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News & Press: FIBA News

CLAB 2019 Examines How FinTech is Driving Innovation in the Financial Services industry

Tuesday, July 23, 2019   (0 Comments)
Posted by: Pedro Luis Lantigua
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In its 19th year, the conference will reunite 1,000 banking executives and tech leaders from across the Americas in Hollywood, FL on September 4-6

Miami, July 23, 2019 –FinTech revolution and regulation, digital transformation, blockchain, payment innovation, cybersecurity, the future of customer experience, financial inclusion and AI are some of the themes to be discussed at the 19th CLAB Financial Technology and Innovation Conference.

Organized by the Florida International Bankers Association (FIBA) and the Federación Latinoamericana de Bancos (FELABAN), CLAB will focus on the most relevant trends and technologies impacting the financial institutions in the region.

Competitive threats are coming from every direction. The EY 2019 Global Fintech Adoption Index, which interviewed 27,000 consumers in 27 markets, has found out that adoption of FinTech services has moved steadily upward, from 16% in 2015, to 33% in 2017, to 64% in 2019. In addition, 68% of consumers are willing to consider a financial services product offered by a non-financial services company.

“Financial Institutions are embracing innovation and harnessing new technologies at an unprecedented pace to keep up with escalating customer demands. This conference offers a great opportunity to get valuable insights into what's working across the financial industry,” said David Schwartz, FIBA president and CEO. “CLAB is where the Latam international banking community gathers to get up-to-date with the latest trends and best practices.”

Throughout the 3 days of the conference, participants will hear from a diverse pool of innovators from across the financial services ecosystem with an unparalleled range of viewpoints and perspectives. They will also be able to engage with peers, thought leaders, entrepreneurs, innovators, regulators and government.

“Consumer preference has been changing, and so has the banking industry. Today, there is more alliances and synergies between banks and FinTech, than competition. In addition, this has also generated positive impacts with regards to financial inclusion, payment systems, digital innovation and reduction in business transaction costs. Those are some of the topics we will be discussed at CLAB 2019,” said Giorgio Trettenero Castro, Secretary General of FELABAN.

The speakers’ lineup include: Dan Mendes, Deloitte Risk & Financial Advisory; Luis Vargas, Netflix; Wilmer Sarmiento, Open English; Carlo Enrico, Mastercard; Fernando Moreno, BBVA; David Zimmerman, IBM Financial Services; Irene Arias, IDB Lab; Nikhil Lele, Ernst & Young; Belisario Contreras, OAS, in addition to senior executives from leading global organizations and several FinTech innovators and entrepreneurs.

CLAB 2019 is supported by strategic partners including Ernst & Young, Asi Group, Automation Anywhere, Latinia, Vierge Group, Cloudflare, Infocorp, Prisma Technologies, Grupo Clai, Open Legacy, Tememos, Veritran and more than 85 supporting organizations.

About FIBA

Founded in 1979, the Florida International Bankers Association is a non-profit trade association dedicated to providing international banking and financial services professionals throughout the world with high quality industry education and accreditation, unparalleled networking opportunities through premier industry events and conferences, and effective legislative advocacy at the state and federal levels. www.fiba.net

About FELABAN

The Federation of Latin American Banks is a non-profit entity founded by banking associations and other agencies from 19 Latin American countries in Mar del Plata, Argentina, in 1965, and it includes over 500 regional banks.

Its goals is to promote and facilitate communication, understanding and relationships between financial entities; to support the coordination of criteria and the unification of general banking and financial practices in Latin America; to cooperate with economic development; to promote well-being; and to procure greater access to financial services for low income populations. www.felaban.com

Contact: Ernesto Ortiz
Americas Connection
eortiz@americasconnection.com
(954) 661 4612