välimäki, Member of the Board, Suomen Pankki – Finlands Bank
  • Mario Nava, Director, Directorate-General for Financial Stability, Financial Services and Capital Markets Union, European Commission
  • Ivo De Meersman, General Manager Payments & Cards Belgium, KBC Bank & Verzekering
  • Fernando Rodríguez Ferrer, Business Development Director, Bizum



Academic session: A changing retail payments ecosystem – current trends and envisaged impact

  • Nicole Jonker, Carin van der Cruijsen et al (De Nederlandsche Bank):
    “The impact of PSD2 on the functioning of the retail payments market”
  • Florian Misch (International Monetary Fund), Björn Segendorf (Sveriges Riksbank) et al:
    “The diffusion of innovation in the payments market. Insights from Swish”

Chair: Eric Ducoulombier, Head of Unit, Directorate-General for Financial Stability, Financial Services and Capital Markets Union, European Commission

Discussant: Valérie Fasquelle, Director, Banque de France


Keynote speech: A take on the future

Key Pousttchi, SAP Professor of Business Informatics and Digitalisation, University of Potsdam


Coffee break


Theme II – Winds of disruption in retail payments


Panel discussion: How does technology change the market for payment services?

Chair to be confirmed

  • Rita Lourenço, General Manager, Head of Payments & Acquiring Business, Millennium bcp
  • Philipp Sandner, Frankfurt School Blockchain Center, Frankfurt School of Finance & Management
  • Flora Coleman, Head of Government Relations Department, TransferWise

Academic session: Drivers of possible disruption

  • Andrea Pinna et al (European Central Bank):
    “In search for stability in crypto-assets. Are stable coins the solution?”
  • Helmut Stix (Oesterreichische Nationalbank):
    “Ownership and purchase intention of crypto-assets”

Chair: Carlos Conesa, Associate Director General, Financial Innovation and Market Infrastructures, Banco de España

Discussant: Francesco Papadia, Senior Fellow, Bruegel


End of Day 1


Dinner - by invitation only

Wednesday, 27 November 2019


Keynote speech: Innovations in retail payments

Agustín Carstens, General Manager, Bank for International Settlements


Panel discussion: Digitalisation and cyber security: friend or foe?

Chair: Tim Hermans, Director, Nationale Bank van België/Banque Nationale de Belgique

  • Nathalie Tuxen, Head of Payments Systems, Danmarks Nationalbank
  • Javier Pérez-Tasso, Chief Executive Officer, SWIFT
  • Bill Trent, Managing Director, Clients & Markets, Context
  • Morten Bech, Head of Secretariat, Committee on Payments and Market Infrastructures, Bank for International Settlements
Coffee break

Theme III – The role for central banks and regulators


Keynote speech: The future of cash and the role of central banks

Cecilia Skingsley, Deputy Governor, Sveriges Riksbank


Academic session: Potential role for public authorities

  • László Kajdi et al (Magyar Nemzeti Bank):
    “Instant payments in Hungary. The central bank’s role in its development”
  • Tanai Khiaonarong et al (International Monetary Fund):
    “Fintech and payment services. A framework for risk assessment”

Chair: Maria Tereza Cavaco, Deputy Head of Department, Banco de Portugal

Discussant: Alexandre Stervinou, Member of Secretariat, Financial Stability Board, Bank for International Settlements


Concluding remarks

Please note that this programme may be subject to change without notice.

A photographer will be present at the event taking photographs for our internet/intranet webpage. If you prefer not to have your photograph taken, please approach the photographer directly. The event may be filmed and the video recording, or parts of it, may be published on the internet/intranet.