Fintech action plan: For a more competitive and innovative european financial sector
March 2018
Strategies and Action Plans
The FinTech Action Plan acknowledges that the financial sector is the largest user of digital technologies and represents a major driver in the digital transformation of the economy and society. The Plan finds that in order to further increase the innovation of financial services, it is necessary to: enable innovative business models, increase competition and cooperation between market players through common standards and interoperable solutions, and support the uptake of technological inovation in financial sector, to name a few.