By Elizabeth Hearst for AMLi
The President of the European Central Bank, Christine Lagarde, has revealed payments are currently undergoing a “potentially disruptive transformation” as people opt for digital methods over cash.
In a blog post outlining the key objectives for the Digital Euro, Mme Lagarde and Fabio Panetta, Member of the ECB’s Executive Board emphasised that to “ensure financial stability in this digital age,” it is “crucial” for people to have access to central bank money.
Subscribe now to have unlimited access
With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!
