On February 5, the European Internet Forum organised a reception – hosted by Pilar del Castillo MEP and EIF Chair – with Thierry Breton, the new EU Commissioner for Internal Market as guest of honour for an exchange of views on his policy priorities and future initiatives.

EIF invited members to exchange views on the regulatory obstacles Banks and FinTechs are facing in the Digital Era as well as how to ensure that competition, data privacy and security will empower the consumer and SMEs while allowing the sector to lead in innovation.

The debate, titled "The digital transformation of financial services", was chaired by MEP Pilar del Castillo and featured the following speakers:

• Delphine Leroy, Policy Officer, Financial Technology and Sustainable Finance Unit, DG FISMA, European Commission
• Joel Rosenbaum, Head of Strategy and Corporate Development, Banco Santander
• Ciaran O'Malley, Head of Commercial Strategy, Trustly