PANEL 💡 From PSD2 to PSD3 – The Regulatory Perspective
09:35 - 10:05
There is no "good enough" in the banking sector, so let's talk about the must haves of the industry.
Innovative Finance Stage
10:05
PANEL 💡 From Open Banking to Open Finance - Innovation's Perspective
10:05 - 10:45
Banks need viable business models to get on the market of open banking and to lose the fear of losing market share, whereas clients say they would use the business models if they were promoted by banks. The solution? Fintechs fill the gaps of lost opportunities and benefit both banks and the clients.
Innovative Finance Stage
11:05
PANEL 💡 Digital identity wallets (for authentication and onboarding)
11:05 - 11:40
We really need to rethink the wording – many consumers feel that with the digital identity they are giving away control when the aim is the opposite. Are wallets the right term to describe what we are talking about? Will the interface be a wallet as we understand it today?
Innovative Finance Stage
11:40
PANEL 💡 eIDAS 2.0 - a strategic asset for financial inclusion
11:40 - 12:15
Six years after the adoption of eIDAS, 41% of citizens are left without the possibility to use any trusted and secure eID across borders. The aim for eIDAS 2.0 is that 80% of EU citizens being able to use a digital ID by 2030. Is that possible? How?
Innovative Finance Stage
12:15
PANEL 💡 The lens of cybersecurity through which we can look at banking
12:15 - 12:55
The Future of Banking in the online context - the perspective of a cybersecurity researcher
Innovative Finance Stage
12:55
PANEL 💡 Future of fintech and banking - investor's perspective
12:55 - 13:35
Many neobanks have received funding to accommodate payments and they did that succesfully, but just when they reach the point of getting licenced to become banks and start building deposits and give credits, investors look for profit. How can we meet the expectations and challenges of both and how much flexibility is still available for neobanks turning into traditional banks? Will investors keep funding neobanks? Until when?
How can we look at the future of banks from the lens of the investors? What's next?
Innovative Finance Stage
14:35
KEYNOTE SPEECH 🎙️ Embedded Finance and the impact of web3.0. on the future of financial services
14:35 - 14:55
Innovative Finance Stage
14:55
Panel 💡 HR Talks. How to find and keep the right people
14:55 - 15:25
Any business strategy starts with people. How do we find the right team and how do we make sure we have a talent pool in-house in digital transformation?
Innovative Finance Stage
15:25
WORKSHOP ⚙️ RONIN - Financing a startup: when, from who, for how much, with who
15:25 - 16:05
Why financing through crowdfunding is a good option, improved investment readiness and many others.
Innovative Finance Stage
16:05
KEYNOTE SPEECH 🎙️ The battle to onboard. Why do 68% of consumers abandon financial services at onboarding?
16:05 - 16:35
Why do you need to know who your clients are?
How is digital onboarding done (identity validation, know your customer techniques)?
The battle to Onboard: 68% abandonment rate (showing metrics, and reasons for abandonment) according to a recent Signicat study.
Mitigations – How to improve?
Onboarding in the future.
"Risky business - Verifying identities in a digital world" / "Why do 68% of consumers abandon financial services onboarding?"
Why do you need to know who people are. How is digital onboarding done (inlcuding identity validation and KYC). The battle to Onboard: 68% abondonment rate (showing metrics, and reasons for abandonment). Mitigations – How to improve. Onboarding in the future.
Innovative Finance Stage
Day 2
NOV 23
09:30
Welcoming Notes
09:30 - 09:35
Innovative Finance Stage
09:35
KEYNOTE SPEECH 🎙️ On cybersecurity and more
09:35 - 09:55
Innovative Finance Stage
09:55
PANEL 💡 Instant Payments - The Baseline for Any Transformation Strategy
09:55 - 10:30
The best way to describe payments: INSTANT. Light speed for any transaction is the key to keeping yourself on the market.
Innovative Finance Stage
10:30
PANEL 💡 Infrastructure - Key Role in Optimizing Business Models and Costs
10:30 - 11:05
Just as cards became digital wallets, POS will soon become obsolete and need to switch to mobile solutions of SoftPOS. This will enlarge the capacity of acquiring activity and ensure market penetration, while the logistical costs and support of physical POS will disappear. Will this enhanced acceptance infrastructure lead to online payments toward rural areas? Are we speaking of a double, or triple number of national transactions?
Innovative Finance Stage
11:25
PANEL 💡 New trends in payments, security and fraud prevention: wearables, QR, biometric, confirmation of the payee and account-to-account technologies
11:25 - 12:05
How digital identity tools can combine with fraud solutions to maintain know-your-customer compliance and combat fraud.
The easier it gets for the end user, the more complicated it becomes from a cybersecurity perspective. How to look at fraud in order to make sure we won't see it in action?
Innovative Finance Stage
12:05
MARKET RESEARCH 📈 The future of banking will be remote, but on what channels? Role of Platforms - Stage moment powered by Banca Transilvania
12:05 - 12:30
The Future of Banking in the online context - the end user perspective
Innovative Finance Stage
13:30
KEYNOTE SPEECH 🎙️ The Fintech Pyramid of needs – Embedded finance fundamentals
13:30 - 14:05
Innovative Finance Stage
14:05
WORKSHOP ⚙️ Transaction Systems - (R)evolution of payment acceptance: How technology is changing the way we pay
14:05 - 15:05
The Impact of (terminal) Infrastructure in optimizing card business, acquiring activity.
A workshop powered by Transaction Systems and TXD IT Solutions
Innovative Finance Stage
15:05
PANEL 💡 Digital Treasury Management powered by Open Banking. A discussion with the largest Romanian merchants.
15:05 - 15:45
There are two main elements that characterize an agile organization from a financial standpoint:
(1) Having all financial assets in one place, centralized and kept in order.
(2) Instant payments, with everything happening instantly.
How do the biggest merchants of Romania see these products, use them and go beyond based on their needs?
How can banks go the extra mile for the biggest players on the market?
Innovative Finance Stage
15:45
PANEL 💡 Cross-border Payments
15:45 - 16:10
Sending money needs to be similar to sending an email: fast and free of charge. Can we get there? How? Can blockchain help? Central Bank Digital Currency and even more, Retail Bank Digital Currency? How can we get there in a democratic way, without compromising confidentiality? How much could the transfers increase if costs would disappear?
Innovative Finance Stage
16:10
MARKET RESEARCH 📈 Assesment of the Mobile Banking Apps / Digital Wallets Market - powered by Lendrise
16:10 - 16:30
Who is really smart and cool. The evaluation will be done by young people, the future customers.
Innovative Finance Stage
16:30
Panel 💡 Mobile payments and Contactless technology.
16:30 - 17:10
New Standards for a better experience and bigger revenues in Open Banking. From QR codes to account-to-account technologies.
The Future of Banking in the online context when everything is one click away.
Contactless technology shifted to mobile, so how did the business models need to develop to enhance revenues? Online commerce, digital identity, digital lending. What other new business propositions can a bank get? How far until we move other belongings into a completely mobile ecosystem (life insurance, house keys)?
