Playlist

Digital Finance World 2018

Videos from the Digital Finance World 2018
19 videos in this playlist
Event Recording
Martin Kuppinger - 2018 - The Year of Disruption: Why the Finance Business Will Never Be the Same Again
Mar 09, 2018

The year 2018 brings major changes to the financial industry. Two disruptive regulations (PSD2 and GDPR) come into effect early in the year and will have a far-reaching impact. Their implementation can be a challenge, but through these directives new opportunities will be created. Furthermore, the blockchain technology is becoming increasingly relevant and influential in the financial sector through its practical use. This Keynote will discuss the three game-changers, PSD2, GDPR and Blockchain impacting the industry and will give recommendations for the necessary actions. 

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Event Recording
Urs Zurbuchen - Revised Payment Service Directive: Understanding Its Technical Requirements for a Smooth and Secure Customer Experience
Mar 09, 2018

PSD2 will require 2 major technology thrusts: exposing and securing APIs for banking functions, and presenting strong authentication options for financial customers. Banks have to open up many of their core banking functions to enable the PSD2 ecosystem where Third Party Providers (TPPs) can directly initiate payment transfers and aggregate account information. Urs Zurbuchen will present how important a combined approach of web application security and identity access management is to fulfill the necessary compliance requirements. Especially for strong customer authentication the market is in a constant change for the perfect second factor, fulfilling all security needs but also offering highest usability.

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Event Recording
Mark Stephen Meadows - Why Bots Need License Plates
Mar 09, 2018

The consumer experience is changing radically, and globally. Today, AI-powered bots in the form of chatbots, voice assistants, and avatars, are responsible for the majority of traffic on the web and conversational systems.  And CPA chatbots or accountant avatars are now telling us what to do with our money – what to buy, where to buy it, and where to invest.  How can we trust these bots? After all, they are made by humans, and sadly not all humans have your best interest at heart.

These bots need license plates. Bots and AI need authentication. They need regulation, transparency, and systems we can trust. Luckily Blockchain solves many of the problems that AI presents.  This keynote looks at how this is authentication implemented and the implications for the coming decade from know-your-customer to anti-money laundering to new economic models around the democratization of AI.

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Event Recording
Dr. Khanh Dang Ngo - Improving Smart Contracts with Civil Code
Mar 09, 2018

Presentation at the Digital Finance World 2018 in Frankfurt, Germany

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Event Recording
John Erik Setsaas - A Blockchain Reality Check - Why Blockchain May Not Be the Answer to the Identity Challenges
Mar 09, 2018

Blockchain is everywhere, and blockchain promises to solve any kind of problem, including that of the digital identity. This presentation will take a critical look at the promises, and look at possible scenarios for identities on the blockchain, as well as why this may not be a good idea.
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Event Recording
Balázs Némethi - How Blockchain Will Connect the Material Space to the Foundation of the Digital Space: Identity
Mar 09, 2018

Presentation at the Digital Finance World 2018 in Frankfurt, Germany

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Event Recording
Yana Afanasieva - Licensing, AML and other Regulatory Requirements Applicable to Cryptocurrency Operators
Mar 09, 2018

Yana will address several of the most common misperceptions about cryptocurrency operations, and argue that they are, in fact, already regulated under existing rules,  such as PSD2, AMLD4, investor protection and consumer rights regulation. Yana will also make a case that transactions in cryptocurrencies do not necessarily increase AML risks of the operator, especially, not in comparison to transactions with cash. Several best practices of how to organize the compliance framework for a cryptocurrency-related service provider will be given.

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Event Recording
Dr. Hans-Peter Güllich - Applying Artificial Intelligence for a New Age of Risk and Compliance Management
Mar 09, 2018

Misguided, mismanaged and misunderstood. How to provide easy to understand key information supporting fundamental C-Level decisions in the years ahead? Due to the sheer mass of available data organisations are missing an ongoing and real time monitoring of external and internal data and information allowing them to identify internal weak points (e.g. compliance failures, risk management issues, etc.), provide an early detection of risk relevant web content and comprehensively communicate the actual risk situation to all management levels.

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Event Recording
Daniel Kjellén - Say Goodbye to the Service Formerly Known as Banking – A Case Study on the Changes We Expect to See Across Europe
Mar 09, 2018

 

Everyone has been talking about how PSD2 will unlock retail banking, opening up the market to new entrants and decrease banks’ power on the market. But if you are looking at the future of finance, look no further than Sweden.

Daniel Kjellén, CEO and co-founder of Tink, a Swedish fintech recently identified by UBS as ”the shape of the changes we expect to see across Europe in time”, will share a case study of Sweden’s journey from financial monopolies to a consumer led market which delivers money on autopilot. 

