Details
- Publication date
- 1 July 2021 (Last updated on: 1 June 2022)
- Author
- Directorate-General for Financial Stability, Financial Services and Capital Markets Union
- Related department
- Directorate-General for Financial Stability, Financial Services and Capital Markets Union
Description
The digital finance outreach is a series of events focusing on fintech and digital innovation in the financial sector. The aim of these events is to present, inform and shape the EU digital finance strategy.
The European Commission periodically organises online public discussions to present its work and gather views from key stakeholders such as Member States, national competent authorities, European organisations, financial institutions, market infrastructures, all other financial services providers, the public, and more.
Events and call for projects
Upcoming call for projects
- 1st June - 1st July 2022 - Open Finance Virtual Fintech Lab - call for projects
Are you a company or a project considering to leverage open finance, and are you keen to help regulators find the right approach to open finance?
We want to learn how open finance works in practice for innovative firms in Europe.
Upcoming events
FISMA online webinars
- 8-10th June 2022 - Coding Challenge for Ukraine
The Fintech Challenge for Ukraine is a pan-European online hackathon to develop technological solutions that will enable access to and provision of everyday services to Ukrainians and help the country's recovery.
The Fintech Challenge for Ukraine will consist in two parts: ideational workshops and the actual hackathon, which will take place online throughout June. The winners will be announced during a hybrid event in Brussels at the end of June.
Past events
See all the past events
FISMA online webinars
- 30 June 2021 - 10:00 to 11:30 Brussels time - Financial education in the digital era
This webinar explores the importance of digital financial education and aims at ensuring consistency and coordination of the work on the digital financial literacy agenda our institutions are performing.
Speakers' biographies
- 28 June 2021 - 10:00 to 11:00 Brussels time - Digital identities in finance
On 3 June 2021 the European Commission proposed a framework for a European digital identity for use for citizens, residents, and businesses in the EU. The European digital identity framework is an opportunity for citizens to access finance safely and easily, for digital finance to scale up across borders, and for supervisors to track financial flows. This webinar will explore the benefits of Commission’s European Digital identity framework, and discuss how the new trust services under the proposal will strengthen the EU framework for cross-border electronic identification.
- 2 June 2021 - 10:00 to 11:00 Brussels time - Enabling the EU-wide interoperable use of digital identities is a key priority of the digital finance strategy
This webinar will be devoted to a presentation of the European Commission’s proposal for a regulation laying down harmonised rules on artificial intelligence (Artificial Intelligence Act) that was adopted earlier this spring. The discussion will focus on its impact on the financial services sector.
- 23 March 2021 - 10:00 Brussels time - Webinar on the European financial data space
As set out in the digital finance strategy, data driven innovation has a lot of potential in the financial sector. It enables innovative products for consumers and businesses, and can support broader policy objectives at EUnbsp;level. Building on the new European data strategy, which aims to enhance access to data and to promote data-sharing in the EU, the Commission will set up a European financial data space alongside data spaces in other sectors. This webinar aims to provide the general context of this Commission initiative and to exchange views with stakeholders on the interactions between the horizontal and sectorial approaches to data-sharing.
- 25 March 2021 - 10:00 Brussels time - Webinar on open insurance
Data driven innovation has a lot of potential in the insurance sector and we are already seeing a number of promising initiatives launched by established insurers and innovative firms in that field.
The webinar aims to gather stakeholders’ views on the main benefits and challenges an open finance framework can bring for insurance services and the sectorial specificities that should be considered. Short presentations of actual use cases by insurance companies or InsurTech could help understanding the main policy issues that the Commission will have to assess in the near future.
This webinar is timely in view of the ongoing public consultation launched by the European Insurance and Occupational Pension Authority (EIOPA) on 28 January.
- To be determined - Webinar on digital financial education
- To be determined - Webinar on digital identities
- 10 March 2021 - Webinar on call for advice to ESAs on digital finance
On 2 February 2021, the European Commission sent a request to the EBA, the EIOPA and the ESMA for technical advice on digital finance and related issues. The request is a based on the digital finance strategy, which was adopted on 24 September 2020. The request concentrates on the prudential and supervisory aspects of the digitalisation in financial services and ask for advice on fragmented value chains, platformisation, large technology groups, lending and the protection of clients’ funds.
