european central bank

TIPS System Glitch Stalls European Banks

TIPS System Glitch Stalls European Banks
TIPS System Glitch Stalls European Banks
August 10, 2021  |  Banking

A glitch in the European Central Bank’s payment system late Monday (Aug. 9) left several EU financial institutions stranded during the vital hours near the...

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Today In Digital-First Banking: Revolut Lands $800M At $33B Valuation; Transcard Launches Smart Disburse Platform
Today In Digital-First Banking: Revolut Lands $800M At $33B Valuation; Transcard Launches Smart Disburse Platform
July 15, 2021  |  Banking

In today’s top news in digital-first banking, Revolut notched $800 million at a $33 billion valuation, while Transcard launched a Smart Disburse product for companies,...

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EU’s Exploration Of Digital Euro Seen As Threat To Other Volatile Cryptocurrencies
EU’s Exploration Of Digital Euro Seen As Threat To Other Volatile Cryptocurrencies
July 15, 2021  |  Cryptocurrency

In world that is literally filled with crypto volatility and speculation, Europe’s appetite for something that is more stable is understandable. Get the Full Story...

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ECB Begins ‘Investigation Phase’ Of Digital Euro Project
ECB Begins ‘Investigation Phase’ Of Digital Euro Project
July 14, 2021  |  Cross-border Payments

The European Central Bank announced on Wednesday (July 14) that it will begin the investigation phase of its digital euro project. Get the Full Story...

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Morgan Stanley Estimates 8 Pct Of Bank Deposits Could Be Impacted By A Digital Euro
Morgan Stanley Estimates 8 Pct Of Bank Deposits Could Be Impacted By A Digital Euro
June 16, 2021  |  Cryptocurrency

Morgan Stanley analysts have said a digital euro might preclude a decline of 8 percent of consumer deposits from euro zone banks, Reuters writes. Get...

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Today In Digital-First Banking: Mexico Payments Firm Prosa Seeks Buyer; United Bankshares To Purchase Community Bankers Trust Corporation
Today In Digital-First Banking: Mexico Payments Firm Prosa Seeks Buyer; United Bankshares To Purchase Community...
June 03, 2021  |  Banking

In today’s top news in digital-first banking, Mexico’s Prosa is looking for a buyer that will pony up more than $1 billion, while United Bankshares has...

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Euro’s Standing Could Improve With Digital Version, ECB Says
Euro’s Standing Could Improve With Digital Version, ECB Says
June 02, 2021  |  Digital Payments

In a new report, the European Central Bank says that the advent of a digital version of the euro could improve the currency’s global standing...

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Today In Payments Around The World: Netstars Wraps Up $60 Million In Funding; Flipkart Reportedly Plans To Buy Cleartrip
Today In Payments Around The World: Netstars Wraps Up $60 Million In Funding; Flipkart Reportedly...
April 15, 2021  |  Cross-border Payments

In today’s top payments news around the world, Japanese QR code payment gateway provider Netstars Co. has secured $60 million in funding, while India’s Flipkart...

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