Fintech Week 2021 was a fully virtual 4-day conference, which addressed the most pressing challenges in the fintech sector and looked at what is next for financial services. As Covid-19 continues to cast its shadow of upheaval, the accelerated digitisation of the economy that it triggered has given rise to a plethora of opportunities for the fintech sector, and placed it firmly in the spotlight. The conference focused on the key role fintech will play in the recovery period and post-pandemic. We looked at what the normalisation of relations between Israel, the UAE and Bahrain will bring to the region and wider world, and what we can learn from Emerging Markets. We delved into the issues and opportunities that lie ahead and what the sector must do to build on the momentum, bolster financial services and provide intrinsic value for all.
Fintech Week 2020 looked at how business models and innovation would need to adapt to drive success over the coming decade. There was focus on emerging technology, cyber security, disruption and customer engagement. We looked at how digital transformation is transforming payments, banking and insurance. Open Banking was a key theme, having recently been adopted by Israeli regulators. We were also happy to welcome the UK's regulator, the Financial Conduct Authority, their very first time participating in a conference in Israel, who shared a stage with Israel's regulator the Bank of Israel.