European business wallets: Council adopts negotiating position

On June 9, the Council adopted its position on the proposal to establish European business wallets, a digital tool designed to simplify and secure business interactions across the EU, both between companies and with public administrations.

Building on the eIDAS2 framework, European business wallets will allow companies to digitalise many operations that currently require in-person processing.

By providing a harmonised European solution, European business wallets will enable secure, cross-border communication and document exchange for businesses operating in multiple member states.

The adoption of the Council’s position demonstrates the commitment of member states to reach a final agreement on this legislation before the end of 2026, as asked by EU leaders in the conclusions of the March 2026 European Council.

The adoption of the European business wallets is in line with the ‘One Europe, one market’ roadmap, aiming to transform the EU business environment into a true seamless single market.

image of group of business men and woman standing in a circle, the text says: we are launching the we build payments interest group

NEWS

WE BUILD is launching the Payments Interest Group

As part of the WE BUILD Consortium, we are setting up a dedicated Payments Community focusing specifically on the role of digital wallets in the payments ecosystem. The main purpose of this initiative is to share our progress and facilitate a practical exchange of views with external stakeholders.

3d visual of letters AI on top of digital scenery mostly blue

NEWS

New non-paper: Trusted Identities for AI agents: An Opportunity for Europe

We are pleased to share this new non-paper organised by WE BUILD participants about AI agents, digital wallets and payments.

Group of business people having a round table meeting in a corporate setting

NEWS

European Commission published the proposal: Regulation on the establishment of European Business Wallets

Big news for European digital business! Today, the European Commission published its proposal: “Regulation on the establishment of European Business Wallets.” European Business Wallets will be accessible to businesses of all sizes, the initiative will simplify economic activities in the Single Market and strengthen the competitiveness of European enterprises

Group photo of we build members at general assembly conference

NEWS

WE BUILD Consortium officially launched at General Assembly in Amsterdam!

Today, we’ve officially launched the WE BUILD Consortium! More than 180 organisations from 26 countries are joining forces to shape the next stage of the European Digital Identity Wallet. This large-scale European collaboration unites public authorities, private companies, academic institutions and technology providers to develop 13 pioneering use cases across the domains of business, supply chain and payments.

outside image of the amsterdam library including large letters with the text I amsterdam

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WE BUILD launches at General Assembly in Amsterdam on 3-4 September 2025

The General Assembly marks the launch of a groundbreaking European collaboration. This event provides a unique opportunity to connect with key stakeholders, shape the future of Europe’s Business Wallet and Payments ecosystem, and build momentum through plenary sessions, breakout workshops, and networking.

NEWS

WE BUILD has been selected by the European Commission to participate in the second round of Large Scale Pilots for the EU Digital Identity Wallet

WE BUILD, the consortium Wallet Ecosystem for Business and payments Use cases on Identification, Legal representation and Data sharing, is proud to announce that it has been selected by the Commission to participate in the second round of Large Scale Pilots for the EU Digital Identity Wallet.