All Positions

In the wake of the December 2023 political agreement on Artificial Intelligence regulations, financial industry representatives stress the need to safeguard ongoing credit scoring operations from potential disruptions caused by pending technical details around the agreed definition of “artificial intelligence systems”. Credit scoring is a vital element of the financial sector, providing a way to evaluate an individual’s creditworthiness based on their financial history and behaviour. This evaluation assists lenders in making well-informed decisions about extending credit or loans.
This document presents the European Fintech Association (EFA) and European Third-Party Providers Association (ETPPA) comments regarding the inclusion of PISPs on the AMLR scope.
The European Fintech Association welcomes recent initiatives of the EU to encourage sustainability in financial services. We believe fintech, especially the cryptoasset sector, can play an important role in driving sustainable innovation. With the right approach, the EU can empower the cryptoasset industry to drive positive change, foster sustainable practices, and contribute significantly to the green transition.
The European Fintech Association (EFA) warmly welcomes the opportunity to share its position on the Proposal for a Regulation on a Framework for Financial Data Access (FIDA). The EFA represents a diverse group of 35+ FinTech providers ranging from payments, to lending, banking, robo-advice, investment as well as software-as-a-service for the finance sector, with a clear focus on enabling a single market for digital financial services. EFA believes that, if done right, FIDA has the potential to be a catalyst for further competition in the financial services market to the benefit of the European consumer.
The European Fintech Association welcomes recent initiatives of the EU to encourage sustainability in financial services. We believe fintech, especially the cryptoasset sector, can play an important role in driving sustainable innovation. With the right approach, the EU can empower the cryptoasset industry to drive positive change, foster sustainable practices, and contribute significantly to the green transition.
The European FinTech Association (EFA) welcomes the Commission’s proposal on the Regulation to establish the digital euro. The EFA supports an open and competitive payment landscape. If correctly designed, the digital euro could generate new competitive value chains with potential benefits to consumers and businesses.
This document enumerates the treatment of various issues of interest to EFA within the AMLR by the Commission, Parliament, and Council texts, and presents EFA’s views on each. It includes brief explanations of each position.
This document presents the European Fintech Association (EFA) and European Third-Party Providers Association (ETPPA) comments regarding the inclusion of PISPs on the AMLR scope.
EFA shares the belief that retail investors must be empowered to make more informed investment decisions that better correspond to their needs and objectives and that retail investors must be adequately protected in the single market. Below we share key areas of the RIS the EFA believes can be improved upon to achieve the European Commission’s stated goal
In line with our previous position papers,we believe that the comments presented in this document addressing specific crypto-related matters in the AMLR text will help harmonize and enhance theeffectiveness of anti-money laundering and countering financial terrorism(ML/FT) rules across Europe.
Statement by the European FinTech Association on the proposals Payment Services Directive (PSD3/PSR); The Digital Euro and the Framework for Financial Data Access (FIDA)
The European FinTech Association (EFA) welcomes the European Commission’s (Commission) legislative proposal on Artificial Intelligence (AI) to promote the development of AI in Europe, and fully supports its intention to protect the privacy of European citizens.
EFA submitted a joint industry statement calling on co-legislators to ensure payments are kept in scope of the Digital Identity Regulation.
The European Fintech Association partnered up with other trade associations to publish a joint industry letter welcoming and strongly supporting the European Commission’s recent legislative proposal on instant payments.
EFA submitted a joint industry letter regarding the importance of fair access to infrastructure to create a level playing field and make instant payments a success in Europe
The European FinTech Association (EFA) welcomes and supports the European Commission’ proposal to accelerate the rollout of instant payments for the benefit of citizens and businesses in the EU, including SMEs. EFA would like to feed into the current legislative work on the Instant Payments proposal
The European FinTech Association (EFA) welcomes the European Commission’s (Commission) legislative proposal on Artificial Intelligence (AI) to promote the development of AI in Europe. We would like to provide with this position paper a set of recommendations.
