EIT Digital set up the Digital Finance Action Line in 2018 to support the creation of innovative tools and services to help the finance industry adapt to the challenges it currently faces. Robust yet agile and tailored financial services are essential for our economies, citizens and enterprises.
The Digital Finance Action Line focuses on the three most important sectors for the finance industry: the retail banking sector, corporate banking services and the asset/wealth management sector.
- The future of retail banking focuses on the way financial institutions will interact with their retail customers (i.e. our citizens) in the future, using modern digital devices and tools. EIT Digital will support a broad range of themes including cybersecurity, authentication, online payments, micropayments, cashless societies and personal financial management.
- Modernised corporate banking is fundamentally important for the efficiency and productivity of European industries. Modern corporate banking services will help companies get more tailored access to the financial resources they need. We promote tools that help to create better financial transparency, automate and simplify financial and accounting tasks for companies, ensure fluid and secure lending, and improve financial services available to corporates, SMEs and startups in Europe.
- In the Digitalised Wealth/Asset Management domain, we support technologies like machine learning and artificial intelligence algorithms to provide better advice, structure better financial products, improve reporting, and support investment professionals in selecting the best financial products to withstand systemic risks.
EIT Digital at the heart of Europe’s digital innovation prioritiesWednesday, September 12 2018
EIT Digital spin-off eBIZ to internationalize in EuropeFriday, September 7 2018
Europe is deep tech: 200 European scaleups in the running for the EIT Digital Challenge 2018Wednesday, June 27 2018
Innovation "made in Europe": what new disruptive technologies are expected in 2018?Tuesday, June 12 2018
Security specialist CyberTrap expanding European business with EIT Digital AcceleratorTuesday, May 15 2018
For more Digital Finance news, visit the Digital Finance Newsroom page.
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