european central bank

Consumer Demographics Determine Payment Preferences, Says European Central Bank
Consumer Demographics Determine Payment Preferences, Says European Central Bank
January 06, 2023  |  Payment Methods

The way consumers shop and pay has been clearly digitized in recent years. There are dozens of reports and surveys that attest to this fact,...

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Croatia Adopts Euro as Eurozone Economy Faces Multiple Headwinds
Croatia Adopts Euro as Eurozone Economy Faces Multiple Headwinds
January 04, 2023  |  Payment Methods

Having passed the last remaining legal hurdles, Croatia officially joined the eurozone on Jan 1. The European Union (EU) member became the 20th country to...

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Central Banks Pursue CBDCs in 2023 but Diverge on Design
Central Banks Pursue CBDCs in 2023 but Diverge on Design
January 02, 2023  |  CBDC

Central banks around the world have diverged in the design of CBDCs. As the investigation phase of the European Central Bank’s (ECB) digital euro project...

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ECB Outlines Banks’ Role in Central Bank Digital Currency Project
ECB Outlines Banks’ Role in Central Bank Digital Currency Project
December 21, 2022  |  CBDC

The ECB has published an update on its Central Bank Digital Currency project. The report, published on Thursday (Dec. 21), outlines the European Central Bank’s...

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International Money Transfer Firm Wise Launches New Savings Product
International Money Transfer Firm Wise Launches New Savings Product
December 15, 2022  |  emea

International money transfer company Wise has launched a new savings product. Launched in the U.K. on Thursday (Dec. 15), the new “Interest” product lets Wise...

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Eurozone Banks May Have Trouble Repaying ECB Loans 
Eurozone Banks May Have Trouble Repaying ECB Loans 
December 09, 2022  |  Loans

Some Eurozone banks reportedly may have trouble paying back the European Central Bank (ECB).  Banks are now repaying loans from the ECB’s Targeted Longer-Term Refinancing Operations (TLTRO)...

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ECB Board Member Says Crypto is ‘House of Cards’ 
ECB Board Member Says Crypto is ‘House of Cards’ 
December 07, 2022  |  Cryptocurrency

Regulation and a better alternative are the answers to the current turmoil in the crypto market.  So said Fabio Panetta, a member of the executive board...

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Cryptos’ Path Forward Seen Filled With Custody and Trust Challenges
Cryptos’ Path Forward Seen Filled With Custody and Trust Challenges
December 06, 2022  |  Cryptocurrency

The crisis engulfing cryptocurrencies can be traced, in part, to custody. FTX has imploded, the crypto world continues to shudder, and the trust factor looms...

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ECB Officials Say Bitcoin on the Road to Irrelevance
ECB Officials Say Bitcoin on the Road to Irrelevance
November 30, 2022  |  Cryptocurrency

A European Central Bank blog post says bitcoin is “on the road to irrelevance.” Two advisors at the European Central Bank, Ulrich Bindseil, a director...

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