The Financial Technology Summit is a financial event organized by DIGIT Tech Events Scotland. The summit will be held on September 21, 2023, in Edinburgh, Scotland, and will serve as the launch event for the Scotland FinTech Festival. The theme of this summit is "The Role of Financial Innovation in Socioeconomic Recovery," aiming to explore the contribution of FinTech in helping customers cope with the cost of living crisis and national rebuilding.
The background of this summit includes global economic turbulence and the rapid development of financial technology, particularly the impact of the COVID-19 pandemic on the global economy. FinTech is seen as an essential tool for addressing current challenges and shaping the future of the financial industry.
Core topics include landscape, customer strategies, emerging technologies, regulations, and infrastructure. In terms of the landscape, issues such as the cost of living crisis, financial health, and sustainability will be explored. Customer strategies will focus on engagement, inclusivity, user experience, and data insights. Emerging technologies will include advanced analytics, artificial intelligence, machine learning, RPA, blockchain, and mobile technologies. Furthermore, regulatory topics such as GDPR, MiFID II, PSD2, and open banking will also be covered. The infrastructure discussions will concentrate on IT, security, digitalization, cloud, mobility, and XaaS.
The summit's content includes an opening ceremony, closing ceremony, lunch, tea breaks, and networking events. Additionally, some well-known industry experts will be invited as guest speakers. Previous speakers have included Jason Maude, the Chief Technology Advocate at Constellation Bank, responsible for communicating the bank's technical vision and strategy, and building collaborations with other FinTech companies and organizations. Sendi Young is the General Manager of Ripple Europe and leads Ripple's business development and client relationships in Europe, promoting innovation and efficiency in cross-border payments. Andy Willmot serves as the CTO of OneBanx, overseeing the company's technical architecture, development, operations, and security, while driving innovation projects in blockchain and cryptocurrency. Devina Paul is the CFO of Zumo, managing, planning, and analyzing Zumo's finances, with a focus on the company's business model and profitability. Finally, Andy McMahon is the Head of Machine Learning Engineering at NatWest, leading NatWest's machine learning engineering team and engaging in the bank's projects and practices in artificial intelligence, data science, and automation.
The Financial Technology Summit aims to provide attendees with a platform for communication, enabling participants to share insights, exchange experiences, and establish valuable partnerships. Through discussing cutting-edge trends and solutions in FinTech, it seeks to foster innovation and development in the financial industry, promoting economic recovery and sustainable growth.