DTFI23 Conference: The Challenges and Opportunities of Digital Transformation for Financial Institutions.

Digital transformation has become increasingly important for financial institutions in order to stay competitive and relevant in today’s fast-paced business environment. The Digital Transformation for Financial Institutions Conference (DTFI23 powered by Mastercard and maib), set to take place on March 24 in Chisinau, offers industry leaders and financial professionals an opportunity to learn about the latest technological advancements and strategies for digital transformation.

The conference will be a platform for attendees to network and share ideas about the digital landscape within the financial industry. They will hear from leading experts from Moldova, Romania, Georgia, Lithuania, and other countries who will be discussing topics such as the role of artificial intelligence in financial services, big data analytics in risk management, modernizing legacy systems, cloud computing, digital identity verification in financial transactions, open banking, digital-only banking, and cybersecurity best practices.

Irina Untila, Director of Mastercard office in Moldova, main partner of the conference, emphasizes the importance for financial institutions to embrace digital transformation:

“At Mastercard, we believe that digital transformation brings fundamental shift to the financial industry. And to succeed in this digital era, institutions should embrace innovative technologies and reimagine their customer experiences to create more seamless, secure and personalized solutions for their clients. Industry platforms, like DTFI23 Conference, provide an excellent opportunity for industry leaders to share best practices, and to explore new strategies to drive further growth, and we are proud to support this conversation for the second year in a row.”

Giorgi Shagidze, CEO of maib, main partner of the conference, highlights the importance for incumbent financial institutions to adopt innovation:

“Innovation and digital transformation are key drivers in maib strategy. Digitalisation transforms our business activities and provides great opportunities for value creation. As the market rules are changing and the needs of our customers are evolving, bringing digital innovation and improvements in our business proposition has become a key focus in everything we do. We are happy to partner up with the conference, to share our experience and to learn from the best in this industry.”

Stefan Nistor, Founder and Coordinator for Fintech Moldova, organizer of DTFI23, points out the value of interacting with those who have successfully implemented innovative projects in Finance:

“Digital transformation is not just about automating processes or delivering a better customer experience. It’s about creating new products and services that were previously impossible. The possibilities are endless, and the conference is the perfect place to explore them.”

One of the most important themes to be discussed at the conference is the role of AI in digital transformation for financial institutions. AI has the potential to become a game-changer in the financial industry, allowing organizations to automate processes, improve accuracy, and deliver personalized customer experiences. AI can help financial institutions identify patterns in large datasets, provide more accurate risk assessments, and improve fraud detection.

The conference will be an opportunity to hear from experts in the field and to gain practical insights to help financial organizations succeed in digital transformation. Attendees will also have the opportunity to network with potential customers and partners.

In today’s fast-evolving business landscape, it’s more important than ever for financial institutions to adopt digital transformation strategies. Those who fail to do so risk becoming irrelevant in the marketplace. The DTFI23 conference is a unique opportunity for financial professionals and industry leaders to learn about the latest developments and strategies for digital transformation and to stay ahead of the curve.

DTFI23 is powered by Mastercard and maib, with Gold partner DAAC Digital, Silver partners QOOBISS and Amazon Web Services, Bronze partner Identomat, and hosting partner Tekwill. The event is supported by USAID Moldova Institutional and Structural Reforms Activity (MISRA). 

Don’t miss this chance to join the digital transformation movement in finance at DTFI23. Book a seat now at https://fintech.md/dtfi23/ 

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