3rd International Banking Forum to be devoted to digital banking


October 29, Fineko/abc.az. The 3rd International Banking Forum “Cashless economy: transformation from traditional banking toward digital banking” will be organized in Baku on 15-16 November 2018.

The Azerbaijan Banks Association (ABA) informs that the event will be conducted with the support by Central Bank of Azerbaijan, the Financial Markets Supervision Authority, the Center for Analysis of Economic Reforms & Communication and ABA itself.

"The Forum has the purpose of being the platform for discussing the initiatives and challenges of making the economy cashless, new and upcoming trends in digitalization, financial technologies, new banking products, innovations and risks in modern compliance, judicial compatibility and adaptation of the aforementioned to present legal framework, and impact of these processes on strengthening financial sustainability of banks, also other relevant subjects,” ABA said in a statement.

The 3rd forum will bring together representatives of more than 100 international organizations and well known international companies from USA, EU, Japan, China, CIS and other countries.

Among the event participants and speakers are reps of such giant banks like Citibank, Commerzbank AG, Raiffeisen Bank International AG, Standard Chartered Bank and such world renowned financial and technological companies as Mastercard, Discover Financial Services, DinersClub, American Express, Samsung Pay UnionPay, Ernst & Young, Deloitte, Moody’s Investors Service, PricewaterhouseCoopers LLP, Yandex.Money, SWIFT, Interbank Card Centre (BKM) of Turkey, BPC Banking Technologies, KOBIL Systems and others.

Two day discussion which will cover 25 subjects includes presentations related to the transformation to digital banking and cashless economy, exchange of related ideas and experiences.