CL@B 2017: How emerging technologies and innovation are disrupting the banking industry

Organized jointly by the Florida International Bankers Association (FIBA) and the Federación Latinoamericana de Bancos (FELABAN), CL@B is the biggest and most prestigious financial technology and innovation conference in regards to Latin America.

The impact of innovative start-ups on the banking and financial institutions is undisputable. Competitive threats are coming from everywhere at a time in which customer behavior is changing fast. If traditional institutions are to survive the digital era, they must embrace innovation and find ways to partner with change agents. This discussion needs to involve all the industry’s major players: big and small financial institutions, thought leaders, entrepreneurs, regulators and government. CL@B 2017 will bring them all together at the Intercontinental Hotel, from Aug 30th to September 1st .

A diverse and dynamic group of about 1,000 senior leaders from multiple countries and fields of expertise will address some of the industry’s most pressing themes and trends including: Cybersecurity, the future of payment, Blockchain, the Fintech effect, regulatory challenges and Big Data analytics.

The conference, coming into its 17th year, presents a platform for networking with the industry’s top professionals and attend expert panel discussions that will help generate ideas to address current and future challenges.

The speakers’ lineup include: keynote Chris Skinner, author and advisor to the White House; Robleh Ali, Research Scientist of the MIT Media Lab’s Digital Currency Initiative; Miguel Caldentey, Financial Services Advisory at Ernst & Young, in addition to senior leaders from Bank of America, World Bank, Facebook, PayPal, Delloite, Microsoft, Wells Fargo, IBM Watson, Citibank, Visa, SAP, IDC, Mastercard, BBVA, Ocean Bank, and several Fintech innovators and entrepreneurs.

“In a time of great anxiety for the industry, incumbent institutions realize that complacency is not an option,” said David Schwartz, President and CEO of FIBA. “Emerging technologies and innovative business models must be part of the solution. But the answer will probably not come from within: collaboration with external entrepreneurs and startups will invigorate existing paradigms, generate faster solutions and improve customer experiences that are so vital for traditional players to thrive. And this is what we will cover during this year’s CL@B,” he added.

The Secretary General of the Federación Latinoamericana de Bancos, FELABAN, Giorgio Trettenero Castro, commented: “In terms of technology and innovation there is much to be said: advances in many fields have been disrupting business models at speeds hard to imagine until recently. On the other hand, we are facing a new generation of businesses that will improve productivity, add new jobs and define new training needs. They will also present new challenges to the marketplace, given that stakeholders today get their information, buy and trade on-line. All this from the comfort of their mobile phones anywhere in the world.”

CL@B 2017 is supported by strategic partners including Ernst & Young, Procolombia, Microsoft, Bisagi, Infocorp, NEC, UDT and more than 100 supporting organizations.

About FIBA

Founded in 1979, the Florida International Bankers Association is a non-profit trade association that provides comprehensive support to the global financial services industry through education, conferences and advocacy. FIBA members include some of the largest financial institutions and influential organizations worldwide. FIBA is recognized by the financial services industry, regulators, and authorities, as a Center for Excellence for its knowledge and expertise. www.fiba.net

About FELABAN

The Federation of Latin American Banks is a non-profit entity founded by banking associations and other agencies from 19 Latin American countries in Mar del Plata, Argentina, in 1965, and it includes over 500 regional banks.

Its goals is to promote and facilitate communication, understanding and relationships between financial entities; to support the coordination of criteria and the unification of general banking and financial practices in Latin America; to cooperate with economic development; to promote well-being; and to procure greater access to financial services for low income populations. www.felaban.com

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