A two-day event was held on the topic: ‘The Cashless Economy: Towards Sustainable Banking’ in Baku, Azerbaijan on 6-7 November. Solanteq was the main sponsor of the event.

Non-cash payments are in great demand on the financial market all over the world. As a result, it is vital to build and evolve the digital payment ecosystem to ensure banks and financial institutions remain competitive.

THE CASHLESS ECONOMY: INITIATIVES AND CHALLENGES

Mikhail Alekseev, Head of Digital Transformation, EEU, focused in his speech on the incorporation of fintech innovations into the already existing bank and service provider IT landscape:

    • Types of fintech innovation and their implementation into the IT landscape of financial organisations
    • The major fintech innovation players in the digital transformation of the IT systems of financial organisations
    • “To augment, not replace” –  the Solanteq concept by which innovations are incorporated
    • The SOLAR product range as a digital transformation platform for retailers

THE SPEED AND COST OF DIGITAL TRANSFORMATION FOR FINANCIAL INSTITUTIONS DIRECTLY DEPENDS ON THE TECHNOLOGY AND PARTNERS THEY CHOOSE. SOLANTEQ OFFERS AN IT-FRIENDLY STRANTEGY FOR MODERNISING THE EXISTING IT LANDSCAPE AND CREATE A STYLISH AND PERSONALISED CONSUMER EXPERIENCE