european central bank

PayPal and Mastercard Dissect ‘Cooperation in a Fragmented World’ at Davos
PayPal and Mastercard Dissect ‘Cooperation in a Fragmented World’ at Davos
January 16, 2023  |  Economy

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...

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Digital Payment Growth Threatens EU Consumers’ Cash Usage
Digital Payment Growth Threatens EU Consumers’ Cash Usage
January 11, 2023  |  Cash

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...

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Eurozone’s 9.2% Headline Inflation Rate Masks Deep Lingering Pain
Eurozone’s 9.2% Headline Inflation Rate Masks Deep Lingering Pain
January 09, 2023  |  Economy

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...

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Consumer Demographics Determine Payment Preferences, Says European Central Bank
Consumer Demographics Determine Payment Preferences, Says European Central Bank
January 06, 2023  |  Payment Methods

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,...

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Croatia Adopts Euro as Eurozone Economy Faces Multiple Headwinds
Croatia Adopts Euro as Eurozone Economy Faces Multiple Headwinds
January 04, 2023  |  Payment Methods

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...

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

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...

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ECB Outlines Banks’ Role in Central Bank Digital Currency Project
ECB Outlines Banks’ Role in Central Bank Digital Currency Project
December 21, 2022  |  CBDC

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...

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International Money Transfer Firm Wise Launches New Savings Product
International Money Transfer Firm Wise Launches New Savings Product
December 15, 2022  |  emea

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...

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Eurozone Banks May Have Trouble Repaying ECB Loans 
Eurozone Banks May Have Trouble Repaying ECB Loans 
December 09, 2022  |  Loans

Some Eurozone banks reportedly may have trouble paying back the European Central Bank (ECB).  Banks are now repaying loans from the ECB’s Targeted Longer-Term Refinancing Operations (TLTRO)...

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