Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

European meeting of clearing houses and payment systems is being held in Sofia

Petar Chobanov
Photo: borica.bg

The digital revolution in the financial sector is a benchmark for changing the entire economy towards a green and sustainable future, the Deputy Governor of the Bulgarian National Bank Petar Chobanov said at the opening of the annual conference of the European Automated Clearing House Association in Sofia. 

Every new technology is improved and proves to be effective through its rapid introduction and sustainable increase of users, Chobanov said. The rapid introduction of new technologies depends on creating trust and ensuring security for users, Chobanov pointed out, adding that this trust is formed through training on how to use new technologies and a detailed explanation of how they work for the benefit of people.

More than 160 delegates from 26 countries in Europe and representatives of leading companies in the payment industry are participating in the forum.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Sunny weather in most of Bulgaria on Thursday, with fog near rivers

Overnight it will be clear. The wind will die down in most areas. After midnight along the Danube River, in lowlands and near rivers fogs will form and visibility will be reduced with low clouds. Minimum temperatures will be between minus 3°C and 2°C,..

published on 11/27/24 7:25 PM

EU ambassadors reach agreement on Bulgaria’s entry into Schengen by land

The ambassadors of the EU Member States have reached a preliminary agreement on the draft decision to abolish checks at internal land borders for Bulgaria and Romania. This is planned to happen on January 1, 2025. The decision is expected to be finally..

published on 11/27/24 5:45 PM

Shopping malls vow to step up security after series of aggressive acts

Shopping malls in Sofia and across the country will increase the number of security guards where needed. Additional panic buttons are also to be put in place if retailers wish, the Bulgarian Retail Association said. Groups of suspicious persons will be..

published on 11/27/24 4:44 PM