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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 ...
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 ...
The role of the central bank in a digitalising world
(11.06.2018)
Bank of Finland Bulletin. Blog
Bank of Finland Bulletin. Blog
Digitalisation holds great promise for new opportunities, but it will also usher in new challenges and risks. Businesses will enjoy lower operating costs and consumers a wider breadth of choice, while cross-sector and ...
Effects of the revised Payment Services Directive : first assessment
(23.05.2018)
Bank of Finland. Bulletin 2/2018
Bank of Finland. Bulletin 2/2018
In retail banking, the two key services are the provision of credit and management of payment transfers. The revised Payment Services Directive (PSD2), which regulates payment transfers, entered into force in Finland for ...