The latest developments in Fintech innovation were debated in a two-day summit held on the 17 and 18 October 2019 in Amsterdam, which event was sponsored by FinanceMalta and featured a panel of FinanceMalta members sharing their views and Malta's strategy in this area.
Entitled "Unleashing Innovation in Fintech", the summit brought together over cross-industry Fintech and Blockchain sector leaders to discuss current and future developments that address the key trends and challenges in each realm with the focus being Fintech, in conjunction with Blockchain as a practical tool for financial optimization.
FinanceMalta played a prominent role in this summit as it hosted the first panel discussion of the two-day event, with the topic being "Putting DLT and Legal on the same page".
The FinanceMalta panel speakers were Dr Ian Gauci, Managing Partner at Caleda, GTG Advocates & Afilexion Alliace; Dr Diane Bugeja, Senior Associate at Camilleri Preziosi Advocates; Nicholas Warren, Head of Regulatory at Francis J. Vassallo & Associates; and Joseph Woods, Co-Founder and Creative Director of Creolabs Ltd, who moderated the panel.
"We are proud to have played an important role in this event in Amsterdam. Throughout the year, FinanceMalta promotes Malta's thought-leadership and experience in various financial services forums, including the areas of Fintech and Blockchain. Through such FinanceMalta-sponsored events, our members can gain exposure, share their views and connect effectively with other players from all around the world," said Ivan Grech, Chief Operations Officer of FinanceMalta. "It was an informative panel session about bringing together DLT and Legal on the same page, whilst focusing on Malta as a jurisdiction for such innovation," he added.
During the whole two days, FinanceMalta had an exhibition stand through which it could interact with the summit's participants and share more information about doing business in Malta.
During this summit, various innovations within FinTech were explored, and ideas to transform the way in which daily business is being conducted were discussed. The challenges that various corporations and institutions are facing in their day-to-day financial transactions, as well as how these can be overcome were debated at length, with the use of various interesting case studies.