Sweden is leading the way when it comes to pioneering technology to revolutionize how we manage our money. Only 1% of the value of all payments made in Sweden in 2016 used coins or notes, making Sweden essentially cashless. Rapidly increasing, 73 % of all Swedes are using mobile Bank ID, and 66 % use the P2P payments app Swish.

In this context, Tink has been making open banking reality. Since 2013, Tink has reverse engineered banks’ APIs, long before the PSD2 regulation. A positive consumer response has forced banks to accept this.

With 500,000 users, Tink’s success is evidence that customers are cutting the cord to their banks. Now consumers can connect all their cards and bank accounts, pay bills, transfer money, open savings accounts and gain personalised insights - all in one single app. With nearly half a billion euros of mortgage applications signed for transfer within months of launching, just by a click in the app, witnesses that demand and volume is huge.
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Event Recording
Michael Backes - CollectAI: How an Innovative Financial Service Leverages AI from the Start
Mar 09, 2018

Since 2012 Otto Group Digital Solutions, the Otto Group's company builder, has worked to build strategically-relevant business models in the financial industry, combining the assets of the corporate ecosystem with entrepreneurial know-how and cutting-edge technology. This keynote will showcase how we leveraged AI in our latest startup, collectAI, in order to create a value proposition that combines the best of "Man and Machine." In addition, we will look at the potential for continuous improvement moving forward.

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Event Recording
Dr. Karsten Kinast - Preparing for GDPR: Key Aspects and Best Practices for Financial Services
Mar 09, 2018

The EU General Data Protection Regulation (GDPR) will be implemented in May 2018. It replaces the Data Protection Directive 95/46/EC and was designed to harmonize data privacy laws across Europe, to protect and empower all EU citizens data privacy and to reshape the way organizations across the region approach data privacy. To achieve ist ambition the GDPR will introduce several new concepts, rights and duties. Some of these have a significant impact on financial services and may require a change to both the handling and use of personal data.

The Keynote will give an introduction to the key aspects of the GDPR and will highlight recommendations for best practices, especially concerning the financial industry.

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Event Recording
Jason Boud - A Panorama of RegTech Trends and of the RegTech Market
Mar 09, 2018

Presentation at the Digital Finance World 2018 in Frankfurt, Germany

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Event Recording
Guido Scholz - GDPR Is Not Only Law, It Is Also a Trusted Relationships with Customers
Mar 09, 2018

Presentation at the Digital Finance World 2018 in Frankfurt, Germany

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Event Recording
Ivana Bartoletti - Meeting the GDPR Transparency Requirements in Digital Finance
Mar 09, 2018

Presentation at the Digital Finance World 2018 in Frankfurt, Germany

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Event Recording
Parth Desai - Open Banking Challenges & Opportunities: Why AI is the Essential Business Enabler
Mar 09, 2018

Presentation at the Digital Finance World 2018 in Frankfurt, Germany

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Event Recording
Panel - PSD2 and Open API Solutions
Mar 09, 2018

By giving access to customer’s online account (XS2A), PSD2 lays the foundation for new and exciting digital payments system. Many new opportunities arise through the innovative and wide-ranging usage of APIs which can be mutually beneficial for banks, TPPs and customers. In this session we will discuss the novel concepts for post-PSD2 financial ecosystem. 

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Event Recording
Mike Small - PSD2 – Does the RTS Prohibit Secure Customer Authentication?
Mar 09, 2018

On January 13th, 2018 a new set of rules for banking came into force that open up the market by allowing new companies to offer electronic payment services.  On November 27th, 2017 the European Union published and press release and a draft Regulatory Technical Standard (RTS) on strong authentication.

On the one hand the press release says that – “thanks to PSD2 consumers will be better protected when they make electronic payments or transactions because the RTS makes strong customer authentication (SCA) the basis for accessing one's payment account, as well as for making payments online”.  However, the RTS explicitly excludes preventing Payment Service Providers (PSP) from using the customer account credentials or imposing redirection to the Account Service Provider for authentication.

This session will discuss the security implications of this RTS on the use of proven industry standards such as OpenID and SAML as part secure authentication for open banking.

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Event Recording
Panel - PSD2 and the Identity Problem
Mar 09, 2018

Panel discussion at the Digital Finance World 2018 in Frankfurt, Germany

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Event Recording
Matthias Reinwarth - You Are Here! Assessing Your Organisation‘s GDPR Readiness
Mar 09, 2018

Presentation at the Digital Finance World 2018 in Frankfurt, Germany

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