In response to the European Commission's consultation on financial technologies ('FinTech'), the European Banking Federation (EBF) on Wednesday 14 June called upon the Commission to create an inclusive ecosystem based around end-users and in which all players – from tiny start-ups to multinational banks – undertake to provide their clients with innovative financial services.
“If we as Europeans really want to play a role in FinTech globally, we need to create room for innovative...