European Central Bank (ECB)

333 results about this entity

Period: 16 Feb 2007 - 19 Dec 2024

ECB tackles anonymity and AML compliance in digital currency issuance

New research from the European Central Bank shows that it is possible to build a simplified payment system for central bank digital currencies, while safeguarding users’ privacy for low-value transactions and ensuring that higher-value transfers are subject to anti-money laundering checks.

/sustainable

ECB poised to champion climate change action under Lagarde

As part of a strategic review of the ECB’s purpose, the bank’s president Christine Lagarde will underline action on climate change as a fundamental component of monetary policy.

ECB offers support to bank-backed alternative to Visa and Mastercard

The European Central Bank has welcomed an initiative by some of Europe's top banks to explore the development of a rival payment system to challenge the dominance of Visa and Mastercard and the threat from Chinese and US Big Tech firms

French central bank floats European CBDC

France's central bank is urging Europe to explore the development of a wholesale central bank digital currency (CBDC).

EU banks contemplate rival to card schemes and Big Tech

Twenty European banks are reportedly working on the development of a rival payment system to challenge the dominance of Visa and Mastercard and the threat from Chinese and US Big Tech firms, according to a report by AFP.

Euro area card payments double in a decade

The number of card payments in the euro area have more than doubled in a decade as consumers increasingly dispense with the hassle of carrying notes and coins, according to the latest statistics from the European Central Bank.

ECB Exec: Libra has been a "wake up call" for central bankers

ECB executive board member Benoit Coeure says that the arrival of Facebook's putative cryptocurrency Libra has been a "wake up call" for central banks, and that public authorities should step up co-operation on the development of central bank backed digital currencies (CBDC)

/security

ECB shuts down website hit by hackers

The European Central Bank has shut down its Banks’ Integrated Reporting Dictionary (Bird) website after it was hacked and injected with malware.

/payments

European Central Bank publishes 2018 payment stats

The European Central Bank (ECB) has today published the 2018 statistics on non-cash payments, which comprise indicators on access to and use of payment services and terminals by the public, as well as volumes and values of transactions processed through payment systems.

Disruptor in chief Lagarde tapped for top ECB role

The imminent arrival of IMF managing director Christine Lagarde as the new president of the European Central Bank may harbour a greater role for central bank-backed digital currencies in managing the retreat from cash in developed economies.

/regulation

ECB appoints new head of market infrastructure and payments as Bayle steps down

The Executive Board of the European Central Bank (ECB) has appointed Ulrich Bindseil as Director General of Market Infrastructure and Payments (DG-MIP).

Swift to test real-time cross border payments in Europe

Banks from France, Germany, Italy, Luxembourg, Russia and Spain have joined with Swift to test real-time gpi cross-border payments through the Eurosystem’s Target Instant Payment Settlement (Tips).