Adria Fintech Journal

Celebrating Excellence in Fintech Innovation Adria Fintech Journal proudly recognizes NF Innova and their FINTENSE digital banking platform as winners in two prestigious categories at the Adria Fintech Journal Innovation Recognition Program 2024: +Best Customer Experience Solution +Digital Transformation Leadership These awards celebrate @NF Innova's commitment to innovation, customer-centric solutions, and setting new standards in digital banking. The awards were presented to Milan Pištalo, Sales Director of NF Innova, by Dr. Miodrag Dzodzo, Member of the Editorial Board of @Adria Fintech Journal, in recognition of their relentless pursuit of excellence. Congratulations to the entire team at NF Innova for pushing the boundaries of digital banking innovation and leading the way in customer experience and transformation! Read more about their achievements here: https://lnkd.in/d53pE4Ai #Fintense #Innovation #DigitalBanking #CustomerExperience #AdriaFintechJournal #NFinnova

Simplifying Cross-Border Payments for Global SMEs: AGYT For small and medium-sized enterprises (SMEs), navigating the complexities of international payments can be daunting. Enter AGYT, a fintech revolutionizing cross-border payments with transparency, efficiency, and security at its core.  In a detailed article, AGYT’s Co-Founder, Benedikt Hoffmann, explains how their Unified Payments Account is empowering global SMEs by offering:  -A central hub for managing deposits, payments, and currency conversions -Bulk upload features and support for SWIFT and local payment schemes in over 180 countries -Transparent FX fee structures and access to local payment networks in 37 countries, helping businesses save on costs while mitigating currency risks.   -Partnerships with EU-regulated e-money institutions ensure client funds are safeguarded and operations comply with stringent regulations.  As Benedikt highlights, AGYT is more than a payment platform—it's a strategic partner for SMEs looking to simplify international payments, and expand globally. By addressing the unique challenges of cross-border trade, AGYT offers businesses a solution that combines reliability, innovation, and trust.  Learn more about how AGYT can transform your global payments experience: www.agyt.io Article: https://lnkd.in/dji97UJY #Fintech #CrossBorderPayments #GlobalSMEs #Transparency #Innovation  

IBAN-Name Check Regulation Pitfalls Financial scams, like Authorized Push Payment (APP) fraud, cost European individuals and businesses billions every year. With the EU’s push for mandatory IBAN-name checks (Verification of Payee or VoP) by 2025, the fight against fraud is entering a critical phase.  In a recent article, Stefan Weiß, MBA, Director of Banking and Open Finance at adorsys , delves into the challenges and opportunities surrounding this regulatory shift:  Key Points: - The urgency to combat fraud as instant payments become the norm - Cross-border complexities in integrating VoP solutions across the EU’s payment landscape.   - The importance of user-friendly solutions, using advanced algorithms to minimize false mismatches while ensuring security.   - The need for innovative PSP partnerships to address compliance and scalability challenges in a fragmented market.  As Stefan highlights, while the EU’s new regulations demand swift action, they also present an opportunity for financial institutions to innovate. By embracing advanced VoP solutions, banks can enhance trust, improve customer experience, and reduce liability costs.  With expertise from providers like Banfico and adorsys , European banks are well-positioned to not only meet compliance deadlines but also turn these changes into a competitive advantage.  Read the full article to learn more about the future of secure payments in Europe.  https://lnkd.in/dji97UJY #FinancialFraud #IBANCheck #VerificationOfPayee #OpenBanking #Innovation #Payments  #banfico #adorsys

We are excited to bring you the latest insights, interviews, and developments in the world of financial technology. In this edition, we continue to explore transformative innovations and discuss critical trends that are reshaping the financial landscape. Our cover story features the Mission Fintech, commencement of this project marks a step forward in advancing financial inclusion and access to digital financial services. We also sit down with Petar Arsic, Partner at EY, who shares his expert views on the ever-evolving fintech industry and how organizations can adapt to a rapidly changing environment. Highlighting our commitment to recognizing excellence, we present the Adria Fintech Journal Innovation Recognition Program, where we celebrate NF Innova’s achievements in delivering outstanding digital solutions. Additionally, we provide a comprehensive overview of the Data Science Conference to be held in Belgrade. We provide a detailed report from the 2024 INFINTECH conference. Further, this issue includes a preview of the upcoming ISACA Belgrade Chapter Day as well as Udruženje eSigurnost eSecurity 2024 conference report, both crucial events for staying up-to-date on cybersecurity and digital governance. We also announce the highly anticipated Technobank Conference & Exhibition 2025, set to bring together key players in banking technology next year. Lastly, we explore the role of fintech in enhancing financial inclusion. This article examines the latest strategies and innovations aimed at reaching unbanked populations and fostering economic empowerment across the region. We are eager to hear your feedback and appreciate your continued engagement with Adria Fintech Journal. Your support drives our mission to deliver top-quality fintech content to leaders and innovators. Enjoy reading! https://lnkd.in/d6NYUcUy Sincerely, The Editorial Board of Adria Fintech Journal

