27 Feb 23 @ 17:43
P2P payments, Online and Offline POS payments and then e-commerce payments should be the order of priorities for the digital euro, the European Central Bank has said in documents published on... read more
10 Jan 23 @ 10:43
Cash is still the most frequently used means of payment at POS, but its share is declining according to the latest study on the payment attitudes of consumers in the... read more
17 Nov 22 @ 11:11
The European Central Bank (ECB) has issued a dire warning that a compounding combination of recession, soaring inflation, rising funding costs and lower liquidity is threatening the euro area financial... read more
19 Sep 22 @ 10:55
The European Central Bank (ECB) has announced the list of collaborators they will contract with to develop potential user interfaces for the digital euro. The aim of this prototyping exercise... read more
24 May 22 @ 13:47
In April Payments Cards & Mobile published excerpts of a speech by Fabio Panetta where the Member of the Executive Board of the ECB, started his speech “…Greed and lawlessness... read more
01 Mar 22 @ 09:09
Sberbank European subsidiaries are on the brink of collapse warns the European Central Bank as Russia’s largest bank face failure because of the impact of sanctions. Shares fell heavily at... read more
03 Dec 21 @ 16:09
Following a 2020 public consultation, the European Central Bank’s (ECB) Governing Council has approved a new Eurosystem oversight framework for electronic payments, schemes and arrangements. Background The PISA framework is the result... read more
10 Nov 21 @ 15:50
Central Bank Digital Currencies issued by major central banks will become legal tender in their jurisdictions, this may sound completely obvious but was certainly not to be taken for granted,... read more
21 Apr 21 @ 14:11
Plans for the much vaunted digital euro have started to take shape this week after the findings from the ECB’s public consultation and signals from Frankfurt that offer some relief... read more
15 Mar 21 @ 17:11
The ECB has recently petitioned European Union lawmakers saying that they expect to have veto power over the launch of stablecoins and other potentially disruptive cryptocurrencies such as Facebook’s Diem... read more
04 Feb 21 @ 17:02
The European Central Bank has announced that it will take the enormous decision in spring, whether to move ahead with the initial work to launch a digital euro. The complex... read more
02 Dec 20 @ 12:39
On October 27, 2020, the European Central Bank (ECB) issued a public consultation (Consultation) on its draft oversight framework for electronic payment instruments, schemes, and arrangements (PISA). The Consultation invites feedback on... read more
16 Nov 20 @ 20:04
The European Central Bank’s (ECB) Governing Council, in line with the European Commission’s (EC) objectives, has taken an important move towards the full reach of instant payments across the euro... read more
08 Oct 20 @ 13:00
The ECB has announced that it will investigate how TARGET Instant Payment Settlement (TIPS) could support instant payments transactions across different currencies. The investigation will begin as of October 2020... read more
05 Oct 20 @ 18:15
The European Central Bank (ECB) has released a report in which it states the importance they are placing on a potential digital euro which they are seriously considering and studying... read more
20 Mar 20 @ 12:49
The European Central Bank says it will spend €750 billion in bond purchases to calm down sovereign debt markets, in the strongest signal in the euro area to date that... read more
29 Nov 19 @ 16:02
The European Central Bank says it is exploring whether to develop a central bank digital currency (CBDC) as an alternative to cash. One of ECB’s most prominent board members warns... read more
26 Mar 18 @ 09:59
UK headquartered banks are still planning for a March 2019 departure from the UE after European regulators declined to offer any formal assurances for how business can be conducted during... read more
19 Feb 18 @ 17:23
In a speech by Yves Mersch, Member of the Executive Board of the ECB, at the 4th Bargeldsymposium of the Deutsche Bundesbank last week he defied the growing convention that Europe... read more
27 Nov 17 @ 16:16
The European Central Bank (ECB) has conducted a comprehensive study to analyse the use of cash, cards and other payment instruments used at points of sale (POS) by euro area... read more
24 Sep 26 @ 16:29
Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more
27 Sep 26 @ 18:53
Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more
27 Sep 26 @ 18:52
Seven major UK financial institutions have completed the first live customer transactions using tokenised sterling deposits, marking an important step in Britai... more