Industry City 5G Lead Partner
Fintech has enabled the emergence of new, digital-only, propositions allowing businesses to rapidly develop and adopt innovative solutions to meet customer needs. Whole new categories such as insurtech and embedded payments, including frictionless checkouts, are delivering seamless experiences and displacing cash. Regulation and 24x7 fraud attacks drive continual strengthening of KYC and fraud detection processes, leveraging machine learning. Solutions powered by blockchain technologies continue to advance. The digital transformation of financial services continues at a rapid pace, and we will explore how leaders are driving innovation whilst also mitigating threats.
FinTech Summit
Date: Thursday 28 September
Location: Industry City Stage, WEST HALL
FinTech Summit: The Fraud Threat Landscape
Time: 10:00 am - 11:00 am
The fast-paced changes within the fintech sector keep evolving and are driving the need for strengthened authentication solutions as the fraud threat landscape widens.
From fraudsters increasingly deploying new social engineering scams as an attack vector, the FTC is reporting consumer losses to scams is nearly $8.8 billion in 2022, an increase of 30%.
As sophisticated solutions are developed such as biometric authentication including the use of selfies for identification, accuracy of advanced AI helping to improve KYC at onboarding stages and Zero Trust Network Access building trust in voice calls, we will hear from industry experts discuss the current fraud threat landscape, the innovative solutions that are tackling key threats and increased collaboration between key stakeholders across the eco-system preventing digital credential theft.
FinTech Summit: The New Age of Digital Transformation
Time: 11:30 am - 12:30 pm
The flight to digital channels is creating a real urgency to review legacy networks to create more agility to unlock value from new technologies such as AI. Fintech has enabled the emergence of new, digital only, propositions, pressing incumbents to transform their businesses and reduce costs.
The constant innovation to build and sustain competitive advantage is required which has to be built on strengthened security with whole new categories such as insurtech that are developed on embedded insurance solutions, embedded payments which is also forecast to grow to 5.3% ($438 billion) of global e-commerce value by 2025, including frictionless checkouts and the growth of remittances.
In this session, we will be joined by industry experts to deep-dive into this new age of the fintech digital transformation, the innovative value propositions that are delivering seamless experiences and displacing cash and the new trends are driving forward the evolution of the financial services sector.
FinTech Summit: Unlocking the Power of Fintech Innovation
Time: 1:30 pm - 2:30 pm
The power of fintech innovation is unlocking new opportunities such as Cloud and AI platform models driven by API’s and regulations fuelling competition by reducing market entry costs and enabling innovative fintech propositions to launch and scale rapidly. As Blockchain technology enables the rapid development of new fintech solutions, interest in wholesale solutions also gathers pace as pilots are launched.
With exciting times ahead, more than 100 central banks exploring CBDCs (IMF), Web 3.0 and the exploration of NFTs, such as Starbucks Odyssey and gaming drive forward, ESG and climate sustainability are key areas of focus - there is real momentum within the innovation space for the fintech ecosystem and consumers.
This session will explore how mobile is at the heart of this innovation surge and how leaders are driving innovation, creating new solutions and quickly capturing value from the market opportunities they see.
Industry City Sponsorship
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