In November 2019, we participated at the conference F2I – FinTech InsureTech. This year the conference was organised as a two days event since the topic of technology in insurance industry has become more significant. The first day of the conference was more focused on FinTech solutions, while the second day involved more InsureTech topics.
The first day started with topics of emerging technologies and privacy, followed by the panel on which we participated. The panel discussed free services and „payment“ of such services with personal data of users.
Croatian National Bank announced their Innovation Hub, which will be the second hub of this kind in Croatia, since Croatian Financial Services Supervisory Agency has already started with its Innovation hub. With constant evolution of technological solutions in the financial industry, manners of raising capital, market structure and approach to consumers, the Innovation hub plays a role in active collaboration of supervisory authorities with the existing entities, technological services providers, start-ups, and other stake-holders in business ventures that use or want to use innovative solutions.
We concluded the first day of the conference with the lecture on AI in credit scoring. We explained possible compliant models of AI technologies, necessity of performance of data protection impact assessment, importance of transparency towards clients and significance of ethical guidelines.
On the second day of the conference we had two lectures with topics on blockchain applications and relation between PSD2 and the GDPR on which we explained the role of regulation when it comes to innovation in the field of ICT technologies.
Read more about Fintech and GDPR in one of our blogs!