Virtual EBF Innovation & Cyber Thursdays – Day 3
With the year 2020 dominated by Covid-19-related restrictions of physical interaction and an increasing relevance of technology and digital interaction for businesses and citizens, legislative initiatives by the European Commission aim at addressing digital transformations in Europe’s economy. Technology actors, i.e. BigTech, are expanding their reach from their core businesses into adjacent industry sectors. In turn, the European market is increasingly facing questions of competition, market conditions and available digital infrastructure. The financial sector is a frontrunner in the application of digital innovation to the benefit of customers and business operations. Consequently, the financial ecosystem meets newcomers who – thanks to possible gatekeeper roles –carry significant changes into the known environment of business relations and regulatory framework.
The event is providing insights into how European banks, regulators and BigTech companies are perceiving these changes. With the European Commission’s Digital Services Act coming up, conversations will touch upon the role for new ex ante regulation and the protection of fair competition and innovation required for a prosperous Europe.
VIDEO RECORDING
PROGRAMME:
15:00 – 15:05
WELCOME & INTRODUCTORY REMARKS
Alexandra Maniati, Director of Cybersecurity & Innovation, EBF
Julian Schmücker, Senior Policy Adviser – Digital Innovation, EBF
15:05 – 15:15
KEYNOTE SPEECH
Christian Ossig, CEO, German Banking Association and Chair, EBF Executive Committee
15:15 – 15:40
FIRESIDE CHAT: BIGTECH IN FINANCE
Wim Mijs, CEO, EBF
Lisa Quest, Partner – Public Policy UK, Oliver Wyman
15:40- 16:30
PANEL DEBATE: Innovation in finance – digital platform solutions
Pablo Urbiola Ortún, Head of Digital Regulation and Trends, BBVA
Teunis Brosens, Lead Economist for Digital Finance and Regulation, ING
Elisabeth Noble, Senior Policy Adviser, EBA
Jan Boehm, European FinTech Association
Moderated by: Sébastien de Brouwer, Chief Policy Officer, EBF
16:30- 16:35
CLOSING REMARKS
Alexandra Maniati, Director of Cybersecurity & Innovation, EBF
JOIN OTHER EBF INNOVATION & CYBER THURSDAYS EVENTS:
Join us and hear from and interact with European and international experts, policymakers and stakeholders: How can European banks remain competitive in the EU and globally? What can regulators, supervisors and industry do together to foster innovation, security and resilience in financial services? What lies in the way from agile and cybersecure banks to an innovative and resilient financial ecosystem?
JOIN DAY ONE, 22 October
The first day is devoted to cyber security and resilience, the basis underlying every field of digital innovation. Taking place during the European Cyber Security Month and building upon the previous annual editions of the (physical) EBF Cybersecurity Conference, this year’s digital event aims to provide to explore the rapidly evolving cyber trends and challenges for banks.
JOIN DAY TWO, 29 October
The second day is devoted to the European Data Economy and Open Finance. The European Commission, through its Data Strategy, has set a goal to build a Single Market for Data in Europe. It has also made fostering a data driven financial sector one of its priorities, including a commitment to present a proposal for a new Open Finance Framework by mid-2022…
JOIN DAY FOUR, 12 November
Day four will shine the light on the importance of an appropriate framework for banks to grasp the innovative potential offered by technology, while abiding by today’s rules. Where both come together, the financial industry requires options to safely advance innovative solutions at scale…
JOIN DAY FIVE, 19 November
The European Commission has adopted its Retail Payments Strategy that will shape the policy landscape for payments in the EU for the years to come. Day five and final day will will discuss the main pillars of the EU Strategy and will dive deeper into what is needed for a ‘European payments champion’ to emerge.
About the organiser: European Banking Federation
The European Banking Federation is the voice of the European banking sector, bringing together national banking associations from across Europe, including all member states of the European Union. The EBF is committed to a thriving European economy that is underpinned by a stable, secure and inclusive financial ecosystem, and to a flourishing society where financing is available to fund the dreams of citizens, businesses and innovators everywhere.
EU Banks for Ukraine
