Forbes Cyprus to debate Cyprus’s place in the new era of finance

Business aitechnology Forbes Cyprus to debate Cyprus’s place in the new era of finance Boc 12 1024x709 Relevant News Forbes Cyprus to debate Cyprus’s place in the new era of finance 16 September 2026 Cyprus researchers detect microplastics in children’s urine for the first time 16 September 2026 Doctors linked to “suspicious” wellness clinics face checks, medical body warns 16 September 2026 newsroom 16 September 2026 FacebookXWhatsAppEmailPrintViber Forbes Cyprus, published by the Phileleftheros Media Group, will hold its first conference — the Next Generation Banking & Fintech Summit — on October 13 at the Four Seasons Hotel in Limassol, with President Nikos Christodoulides among the participants. The summit sets out to ask whether Cyprus can move beyond simply adopting financial-sector developments and become a regional hub where such developments are created, tested and developed. It does not aim to offer easy answers but to open the discussion on solid footing. The President’s participation gives it added weight, since it touches not only the financial sector but Cyprus’s wider development prospects. Technology is reshaping the financial system at a pace few could have predicted a few years ago. Artificial intelligence is redefining banking services and the customer experience, digital payments are changing daily life for businesses and consumers, and digital assets are creating a new category of financial services. Cybersecurity and infrastructure resilience are becoming prerequisites for trust, requiring investment to protect both providers and customers. Banks, meanwhile, are investing in digital infrastructure, automation and personalised services, and despite growing competition retain a critical role in financial stability, risk management and trust, while recognising the need to harness innovation safely, transparently and responsibly. Costas Markides, a professor at London Business School, will give the keynote address, examining entrepreneurship, innovation and competitive advantage from an international perspective — themes essential for a small economy seeking a bigger role. The opening panel, “How a Small Island Wins,” will ask what a small country actually needs to compete in a global market: regulation, investment, technology, talent, digital infrastructure and, above all, cooperation between different ecosystems. Central Bank of Cyprus Governor Christodoulos Patsalides will also take part, underlining the discussion’s relevance at a time of deep transition for the financial system. A second panel, “AI and the Reinvention of Mainstream Banking,” will treat artificial intelligence not as a passing trend but as a force capable of reshaping systemic banking, from how banks make decisions to how they serve and understand customers. A third, “New Finance/Stack,” will examine digital assets, payments and the new economy of financial services, and how the traditional lines between banks, fintechs and technology companies are eroding. The summit will close with “Trust and Security in Digital Finance,” addressing how the more financial activity becomes digital, the more critical its protection becomes — with cybersecurity, resilience and trust no longer technical details but part of the core value of a modern financial ecosystem. The summit’s aim is not to argue that Cyprus is already a major international fintech player, but to examine, seriously and ambitiously, what it would take to become one. The event is organised by the Phileleftheros Media Group in partnership with Capital S.A., and presented by Bank of Cyprus. Gold sponsors are Kraken and XM; silver sponsors are European University Cyprus, Nuvei and Athlos Capital; the telecommunications sponsor is Cablenet; sponsors include Invest Cyprus, Samsung and Odyssey; and supporters include Utopia, Great Place to Work, and Skordis – Papapetrou & Co. Subscribe to our Newsletter Latest News Cyprus researchers detect microplastics in children’s urine for the first time Doctors linked to “suspicious” wellness clinics face checks, medical body warns European Parliament votes to accelerate defence investment and procurement Cabinet approves €11.16bn budget for 2027, surplus set to widen Police probe plasmapheresis machines at private Larnaca clinic Will Cyprus back Ireland, Scotland and Wales’s right to self-determination? Savvides and Angelidis should have been the first to demand the investigation Follow en.philenews on Google News and be the first to know all the news about Cyprus and the world.