TARGET Services @TARGET_ECB
TARGET Services is the umbrella over Eurosystem's financial market infrastructures TARGET2, T2S and TIPS. ecb.europa.eu/paym Frankfurt Joined June 2013-
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Let’s break the ice! Access our Mentimeter survey here: menti.com/alm23ivshbc6
Ulrich Bindseil, Director General Market Infrastructure and Payments, @ecb opens the conference and welcomes attendees online and on-site.
Live at 9:35 CET: Executive Board member Piero Cipollone opens the ECB’s retail payments conference, sharing his vision on how to create an innovative and integrated European market. Watch live ecb.europa.eu/press/intro/ev…
Join us tomorrow for our conference “An innovative and integrated European retail payments market”. Explore the programme and follow the livestream of the event: ecb.europa.eu/press/intro/ev…
The Eurosystem will start exploratory work on new technologies for settlement of wholesale transactions in central bank money on 13 May 2024, in a collaboration between financial firms and central banks. ecb.europa.eu/press/intro/ne…
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38K Followers 6K Following Già Vicepresidente del @EPP Deputato Parlamento Europeo Premi: MEP Award mercato interno Impegno in Ue per le impreseLive at 9:35 CET: Executive Board member Piero Cipollone opens the ECB’s retail payments conference, sharing his vision on how to create an innovative and integrated European market. Watch live ecb.europa.eu/press/intro/ev…
I was delighted to meet with Danmarks @nationalbanken Governor Christian Kettel Thomsen to sign the agreement to add Danish krone payments to the Eurosystem’s TARGET services. This will benefit people beyond the euro area and reinforce Europe’s financial system integration.
We just signed an agreement for Denmark to join T2 and TARGET Instant Payment Settlement (TIPS) services in April 2025. This is a step forward to fully integrating Danish krone in the Eurosystem’s payment services. Read the press release ecb.europa.eu/press/pr/date/…
Cash and digital euro have the same objective: ensuring everyone, regardless of their income, can pay in any situation of daily life, says Executive Board member Piero Cipollone. We need to protect this fundamental right across the entire euro area ecb.europa.eu/press/key/date…
Coming up at 15:00 CET: Executive Board member Piero Cipollone discusses the current status of the digital euro project before the @Europarl_EN Committee on Economic and Monetary Affairs. Follow the hearing live multimedia.europarl.europa.eu/en/webstreamin…
For central bank money to keep its stabilising role, it must be at the forefront of technology, says Executive Board member Piero Cipollone. We need tech solutions for using central bank money to settle transactions recorded on distributed ledger platforms ecb.europa.eu/press/key/date…
Our #EconomicBulletin shows how central banks are addressing challenges in the rapidly changing European payments scene to support and enhance the safety and efficiency of the euro retail payments market. This includes ensuring access to public money in cash and digital form.
Our financial system is only as strong as its weakest link, says Executive Board member Piero Cipollone. Cybersecurity is our common good: we must stay one step ahead of attackers, take a system-wide approach and keep working together ecb.europa.eu//press/key/dat…
Welcome Piero Cipollone, who has joined us as ECB Executive Board member. We wish him all the best for his eight-year term of office. Many thanks to Fabio Panetta and good luck in his new role as Governor of Banca d'Italia.
🧵 Improving cross-border payments requires concerted public and private effort, writes Executive Board member Fabio Panetta for #TheECBblog. This could pave the way for a global network of instant, low-cost, easy-to-access cross-border payments. ecb.europa.eu/press/blog/dat… 1/3
Panetta: Expensive and sluggish cross-border payments raise pressing issues: 1️⃣ negative impact on economic integration 2️⃣ disproportionate burden on the world’s most vulnerable populations 3️⃣ risky alternative solutions offered by other players 2/3
Panetta: Making cross-border payments cheaper, faster, and easily accessible would hugely benefit people and businesses, especially in emerging markets and developing economies 3/3
Will we soon pay with a digital euro? Would it replace cash? And who is it for? Join our host Stefania Secola and digital euro project head Evelien Witlox on #TheECBPodcast as they bust some digital euro myths. Tune in pod.link/ecbpodcast/epi…
With a #digitaleuro, you would have an additional payment option that combines the advantages of central bank money with the ease and practicality of modern digital payments. What’s in it for you? Find out more ecb.europa.eu/paym/digital_e…
Our Governing Council has decided to move to the next phase of the digital euro project. In November 2023 we will start laying the foundation for the possible issuance of a digital euro. A decision on issuing a digital euro will come at a later stage. ecb.europa.eu/press/pr/date/…
Central bank Governors recently meeting at the BIS announced the appointment of @ecb Executive Board member Fabio Panetta as Chair of the BIS Committee on Payments and Market Infrastructures @bancaditalia bis.org/press/p230912.…
Coming up at 16:00 CET: Executive Board member Fabio Panetta discusses the current status of the digital euro project before the @Europarl_EN Committee on Economic and Monetary Affairs. Follow the @EP_Economics hearing live multimedia.europarl.europa.eu/en/webstreamin…
Heartfelt congratulations to Fabio Panetta on your appointment as Governor of @bancaditalia. Their gain will be our loss but, Mr Governor, I look forward to continuing our work together in the Governing Council – this is just an arrivederci!
🧵 In today's turbulent times, central counterparties must adapt their risk management strategies and public authorities must adjust their regulation and oversight, says Executive Board Member Fabio Panetta. Read the speech ecb.europa.eu/press/key/date… 1/2
Eurosystem to explore new technologies for wholesale central bank money settlement ecb.europa.eu/press/pr/date/…
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