- 11 November 2020 - Webinar on the proposal on digital operational resilience
- 30 September 2020 - Webinar on the digital finance strategy
- 14 October 2020 - Webinar on the retail payments strategy
- 28 October 2020 - Webinar on the proposals on markets in crypto-assets and on pilot regime for market infrastructures based on distributed ledger technology
FISMA online roundtables
- 15 April 2020 - Digital Finance & Coronavirus - how can digital finance help tackle the Coronavirus crisis?
- 22 April 2020 - A Digital Single Market for financial services
- 29 April 2020 - Open Finance - promoting a more data-driven financial sector
- 6 May 2020 - Ensuring a technology-neutral and innovation-friendly regulatory framework
- 13 May 2020 - Enabling an EU framework for markets in crypto-assets
- 19 May 2020 - Enabling a digital operational resilience framework for financial services
- 27 May 2020 - Digital Sustainable Finance - how can digital finance support sustainability?
- 17 June 2020 - Webinar on Insurtech - How InsurTech is changing the insurance sector? What are the current trends and developments in the EU?
National events
- 13 February 2020 - Milan, Italy
- 20 February 2020 - Prague, Czech Republic
- 4 May 2020 - Berlin, Germany - (private event)
- 5 May 2020 - Brussels, Belgium - online
- 14 May 2020 - Dublin, Ireland - online
- 20 May 2020 - Vilnius, Lithuania - online
- 28 May 2020 - Bucharest, Romania - online
- 29 May 2020 - Stockholm, Sweden - online
- 2 June 2020 - Madrid, Spain - online
- 3 June 2020 - Valletta, Malta - private event
- 4 June 2020 - Nicosia, Cyprus - online
- 8 June 2020 - Zagreb, Croatia - online
- 10 June 2020 - Budapest, Hungary - private event
- 11 June 2020 - Luxembourg, Luxembourg - online
- 12 June 2020 - Paris, France - online
- 15 June 2020 - Lisbon, Portugal - online
- 16 June 2020 - Sofia, Bulgaria - online
- 18 June 2020 - Ljubljana, Slovenia - online
- 19 June 2020 - Copenhagen, Denmark - online
Digital finance outreach conference
- 23 June 2020 - Digital finance outreach conference - online
#EUvsVirus challenge
Can you hack it?
The European Commission, in collaboration with EU member states hosted a pan-European Hackathon on 24, 25 and 26 April 2020 to connect innovators, partners and buyers across Europe to develop innovative solutions for coronavirus-related challenges.
One of the challenge domains of the hackathon was Digital Finance, including the following challenges:
1. Support identification of financial shortfalls
The challenge is meant to supporting short term identification and analysis of businesses’ financial shortfalls and needs, in particular for SMEs, through data analytics/open data.
2. Speed-up access to financial support
The challenge is meant to find solutions to enabling speedy access to public financial support by SMEs, self-employed, citizens.
3. Speed-up distribution of financial support
The challenge is meant to find solutions to quicker distribution of public financial support via digital money/transfers.
4. Availability of emergency health insurance
The challenge is meant to find solutions to ensure an emergency Coronavirus health Insurance .
5. Enable crowd to help financially
The challenge is meant to crowdfund to support the fight against Coronavirus such as the provision of medical equipment to local hospitals.
6. Support for digitally excluded
The challenge is meant to find solutions to provision of essential digital finance tools to the digitally excluded such as the elderly and homeless.
7. Other
The above challenges are just suggestions. Feel empowered to get creative!
Congratulations to Bankera Business Care (Lithuania), whose solution to provide SMEs with short-term financing to cover their liquidity needs during times of crisis, has been selected as winner of the Digital finance category.
See the full list of winners and prize allocations.
Winners were invited to a Matchathon that took place from 22 to 25 May on the new European Innovation Council COVID Platform. The purpose of this online event was to facilitate match-making with end-users, such as hospitals, and to provide access to investors, corporates, foundations and other funding opportunities from across the EU.
Digital solutions on digital finance
If you have a digital solution on one of the above topics that you would like to share with us, you can send your solution to: fisma-digital-finance
ec [dot] europa [dot] eu (fisma-digital-finance[at]ec[dot]europa[dot]eu)