european central bank

ECB Proposal: Benefits of Digital Euro Outweigh the Costs
ECB Proposal: Benefits of Digital Euro Outweigh the Costs
June 26, 2023  |  CBDC

The European Union will reportedly publish draft rules governing a digital euro this week. The regulations provide the legal basis for the digital currency, assuming...

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ECB Says Payments Landscape Has Room for Digital Euro
ECB Says Payments Landscape Has Room for Digital Euro
May 30, 2023  |  CBDC

The European Central Bank (ECB) has done recent tests that show the potential of a digital euro. The bank released results of a “prototyping exercise” — conducted...

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Why SocGen’s B2B Marketplaces Strategy Needed FinTech
Why SocGen’s B2B Marketplaces Strategy Needed FinTech
May 03, 2023  |  Banking

Online business-to-business (B2B) marketplaces are fast growing in popularity, helping to accelerate digital payment innovation in the business space. According to a research study by...

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Lagarde Says Digital Euro May Give Europe Greater Resiliency
Lagarde Says Digital Euro May Give Europe Greater Resiliency
March 21, 2023  |  CBDC

A digital euro may provide Europe with greater resiliency and autonomy. So said European Central Bank President Christine Lagarde during a virtual event hosted by...

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‘Windfall Tax’ on Banks and Energy Companies Could Bring Spain $6B
‘Windfall Tax’ on Banks and Energy Companies Could Bring Spain $6B
February 22, 2023  |  Taxes

Spain’s government expects to raise $6.3 billion from its “windfall tax” on banks and energy companies. With those entities recording record earnings, the tax “is...

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ECB Renews Long-Term Commitment to Maintaining Euro Cash System
ECB Renews Long-Term Commitment to Maintaining Euro Cash System
February 08, 2023  |  Cash

The European Central Bank (ECB) has reaffirmed its commitment to maintaining a euro cash system. Commenting on a December ECB study on the payment attitudes...

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Lenders Under Regulatory Scrutiny as Consumer Debt Soars in Europe
Lenders Under Regulatory Scrutiny as Consumer Debt Soars in Europe
January 26, 2023  |  Bank Regulation

European regulators are targeting lenders as they look to protect consumers from excessive debt. In various guises across the continent, borrowing is on the rise....

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ECB Says Yes to Programmable Payments, No to Programmable Money
ECB Says Yes to Programmable Payments, No to Programmable Money
January 25, 2023  |  CBDC

Programmability is one of the major draws of digital money. It is also one of the features of cryptocurrencies that is being seriously considered by...

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ECB Board Member: Digital Euro Should Complement Other Payment Methods
ECB Board Member: Digital Euro Should Complement Other Payment Methods
January 23, 2023  |  emea

A digital euro should complement, not replace, other electronic payment methods or cash. So said European Central Bank (ECB) Executive Board Member Fabio Panetta in...

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