Digital Sovereignty Emerges as Core Goal of Banking Transformation
Financial institutions are being urged to treat digital sovereignty as a central deliverable of modernisation efforts, according to industry coverage from Finextra.
Oliver Bennett
Editor-in-Chief · London
European banks pursuing large-scale technology overhauls are increasingly framing digital sovereignty as more than a compliance checkbox — positioning it as a defining outcome of transformation itself. Coverage from Finextra Research highlights how financial institutions can pursue modernisation while retaining greater control over their data, infrastructure and operational independence.
Why Sovereignty Now Sits at the Centre
For years, banking transformation was largely framed around speed, cost reduction and customer experience. The emphasis on digital sovereignty signals a shift in priorities: institutions want assurance that the systems underpinning their operations are not subject to external dependencies they cannot manage. As Finextra reported, the goal is to achieve banking transformation and digital sovereignty in tandem, rather than treating them as competing objectives.
Keep reading
Instant Payments Startup Root Exits Stealth to Modernise US Money Movement
Root has emerged from stealth with a platform handling receivables, payables and money transmissions, aiming to speed up business payments in the US.
OpenUSD Rattles Circle, but Stablecoin Network Faces Long Road
One newsletter, two continents
The Bridge brings you the tech, startups, and leaders moving between Africa and Europe — one sharp email each morning. No spam, unsubscribe anytime.
