EBA’s report on white-labelling reveals that about 35% of banks use this model, offering innovation opportunities but posing significant AML/CTF, fraud, transparency, and consumer protection risks

The EBA warns that the rapid growth of white-labelling often involving non-bank and unregulated partners such as online marketplaces undermines regulatory oversight, blurs consumer accountability, and heightens fraud and AML/CTF risks due to gaps in onboarding, monitoring, and data-sharing. To address these issues, the EBA plans supervisory convergence in 2026 to better map, regulate, and enhance transparency around white-labelling models across the EU…