National Bank of Romania and Fintech Association Sign Innovation Protocol
What happened
The National Bank of Romania and the Romanian Fintech Association signed a cooperation protocol on October 12, 2026, aimed at supporting digitalization and fostering innovation in payment services. The agreement, which is valid for four years and may be extended, was signed by National Bank of Romania first deputy governor Leonardo Badea and Romanian Fintech Association president Cosmin Cosma. The cooperation will involve exchanging expertise and analyzing market developments in financial innovation.
From stiripesurse.ro
Why it matters
The protocol specifically covers topics such as open banking, access to payment services, and the practical implementation of regulations. The association stated that the goal is to contribute to the stability and progress of the local financial market through services that are more efficient and secure for Romanian individuals and companies.
From stiripesurse.ro
Who's involved
- Cosmin CosmaPresident of the Romanian Fintech Association and signatory of the cooperation protocol
- National Bank of RomaniaCentral bank of Romania that signed the cooperation protocol
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The entities involved
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National Bank of Romania
central bank of Romania
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Romania
country in Southeast Europe