Financial IT 2023

Although bigtech and fintech challengers are far from wiping out the banking sector, they are constantly challenging financial institutions: Apple already offers a savings account, credit card, and BNPL for its customers, while grassroots fintech challengers are carving out bigger and bigger slices of banking revenues in Hungary as well. The digital battle has become international, and the stakes are high in this tense situation. Senior bank managers and top experts debate where and how to strengthen positions.

Banking IT is no longer just about the efficient and stable execution of operational tasks; as the business is increasingly moving from branches to the digital world, the availability of flexible back-office systems, faster time to market, and the quality of digital UX are becoming key issues. What is innovation about in banks today, and how does it affect business? In which areas is AI operating already in banks, and where else can it have an important role? We will discuss this topic in this session with IT leaders in banks and digital experts.

More and more people pay with a bank card, digital card, or mobile in Hungary, while the building of the ecosystem based on the Instant Payment System is stepping into a new phase; this is what IPS 2.0 is about. Which are the areas where electronic payments have significant growth potential? Having seen the rapid digital transformation of money flow, fraudsters have arrived; with which effective weapons can we protect ourselves from them? We will discuss these in our Payment session.

What is the DORA about, the “new GDPR” of banks? What beyond banking services can appear in banks? How will bank UX be seamless, the time to market short, and where will the cloud have a role in all of this? What can chatbots be used for in the sector? In this session, we will talk about the future of digital banking in practical presentations.

After a day of thought-provoking discussions, guests are invited to stay for a drink and continue networking in a more informal setting.