On November 18th, Bitkom (Germany’s digital association) and Payment & Banking (a leading media platform for the payment and banking industry) jointly hosted the inaugural Digital Finance Conference (short “DigiFin”) in Berlin. This event convened leading figures from politics, business, and technology to discuss how a robust, resilient, and advanced financial ecosystem can be established for Germany and the whole of Europe. The explicitly stated collective objective is the development of a future-proof, reliable, and flexible financial landscape that both fosters innovation and guarantees stability.

As already described in a previous blog article, we anticipate the adoption of the FiDA Regulation at the EU level in 2026. wealthAPI, with its BaFin-regulated data expertise (referring to compliance with the German Federal Financial Supervisory Authority), is already capable today of processing the relevant asset data in a FiDA-compliant manner. In the context of the DigiFin, we had the opportunity on two panels as well as a live podcast to explain how we accomplish this in practice.

Listen now to:

• André Rabenstein in the live-podcast “FIDA Data Access as Gamechanger” (German)

 

• The Podcast Recording in the Classic Format (German)

 

• Ulrike Czekay discussing on the Panel “Open Finance in Action” (English)

 

In the panel titled “AI and Automation: The End of the Financial World as We Know It?“, Ulrike Czekay (Moderator), Lara Quack from BaFin (the German Federal Financial Supervisory Authority), Moritz Cortemme from Siemens Financial Services, and Stephen Voss from Neodigital Versicherung AG collectively discussed the fact that AI (Artificial Intelligence) and automation are already capable of a great deal, but that employees must be included in this transformation, and that a regulatory framework is necessary to create trust and security. (A recording will be added here at a later date)