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ESAs weigh benefits and risks of Big Data

The report concludes that Big Data brings many benefits for the financial industry and consumers, such as more tailored products and services, improved fraud analytics, or enhanced efficiency of organisational internal procedures. On the other hand, financial services consumers should … read more

Remarks by Valdis Dombrovskis at the press conference on Reducing Risk in the Banking Union: Commission presents measures to accelerate the reduction of non-performing loans in the banking sector

Good afternoon. Today the Commission is putting on the table of co-legislators yet another set of proposals to reduce risks in the Banking sector. This time, we are targeting non-performing loans. With today’s package, we have delivered more risk-reduction measures … read more