Digital Finance and Innovation

Transforming financial services

Transforming financial services and the way they are accessed

​New technologies are transforming financial services and the way they are accessed by consumers; this digital transformation is shaping the future of banking. ESBG believes that it is difficult to encourage innovation through regulation and that digitalisation efforts need to be market-driven, where the right conditions are set to ensure that European companies can become global champions, meeting the highest requirements for consumer protection and financial stability.

Digital banking: unleash further innovation​

ESBG fully supports regulatory initiatives aimed at fostering the uptake of nascent technologies and business models in Europe.

Our latest content on Digital Finance and Innovation

Joint statement calling for clear distinction between AI and credit scoring in AI Act

On 11 January 2024, a joint industry statement was issued by ESBG, together with the Association of Consumer Credit Information Suppliers (ACCIS)

ESBG’s new position paper on the digital euro highlights pivotal open issues to be addressed by the legislators

Digital Finance | Following the publication of a proposal for a Regulation on the establishment of the digital euro on 28 June 2023, the European Commission

A Digital Euro: what does it mean for savings and retail banks?

Since its inception, ESBG has been taking an active role in Digital Euro-related discussions and overall, ESBG welcomes

The very real challenge of cybersecurity and how to face it

Criminals do not rob banks gun in hand and wearing masks anymore, in the way old films show, but

ESBG provides input on technical negotiations of the Artificial Intelligence Act

The definition of AI remains a highly debated issue. According to ESBG members, the proposed

Crypto-asset Activities: WSBI-ESBG calls for a more consistent regulatory approach

The said framework sets out a) the key issues and challenges in developing a comprehensive