BankIT 2015 Invited to Join a Discussion on the Modern Banking Challenges

Last week, Minsk, the capital of Belarus, hosted the 12^th International Banking Technology Forum BankIT 2015. One of the key topics of this year’s event was the digitization of the financial sector. Representatives of banks, other financial institutions, and technology companies attending the event discussed e-services and their development, mobile and contactless payments, virtual currencies, and security challenges.

The event was organized by the National Bank of Belarus, Scientific and Technological Association Infopark, and Association of Banks of Belarus. According to Vladimir Basko, Director General of Infopark, BankIT is becoming an event dedicated to information technology and the entire digital business. “Together with the National Bank of Belarus, we decided to change the direction of the forum a little bit. We dedicated more attention to digitization processes of the financial sector: new services, changing business models, trends and perspectives”, said V. Basko.

BankIT 2015 brought together more than 1,000 qualified specialists from over 20 countries under a single roof. On the first day of the forum, attendees had the opportunity to listen to experts’ presentations on innovative solutions for banks related to shaping a new business strategy and development under the conditions of the digital economy.

According to representatives of IT company IBA Group that has been a participant of the forum since its beginning, the popularity and longevity of BankIT prove that modern technologies have found their place in the financial market. “With the rapid development of the banking sector, solutions offered by IT companies become more and more sought after. Therefore, Banking Technology Forum BankIT has retained its popularity as well. This is one of the most significant events of its kind in Belarus, which presents many

innovations every year. This year, our company introduced an updated data center and its services. Visitors of the event took great interest in our data processing and staff management solutions”, said Inna Igontova, Image Developer and Head of Marketing Division at IBA Group.

Those who could not attend the forum had the opportunity to watch a direct broadcast on the major Belorussian information portal at www.belta.by. Technical implementation of the broadcast was ensured by Penki TVchannel, a partner of BankIT 2015. In the nearest future, www.scena.lt website will offer an archive of all broadcasts from the event.