European Central Bank (ECB)

325 results about this entity

Period: 16 Feb 2007 - 01 Oct 2024

/crypto

EBAday 2020: Stablecoins could pose threat to level playing field in payments landscape

The level playing field of payment services could be undermined by the widespread use of stablecoin network, according to Maria Teresa Chimienti, market infrastructure expert at the the European Central Bank.

/payments

ECB announces independent review of payments system outage

The European Central Bank (ECB) will launch an independent review of an incident that affected its real-time gross settlement system TARGET2 on 23 October 2020, causing an outage for almost 10 hours.

/payments

ECB blames third-party network device for Target2 collapse

The European Central bank has blamed a software defect at a third party technology provider for an outage that downed the Target2 settlement system for almost 11 hours on Friday.

/payments

Target2 experiences total system failure, Sepa payments delayed

A complete failure of all payment transactions within the Target2 system was experienced for several hours on Friday, with backup systems and contingency modules also initially unable to function.

/regulation

ECB confirms one-year delay to Eurosystem Collateral Management System

The Governing Council of the ECB has decided to reschedule the launch of the Eurosystem Collateral Management System (ECMS) from November 2022 to November 2023.

/payments

No rivalry between public and private digital currency solutions – European Commission

During the ‘Retail Payments Strategy’ webinar held Wednesday , the European Commission’s Eric Ducoulombier, head of retail financial services and payment unit, spoke to the subject of digital currencies and the future of a digital euro.

/crime

ECB monitors cyber resilience in face of Covid-19 threat actors

Appearing at Sibos 2020, Fiona van Echelpoel, deputy director general, ECB, dove into the biggest cyber threats facing financial services as the Covid-19 pandemic continues to unfold.

/crime

Sibos 2020: Is 'Ransomware-as-a-Service' a symptom of innovation?

Drilling down into the biggest threats facing financial services during Covid-19, industry heavyweights provide their perspectives on the changing face of cyber threats and where our biggest vulnerabilities reside during day 3 of Sibos 2020.

/payments

ECB to test instant cross-currency payments via Target

The European Central Bank is kicking off a project with Sverige Riksbank that will investigate whether and how Target Instant Payment Settlement (Tips) could support payment transactions across different currencies.

/crypto

ECB moves a step closer to the creation of a digital euro

The European Central bank is to conduct a public consultation on the possible creation of a digital euro, after a high-level taskforce sketched out possible scenarios that would require central banks to mint their own cryptocurrency.

/payments

EURO1/STEP1 ISO 20022 migration delayed to align with T2-T2S timetable

In a confidential letter sent to the participants of EURO1 large value payments and the STEP1 platform Wednesday, EBA Clearing announced delays to testing and live implementation dates.

European Central Bank extends SkySparc contract

SkySparc, an independent solutions provider, has been re-selected by the European Central Bank (ECB) to provide comprehensive consultancy services for four years to support its use of the Wallstreet Suite (WSS).