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The European Central Banks welcomes the Bulgarian market to TIPS

News | Payments General | 20 Dec 2024

The European Central Bank has welcomed the Bulgarian market to the TIPS service, following its successful migration in December 2024.

partnership, digital euro, SEPA, payments , ecommerce

ECB provides updates on digital euro development

News | Online & Mobile Banking | 03 Dec 2024

The European Central Bank (ECB) has released its second progress report on the preparatory phase of a potential digital euro.

cryptocurrency, digital euro, research, regulation

ECB debates the publishing of a report for EU banks' capital requirements

News | Online & Mobile Banking | 18 Nov 2024

The European Central Bank (ECB) has been debating whether to release a sensitive report underlining capital requirements for large EU lenders compared to US financial institutions. 

regulation, banks, financial services, banking, lending

ECB launches initiatives to improve cross-border payments

News | Payments General | 24 Oct 2024

The European Central Bank (ECB) has announced new initiatives aimed at improving cross-border payments both within the European Union and internationally.

cross-border payments, digital payments, online payments, regulation

INDEXO Bank partners Mambu to launch its banking operations in Latvia

News | Online & Mobile Banking | 09 Oct 2024

INDEXO Bank has announced that it has received its banking licence from the European Central Bank and has started its banking operations in Latvia.

banking, fintech, partnership, mobile banking, digital banking

UniCredit seeks ECB approval to increase stake in Commerzbank to 30%

News | Payments General | 18 Sep 2024

UniCredit had planned to seek approval from the European Central Bank (ECB) to potentially increase its stake in Commerzbank to 30%, according to sources familiar with the matter.

acquisition, banks, central bank, regulation, merger

Central Bank of Iceland expresses interest in T2 and TIPS

News | Online & Mobile Banking | 10 Sep 2024

The European Central Bank (ECB) has noted the Central Bank of Iceland's (Seðlabanki Íslands) interest regarding potential participation in T2 and TIPS.

central bank, financial services, banks, partnership

The ECB and EBA report reveals EUR 4.3 billion in fraud payments

News | Digital Identity, Security & Online Fraud | 02 Aug 2024

The European Central Bank (ECB) and the European Banking Authority (EBA) have published a collaborative report on payment fraud data.

report, payment fraud, partnership, fraud management, online authentication

ECB cyber resilience stress test reveals banks' strengths and gaps

News | Cryptocurrencies | 29 Jul 2024

The European Central Bank (ECB) has concluded its cyber resilience test, showing banks' strengths and weaknesses in handling cyberattacks.

cybersecurity, banking, online security, banks, fraud management

The ECB wants Revolut to improve controls following review

News | Digital Identity, Security & Online Fraud | 23 Jul 2024

The European Central Bank (ECB) has urged Revolut to enhance its financial crime controls and governance for its European operations.

fraud prevention, financial crime, fintech, compliance

ECB reveals progress towards digital euro

News | Cryptocurrencies | 02 Jul 2024

The European Central Bank (ECB) has reported on progress made in the preparation phase of the digital euro, emphasising modernised payments, privacy, and EU autonomy.

digital euro, central bank, PSP, fraud prevention, digital payments

Snappi secures universal banking license from ECB

News | Online & Mobile Banking | 01 Jul 2024

Snappi, a Greek neobank, has obtained a universal banking license from the European Central Bank (ECB), following the recommendation of the Bank of Greece.

neobanks, banking license, central bank, digital banking

21X to participate in the Eurosystem exploratory work

News | Cryptocurrencies | 28 Jun 2024

Frankfurt-based fintech 21X has been selected to participate in the European Central Bank Initiative on DLT for wholesale CBDC settlement. 

banking, partnership, CBDC, cryptocurrency, crypto, digital assets, crypto asset

Project Meridian FX launched to improve FX transaction settlements

News | Online Payments | 17 Jun 2024

The Eurosystem, in collaboration with the London Centres of the BIS Innovation Hub and the Bank of England, has initiated Project Meridian FX.

partnership, product launch, DLT, FX , transactions

ECB launches consultation on cloud outsourcing guidelines

News | Online & Mobile Banking | 04 Jun 2024

The European Central Bank has launched a public consultation on its new guide concerning the outsourcing of cloud services to cloud service providers. 

central bank, banks, banking, regulation, cloud services

European and Canadian central banks expected to cut interest rates

News | Payments General | 03 Jun 2024

The European Central Bank (ECB) and the Bank of Canada (BoC) have been forecast to lower their benchmark rates in the coming days. 

central bank, inflation, banks, interest rate

Eurosystem begins DLT trials for wholesale transactions

News | Online & Mobile Banking | 16 May 2024

The Eurosystem has begun a series of trials to assess the application of distributed ledger technology (DLT) for settling wholesale transactions in central bank money.

DLT, transactions , fintech, financial services

ECB to instruct UniCredit on Russia business reduction

News | Digital Identity, Security & Online Fraud | 22 Apr 2024

Reuters reports that the European Central Bank (ECB) has decided to instruct Italy-based UniCredit to scale down its business activities with Russia.

compliance, regulation, financial sanctions, financial services

ECB and EBA partner to improve banking industry data reporting

News | Online & Mobile Banking | 19 Mar 2024

The European Central Bank (ECB) and the European Banking Authority (EBA) have established a Joint Bank Reporting Committee.

partnership, banking, data analytics, financial data

ECB allocates EUR 1.2 billion for retail digital euro development

News | Cryptocurrencies | 11 Jan 2024

The European Central Bank has announced plans to allocate up to EUR 1.2 billion to contractors to develop features facilitating offline payments for a retail digital euro.

cryptocurrency, investment, CBDC, payments