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...
The future of the global economy hinges on the future of money and payments. The largest set of global leaders in the history of the...
Around a third of eurozone consumers have reduced their cash usage compared to pre-pandemic levels. According to the results of a recent European Central Bank...
Eurozone inflation has dropped back into the single figures after two months of double-digit rates. The latest figures from the EU statistics agency Eurostat estimate...
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,...
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...
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...
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...
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...