21 Nov 23 @ 18:24

With the decision of the ECB on the start of the preparation phase, Europe has come one step closer to the digital euro. However, there is still a number of... read more

09 Nov 23 @ 12:15

The Council and the European Parliament have reached a political agreement on the instant payments proposal, which will improve the availability of instant payment options in euro to consumers and businesses in the EU... read more

18 Oct 23 @ 17:24

The Governing Council of the European Central Bank (ECB) decided today to move to the next phase of the digital euro project: the preparation phase. This decision follows the completion of... read more

05 Oct 23 @ 16:09

In June 2023 the European Commission put forward a proposal for a Regulation to further digitalise and improve competitiveness in the European financial sector. The proposal for a Financial Data... read more

04 Oct 23 @ 11:16

The European Central Bank will start exploratory work for financial market settlement based on distributed ledger technology (DLT) starting in 2024, according to minutes published Thursday. The central bank is looking... read more

02 Oct 23 @ 17:07

It’s now been a few months since the European Commission (EC) published its package of proposals for the next generation of payments regulation in the EU. The proposals – which... read more

29 Sep 23 @ 10:35

An European Central Bank unit called the “infinity team” has launched nine trials of generative AI — adapting off-the-shelf systems that can create sophisticated text, images and computer code —... read more

27 Sep 23 @ 17:18

While UK consumers’ exposure to cybercrime has reduced over the past year, they experience more at cybercrime losses than any other major market in the world – despite being less... read more

18 Sep 23 @ 14:50

In May 2023, the European Commission published a draft proposal to mandate the use of instant payments for all Euro transactions between member states into and out of the Euro... read more

11 Sep 23 @ 15:00

Serious and organised crime continues to threaten the internal security of the EU says a new report: The Other Side of the Coin: An Analysis of Financial and Economic Crime.... read more

18 Aug 23 @ 12:15

The Fintech Open Source Foundation (FINOS), the foundation of open innovation in financial services and part of the Linux Foundation, has announced the formation of an open standard project, based... read more

10 Aug 23 @ 11:00

Now that the first draft of the proposed PSD3 regulation has been released, there is a significant amount of interest in data sharing between banks and third-party organisations. PSD3, in... read more

13 Jul 23 @ 09:57

After much anticipation, the European Commission (EC) has published its proposed revisions to EU payment services legislation, as well as a proposal on Open Finance/data access in the financial services... read more

29 Jun 23 @ 13:11

The European Commission has put forward proposals to bring payments and the wider financial sector into the digital age including an update to PSD2 in the form of PSD3. The... read more

26 Jun 23 @ 17:13

Instant payments are a relatively new type of credit transfer responding to the needs of an increasingly digitalised society. They allow funds to be transferred in a matter of seconds,... read more

20 Jun 23 @ 12:14

In May 2022, most of us were unaware of the potential of generative AI (Artificial Intelligence) tools. We’d seen AI generated content in presentations, but they always seemed to recycle... read more

14 Jun 23 @ 17:25

Recent thinking published by HM Treasury and the European Central Bank show divergence between the UK and European Union (EU) visions for digital currency. At present, the UK seems to... read more

02 Jun 23 @ 10:00

Amid all the hype about a digital future in which consumers transact instantly between their accounts using digital wallets, it can be easy to lose sight of the present –... read more

31 May 23 @ 11:53

The European Central Bank (ECB) has published two reports on its market research and prototyping exercise, which were both conducted as part of the investigation phase of the digital euro project. The... read more

11 May 23 @ 09:08

In response to the growing public attention given to ChatGPT, the Europol Innovation Lab organised a number of workshops with subject matter experts from across Europol to explore how criminals... read more