Uh, oh, will … no.

Its Not true in that Description, also dont forget: SEPA!=Euro!=EU!=EER

Source: Im running a bank. In the EU.

Okay sure, but the point is that the solution is that is "Expand SEPA / faster payments system" not, "We need new technology".

It's a political problem not a technological one.

It's a technological problem. The SEPA system relies on MANY providers giving a many services. Replaces it with a technology that doesn't rely on any providers but instead allowing direct transfer of money from one person to another, and by almost by definition it'll be faster.