A picture is worth a thousand words. In the world of central bankers, it can even move global financial markets. Central bankers like Fed Chairman Jerome Powell and European Central Bank (ECB) President Christine Lagarde parse their comments about monetary policy carefully because the capital...
A European Central Bank (ECB) official says America’s embrace of cryptocurrency and non-bank finance could backfire. “The United States risks sinning through negligence,” Francois Villeroy de Galhau, a member of the bank’s governing council, said in an interview with French weekly La Tribune Dimanche on...
The digital dollar may be off the table for now, following a recent executive order. However, the European Central Bank (ECB) hopes America’s new pro-cryptocurrency attitude can help bring about the digital euro, Reuters reported Thursday (Feb. 6). As that report noted, the ECB is floating the idea of...
For decades, wholesale cross-border payments have meant snail-paced bank wires, money squirreled away across sprawling correspondent banking networks, and the accumulation of enough fees that Scrooge McDuck could swim in them. This has long made cross-border payments a headache for corporate treasurers and finance teams,...
September 05, 2023
In Europe, the digital currency battleground is shaping up to be one where the central banks are on one side, and private issuers are on the other. And it may be the case that, as a result, stablecoins face the headwinds of adoption in fragmented landscape — adopted in some regions of the world, hobbled […]
May 03, 2023
Online business-to-business (B2B) marketplaces are fast growing in popularity, helping to accelerate digital payment innovation in the business space. According to a research study by McKinsey, global sales generated via...
January 09, 2023
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 that the annual inflation rate...
January 06, 2023
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, including PYMNTS’ quarterly Connected Economy...
April 27, 2025
The European Central Bank (ECB) has reportedly created a task force to simplify Europe’s banking rules. The task force is chaired by ECB Vice President Luis de Guindos and also includes the central bank governors of Germany, France, Italy and Finland, Reuters reported Saturday (April 26), citing a source familiar with the matter. Reuters noted […]
March 16, 2025
A European Central Bank (ECB) official says America’s embrace of cryptocurrency and non-bank finance could backfire. “The United States risks sinning through negligence,” Francois Villeroy de Galhau, a member of...
February 06, 2025
The digital dollar may be off the table for now, following a recent executive order. However, the European Central Bank (ECB) hopes America’s new pro-cryptocurrency attitude can help bring about the digital...
September 23, 2024
Revolut’s chairman is reportedly part of a group aiming to purchase part of Banque Havilland. Martin Gilbert is among the investors in talks to buy the Monaco-based arm of the private bank, which...
