2020 heralded a year of rapid change within the payments industry. New trends in technology as well as business and consumer behaviour have driven a paradigm shift, which had been years in the making. The reason for this was the accidental buzzword of COVID-19.
Financial institutions and merchants alike have had to rapidly embrace a new normal by embracing FinTechs like never before, in order to adapt to a new virtual ecosystem. Non-cash transactions have continued to grow accelerated by the pandemic. Regulators in turn have worked hard to install trust in an age of cashless transactions and increased opportunities for fraud. Investment in emerging technologies and partnerships is at an all time high to mitigate fraud and drive the rise of value added services.
PayTech Connect 2021 will address these phenomenal changes bringing together the disruptors and global thought-leaders who are at the vanguard of this innovation. Over the course of the day we will look at the core topics that are changing the face of payments, whether this be fraud, COVID-19 or Open Banking.