Press Releases

In 2015, the European Banking Federation (EBF) launched the European Money Week, leading in promoting financial education across Europe. A decade later, we find ourselves in a very different landscape, where technologies like artificial intelligence (AI) and digital finance add layers of complexity while presenting both challenges and opportunities.

The banking industry supports the objective of increased European strategic autonomy in payments and sees that new forms of digital currencies and payment methods will be needed to support the multi-faceted digitalisation of the economy. 

Law enforcement agencies from 26 countries, in collaboration with Europol, Eurojust, INTERPOL and several private industry partners, have once again joined forces to combat a key facilitator of money laundering: money mules and their recruiters. In June, October and November 2023, several operational phases identified 10 759 money mules and 474 recruiters, leading to the arrest of 1 013 individuals worldwide.

The Board of the European Banking Federation (EBF) met in Madrid on 24 November 2023.   It was the opportunity to reflect on the resilience built up over the last years, with a focus on recent advancements during the Spanish Presidency. It also allowed a discussion on the key areas where further progress is needed to enhance the competitiveness of the sector and the economy as a whole.

In an unprecedented initiative at national level, the Portuguese Banking Association (APB) and the main banks operating in Portugal will be travelling to schools from the north to the south of the country to promote financial literacy.

As part of the World Investor Week , which this year takes place from the 2nd to the 10th of October, the APB will promote another edition of the BANKING OPEN DAY, this year dedicated to the theme of digital finance.