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European Central Bank
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location iconFrankfurt, Germany
website
company sizeCompany size: 1001-5000

The European Central Bank is the central bank for the 19 European Union countries using the euro currency. The European Central Bank's primary focus is to maintain price stability, contribute to the safety of the banking system, develop and issue euro banknotes, maintain financial infrastructure and preserve financial stability.

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European Central Bank - Recent News & Articles

Euro zone inflation rises to higher-than-expected 2%, weakening case for jumbo rate cut

Inflation in the euro area rose from 1.7% to 2% in October, flash figures showed Thursday, coming in slightly higher than the 1.9% forecast. Core inf...

Source: CNBC
Transak gains Delaware Money Transmitter License and FINTRAC registration

Transak has received its second Money Transmitter License (MTL) from the US state of Delaware, while also gaining registration with the Financial Tran...

Source: Finextra
Fiserv leads $150m funding round for Melio

Melio, an accounts payable and receivable platform for small and medium businesses, has hit a $2 billion valuation in a $150 million strategic funding...

Source: Finextra
Mastercard Introduces New Commercial Cross-Border Payment Solution for Banks

Mastercard introduced a new solution that will enable banks to facilitate commercial cross-border payments that are near real-time, predictable and tr...

Source: PYMNTS
Payments Industry Growth Slows as Cash-to-Digital Shift Reaches Peak

Growth in the payments industry, which was once characterized by rapid expansion, is now slowing as the shift from cash to digital payments has reache...

Stripe Aims for Largest Acquisition Yet with $1 Billion Deal for Bridge

Stripe, the FinTech giant, is reportedly in talks to acquire crypto startup Bridge for $1 billion, according to sources familiar with the discussions....

Source: PYMNTS
Russia proposes Swift alternative for cross-border payments

In a significant move to counteract international sanctions and reduce dependency on the global financial system Swift, Russia has called on BRICS nat...

European Central Bank lowers key rate to 3.25% in third cut this year: Live updates

The European Central Bank on Thursday cut its key interest rate to 3.25%, in its third quarter-percentage-point reduction of the year. The move had be...

Source: CNBC
China kicks off 500 bln yuan swap facility to aid stock market

China's central bank said on Thursday it would start accepting applications from financial institutions to join a newly created funding scheme, initia...

Source: Reuters
Banks to join SWIFT digital asset trials in 2025

SWIFT said it is uniquely positioned to interlink the fragmented digital asset landscape with its forthcoming digital currency trials in 2025. Banks i...