Financial and Corporate IT 2020

Regulators, the banking sector and fintechs are working on a number of projects supporting digitalisation in the background. Some are already preparing for the second wave of the outbreak, while others are riding the digital momentum found during the pandemic. We will take a look at Deloitte's large-scale banking digitalisation survey, while the vice president of the Hungarian Banking Association will present the results of the digitalisation proposal package and its next steps at the event. What can we expect from market players with regard to digitalisation? Top executives will be telling us.

This section will focus on banking digitalisation. The big question is whether the momentum of a paradigm shift and the abandoning of old legacy can be perceived in this area. Can we expect significant progress in this regard in the near future, or will we see the slower but steadier development typical of the banking sector? Which new technologies are the most promising? How much have AI technologies and the cloud entered banking, and in what areas can they be useful? What innovation is going on in the sector and at individual banks? How can the regulatory environment support these? Representatives of Hungary's central bank and the banking and IT sectors will share their views and experiences on the topic.

In the corporate sector, swift reaction to changes has also come to the forefront during the pandemic in addition to digitalisation. One of the key tools for that is the appearance of agile methodology at large, heavily regulated businesses. Agile methodology does not solve all problems, but it can improve the efficient operation and reaction capability of companies in important areas, which could have enormous significance during a potential second wave of the outbreak. Leading experts in the field will be speaking on the topic.

The instant payment system has launched, and starting from next year, offering electronic payment opportunity will be mandatory for all retailers who have online registers. The PSD2 regulation has also been live for almost a year, and a market-based terminal installation programme has also been under way in Hungary. Due to all of the above, we can expect lots of innovation and changes in the electronic payment market. Experts from the banking and payment markets will share their thoughts on these trends.

The corporate IT market has been heavily transformed by the coronavirus crisis. The question now is, what technologies and solutions will gain prominence as the outbreak is easing off in Hungary? How will 5G, one of the most important new technologies, be useful for businesses? What trends can the biggest, publicly traded Hungarian IT service providers see in the market?