PROFIT Needs You!

The PROFIT project is moving forward, and we have drafted a questionnaire that will help us understand what the future users need in our platform fostering financial literacy.

This questionnaire has been designed by the University of Glasgow, with input received from the fruitful discussions we had in our first User Day, as well as the contribution of the rest of the Consortium, FEBEA’s members and the User Forum.

This is an excellent chance for everyone to have their say and steer the platform in the right way. You can find the questionnaires in six languages:

  • English
  • French
  • Italian
  • Greek
  • Croatian
  • Slovenian

The window for submitting the replies is Friday, the 1st of July.

We tried to keep the questionnaire as simple as possible: the mandatory questions are marked with a red asterisk and some questions are wider than the GoogleForm and you should keep an eye for a scrollbar that will allow to check the whole range of replies.

Feel free to spread it to your networks and thank you very much in advance for your contribution!

Promoting Financial Literacy on NetFutures

Digital single market of the EU is a great opportunity for businesses, but also for the societal actions like financial literacy upgrade. The connected society enabled collective awareness to occur in Europe.

NetFutures2_web  NetFutures1_web

PROFIT must seek attractive ways how to increase the financial literacy of the online nation. This was the main message of our participation to NetFutures conference and exhibition. The consortium had a chance to meet other CAPS projects and talk to the ICT-literate community.

NetFutures3_web  NetFutures4_web

IFIN 2016 Workshop organized by PROFIT

IFIN 2016 – 1st International Workshop on the Internet for Financial Collective Awareness & Intelligence
in conjuction with the 3rd International Conference on Internet Science (INSCI 2016)

IFIN 2016 Workshop

The 1st International Workshop on the Internet for Financial Collective Awareness and Intelligence (IFIN 2016), organized by the PROFIT Project, will take place at Florence, Italy, on 12 September 2016, in conjuction with the 3rd International Conference on Internet Science (INSCI 2016).
IFIN seeks to open a multidisciplinary dialogue on how we could use the Internet to promote financial awareness and capability among citizens. Towards this goal, IFIN workshop will consist of two parts:
  • presentation of related work
  • roundtable interactive discussions with participants

Under the first part, it will also present key ideas from the recently initiated PROFIT Project, as well as contributions from the wider scientific community. Please visit: for more information on the topics of the workshop.

Under the second part, it will enable interactive discussions with the audience in a roundtable fashion being led by experts.

Paper submission deadline is 15 June 2016.

For more information on the scope and the topics of the workshop, please visit:

1st PROFIT User Day at Global Money Week

Meet the PROFIT team working on collective awareness for better financial decisions and stability and talk about requirements for various user groups in an event collocated with Global Money week.

Date and time: 16th March 2016 2PM – 6PM

Meeting venue: Social Economy Europe, Rue Botanique 75 (3rd floor), Brussels

Programme of the event:

  • 14:00-14:15 Registration
  • 14:15-15:00 Project outline: Consortium, PROFIT platform, scope, target, timeplan
  • 15:00-15:30 User Forum: User Forum members present themselves
  • 15:30-16:30 Where we are now: User Cases and Scenarios, methodology,
  • Questionnaires (quantitative, qualitative, target groups)
  • 16:30-17:30 Q&A session with the audience/User Forum to gather feedback
  • 17:30-18:00 Closing: final thoughts & next steps

Please confirm your presence by Friday, 11th of March

For further information and registration, please contact: or


PROFIT project activities kicked-off

The consortium meeting held in Bratislava has kicked-off the project activities. The projects starts with specification and functional design.

First objective of PROFIT is to study and specify the requirements of the targeted users with respect to the proposed financial awareness platform, analysing and turning them into specifications. Based on this analysis, it will define and deliver a number of representative use cases and user scenarios to exemplify the novelties of the PROFIT platform. Finally, the incentive mechanisms to encourage users’ participation will be defined as well as the personalised recommendation policies to provide decision support.

A user group has been involved from the very beginning to provide their requirements on the system and define use cases.

  • SEFEA – Italy
  • Credal – Belgium
  • APS Bank – Malta
  • Sklad05 – Slovenia
  • ZEF Cooperative for Ethical financing – Croatia
  • Bank of Karditsa – Greece
  • FCRE – Fondazione Culturale Responsabilità Etica – Italy

PROFIT project started

The PROFIT project aims to develop a platform towards promoting the financial awareness and improving the financial capability of citizens and market participants by:

  • Raising financial awareness and support better decisions by educational activities and specialized services of the project,
  • Creating financial collective knowledge through advanced processing, fusion and credibility evaluation techniques of data extracted from the Internet and data provided by the platform participants,
  • Empowering user participation and interaction through provision of various voting, polling and other users’ interaction tools, as well as use of appropriate incentive and reward mechanisms.

Project will deliver its results in 36 months between January 2016 and December 2018.