Tag: European Central Bank

Climate FinTech Bees & Bears secures €500m to advance household energy...

Bees & Bears, a climate FinTech focused on financing sustainable energy solutions, has secured €500m in financing commitments to support the installation of energy-efficient systems in private households across Germany.

Bulgarian National Bank connects to ECB’s TIPS platform

The European Central Bank (ECB) has officially welcomed Bulgaria to the TARGET Instant Payment Settlement (TIPS) platform following a successful migration in December 2024.

How digital innovation and sustainability are shaping wealth management

During the third quarter of 2024, the wealth management sector witnessed shifts, heavily influenced by sustainability, digital innovation, and regulatory adjustments.

Unlocking success: Navigating the IReF implementation for banks

The Integrated Reporting Framework (IReF), an initiative by the ECB, aims to streamline banks’ statistical reporting processes across the Eurozone.

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.

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