Oct 31, 2025 | Digital Transformation
The Digital package on simplification, which is scheduled for release on 19 November, is a flagship initiative of this Commission that is meant to bring to life its commitment to reducing the regulatory burden on businesses in the sphere of digital policy. In ACCIS’s...
Oct 31, 2025 | Digital Transformation
ACCIS appreciates the framing of the consultation questionnaire in the sense that it openly asks stakeholders whether and how consumer laws can be simplified in order to reduce the burden for businesses while maintaining the same level of consumer protection. In that...
Jul 28, 2025 | Digital Transformation
In our response we explain that credit information suppliers are using AI for a number of different use cases ranging from KYC and anti-fraud processes, data filtering (not high-risk) all the way to producing credit scores (high-risk). At the same time, we underline...
Nov 29, 2024 | Digital Transformation
In our response, ACCIS argues that logistic regression (LR) is a simple statistical method distinct from artificial intelligence (AI) and should not be regulated as such under the AI Act. Unlike AI, LR lacks advanced capabilities like learning, reasoning, or complex...
Sep 13, 2024 | Digital Transformation
In our response, ACCIS notes that credit reference agencies are exploring the use of AI to help lenders evaluate the creditworthiness of individuals and businesses, as well as to establish credit scores. We highlight that AI’s ability to analyse vast and complex...
Jan 16, 2024 | Digital Transformation
In this industry statement on the AI definition, a collaborative effort signed by ACCIS and various prominent industry financial services, we emphasize that traditional, statistical techniques used in credit scoring – e.g. logistic regression – warrant...
