ECBRSS

Sibos 2017: reaping the rewards of instant payments takes work

Swift Auditorium

The key benefits of the instant payment systems being rolled out in Australia and in Europe were discussed during yesterday’s Instant Payments Over Swift session in the Swift Auditorium.

ECB targets new RTGS platform

ECB

The European Central Bank’s (ECB’s) governing council will decide by the end of this year whether to greenlight a new real-time gross settlement (RTGS) system to replace the decade-old Target2 platform.

ECB Guide: assessments of fintech credit institution licence applications

ECB fintech guide

The European Central Bank (ECB) has published a guide to assessments of fintech credit institution licence applications.

Blockchain and Bitcoin round-up: 7 September 2017

Blockchain

From immaturity to security, our latest blockchain and Bitcoin round-up features the European Central Bank, Bank of Japan, the People’s Bank of China, Bank Hapoalim and Microsoft. It’s happened before and it will happen again, but distributed ledger technology (DLT) has come into some criticisms in relation to payments. In a dark duet, the European […]

Top fintech stories this week – 23 June 2017

Banking Technology logo

Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

ECB to develop service for settlement of instant payments

ECB goest to market for new treasury management software

The Governing Council of the European Central Bank (ECB) says it will develop a new service for the settlement of instant payments. The new service, Target instant payment settlement (TIPS), will enable citizens and firms to transfer money between each other in real-time and will be available around the clock, 365 days a year. The […]

SEC deals another blow to Bitcoin trading; ECB says “no” to blockchain

Regulators not keen on blockchain and Bitcoin

The US Securities and Exchange Commission (SEC) again has denied the listing and trading of Bitcoin, the decentralised digital currency. Meanwhile, the European Central Bank (ECB) has determined that whilst distributed ledger technology (DLT)/blockchain, has its advantages, it is not an option for the Eurosystem’s financial framework.

Clearstream migrates to Target2-Securities; nearly doubles T2S settlement volume

European Commission

Clearstream Banking Frankfurt and LuxCSD have migrated to the European Central Bank’s (ECB) Target2-Securities (T2S) platform. “The first business day is already in process and runs smoothly,” Clearstream states.

Eurosystem updates infrastructure Vision

Earthport's distributed ledger hub targets cross-border payments

The European Central Bank has outlined its plans to consolidate the Target2 and Target2Securities (T2S) platforms, introduce a new European-wide instant payments platform by November 2017 and develop a new collateral management system. The Eurosystem’s “Vision 2020″ plans were outlined by Yves Mersch, a member of the executive board at the ECB, at Sibos 2016.

European Central Bank goes to tender for new treasury management system

ECB goest to market for new treasury management software

The European Central Bank (ECB) has officially launched a procurement tender for a new treasury management system (TMS). The ECB’s current TMS platform is Wallstreet Suite, supplied by Wall Street Systems (now part of Ion Trading). The bank has been using it for many years, Banking Technology understands. According to the ECB, its TMS supports […]

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