Financial Services

1. Europe’s real-time payment fraud shield

As digital payments grow across Europe, so does the need to prevent fraud more quickly and collaboratively. Today, most players in the payment ecosystem detect threats individually, with no secure EU-wide system for sharing early warning signals across borders in real time. This fragmented approach creates blind spots and slows down fraud response.

We need to address this gap by building a voluntary, secure platform for real-time sharing of anonymised fraud signals across trusted actors. The U.S. is already addressing this with initiatives like the FS-ISAC, which allows trusted institutions to share fraud intelligence securely and collaboratively. Europe must now offer a practical, industry-led solution to strengthen early detection, coordinate faster responses, and protect European consumers and businesses from evolving threats.

Project scope:

• Develop a secure, EU-wide infrastructure and API standard to facilitate voluntary, real-time sharing of anonymised fraud signals among financial ecosystem participants.
• Ensure interoperability with existing national systems and fraud databases to promote seamless integration and broader adoption across sectors.

KPIs by 2030:

• Reduction in average time to prevent, detect and respond to payment fraud incidents.
• Number of actors integrated into the platform.

ROIs by 2030:

• Cost savings from early detection and reduced impact of fraud incidents.
• Increased adoption of EU-wide digital payment systems due to enhanced trust and security.

2. EU personal pension data gateway

Every year, €300 billion of EU citizens’ savings flow abroad instead of being invested here in Europe. Pensions play a key role for the integration of European capital markets and for financing long-term projects. Unlocking pensions data to make it more accessible would increase transparency, helping citizens make better long-term investment decisions and reverse this pattern.

In pensions, for example, data is fragmented across national schemes and borders, making it difficult for people to see their accrued rights or project their future retirement income.

A secure, EU-wide pension data gateway would consolidate personal pension information into one stop shop. This would empower savers to assess gaps, compare products, and channel more capital into long-term EU-based investments, boosting both individual financial security and Europe’s economic resilience.

Project scope:

• Build a secure EU-wide digital architecture and API standard to connect national and private pension schemes, enabling safe data access for individuals and authorised providers, based on consent.
• Launch a user-friendly pension dashboard that lets citizens view their projected retirement income and easily compare available public and private pension products.

KPIs by 2030:

• Increase in the share of EU citizens enrolled in supplementary or pan-European personal pension products.

ROIs by 2030:

• € billions in household savings channelled into EU-based investment funds, strengthening the EU’s Savings and Investment Union