Converting Banking Back-Office to Digital   Our latest article in Adria Fintech Journal by Marko Stankovic, CIA form EY dives into the dual digitalization path that banks are navigating: front-office versus back-office transformation.   Immediate Gains vs. Long-Term Efficiency: Front-office digitalization brings direct ROI through customer-facing innovations like mobile apps and AI-driven support. In contrast, the back-office demands more time and investment to tackle areas like transaction processing, regulatory compliance, and risk management.   Challenges and Solutions: Legacy tech, regulatory demands (PSD3, DORA), and technical debt continue to slow back-office progress. However, advancements in cloud, AI, and agile development offer powerful tools to streamline these systems and build resilience.   Read more in Adria Fintech Journal to explore practical strategies for banks aiming to keep pace in both customer experience and operational efficiency.   https://lnkd.in/d-b7j7m9   #AdriaFintechJournal #DigitalTransformation #BankingInnovation #Fintech #BackOffice #EY

"Instant Payment ist ein regulatorisches Thema und daher nicht sehr geliebt von den Banken. Aber IP ist auch eine Chance der Banken im Überweisungsbereich wieder näher in Kontakt zu kommen, was mit PayPal und Co verloren ging". Guter Aufschlag von Michael Hülsiggensen von SurePay im Talk mit Stefan Weiss von adorsys und Dr. Stephan Weber von ibi research auf dem Zahlungsverkehrsforum #instantpayment #payment #ZVF24

Just 5 Days to Go! Are You Ready for DSC Europe 2024?  In just five days, Belgrade becomes the center of AI and data science innovation as Data Science Conference Europe 2024 kicks off at the Metropol Palace Hotel.  When: November 18-22, 2024  This is your chance to:   -Gain insights from 600+ top experts in AI & Data.   -Explore 100+ cutting-edge topics, from Generative AI to Cybersecurity.   -Network with C-level executives, innovators, and decision-makers.   -Dive deep into specialized events like CRYPTICA, DIGIHEALTH, and ANDORA.  Whether you're a banking professional exploring AI's potential, a tech enthusiast, or a leader looking to drive innovation, DSC Europe has something for you.  #DSCEurope2024 #AIInnovation #DataScience #NetworkingOpportunities

ESG and Talent Management: Shaping the Future with New Generations In today's business landscape, embracing ESG goes beyond regulatory expectations—it’s a foundational shift led by emerging values. Our latest article in Adria Fintech Journal explores how companies are redefining leadership through sustainability, with Generation Z and Alpha pushing for ethical practices and meaningful work. For these generations, environmental responsibility is a non-negotiable. Companies that prioritize ESG see gains in brand loyalty, talent attraction, and employee engagement, driving long-term growth and resilience. Read more on the crucial role of ESG in aligning business strategies with the evolving values of new generations. Written by Nikola Bozic from the Faculty of Applied Ecology “Futura,” Belgrade. https://lnkd.in/dji97UJY

Spotlight on Sustainable Finance Leadership: Karsten Kührlings’ Journey and Vision   In our latest Adria Fintech Journal interview, Karsten Kührlings, Managing Director at GLS Investment Management GmbH, shares his inspiring journey in sustainable finance and impact investing.   A Career Built on Values: Beginning his career in the financial sector, Kührlings' path took a meaningful turn at GLS, Germany's leading sustainable bank. Since then, he has passionately driven initiatives to make a positive impact, emphasizing sustainable solutions over traditional "risk-return" approaches.   Planetary Health: Under Kührlings' leadership, GLS investment has embraced the "Planetary Health" concept, which promotes investments that respect the earth's limits. Their investment themes span critical sectors—energy, mobility, food, and the circular economy—to support resilience in the face of environmental change.   Future Vision: With a strong belief in innovation and collaboration, Kührlings sees sustainable finance evolving beyond regulation, emphasizing partnerships and new financial mechanisms to advance global goals.   For aspiring leaders in sustainable finance, Kührlings' advice resonates deeply: "Train yourself to see multiple perspectives—leadership in this field requires navigating uncertainty with a holistic approach."   Discover more insights in Adria Fintech Journal about the future of sustainable finance and how leaders like Karsten Kührlings are paving the way for impactful change.   https://lnkd.in/d-b7j7m9   #SustainableFinance #ImpactInvesting #AdriaFintechJournal #Leadership #PlanetaryHealth

Join the DSC Europe 2024 Conference in Belgrade! Are you ready to delve into the latest in AI and Data Science? This November, the Data Science Conference brings together over 3,000 professionals from diverse sectors to explore cutting-edge developments that will drive your business forward. When: November 18-22, 2024   Where: Metropol Palace Hotel, Belgrade  DSC Europe is more than just talks – it's an experience. Connect with industry leaders, gain insights from top AI and Data experts. With over 400 sessions and hands-on tutorials, this is a fantastic opportunity for bank professionals to stay ahead in data-driven innovation. Why attend? - Explore AI in your industry through targeted sessions. - Learn from 150+ expert speakers on topics like Generative AI, NLP, and Data Engineering. - Network with peers and decision-makers at dedicated events for executives. Data-driven future starts here. Secure your spot and be part of the DSC Universe! https://lnkd.in/gS5iacc