Eurosystem to offer Sepa-wide VoP scheme
The central banking system of the Euro zone is to offer a Verification of Payee service for PSPs in the Single Euro Payments ...
ECB's $1.9 trillion-a-day trade settlement system suffers communications glitch
The European Central Bank reported a communications glitch on Thursday in its securities settlement system, which handles $1.9 trillion a day in transactions, leaving traders and bank risk managers ...
ECB cuts rates for sixth time since June despite sticky inflation
The European Central Bank cut its benchmark interest rate by a quarter point to 2.5% on Thursday as inflation nears 2% and ...
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European Central Bank Focus on Blockchain Based Payment Layer
The statement noted that "The Eurosystem wants to support the use of innovative solutions in its market infrastructures while maintaining the safety and efficiency of TARGET Services. It will continue ...