02 Feb 22 @ 10:40

The European Banking Authority (EBA) has launched its central database for anti-money laundering and counter-terrorist financing (AML/CFT). This European reporting System for material CFT/AML weaknesses, EuReCA, will be central to... read more

01 Feb 22 @ 13:12

The latest version of the European Central Bank fraud report is now available. The report, Seventh report on card fraud, analyses trends in card fraud in 2019 as reported by... read more

14 Dec 21 @ 15:14

The UK Financial Conduct Authority (FCA) has recently published its policy statement PS21/19 which sets out amendments to the UK SCA-RTS. The Policy Statement sets out final rule changes, as... 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

30 Nov 21 @ 13:11

Are you aware of just how often real-world offences and cyber crimes are committed across Europe and which countries are most affected? TechRobot has carried out research on real-world crime... read more

02 Nov 21 @ 13:19

A new report, The European Payments Landscape in 2030: Implants, embedded ethics and a ‘post-payments’ world, examines the potential issues and innovations that may emerge in the next decade of... read more

12 Aug 21 @ 11:55

The European Commission has presented an ambitious package of legislative proposals to strengthen the EU’s anti-money laundering and countering terrorism financing (AML/CFT) rules. The package also includes the proposal for... read more

02 Aug 21 @ 18:16

In a recent speech by Mr Luis de Guindos, Vice-President of the European Central Bank, at the Frankfurt Euro Finance Summit in Frankfurt, the seasoned banker made clear that Europe’s... read more

09 Jul 21 @ 15:25

The European Commission has announced merger approval for the P27 Nordic Payments initiative to establish its pan-Nordic payments platform. This approval marks a significant milestone for the initiative which is... read more

23 Jun 21 @ 15:37

Even before the pandemic, the future of cash was being discussed as the use of digital payments accelerated. But the pandemic has raised the volume of that debate significantly. It... read more

04 Jun 21 @ 15:35

Small and Medium Enterprises (SMEs) are the backbone of Europe’s economy. European Union[1] data shows that SMEs account for 99% of all businesses by number across the bloc, while in... read more

02 Jun 21 @ 09:59

The US is beating the UK in the rollout of the 3D Secure 2 (3DS2) multi-factor authentication protocol, new data from Ravelin shows. 68% of transactions in the US now... read more

21 May 21 @ 11:06

The ECB has taken aim at major EU banks for the prices they are setting for Instant Payments. In a speech given by Fabio Panetta, Member of the Executive Board... read more

12 May 21 @ 12:07

Money laundering is about much more than white-collar crime. It is a process which fuels the activities of criminal gangs that are extremely harmful to European society as a whole.... 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

12 Apr 21 @ 13:19

On March 10, 2021, the European Commission (EC) published an Inception Impact Assessment (IIA) on the Commission’s planned initiative on real-time payments in the EU. The IIA was open for feedback... read more

06 Apr 21 @ 10:00

The possibility of a digital euro is setting high expectations. But it is also raising questions. At the ECB we take people’s concerns seriously, and are thus committed to clearing... read more

23 Feb 21 @ 17:00

Throughout history, innovations in money have challenged and altered the structure of the financial system, but perhaps non more so than the concept of a digital euro. Time and time... read more

22 Feb 21 @ 15:16

Digital currencies, whether these are central-bank issued, price-stabilised cryptocurrencies (“stablecoins”), or non-stabilised cryptocurrencies such as Bitcoin, are poised to have an impact on the financial system. In recent months we... 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