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Inclusive Banking Begins Now: The Impact of the European Accessibility Act

  On June 28, 2025, the European Accessibility Act (EAA) will come into effect across all EU member states. As part of the EU’s broader commitment to the United Nations Convention on the Rights of Persons with Disabilities (CRPD), which it ratified in 2011, the EAA aims to harmonize accessibility requirements across the EU. Its goal is to ensure equal access to essential products and services, including those in the financial sector. For financial institutions and fintech companies, this is not just a legal mandate — it is an opportunity to innovate and grow. The EAA defines disability broadly, covering individuals with long-term physical, mental, intellectual, or sensory impairments. This includes people who are blind or have low vision, are deaf or hard of hearing, have cognitive conditions like dementia or dyslexia, or experience mobility challenges. Crucially, the Act also acknowledges the needs of older individuals and those with temporary impairments. In total, the EAA is exp...