WSBI ESBG

Digital Finance

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

Call for clarification on the Artificial Intelligence Liability Directive

The European Savings and Retail Banking Group (ESBG) response to the EU Commission's call for feedback on the proposed Artificial Intelligence Liability Directive.

Call for clear scope of applicability of the Cyber Resilience Act

The European Savings and Retail Banking Group (ESBG) submitted its input to the European Commission’s call for feedback on the proposed Cyber Resilience Act, which was published in September. All…

ESBG keeps a close eye on prudential treatment of crypto assets

On 30 September 2022, ESBG responded to the second public consultation of the Basel Committee on Banking Supervision (BCBS) on...

Digital euro: ESBG’s response to the European Commission targeted consultation

The European Savings and Retail Banking Group stated the need to further assess exactly what gaps in the payments system could be filled by the introduction of a digital euro, and to analyse how the…

ESBG welcomes horizontal cybersecurity requirements for digital products

ESBG's response to the European Commission consultation on the Cyber Resilience Act, a regulation on horizontal cybersecurity requirements for digital products. The European Savings and Retail…

An open data economy should be multilateral and cross-sectoral

ESBG's response to the European Commission consultation on the proposed Data Act calls for a horizontal regulatory approach to establish a consistent and harmonised rules for all sectors. ESBG is the…