Enhancing Anti-Money Laundering (AML) Capabilities in Embedded Finance: Insights from FAME Pilot #3

FAME Pilot #3

FAME will provide the means for integrating, pricing and trading data assets from interconnected, federated data management infrastructures, including heterogeneous data spaces and data marketplaces. Likewise, it will allow for aggregating and integrating data assets from different providers in a federated catalogue (FDAC). As such, various pilot projects aim to test and validate FAME technologies … Read more

Shaping Digital Ecosystems

DALL·E digital ecosystems, resilience, and digital sovereignty

Andreas Weiss, Managing Director of the eco Association, explores the progress in designing digital ecosystems, the role of sovereign digital identities, and the opportunities and challenges for the EU in asserting digital sovereignty. Progress in designing digital ecosystems and promoting sovereign digital identities The concept of digital ecosystems heavily revolves around data, a cornerstone of … Read more

FAME Federated Marketplace as an Integral Part of Europe’s Choice

Europe’s Choice The new European Commission (2024 – 2029) has started its mandate as per 1 December 2024. Under leadership of the Commission it is time for Europe to get out its comfort zone, make the right choices, and deliver. These choices are summarised in the political guidelines, Europe’s Choice, as presented by the President … Read more

Unlocking the Mystery of Business Processes with AI-empowered Explainability (SAX)

Unlocking the Mystery of Business Processes with AI-empowered Situation Aware eXplainability (SAX)

Overview of Business Process Management (BPM) Business processes represent sequences of tasks structured to achieve specific business goals, such as service delivery or product creation. These processes are often visualized as process models to facilitate understanding and optimization. Business Process Management (BPM) encompasses discovering, modeling, analyzing, and optimizing these processes. Recent advancements in AI and … Read more

FAME: A Cornerstone for AI Finance

Context Generative AI (Gen AI) is revolutionizing the financial industry, but its success depends on high-quality data. Poor data quality risks flawed models, biased predictions, and financial instability. Data Spaces: A Trusted Environment for Data Sharing The EU’s Data Spaces framework fosters secure, governed data sharing. The Finance Data Space, specifically, promotes collaboration and innovation … Read more