European Commission published the proposal: Regulation on the establishment of

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.

WE BUILD is working closely with the European Commission to help turn this regulation and its intent into success.

Under the Digital Europe Programme, the WE BUILD consortium - bringing together 180+ public authorities and private companies across 26 countries - is already exploring high‑impact business and supply chain use cases, including:

• Due Diligence / KYC: Support financial institutions and obliged entities via a Business Wallet to verify customer identity before granting access to services.

• Company Law Directive – Branch Creation: Enable businesses to register a branch abroad using a Business Wallet.

• Company Representation & Signing on behalf of a company: Digitally empower natural persons to act/sign on behalf of companies for tax compliance, cross‑border transactions, invoicing, and more.

Read the full proposal.

If your organization is interested in shaping pilots or aligning with the emerging standards, let’s stay in touch.

Image of the city centre of Bucharest, Romania, where the WE BUILD 2026 General Assembly will take place.

NEWS

WE BUILD Consortium to hold 2026 General Assembly in Bucharest, hosted by Visa and Banca Transilvania

The WE BUILD Consortium, a large-scale European collaboration advancing the EU Digital Identity Wallet (EUDIW) and European Business Wallet (EBW) for business use, today announced its 2026 General Assembly will take place in Bucharest, Romania, hosted by Visa and Banca Transilvania. The gathering will bring together 450 representatives from the consortium's more than 200 participating organizations across 28 countries, to review and celebrate progress on their 13 use cases in the domains of business, supply chain and payments.

NEWS

WE BUILD Project update: getting ready for the implementation phase

On June 10 and 11 we hosted a work session at the Netherlands Chamber of Commerce in Amsterdam to advance key decisions ahead of piloting our use cases in the domains of Business, Supply Chain and Payments. WE BUILD is a use-case driven consortium in which 200+ organisations are working together to shape the next steps for the EU Digital Identity Wallet and Business Wallets. This event helped us set the stage for the next phase of our project.

NEWS

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.

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 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.

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NEWS

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.

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