The European FinTech Association (EFA) welcomes the European Commission’s (Commission) review of the Payment Services Directive 2 (PSD2). PSD2 has delivered a more innovative, competitive payments landscape in Europe, however, challenges remain in its implementation.
The European Fintech Association’s (EFA) vision is for European FinTechs to be the most innovative and competitive in the world, providing European consumers with solutions to meet their individual needs. If done right, the open finance framework can prove to be a game changer for the industry.
The European FinTech Association (EFA) welcomes the efforts of the European Commission, Council, and European Parliament on the proposed anti-money laundering package which will ensure a harmonized European framework to prevent money laundering and counter-terrorist financing (ML/TF) in the EU.
The European FinTech Association (EFA) welcomes the discussion around the digital euro and the various considerations on its upcoming design. The EFA supports an open and competitive payments landscape. If correctly designed, the issuance of a digital euro could transform the economy, generating new
The European FinTech Association (EFA) supports the European Commission’s aim to encourage a more innovative and competitive EU retail payments market. EFA believes the European Payments Initiative (EPI) can contribute to this objective
The EFA welcomes and fully supports the Commission’s plans to put forward a legislative initiative on instant payments to promote adherence to SCT Inst. Legislation is necessary to further accelerate the uptake and roll-out of instant payments in the EU.
The European Fintech Association (EFA) welcomes the opportunity to participate in the European Banking Authority’s (EBA) consultation on its draft Guidelines on the use of remote customer onboarding solutions.
The European FinTech Association (EFA) welcomes the European Commission’s (Commission) legislative proposal on Artificial Intelligence (AI) to promote the development of AI in Europe, and fully supports its intention to protect the privacy of European citizens.
The European FinTech Association (EFA) welcomes the European Commission’s (Commission) proposal to review the Capital Requirements Regulation and the Capital Requirements Directive, implementing the Basel III agreement in the EU.
The European FinTech Association (EFA) welcomes the European Commission’s work on a dedicated Retail Investment Strategy. We agree that the ultimate goal of the Capital Markets Union cannot be attained without a meaningful inclusion of retail investors.
Fintechs welcome the Review of the Consumer Credit Directive as a necessary step to bring the legislation up to…
EFA Position Paper: Towards a harmonised Anti-Money Laundering Framework.
FinTechs support fair access to payment systems: EFA’s Position Paper on the Settlement Finality Directive (SFD) review.
The EFA welcomes the European Commission’s proposal on the review of the e-IDAS regulation as a significant and positive step towards removing cross-border barriers in the EU, and building a more harmonized and accessible financial services landscape for European businesses and consumers.
The European FinTech Association (EFA) welcomes the European Commission’s (Commission) recent legislative proposal on Artificial Intelligence (AI) to promote the development of AI in Europe, and fully supports its intention to protect the privacy of European citizens.
The EFA warmly welcomes the call for evidence on digital finance by the ESMA and the possibility to provide its input. The EFA represents more than 30 leading FinTech companies of all sizes across the EU that are active in different business areas.
The EFA fully supports the European Commission’s vision for retail payments including a competitive, innovative payments market. Making instant payments the new norm and promoting fair and equal access to critical infrastructure is key to achieving a truly competitive payments landscape.
The European FinTech Association (EFA) has today published its position paper on a European action plan for a comprehensive Union policy on preventing money laundering and terrorist financing.
The European FinTech Association (EFA) has today published its position paper on a enabling interoperable digital identification in the EU.
The European FinTech Association (EFA) published today its position on a European Payments Strategy.
The EFA has provided its comments regarding Guidelines 06/2020 on the interplay of the Second Payment Services Directive and the GDPR.
The European Fintech Association has provided its input to the European Banking Authority draft guidelines for the revision of the money laundering and terrorist financing (ML/TF) risk factors.
The EFA presents its position paper on AML
Response of the European FinTech Association (EFA) to Section XI (“Digitalisation and new technologies”) on the public consultation of the review of the regulatory framework for investment firms and market operators by the European Commission.