EFA position paper on Customer Due Diligence (AML)
Introduction The European FinTech Association (EFA) strongly supports AMLA’s objective of harmonising Customer Due Diligence (CDD) requirements under the AMLR. A more consistent EU framework can reduce fragmentation, strengthen supervisory convergence and support a level playing field for firms operating across borders. However, the draft Regulatory Technical Standards on CDD, as currently drafted, risk introducing […]
European Fintech Association elects new Board of Directors
Brussels, 18 June, 2026 — The European FinTech Association (EFA) today announced the election of its new Board of Directors, bringing together senior leaders from across Europe’s fintech ecosystem to guide the Association’s work over the coming term. Established in 2019, the EFA serves as a trusted voice for the fintech sector in Brussels, representing more than […]
EFA position paper on the 28th Regime
Introduction The European Commission’s proposal for a 28th Regime is a welcome step in supporting the development of European startups and scaleups. A simplified and uniform legal and administrative framework will help these companies focus on growth by alleviating the administrative burden. The proposal responds to longstanding calls to reduce corporate law fragmentation across the […]
Cross-trade association letter on the digital euro
The digital euro is intended to strengthen Europe’s payments landscape by supporting innovation, competition and user choice. Against this background, we, as representatives of the payment-sector, are extremely concerned that the negotiations in the European Parliament on the compensation model for the digital euro are going in the wrong direction and would, as drafted, result […]
European Fintech Association appoints Lucia Pecchini as Secretary General
Brussels, 23 April, 2026 — The European Fintech Association (EFA) today announced the appointment of Lucia Pecchini as its new Secretary General, marking a new phase of growth and ambition for the organisation as it continues to strengthen its role as the voice of fintechs in Europe and a key player shaping the EU’s digital […]
EFA position paper on the 28th Regime
Introduction The European Commission’s work to establish a 28th Regime is a welcome step in supporting the development of European startups and scaleups. A simplified and uniform legal and administrative framework will help these companies focus on growth by alleviating the administrative burden. European Commission President Ursula von der Leyen recently restated the importance of […]
EFA Statement on the PSR/PSD3 Trilogue Agreement
The European FinTech Association (EFA) welcomes the agreement on the revised regulatory framework for payments in the EU. Although the work to finalise the text is ongoing, the direction of the agreement indicates an important step forward in strengthening consumer protection, transparency, and competition within the European payments ecosystem. Based on the information available, EFA […]
European Fintech Association’s Statement following the European Digital Sovereignty Summit
The European Fintech Association (EFA) strongly supports the commitments made in the Declaration for European Digital Sovereignty and the ambitious agenda set out at the European Digital Sovereignty Summit in Berlin this week. The clear focus on strengthening Europe’s competitiveness, reducing strategic dependencies, and fostering innovation while maintaining an open and globally connected digital ecosystem […]
Going from in-store to online: How FinTechs are empowering merchants walking the digitising path
Driving growth in the digital economy beyond a physical presence is a major challenge merchants face as they try to stay ahead in these times. New trends in technology force merchants to increasingly adapt their businesses to the new needs of consumers, who expect more speed, efficiency, and choices, while demanding less friction in their […]
How FinTechs are transforming cross-border payments, making them faster and cheaper
In today’s interconnected world, making cross-border payments easier and cheaper is more important than ever. More and more people lead international lives, including within the EU. Of the EU’s population, 9% or roughly 40 million people live in a different country to the one in which they were born.[1] And it’s not just people that […]