04.11.2024
Banking system on the leading edge: How innovation is changing Ukraine's financial sector
November 4, 2024, Kyiv - The fourth annual Digital Banking Conference was successfully held in the UNIT City innovation space. The conference was made possible thanks to the joint efforts of leading market players. The event was organized by the Ukrainian Association of Fintech and Innovative Companies. Visa was the general partner, Fintechly was the analytical partner, and Fintech Insider was the media partner. The event was also organized with the support of the International Finance Corporation (IFC) in partnership with the Swiss State Secretariat for Economic Affairs (SECO) and the Good Governance Foundation of the UK Government in Ukraine (GGF).
This year's conference brought together more than 300 representatives of leading banks, non-banks, payment providers, microfinance organizations, regulators, international institutions and investors to discuss new trends in digitalization, cybersecurity and innovations that shape the future of the banking industry in the face of new challenges.
The main topics of the conference included discussions of modern approaches to cybersecurity in the financial sector, new opportunities for digitalization of services, and ways to increase banks' resilience to cyberattacks. The program included three panel discussions and eight presentations by leading industry experts who shared their experience and vision of the future of the banking sector. Participants also had the opportunity to enjoy Keynote speeches and engage in live discussions with top management of leading Ukrainian banks.
Digital Banking Conference 2024 created a unique platform for sharing experiences, establishing new contacts and discussing pressing issues facing the Ukrainian banking sector. The event emphasized the importance of innovation and cybersecurity for the sustainable development of financial institutions, especially in the context of current challenges.
“The Digital Banking Conference has become a real platform for discussing the key challenges and opportunities faced by the Ukrainian banking sector today. Our goal is not only to facilitate the exchange of ideas and experience, but also to inspire the implementation of innovative solutions that will help the Ukrainian banking sector to confidently adapt to new realities. We are grateful to our partners and participants for their active participation and support - together we are building the financial future of Ukraine,” said Rostyslav Dyuk, Chairman of the Board of UAFIC.
“Ukrainian banks and fintech companies have always been distinguished by their innovation and pioneering spirit. In the face of a full-scale war, our financial sector has demonstrated resilience and steadfastness, continuing to introduce new and convenient services for customers despite the circumstances. At Visa, we admire our partners' relentless progress and are ready to continue supporting the development of the cashless economy, as well as such platforms as the Digital Banking Conference to discuss the hottest financial trends, innovative solutions and the most pressing challenges,” said Svitlana Chirva, Vice President, Country Manager for Ukraine and Moldova at Visa.
“UAFIC is organizing the Digital Banking conference for the fourth time to demonstrate new trends and innovative solutions that help the banking sector adapt to modern challenges, as well as ensure effective data protection and stability of financial transactions. The progress in digital financial services made since the intervention has contributed to increased inclusion, innovative product launches, and overall sector strengthening. IFC will maintain a dialog with market participants and the government to further develop the financial services sector, which will contribute to a faster economic recovery in Ukraine,” IFC representatives noted.
The main topics of the conference included discussions of modern approaches to cybersecurity in the financial sector, new opportunities for digitalization of services, and ways to increase banks' resilience to cyberattacks. The program included three panel discussions and eight presentations by leading industry experts who shared their experience and vision of the future of the banking sector. Participants also had the opportunity to enjoy Keynote speeches and engage in live discussions with top management of leading Ukrainian banks.
Digital Banking Conference 2024 created a unique platform for sharing experiences, establishing new contacts and discussing pressing issues facing the Ukrainian banking sector. The event emphasized the importance of innovation and cybersecurity for the sustainable development of financial institutions, especially in the context of current challenges.
“The Digital Banking Conference has become a real platform for discussing the key challenges and opportunities faced by the Ukrainian banking sector today. Our goal is not only to facilitate the exchange of ideas and experience, but also to inspire the implementation of innovative solutions that will help the Ukrainian banking sector to confidently adapt to new realities. We are grateful to our partners and participants for their active participation and support - together we are building the financial future of Ukraine,” said Rostyslav Dyuk, Chairman of the Board of UAFIC.
“Ukrainian banks and fintech companies have always been distinguished by their innovation and pioneering spirit. In the face of a full-scale war, our financial sector has demonstrated resilience and steadfastness, continuing to introduce new and convenient services for customers despite the circumstances. At Visa, we admire our partners' relentless progress and are ready to continue supporting the development of the cashless economy, as well as such platforms as the Digital Banking Conference to discuss the hottest financial trends, innovative solutions and the most pressing challenges,” said Svitlana Chirva, Vice President, Country Manager for Ukraine and Moldova at Visa.
“UAFIC is organizing the Digital Banking conference for the fourth time to demonstrate new trends and innovative solutions that help the banking sector adapt to modern challenges, as well as ensure effective data protection and stability of financial transactions. The progress in digital financial services made since the intervention has contributed to increased inclusion, innovative product launches, and overall sector strengthening. IFC will maintain a dialog with market participants and the government to further develop the financial services sector, which will contribute to a faster economic recovery in Ukraine,” IFC representatives noted.
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