Strategic BFSI Digital Advancement Summit 2017
8th July 2017, Holiday Inn Mumbai International Airport
The advancement of technology has brought the financial services to the forefront and has become an important tool for an efficient banking system. The Indian BFSI Industry growth rate is approx. 7 percent in total GDP over the last two decades and Indian banks have put in place a fairly strong infrastructure to leverage its benefits.
The ‘Digital India’ campaign has the potential to transform the Indian banking industry. Highlighting the progress of ‘Digital India’, more than 12,000 rural post office branches have been linked into payment banking.
Apart from giving licences to new payment banks, many other policies and regulations are expected to be in place in the upcoming years which can bring a paradigm shift in the Indian banking sector. The Digital India vision aims to transform our country into a digital economy with participation from citizens and businesses.
As Part of our Role towards Society, INBA is organizing “Strategic BFSI Digital Advancement Summit 2017”. The conference would offer rich opportunities for dialogue, debate and knowledge sharing through keynote presentations thus maximizing greater engagement with the industry, while showcasing latest innovations, best practices in design, infrastructure challenges & solutions.
In a somewhat unexpected move, the trading community in India — the drivers of the country’s cash based economy has decided to throw its full weight behind Hon’ble Prime Minister Shri Narendra Modi’s demonetization move, by signaling its intention to turn India into a “Cashless Economy”.
Responding to Hon’ble Prime Minister clarion call for a “Cashless Economy”, the trading community a section of the economy that thrives largely on cash transactions, and often bears the stigma of doing so to avoid paying taxes has come up with a road map to give a push to digital transactions.
Key Topics –
Nationalism vs. Globalism: Limits on the Global Banking Model
New economic challenges might push many nations to adopt protectionist trade approaches. This would affect the banking industry’s ability to enter or exit markets and constrain ownership structures and repatriation of funds
Embracing Disruption & Servicing the customer of tomorrow
– Responding to the digital revolution: What does the bank of the future look like?
– Rejuvenating distribution channels to provide the right mix of human interactions and self service experience
– Keeping branches relevant in a digital world with smart technologies and automation
Millennials, Mobiles & Money: the Forces Reinventing Financial Services.
– How this enigmatic generation of self styled entrepreneurs will transform financial services to fit digitally driven lifestyles.
– How digital technology will fuse financial and lifestyle services blurring the boundaries between industries, products & providers.
– How next generation blockchain, cloud, data analytics, security and digital technologies will enable institutions to create distributed and autonomous transaction, risk management, investment and financing services.
The Global Explosion in Digital Payments: Blockchain, Virtual Currency & eCommerce
– The implications and opportunities for commerce & banks across Australia & beyond.
– What are new standards for faster payments and the role of blockchain technology?
– What are the momentum indicators driving change in the payments marketplace?
Mind the Gap: Data and Humans
– Organisational & human behavioral barriers to adopting insights from analytical insights.
– Characteristics the “Human API” that connects & motivates organisations & customers to positively act on analytical insights.
– The personal leadership required to build a data-driven culture to realize the potential from customer analytics.
Fostering a Culture of Innovation
– Setting the culture right for innovation.
– How can organisations create platforms & channels that promote ideas?
– Distilling the ways of thinking across enterprise through entrepreneurship.
Digital Banking Revolution: Stepping into the Future of Banking
– Rethinking digital banking through customer journey transformation
– What does the future of banking look like in the next five years?
– Addressing regulatory concerns arising from digitization.
Harnessing Data Analytics for Robust Business Performance
– Using machine learning & cognitive technology to optimize data analytics for informed, real time commercial & operational decision making.
– Ensuring the scalability, control & mobility of cloud and data platforms.
– Enhancing connectivity and interoperability – how Personas finds the balance between data accessibility and security priorities
Digitization and Fintech in cultural makeover of Financial institutions
– Branch banking – Boon or bane (Taking into consideration the terror financing and black money, Modis black money op)
– Demonetization & Digitization of the Economy with special perspective of Payment & settlement System 2007 & Companies Act.
– Digital Wallet and its Regulatory compliance and Challenges with special perspective consolidation strategy of Merger and Acquisition under CCI
– FDI guidelines for foreign investment in Paytm, MobiKwik & Freechrage etc under Make in India Initiative.
– Role of Gift Card , Discount coupons, Sodexes coupons, Plastic Money Rupay-Visa Mastercard Viv Digital Money in Modern Retail
– Customer Education and Challenges & Grievance Settlement in Digital India