23 Feb 17 @ 10:01

Ten years ago the European Commission (EC) and the European Central Bank (ECB) announced a common vision for the Single Euro Payments Area (SEPA), which they described as an “integrated... read more

17 May 16 @ 13:15

The European Central Bank will set up a database to register incidents of cyber attack and cyber crime at commercial banks, aiming to create an early warning and analysis system... read more

09 May 16 @ 12:19

The European Central Bank has stopped producing €500 notes, in a move it depicts as a crackdown on crime but which critics in German-speaking countries say is part of an... read more

02 Feb 16 @ 14:40

The European Central Bank is working on a new plan for bank transfers, allowing consumers to transfer money using their phone numbers or email addresses rather than a complicated bank account... read more

29 Apr 15 @ 10:29

Should payments be as quick as emails or messaging with smartphone apps? Should funds be transferred instantly from sender to receiver around the clock? Many actors are paying more attention... read more

04 Mar 15 @ 15:16

The European Central Bank has published a new report on digital currencies, describing them as “inherently unstable” whilst remaining upbeat about the potentially transformative benefits they may offer in payments. The ECB study builds... read more

09 Dec 14 @ 09:56

In its second meeting, on 1 December 2014, the Euro Retail Payments Board (ERPB), a multi-stakeholder group chaired by the European Central Bank (ECB), decided to step up work on the... read more

29 Oct 14 @ 12:03

The European Central Bank (ECB) has flexed its muscles in the payment systems oversight area for the first time through the exercise of new powers by identifying 4 payment systems that... read more

24 Sep 14 @ 10:58

Now that SEPA direct debits and credit transfers are firmly established in Europe, the European Central Bank (ECB) is aiming to speed up SEPA for cards. In a new report,... read more

22 Aug 14 @ 10:48

The European Central Bank (ECB) has named four key payment systems – Target2, Euro1, Step2-T and Core(Fr) – as “systemically important”, and as a result they will be subject to... read more

29 Apr 14 @ 13:06

Following the near completion of the migration of the first two payment instruments, credit transfers (CTs) and direct debits (DDs), to the Single Euro Payments Area (SEPA), the Eurosystem is... read more

04 Feb 14 @ 15:50

On 30 January 2014 the Governing Council of the European Central Bank (ECB) endorsed the Assessment guide for the security of internet payments, prepared by the European Forum on the... read more

21 Nov 13 @ 11:05

Banks, credit card companies and other payment service providers (PSPs) should put multiple “security measures” in place to ensure that they can repel attempts to breach the integrity of internet... read more

22 Mar 13 @ 00:00

The European Central Bank (ECB) has today published its first Report on the Migration towards the Single Euro Payments Area (SEPA), which describes the state of play of the migration... read more

02 Jan 13 @ 00:00

The European Central Bank (ECB) today released a comprehensive set of “Recommendations for the security of internet payments”, following a two-month public consultation carried out in 2012. The Recommendations represent... read more

15 Sep 26 @ 17:05

Artificial intelligence is already embedded across European banking. More than 85 per cent of banks supervised by European authorities now use AI, according to the European Central Bank. The next... read more

25 Jun 26 @ 19:24

The European Union has taken a significant step towards creating a digital euro, with the European Parliament’s Economic and Monetary Affairs (ECON) Committee approving its negotiating position on the legislation... read more

14 Jun 26 @ 14:58

For more than a decade, Revolut has been the poster child of European fintech disruption, building a global customer base through relentless product innovation and rapid market expansion. However, recent... read more

18 May 26 @ 17:07

European Central Bank president Christine Lagarde has challenged the growing argument that Europe should answer dollar stablecoin dominance with euro-denominated equivalents, warning that such instruments may import financial fragilities rather... read more

12 Mar 25 @ 19:16

The European Central Bank (ECB) is actively advancing the preparatory phase of its proposed digital euro, slated for completion by October 2025. However, recent developments have intensified scrutiny from policymakers... read more