Next week, we’ll be very excited to participate in the second edition of the Paris Fintech Forum on January 30 and 31 at the Palais Brongniart. It will be a great opportunity to meet with leading financial institutions, digital banks, as well as Fintechs from all over the world.
Between the emergence of ground-breaking technologies such as Blockchain and Machine Learning, and the release of impactful regulations, the financial industry at large is facing major changes. The quest for a seamless and secure user experience respecting the customers’ right to data privacy remains a permanent preoccupation for both incumbent players and new-comers. Today, the banking world is full of challenges to solve and opportunities to grab, among which Open Banking and PSD2, Banking as a Service, Digital Identities, and Blockchain are particularly demanding and critical. With this in mind, it’s clear there’ll be much to discuss, assess and consider at the show. So, here are the top 4 discussion points you should bear in mind while you’re at Paris Fintech Forum:
Enforcement of PSD2 and Open Banking
The enforcement of PSD2 represents a key challenge for banks as they have to find ways to ensure short-term compliance and strong authentication adoption while paving the way for a future-proof fraud prevention platform. Financial institutions and third-party providers need special guidance in order to define new Open Banking experiences and tailored risk management, and authentication platforms.
Banking as a Service
With the rise of Open Banking, more and more new actors want to offer banking and payment services. This is hot topic for us; our own cloud-ready and API-enabled solutions allow Fintechs and banks to deploy their services in a fast, reliable, and scalable way in order to provide end-to-end digital enablement to their customers.
Enhance and securing Digital Identities
The management of digital identities has become one of the most crucial issues of our society and many questions still need to be addressed: how to grant a secure digital identity to all? How to protect digital identities and safeguard customer data privacy? As a digital security expert, Gemalto is proud to offer an extensive portfolio of ID management solutions based on next-gen technologies such as face recognition, Machine Learning, and Blockchain. Of course, we will be glad to present this to you and discuss it in relation your projects at the forum.
We couldn’t finish this list without Blockchain! The potential of this technology seems unlimited, nevertheless the financial industry still needs to figure out how to move from experimentation to commercial implementations. At Gemalto, we have advanced encryption solutions to help you secure your Blockchain infrastructure and we also explore new applications for this technology such as Digital IDs, KYC sharing, and Risk Management.
Come see us at the show!
These points will all be hot topics at the show, so we’re making sure our best experts in PSD2, Open Banking, Digital Identities and Blockchain strategy will be present at the forum to answer any questions you might have, and help you develop business opportunities. You can book a meeting with us now here. We’ll be at Lounge #3 and look forward to meeting with you!
Finally, it’s also worth noting that our CEO, Philippe Vallee, will be on stage on January 31st at 15:45 to participate in a panel regarding the IoT and its impact on the banking world. So, book your tickets and check out this page to schedule a meeting with one of our experts in Lounge #3. We hope to see you there! And if you have any questions beforehand, just tweet to us @Gemalto.