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European Central Bank

Europe payment link mustn’t be hobbled

India and the European Central Bank have entere d the “realisation phase” of linking the Unified Payments Interface (UPI) with Europe’s TARGET Instant Payment Settlement (TIPS) system, in a rare moment where regulators are making life meaningfully easier for consumers.

New risks confront the post-Lehman world

He believes that greater German involvement in the last stages of the negotiations - which have so far been driven mainly by the French - will tip the balance in the UK's favour.