​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Innovation insights


A mindset.

Savings and retail banks worldwide face a mindset change. 

They are embracing the change fuelled by new technology, changing customer demands, banking rules and a new financial world. 

That means locally focused banks hunt for ways to use the latest technology to create real-life applications that serve people throughout their customer journey and daily banking needs. 

Innovation means joining up people with technology. 

It goes beyond following IT or the banking sector. The best answers provide the easiest and most secure service for people, which arrive by bridging the physical-digital gap. To do this, banks tackle the digitial 'new normal' on many fronts from management know-how, upgraded worker skills, culture change, modernised backoffice and frontoffice, and rethinking the customer journey.

A process.

Read on for some articles, videos and opinion pieces from WSBI-ESBG, its members or partners on i​nnovation. Interested stakeholders are welcome to submit an article on innovation that may appear on this page. ​​For more information, e-mail: innovation@wsbi-esbg.org





Regulatory sandboxes, innovation hubs

ESBG says innovation facilitators should be subject to a common approach to prevent unfair competition, regulatory arbitrage
>> Read position paper
>> See related story 


ICO, crypto ​assets and innovation

ESBG says crypto assets should be properly, legally defined and regulated​

>> June 2019 postion paper

>> November 2018 position paper



FinTech policy & banks: The need for a framework that boosts innovation

ESBG's detailed response to Commission FinTech consultation

>> ESBG consultation response (June 2017)​ | >> ​Related story

>> ESBG reflections on FinTech Action Plan (June 2018) | >> ​Related story

>> WSBI-ESBG on digitisation | >> Digital Single Market Agenda | >> EBA FinTech approach 


Dedicated interfaces: the only viable answer to PSD2 customer account access

An opinion piece  by first appeared this month in Payments & Fintech Lawyer magazine and will appear in the September edition of WSBI-ESBG News & Views magazine. Diederik Bruggink , Senior Adviser Payments at the European Savings and Retail Banking Group, provides his opinion on the debate, arguing that dedicated interfaces are the only viable option.​ >> Read now | >> Payments position



Outsourcing to cloud service providers 

ESBG Position Paper on Draft EBA recommendations ​under Article 16 of Regulation (EU) No 1093/2010 

>> Read


​​​ ​​​​


​​​​​​​ ESBG opinion on crowdfunding in light of European Commission effort to address ways to boost SME financing.

>> Read




​Cyber threats, constantly enhancing cybersecurity a challenge.



Data Protection & Data Flow​

It is essential that European legislation does not create an obstacle for Europe's businesses in the area of big data technology.

>> Read


Digital Skills​

​ESBG signs joint declaration that addresses impact of modern tech on sector employment.

>> Read >> See  joint declaration



A reason.

Bangkok Resolution

​Digital shift helps members reach financial inclusion aim.

 >> EN (.pdf)DE (.pdf) | FR (.pdf)

>> Discover: WSBI Universial Financial Acess 2020 pledge


Washington Declaration 

​​2015 World Congress of Savings and Retail Banks: "Savings and Retail Banks in a Digitised World".

>> Read statement



Digital Financial Inclusion: Digital financial services boost financial access

​​​​​​​​​​​WSBI’s Natalie Staniewicz and Ian Radcliffe share insights in News & Views magazine insight piece.

>> Read | >>Related video | >> WSBI-ESBG & finanical inclusion  



An historic look at banking innovation

J. Carles Maixé-Altés of the Universitat de La Coruñas to look at history of innovation by savings and retail banks.​



 ​Can the digital wave help get more people access to bank services?

WSBI’s video news roundup "Exchange" tries to answer​​. , Episode #1 from May 2017 talks about new data from WSBI that shows how innovation is leading the way in addressing financial inclusion.

>> Watch



  Exchange #6: How is innovation shaping savings and retail banks?

   ​Innovation and digitisation is changing savings and retail banks from around the world in a profound way. One       result is it helps more people get access to basic financial services. In Episode 6 of Exchange, WSBI's video news     roundup, retail bank innovation and FinTechs are reshaping the way banks and people connect. ​

>> Watch​


 A future.

Interviews with innovation experts.








A viewpoint.


Q&A with Helmut Schleweis​

ESBG, German Savings Banks Association president delves into innovation, the future of banking and EU banking rules, .

>> Read

Q&A with Isidro Fainé

WSBI president talks about digitisation, innovation, financial inclusion and more

>> Read

​​Artificial intelligence is more an opportunity than threat

Norwegian savings banks have started to incorporate robotics into their banking systems. These robots are no kind of Star Wars characters, as the association's Managing Director Ole Morten Geving explains.​

>> Read​  | >> Related: Banks must embrace digital|>> Eight questions



One-on-one interview: TPB Bank's Sabasaba Moshingi​

​​A closer look at WSBI's Tanzanian member TPB, their evolution, innovation approach and what's ahead.​​

>> Read

Danish banks invest in digitisation, automation and new payment systems​

Chief executive of newest ESBG member LOPI presents his association, discusses main challenges.

>> Read more

Regulation, digitisation, reputation

​CaixaBank Chairman Jordi Gual shares how banks deal with all three.



The future of retail banking​​​

WSBI’s Chris De Noose shares how banks embrace the digital wave​.



High-tech driving better banking

BANSEFI Director General Virgilio Andrade​ shares Mexican bank's strategy on FinTech, digitisation, financial inclusion​​​​​​​​​

>> Read more



WSBI-ESBG French member revamps retail banking efforts

Groupe BPCE, prior to the launch of its future strategic plan, unveils a plan to transform its retail banking activities.