CREALOGIX Digital Banking Day 2017: Fintech companies offer themselves as partners to banks

'The digital revolution presents banks with an epochal challenge,' says Volker Weimer, CEO of CREALOGIX (Deutschland) AG. 'Fintechs and technology partners can provide significant support to banks in the area of digitalisation and thus secure the business of the future. Whoever opens up to digital innovations, embraces them and places greater focus on changing customer needs, has a good chance of developing to become the primary bank.'

Open API, artificial intelligence and blockchain technology are driving the bank revolution

In various specialist talks, the current top issues in digital banking were explained from different perspectives. Sandra Daub, Group Head of Product Management at CREALOGIX, shared her conviction in the open Application Programming Interface (API). The open API, with the security of CREALOGIX, allows the seamless integration of new financial services, such as those already being offered successfully on weltsparen.de. Harald Murgas from the IBM Watson IoT Center explained how artificial intelligence will change banking. He outlined new strategic possibilities and the potential of cognitive banking. Philipp Sandner reported on the use of blockchain technology. The technology behind Bitcoin will not only revolutionise banks, but also has implications for the entire economy. Marc Letzing, Metamorf Business Consulting GmbH, described the future role of people in the financial industry. They will be relieved of operative tasks and can then devote even more time and resources to consulting.

CREALOGIX blogged live from the Digital Banking Day 2017. All contributions are available under: https://crealogix.com/de/de/digital-banking/blog/digital-banking-day-live-blog/ (only available in German)

Impressions and quotes can also be found on Twitter with the hashtag #digbday or at CREALOGIX' Twitter Account.