Outsoft’s at Cyprus Fintech Summit 2024
On December 6th, we at Outsoft were honored to take part in the Cyprus Fintech Summit 2024. It was a fantastic event that brought together some of the top minds in finance and technology. Oleksandr Baturin, our VP of Engineering, was there too. He had some great chats with other fintech pros and shared our know-how in building secure and scalable solutions.
The rise of AI and automation in fintech
One of the main things we talked about at the summit was how AI is changing the financial services industry. From personalized customer experiences to sophisticated fraud detection systems, AI is making operations more efficient and delivering better results for businesses and consumers alike.
The Outsoft team is already helping fintech clients use AI tools to improve their operations. The summit showed once again how important these technologies are for moving the industry forward.
Blockchain’s growing role in secure transactions
Blockchain technology continues to be a game-changer in fintech, offering unparalleled security and transparency. At the summit, we talked about how it’s being used more and more in payment systems, identity verification, and decentralized finance (DeFi) platforms.
We’re thrilled to be using blockchain solutions that focus on scalability, security, and innovation for our clients who are navigating this ever-changing space.
Embedded finance reshaping industries
Another big topic at the summit was the rise of embedded finance. This approach blends financial services into non-financial platforms, making it easier for users. From e-commerce platforms offering instant credit to ride-sharing apps integrating insurance, embedded finance is becoming a key part of fintech innovation.
As a trusted tech partner, Outsoft is ready to help businesses put these solutions into action. We’ll make sure they stay competitive in an increasingly integrated market.
Final thoughts
The Cyprus Fintech Summit 2024 left us inspired and excited about the future of fintech. The conversations, ideas, and collaborations reinforced our commitment to helping our clients stay ahead in this fast-paced industry.
We’d like to thank the organizers of the summit for hosting such a fantastic event and everyone who connected with Oleksandr during the conference.
