COST Action CA19130 - FinTech and AI in Finance

COST Action FinTech and AI in Finance

COST Association | EUR 860K | September 2020 - September 2024

Overview

One of the largest COST Actions in Europe and the leading research network on FinTech and AI in Finance. The Action investigated AI and Fintech from multiple angles: transparency in FinTech, black box versus explainable models, and investment product performance transparency for clients.

Role

Action Chair - Led the network, coordinated research across working groups, organized conferences, and managed EU policy engagement.

Network Impact

Metric Value
Member Countries 51
Researchers 413+
Annual Publications 100+
Total Citations 6,000+
Annual Events 15+
Event Participants 1,000+ per year
Funding Applications 40+

Research Themes

  • FinTech: Digital banking, payment systems, lending platforms
  • Artificial Intelligence: Machine learning, deep learning, NLP
  • Transparency: Explainable AI, regulatory compliance
  • Blockchain: Cryptocurrencies, DeFi, smart contracts

Working Groups

WG Focus Output
WG1 Transparency in FinTech RegTech frameworks
WG2 Black Box vs Explainable AI Interpretability methods
WG3 Investment Product Transparency Consumer protection
WG4 Interdisciplinary Collaboration Industry-academia bridge

Key Activities

  • Annual European COST Conference on AI in Finance (8 editions)
  • Short-term scientific missions (STSMs) for researcher mobility
  • Training schools for early-career researchers
  • Policy engagement with EU institutions (Brussels meetings)