The European FinTech Association (EFA) has today published its position paper on a enabling interoperable digital identification in the EU. The EFA fully supports the European Commission’s aim to enable interoperable digital identification across the EU, which will allow consumers to access digital financial services quickly and easily by 2024. Digital identification methods benefit the consumer, the service provider, but also the regulator. Eliminating this cross-border barrier will enable European FinTechs to scale-up more quickly and efficiently.
Please find the EFA’s position paper here.