“We have thirty years of experience to learn from. Thirty years of crises and successes, of design flaws and great innovation, of opportunities for reform that we have missed, and opportunities for prosperity gains that we have seized.” This is what Klaas Knot said at the Maastricht Treaty.
Innovations in payments and banking
All around us, constant innovations help making things better and easier to use. For example, processes for making payments or banking transactions are made simpler and faster every day. Technologies such as online banking, apps and wearables facilitate this. But how do those innovations work? And what about security? And what are cryptos, CBDC and blockchain? Find the answers here.
Data and data mobility are having a growing impact on financial services. Moreover, new EU regulation has been proposed or is expected that aims to create an EU data market by 2030 by enhancing the ability of data holders to share their data.
A more risk-based approach will sharpen the focus of efforts to keep the financial sector free from financial crime.