European Central Bank (ECB)

333 results about this entity

Period: 16 Feb 2007 - 19 Dec 2024

ECB: Banks need to grasp instant payment opportunity to beat off virtual currencies

Banks need to implement instant payments as soon as possible and provide an alternate narrative to the ongoing public debate on the alleged innovation brought by virtual currency schemes, says Yves Mersch, an executive board member of the European Central Bank.

In Europe, cash still dominates at the POS

Cash still dominates at the point of sale in Europe, accounting for more than three quarters of all in store transactions in the euro area last year, according to an ECB study.

Ripple boss predicts central bank adoption of blockchain

Central banks will use distributed ledger technology (DLT) to settle high-value interbank payments within the next five to ten years, predicts the chief executive of Ripple.

Sibos 2017: ECB and clearing firms play nice on instant payments

European clearing industry players put any lingering irritation with the ECB to one side during the final day of Sibos to come together to extol the virtues of instant payments.

Sibos 2017: Blockchain - reality or utopia

Sunny optimism faced off with hard-nosed pragmatism during an early Sibos session on blockchain in the cash and securities settlement space, as ConsenSys rep Monica Singer tried desperately to win over cynical bankers.

ECB invites expressions of interest for mobile app development challenge

The European Central Bank is inviting independent techies and vendors to develop a mobile app for its forthcoming instant payment settlement system that will let people and businesses send money anywhere in the euro area within seconds.

ECB ponders bigger liquidity requirements for 'fintech banks'

The European Central Bank says that, because they pose unique risks, it may start asking fintech firms seeking banking licenses to hold bigger capital buffers and larger liquidity.

Final migration wave of T2S successfully completed

The single European securities settlement platform TARGET2-Securities (T2S) is now fully operational.

ECB and Bank of Japan conclude DLT not ready for RTGS systems

Distributed ledger technology is not mature enough for large-scale applications like real-time gross settlement (RTGS) systems, the Bank of Japan and European Central Bank have concluded.

ECB preps eurozone-wide instant payments service

The European Central Bank has outlined plans to build an instant payment settlement system that will let people and businesses send money anywhere in the euro area within seconds.

ECB consults on user requirements for future RTGS services

Market infrastructure is the backbone of the financial system. It is there to ensure that financial assets move safely and efficiently across financial institutions.

European Central Bank seeks DLT project lead

The European Central Bank is in the market for a senior technology executive with three years of practical experience in distributed ledger applications and front and back office project management expertise.