European Central Bank (ECB)

324 results about this entity

Period: 16 Feb 2007 - 09 Sep 2024

ECB explores the social costs of payments

The social costs of making retail payments in the EU amounts to EUR45 billion, or nearly one percent of the combined GDP of the 13 member states surveyed by the European Central Bank.

Non-cash payments on the rise in EU

More than 90 billion non-cash payments were made in the EU last year, nearly five per cent up on 2010 thanks to rising use of credit and debit cards, according to European Central Bank figures.

Euroclear to join T2S project

The European Central Bank's plans to develop a common framework for securities settlement across Europe have been boosted by the agreement of three Euroclear central depositories in Belgium, France and The Netherlands to participate in the scheme.

ECB signs nine depositories to T2S project

Nine central securities depositories have signed up to participate in the European Central Bank's controversial Target 2 Securities (T2S) platform, which is intended to streamline securities settlement across the Eurozone.

European Central Bank proposes 2FA liability shift to boost Internet payment security

The European Central bank has issued a set of recommendations to promote the security of payments made over the Internet.

Swift, SIA and Colt win T2S connectivity licenses

Europe's central banks have awarded the two Target2Securities (T2S) connectivity licenses to Swift and a consortium made up of SIA and Colt.

T2S enters make-or-break phase as ECB doles out incentives for participation

The European Central Bank is to offer 'early bird' incentives to central securities depositories that sign up to the Target 2 Securities (T2S) platform, as the controversial project to streamline the Euro area's securities settlements systems reaches a critical make-or-break stage in its development.

Euro zone crisis fix? There's an app for that

Somebody at the European Central Bank must have a warped sense of humour. Amid desperate calls for the ECB to step in and do more to help alleviate the euro zone crisis, social media wonks at the bank turned to Twitter to trumpet the arrival of an important new monetary policy game for the iPhone and iPad.

EU watchdog warns of financial instability as Sibos bankers complain about regulatory burden

Financial stability within the EU is at risk unless decisive and swift action is implemented by all authorities, according to a warning issued by the European Systemic Risk Board (ESRB), the EU's super-watchdog.

ECB calls on recalcitrant CSDs to take efficient approach to T2S integration

The ECB has called on central securities depositories (CSDs) to 'efficiently reshape' their IT infrastructure in order to integrate to the T2S platform, its proposed pan-European settlement service which has encountered further delays amid foot-dragging by CSDs and protracted arguments over costs and pricing.

T2S delayed again

The European Central Bank has once again been forced to push back the deadline for implementation of Target2 Securities, the Eurosystem's ambitious but controversial project to harmonise Europe's securities settlement structure.

UK to sue European Central bank over clearing rules

The British government is to sue the European Central Bank over draft regulations that would force major clearing houses to relocate their operations away from the City of London.