In the age of digital money, the European Central Bank is stressing its commitment to cash through the launch of a new EUR50 note.
Standard Chartered explores whether blockchain technology could have a material role or impact on the European Central Bank’s (ECB) Target2Securities (T2S) project.
The European Central Bank has gone to tender for a new real-time position-keeping/treasury management system.
Today the Governing Council of the European Central Bank (ECB) concluded a review of the denominational structure of the Europa series. It has decided to permanently stop producing the €500 banknote and to exclude it from the Europa series, taking into account concerns that this banknote could facilitate illicit activities.
The European Central Bank is looking into the use of distributed ledger technology (DLT) for the Eurosystem's market infrastructure but is wary of the far-reaching consequences for the role of central bank money, says executive board member Yves Mersch.
Interbank payments network Swift may lose its status as the sole network supplier to the European Central Bank's Target2 real-time gross settlement (RTGS) platform as the Eurosystem enters consultation on the future for payments and settlement across the eurozone.
The European Central Bank has selected Sia, in partnership with Colt, for its connection to Target2-Securities (T2S), the new centralised European platform for the settlement of domestic and cross-border securities transactions.
The European Central Bank is working with a steering committee of major European banks on plans to develop a person-to-person mobile payment network for funds transfers across the Eurozone.
The Eurosystem will welcome Hrvatska narodna banka (central bank of Croatia) and its national user community to the real-time gross settlement system TARGET2 on 1 February 2016
The European Central Bank has once again revised the timetable for central securities depositories migrating to the harmonised clearing and settlement platform T2S in the wake of hold ups at the bloc's two largest groups Euroclear and Clearstream.
© Finextra Research 2016