Cecabank is one of AEFI's best established and most important collaborators, having been one of its strategic partners for several years
Both entities recently presented the Paper on Digital Assets, during the celebration of “Madrid FinTech Day”, an event organised by AEFI
The Spanish Association of FinTech and InsurTech (AEFI) and Cecabank—Spain's leading custodian bank and provider of payment and cash flow solutions—have renewed their collaboration agreement, continuing a strategic alliance that has resulted in close and coordinated work between both organisations over the last few years with the aim of boosting the development of the FinTech and InsurTech ecosystem in Spain, to foster dialogue with regulators and supervisors and contribute to reflection on the main regulatory and technological challenges of the financial sector.
The renewal of this agreement will allow both organisations to continue advancing in the development of joint initiatives aimed at dissemination, analysis and knowledge generation, as well as to continue working together to strengthen the ecosystem and anticipate regulatory changes.
Cecabank, one of AEFI's best established and most important collaborators, has worked hand in hand with the association on some of its most significant initiatives in recent years, including the development and publication of reference documents for the sector, such as the White Papers of WealthTech, RegTech and FinTech 2.0.
In the last year, Cecabank has collaborated with AEFI in the organisation of Madrid FinTech Day, in the context of the 2nd Conference on Financial Regulation. A landmark event for the ecosystem, with the support of Madrid City Council, which brought together representatives from the financial industry, supervisors and experts in technological innovation. At that same event, the Paper on Digital Assets, a document prepared jointly by AEFI and Cecabank, was presented. This document has become a benchmark for the ecosystem by offering a comprehensive analysis of the European and national regulatory framework applicable to digital assets. The report covers, among other aspects, key regulations such as MiCA, DORA and PSD3, as well as cross-cutting issues of particular relevance to entities operating in this field, such as data protection and the prevention of money laundering.
Following the presentation of the Paper on Digital Assets, AEFI and Cecabank have decided to strengthen their collaboration to continue promoting the development of the digital asset sector in Spain and to support the ecosystem in adapting to the new regulatory framework.
As a result, both entities will continue to work in a coordinated manner in generating analysis and specialised knowledge, as well as in identifying good practices that contribute to a solid, safe development aligned with the regulatory requirements of an environment in constant evolution.
Arturo González Mac Dowell, president of the AEFI, stated that “the renewal of our alliance with Cecabank consolidates a historic collaboration with a leading financial institution in Spain, which has, for many years, also been committed to developing initiatives to promote financial innovation. This agreement perfectly reflects the need to foster synergies between financial institutions and the FinTech ecosystem to promote responsible, safe, and customer-focused innovation.”
For his part, Juan José Gutiérrez, Corporate Director of Payments at Cecabank, emphasised: “Our collaboration with AEFI brings us closer to the FinTech ecosystem, allowing us to identify new trends, work with leading startups and adopt cutting-edge technological practices. All of this allows us to continue providing our clients with a safe, efficient and distinctive service, aligned with the most advanced technological solutions. An example of this is obtaining the MiCA licence, which allows Cecabank to offer custody and payment services related to crypto assets.”
