DIGI PAY 2024: Instant payments open up new horizons for businesses

Artificial intelligence, speed and convenience, payments at the doorstep of the Eurozone, solutions against new financial fraud and money laundering

Instant payments open up new horizons for the financial and banking sector, for insurance, lending, e-commerce. The most current topics in the world of payments such as open banking, new trends in instant payments, solutions against financial fraud and money laundering are among the key topics of the seventh edition of the DIGI PAY conference. It will be held on October 8 at the Inter Expo Center in Sofia, and the program can now be viewed at: https://digipay.bg/.

New solutions against major financial fraud and money laundering schemes will be the main focus of the conference, with the practical aspect becoming increasingly important. State, business and experts will talk openly about the threats, the risks, but also the ways to deal with them.

We focus on three very professional topics that are important to take a much deeper look at. These are the prospects for instant payments and open banking, which go far beyond the banking sector and finance, and enter services, administration and e-commerce. BORICA and the two largest banks in our country, UBB and Unicredit Bulbank, will present the prospects for immediate payments.

Payment security is another key goal for the conference, and so we will be talking about holistic and end-to-end solutions to tackle financial fraud and crime. In recent months, more and more companies have become victims of attacks and theft of large sums of money, so training in this direction must be very thorough. 

We invite the key experts in the field in Bulgaria, including Goran Angelov, Founder and Executive Director of IBS Bulgaria, Radoslav Dimitrov, Chief Director of "Card Business" at BORIKA. The conversation will include Svetlin Lazarov from GDBOP, Pavel Georgiev from Cyber ​​Security Talks together with the moderator Boris Goncharov from Amatas to discuss the biggest frauds of the last year and what lies ahead in the fight against financial crimes.

Anastasia Zhdanova, head of the automation and robotization team of the Ukrainian company Infopulse and ambassador for artificial intelligence in the company, will give real examples of its application in the financial and banking sector, including in the fight against fraud.

The market will completely change in terms of speed and security after we enter the erosion zone. How payments will change, whether they will be safer, faster and how we will deal with financial fraud schemes will be presented by top experts especially from their successful experience in Croatia, the organizers comment. Business development consultant Ivana Rosancic of Croatia's financial market leader KOIOS will present internal strategies and results in navigating banks in Croatia through this process.

The conference goes into an even more critical topic and that is the deeper knowledge of the psychology of the financial fraud process and money laundering solutions. The conference will feature Kristala Casara, vice president and director of training for the Association of Certified Fraud Examiners. How building a corporate culture is an important criterion for dealing with financial fraud. Leading speakers from the leaders in the consulting business such as Baker Tilly Southeast Europe and other companies with experience in this field will participate on the topic.

Finally, we will give free rein to the heated discussion about the convenience and security of untangling. In it, Marina Shideroff, Founder of the leading company for UX design in the fintech industry, will defend the thesis of convenient and user-friendly payments, and Tsvetomir Doskov, Senior Vice President, Sirma Financial Industry, will defend secure payments. Who will win in the heated argument remains to be seen.

The Association of Certified Fraud Detection Experts (ACFE Bulgaria), the Bulgarian Fintech Association, the Bulgarian E-commerce Association, the Bulgarian Association of Software Companies, and the Bulgarian Entrepreneurial Organization will also be partners of this year's event.

Every year, the B2B conference attracts more and more partners and visitors, as the last sixth edition reached over 300 professionals live and 150 online.

The conference will be opened by Eric Ducoulombier from the Financial Stability, Financial Services and Capital Markets Directorate (FISMA), EK. It will focus on the topic "Instant payments, security of payment services, innovation and post-PSD3, future challenges for open finance"