CORDIS · 867834 · H2020

EVERIFIN EU-wide internet banking application for managing more accounts from multiple banks in one place

Coordinator: USABILITY ENGINEERING CENTER, S.R.O (SK)

Everifin is an EU-wide internet banking application offering non-discriminative way to use banking services from multiple banks at the same time independent from citizenship in the EU member state. This is possible thanks to the new European regulation called PSD2. The regulation comes into full force in September 2019 and obliges all banks in the EU, Liechtenstein, Norway and Iceland to give licensed 3rd parties access to client data if the client asks for it. The licenses are issued by a local regulator and can be transferred to any member state.The challenge is that the customer data which…

EU contribution
€50k
Total cost
€71k
Period
2019-05-01 → 2019-10-31
Framework
Horizon 2020 (2014–2020)
Funding scheme
SME-1
Call
H2020-EIC-SMEInst-2018-2020
Status
CLOSED

About Horizon 2020 (2014–2020)

Horizon 2020 was the EU's flagship research and innovation programme for 2014–2020, with a budget of around €77 billion. It bundled FP7's strands with the EIT and the Competitiveness and Innovation Programme, introduced a stronger societal-challenge orientation, and pushed the funding logic toward closer-to-market innovation. New calls closed in 2020 but funded projects continued through 2024.

Co-funding: the European Union contributes €50k toward a total project budget of €71k — a funding rate of 70%, with the remainder covered by the consortium partners. The project runs over approximately 0.5 years from 2019-05-01 to 2019-10-31.

Full record on CORDIS — partners, deliverables, publications, news.

Open on cordis.europa.eu → Grant DOI ↗

Frequently asked questions

Who funds this research project?
This project is funded by the European Union through the Horizon 2020 (2014–2020) programme, under the SME-1 funding scheme.
What is the EU contribution?
The European Commission contributes €50k toward a total project budget of €71k.
Which EU programme funds it?
The project is funded under Horizon 2020 (2014–2020), call H2020-EIC-SMEInst-2018-2020.
Who coordinates the project?
The project is coordinated by USABILITY ENGINEERING CENTER, S.R.O (SK).
What is the project timeline?
The project runs from 2019-05-01 to 2019-10-31 — approximately 0.5 years.
Where can I find the full project record?
The complete record — partners, deliverables, publications and news — is published on CORDIS under project ID 867834.