Tag: European Central Bank

AMLA’s new home in Frankfurt: Strengthening EU’s fight against financial crime

In a significant announcement made in February, the Council of the European Union revealed that Frankfurt has won the competitive bid to host the Anti-Money Laundering Authority (AMLA), marking a pivotal moment for regulatory oversight within the EU.

ECB amplifies climate focus: Green transition and nature risks in spotlight

The European Central Bank (ECB) is taking a decisive step forward in addressing the pressing challenges posed by climate change. The institution has outlined a robust action plan that hinges on three pivotal themes for the years 2024 and 2025.

Finnish FinTech Saldo ventures into banking with high-interest savings account

Finnish FinTech company Saldo, a provider of loans to consumers and SMEs, is now poised to enter the banking services arena in Finland.

ECB to reign in crypto with regulatory framework

The European Central Bank (ECB) has released its intentions to form a crypto regulatory framework that aims to make how banks offer crypto assets more consistent.

Squirro raises funds, acquires open.exchange, teams with ECB

Squirro, an augmented intelligence platform that helps assess risks to banks, has reportedly raised $4m in funding and acquired US deal sourcing platform open.exchange.

Digital payments are becoming more popular ECB research shows

Cash may still be king, but new research from the European Central Bank shows digital payments are becoming more popular.

Market positive for the ECB to be a trusted authority to...

The European Central Bank has closed a consultation that found that most market stakeholders were positive about it the bank acting as a trusted authority publishing compounded term rates using the euro short-term rate (€STR).

ECB warns that big tech entering the FinTech space could lead...

The European Central Bank has warned that Europe's failure to produce big tech companies of its own to compete with American ones could leave the EU exposed and reliant on foreign providers as big tech moves into the FinTech sector.

European Central Bank warns that cryptocurrencies like Libra could pose a...

It seems as if the Libra Association has ramped up its efforts to get Libra off the launchpad. However, now the European Central Bank has published a research paper warning that stablecoins like Libra could badly impact the markets.

European Central Bank launches €759bn package to support coronavirus impact

The European Central Bank (ECB) is the latest European body to take measures to stop the impact of COVID-19 (coronavirus) on the financial market.

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