We call on governments and regulators to create an enabling environment for innovation and technological development. It is necessary to support the development of the FinTech ecosystems of the countries’ digital economy. Support for the creation and development of start-ups, scaleups and FinTech companies based on technological innovation will bring improved services, efficiency and added value not only to the financial sector but in all sectors of the economy and the efficient functioning of the whole society.
We ask for flexible and appropriate regulatory frameworks for the FinTech industry. There is a need for rules that protect consumers and ensure the stability of the financial system, while allowing FinTech to innovate and compete with traditional players. We consider it necessary not only to formally adopt, but also to put into practice European regulatory standards on DLT technologies, but also somewhat earlier rules for crowdfunding and other modern legislation.
We call for active cooperation between the public and private sectors in order to achieve optimal results in digitalisation and FinTech. There is a need to create a space for dialogue and cooperation between FinTech firms, banks, regulators and other relevant stakeholders.
It is essential to invest in education and increase digital literacy for citizens and entrepreneurs. Developing programmes and initiatives that help people understand and use digital tools and FinTech solutions is crucial for their successful engagement in the digital economy. In parallel with the expansion of digital literacy, support the creation and concentration of know-how at universities, support young FinTech innovation talents and ensure technology transfer between countries’ innovation ecosystems.
We support cooperation between FinTech players and organisations at a global level. The exchange of experience, know-how and best practices and practices will bring new opportunities and strengthen Europe’s position in the global FinTech ecosystem. It is therefore necessary to set up financing schemes for FinTech hubs with a combination of state and private support for FinTech accelerators.
We call for the creation of new partnerships between the state and the innovative IT community to build a healthy and transparent public sector in the fields of digitalisation, information and communication technologies and the introduction of financial innovation.
Personal data protection and cybersecurity are essential for trusting the benefits of the digital economy. We call for high standards and data security measures to minimise the risks of misuse and unauthorised access to information.
Digital and FinTech innovation innovators offer their expertise to states to create a unified, fully functional digital identity. This will bring about smooth and secure contact between individuals and organisations with the state and public administration, but it is equally usable and accepted in a range of private relations – financial services, transfers of ownership between private entities, provision of services.
We believe that digital transformation and FinTech have the potential to strengthen financial inclusion and enable access to financial services for all citizens. It is necessary to ensure that digital tools and FinTech solutions are accessible and accessible to all, including those excluded from the traditional financial system. Therefore, FinTech solutions in the field of social services, including social insurance, make a significant contribution to society and inclusion
October 24, Finweek Bratislava 2023
October 24, Finweek Bratislava 2023
September 20, Finweek Bratislava 2022