{"id":342,"date":"2023-09-23T09:30:58","date_gmt":"2023-09-23T07:30:58","guid":{"rendered":"https:\/\/bdva.eu\/?post_type=task-forces&#038;p=342"},"modified":"2025-11-25T16:23:45","modified_gmt":"2025-11-25T15:23:45","slug":"finance","status":"publish","type":"task-forces","link":"https:\/\/bdva.eu\/task-forces\/finance\/","title":{"rendered":"Finance"},"content":{"rendered":"<div>\n<p><strong>Financial Technology (FinTech) and Insurance Technology (InsurTech)<\/strong> are rapidly transforming the financial and insurance services industry due to digital transformation. In the finance industry, the digital transformation is not acting on a product, rather on services and the processes used in the \u201cmanufacturing\u201d of these services. AI has disruptive role as it is the one analyzing data, evaluating risk and perspectives, and enabling more intelligent and automated processes, along with personalized services that are tailored to customers\u2019 needs.<\/p>\n<\/div>\n<div>\n<p>The creation of the Task Force\u00a0<em>Finance<\/em>\u00a0within the BDVA environment could bring added value to the community as <strong>know-how and relevant partnerships in the Financial Sector<\/strong>. On the other hand, the technologies used in Fintech and InsurTech may find valuable insights from BDVA as well as gaining relevant information on how to manage datasets reliably and accordingly to regulations and requirements.<\/p>\n<p>BDVA&#8217;s Task Forces meet regularly, discussing the latest updates from the ecosystem, collaborating on publications and organising events. <strong><a href=\"https:\/\/bdva.eu\/activities\/\" target=\"_blank\" rel=\"noopener\">Check out BDVA&#8217;s activities and make sure to stay tuned!<\/a><\/strong><\/p>\n<\/div>\n<div id=\"ConnectiveDocSignExtentionInstalled\" data-extension-version=\"1.0.4\"><\/div>\n","protected":false},"menu_order":0,"template":"","taskforce-category":[34],"class_list":["post-342","task-forces","type-task-forces","status-publish","hentry","taskforce-category-sector-specific-task-forces"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Finance - BDV Big Data Value Association<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bdva.eu\/task-forces\/finance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Finance - BDV Big Data Value Association\" \/>\n<meta property=\"og:description\" content=\"Financial Technology (FinTech) and Insurance Technology (InsurTech) are rapidly transforming the financial and insurance services industry due to digital transformation. In the finance industry, the digital transformation is not acting on a product, rather on services and the processes used in the \u201cmanufacturing\u201d of these services. AI has disruptive role as it is the one [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bdva.eu\/task-forces\/finance\/\" \/>\n<meta property=\"og:site_name\" content=\"BDV Big Data Value Association\" \/>\n<meta property=\"article:modified_time\" content=\"2025-11-25T15:23:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bdva.eu\/wp-content\/uploads\/2025\/03\/BDVA-Logo.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bdva.eu\/task-forces\/finance\/\",\"url\":\"https:\/\/bdva.eu\/task-forces\/finance\/\",\"name\":\"Finance - BDV Big Data Value Association\",\"isPartOf\":{\"@id\":\"https:\/\/bdva.eu\/#website\"},\"datePublished\":\"2023-09-23T07:30:58+00:00\",\"dateModified\":\"2025-11-25T15:23:45+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/bdva.eu\/task-forces\/finance\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/bdva.eu\/task-forces\/finance\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/bdva.eu\/task-forces\/finance\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/bdva.eu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Task forces\",\"item\":\"https:\/\/bdva.eu\/task-forces\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Finance\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/bdva.eu\/#website\",\"url\":\"https:\/\/bdva.eu\/\",\"name\":\"Big Data Value Association\",\"description\":\"BDVA is an industry-driven research and innovation organisation with a mission to develop an innovation ecosystem that enables the AI and data-driven digital transformation of the economy and society in Europe.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/bdva.eu\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Finance - BDV Big Data Value Association","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/bdva.eu\/task-forces\/finance\/","og_locale":"en_US","og_type":"article","og_title":"Finance - BDV Big Data Value Association","og_description":"Financial Technology (FinTech) and Insurance Technology (InsurTech) are rapidly transforming the financial and insurance services industry due to digital transformation. In the finance industry, the digital transformation is not acting on a product, rather on services and the processes used in the \u201cmanufacturing\u201d of these services. AI has disruptive role as it is the one [&hellip;]","og_url":"https:\/\/bdva.eu\/task-forces\/finance\/","og_site_name":"BDV Big Data Value Association","article_modified_time":"2025-11-25T15:23:45+00:00","og_image":[{"width":1600,"height":900,"url":"https:\/\/bdva.eu\/wp-content\/uploads\/2025\/03\/BDVA-Logo.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/bdva.eu\/task-forces\/finance\/","url":"https:\/\/bdva.eu\/task-forces\/finance\/","name":"Finance - BDV Big Data Value Association","isPartOf":{"@id":"https:\/\/bdva.eu\/#website"},"datePublished":"2023-09-23T07:30:58+00:00","dateModified":"2025-11-25T15:23:45+00:00","breadcrumb":{"@id":"https:\/\/bdva.eu\/task-forces\/finance\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/bdva.eu\/task-forces\/finance\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/bdva.eu\/task-forces\/finance\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/bdva.eu\/"},{"@type":"ListItem","position":2,"name":"Task forces","item":"https:\/\/bdva.eu\/task-forces\/"},{"@type":"ListItem","position":3,"name":"Finance"}]},{"@type":"WebSite","@id":"https:\/\/bdva.eu\/#website","url":"https:\/\/bdva.eu\/","name":"Big Data Value Association","description":"BDVA is an industry-driven research and innovation organisation with a mission to develop an innovation ecosystem that enables the AI and data-driven digital transformation of the economy and society in Europe.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/bdva.eu\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/bdva.eu\/wp-json\/wp\/v2\/task-forces\/342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bdva.eu\/wp-json\/wp\/v2\/task-forces"}],"about":[{"href":"https:\/\/bdva.eu\/wp-json\/wp\/v2\/types\/task-forces"}],"wp:attachment":[{"href":"https:\/\/bdva.eu\/wp-json\/wp\/v2\/media?parent=342"}],"wp:term":[{"taxonomy":"taskforce-category","embeddable":true,"href":"https:\/\/bdva.eu\/wp-json\/wp\/v2\/taskforce-category?post=342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}