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Written by Gaston Vizziano
on August 20, 2019

clab-2014On the 7th. to the 9th. October, we will be attending the 19th.  Finance Technology and Innovation Conference to be held in Hollywood, Florida at the Diplomat Beach Resort.  The event is being organized by FELABAN, the Latin American Federation of Banks,  and FIBA, the Florida International Banking Association.

However, the focus is not just on Latin America since the guests and the speakers come from a total of 35 countries.

We engaged Ron Shevlin, #21 of the ranking Top 100 FinTech Influencers according to Buzzsumo, and Cornerstone Advisors to research and publish a study that provides financial institutions with a "Roadmap for the Personalization in Banking. Focusing on the what, how and why of personalization."

It is known that bank executives believe that personalized offers, messages and advice are critical for building strong customer relationships, but also that delivering on the potential of personalization has been difficult. According to a study from the Digital Banking Report, 94% of banks can’t deliver on the “personalization promise” and with this report we want to generate a tool to help banks to better achieve this industry challenge.

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The themes of the conference are three.

  1. Identifying threats and opportunities in the near-future of banking, and the practical implications and issues associated with these scenarios.
  2. Examining the process of transforming IT from just an enabler to financial service organizations, to becoming the lead protagonist.
  3. Examining the ways to measure success, to benchmark, in digital banking.

Over 1,000 attendees are expected.  In order to cover such wide-ranging themes, a total of 90 speakers are invited from the US, worldwide and Latin American banks. Special entities like the Federal Reserve System, as well as Microsoft and IBM, service companies like PayPal and Airbnb, Ernst & Whinny, VISA etc. are going to show their vision on these topics focused on FIs. 

While the primary interest is focusing on improving efficiency and effectiveness of transaction monitoring systems by applying machine learning and AI, the attendees will have the opportunity to break out and work in smaller groups on specific areas of interest such as financial-crime, compliance, threshold tuning/calibration, deploying alert and risk-scoring models, anti-money-laundering issues, and other regulatory matters.

Let's catch up! See you there!

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