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Payment and settlement systems subject to oversight
(14.07.2021)
Bank of Finland. Bulletin 2/2021
Bank of Finland. Bulletin 2/2021
Payment and settlement systems comprise the financial market infrastructure. A reliable, undisrupted infrastructure makes economic activity a smoother process and promotes the efficient movement of capital. It allows ...
Future of payments at hand
(31.05.2021)
Bank of Finland. Bulletin 2/2021
Bank of Finland. Bulletin 2/2021
Payments are a basic function in society, the lifeblood of economic activity; if disrupted, this could bring society to a total standstill. It matters how payment services and the systems executing these services are ...
Financial sector also facing new kinds of threats
(13.05.2022)
Bank of Finland. Bulletin 1/2022
Bank of Finland. Bulletin 1/2022
Payment systems are part of the key infrastructure for Finland’s national preparedness. The financial sector is part of the chain of national preparedness that must not be allowed to break even during an emergency. National ...
TARGET2 balances – a truth more boring than fiction?
(18.10.2018)
Bank of Finland. Bulletin 4/2018
Bank of Finland. Bulletin 4/2018
As a result of the euro area sovereign debt crisis, the Eurosystem's internal receivables and liabilities have risen from the depths of technical details into headlines. What are these much discussed TARGET2 balances, and ...
The Bank of Finland maintains and develops the common European financial market infrastructure
(11.09.2020)
Bank of Finland. Bulletin 4/2020
Bank of Finland. Bulletin 4/2020
The Bank of Finland maintains and develops the common European financial market infrastructure and is a centre of expertise in systems for Finnish and Nordic banks. It also has several different operational roles on the ...
Bank of Finland Bulletin : Bank of Finland articles on the economy 2/2021
(19.05.2021)
Bank of Finland. Bulletin 2/2021
Bank of Finland. Bulletin 2/2021
Accessible summary : COVID-19 is accelerating the payment revolution
(19.05.2021)
Bank of Finland. Bulletin 2/2021
Bank of Finland. Bulletin 2/2021
Payments are changing. In the same way that technological progress influences so many of the day-to-day activities of households and businesses, it affects how we make payments. The coronavirus pandemic has irreversibly ...
Payments becoming increasingly real time and less visible
(29.05.2017)
Bank of Finland. Bulletin 2/2017
Bank of Finland. Bulletin 2/2017
New players and practices are taking hold of the payments market. In Europe, these developments are also being driven by legislative amendments, with the revised Payment Services Directive entering into force in 2018. The ...
Payments must be smooth under all circumstances
(29.05.2017)
Bank of Finland. Bulletin 2/2017
Bank of Finland. Bulletin 2/2017
For a financial system to be reliable, payment systems and securities clearing and settlement systems must operate smoothly. This financial system infrastructure has undergone a radical change in recent years. Finland has ...
Digitalisation poses new security challenges for payment systems
(23.05.2018)
Bank of Finland. Bulletin 2/2018
Bank of Finland. Bulletin 2/2018
Reliable payment and settlement systems are basic requirements for maintaining financial stability and fostering economic activity. The smooth functioning of society would quickly become disrupted if businesses and households ...