What particular improvements will digitalisation mean for the work of financial market – what aspects will it cover? In what areas can AI be implemented? What will these changes mean for customers and what benefits will it bring to financial institutions?
Finax is a first robo-advisory platform in Slovakia. Finax provides fully online investment solution, based on Nobel Prize winning theories. It invests in ETFs, the new hype of investment industry, using modern tax benefits in order to avoid taxation of capital gains. See how a robo-advisory platform is cooked and what ingredients we use to make the best possible experience of investing.
Psychology presents the greatest source of potential advantage over other, less disciplined investors. The investor's biggest problem- and even his worst enemy is likely to be himself. We begin to manage risk by controlling the controllable.
C-Quadrat Wealth Management
How can new technologies help understand intensions of clients, assist in their profiling and, eventually provide the most effective solutions which are truly personalised? What is the added value of AI and digital environment in motivating customers to manage their personal finances in a smart way?
We are therefore facing several challenges - how should traditional institutions react to the new ecosystem? What does it mean to regulate such environment, how can fintechs be integrated in the most feasible way in order to create a complementary and healthy, competitive system? What measures should the regulators adopt so that risks are eliminated and opportunities are maximised?
Department for International Trade
Chargebacks are a forced transaction reversal initiated by the cardholder’s bank. They differ from traditional refunds in one simple way: rather than contact the business for a refund, the consumer goes over the merchant’s head and asks the bank to forcibly remove funds from the business’s bank account. Chargebacks were designed as a form of consumer protection. But state and industry regulations have not kept pace with rapid changes in technology and payment options, and this has allowed chargebacks to become weapons consumers can use against merchants.
Poláček & Partners
The Booster Labs
Czech Fintech Association
Same as the first issued coin Florin from the 13th century encouraged the international trade on the old continent, the new technological paradigm shift such as the Blockchain technology drives us towards a new, cashless society.
Blockchain is known mainly from cryptocurrencies, but more and more often this term is mentioned in connection with the acceleration of business. Its greatest advantage is inherent resistance to modification of the records. Data transparency and resistance to additional edits is ensured and guaranteed by a consensual decentralized peer-to-peer network