Eurosystem news and trends

Central Banks Pursue CBDCs in 2023 but Diverge on Design
CBDC // January 02, 2023

Central banks around the world have diverged in the design of CBDCs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

European Central Bank To Launch Probe Of 10-Hour Payments System Outage
Europe // November 16, 2020

The European Central Bank (ECB) has plans to independently investigate an incident that affected its TARGET2 real-time gross settlement system on Oct. 23 this year, which resulted in a near 10-hour outage, according to a press release. Get the Full Story Complete the form to...

SWIFT Goes Live With Connectivity To TIPS
Digital Payments // November 30, 2018

SWIFT, a payment messaging firm based in Belgium, began implementing its SWIFTNet Instant service for the Eurosystem’s TARGET Instant Payment Settlement (TIPS) service on Friday (November 30), when the first banks using it went live, according to a report by the company. The service allows...

SWIFT Cleared To Link Into TIPS
B2B Payments // August 08, 2018

Payments messaging service SWIFT has received clearance to provide access to the Eurosystem’s TARGET Instant Payment Settlement (TIPS) payment scheme, the company said Tuesday (Aug. 7). In an announcement on its website, SWIFT said that, beginning Nov. 30, financial services customers can connect to the TIPS...

Interviews & Exclusives
4 Trends Shaping EMEA Banking Sector in 2023

January 02, 2023
In this article, PYMNTS analyzes trends shaping the banking sector in the EMEA region. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing […]

Quick Reads
European Central Bank To Launch Probe Of 10-Hour Payments System Outage

November 16, 2020
The European Central Bank (ECB) has plans to independently investigate an incident that affected its TARGET2 real-time gross settlement system on Oct. 23 this year, which resulted in a near 10-hour outage, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all […]

SWIFT Goes Live With Connectivity To TIPS

November 30, 2018
SWIFT, a payment messaging firm based in Belgium, began implementing its SWIFTNet Instant service for the Eurosystem’s TARGET Instant Payment Settlement (TIPS) service on Friday (November 30), when the first...