Being a long-term investor in Serbia’s financial sector, EBRD of course seeks to promote innovation in banking products and services. Our traditional lending to Serbian banks (through products such as leasing, loans for SMEs and products targeting women in business) have helped more and more people access banking services.
More widespread adoption of digital payments can improve the ease of doing business, lowering costs for small business, and also can help bring financial services to a wider population (so-called financial inclusion). Digital payment systems can help improve the transparency of money flows and thereby provide tools which reduce corruption.
At EBRD we are committed, more generally, to supporting technogological companies to put in place simple, convenient solutions which work for everyone and help integrate people in the economy. Through our projects we try to ensure that the average person benefits from growth and innovation. For example, our loan to the Serbian transmission operator, ETV, helped more households and businesses to access internet and media. We are now exploring with the Government possible policies and products to provide broadband in regions where internet access is limited.
In sum, we are pleased to see the Government and the private sector working together to adopt new technologies and look forward to the Serbia Cashless Forum providing best in field ideas for moving Serbia forward as a technologically leading economy.
October 5th, 2017, Belgrade ‒ Visa announces its first Cashless Forum in South East Europe to be held on October 25th, 2017 in Hotel Metropol Palace Belgrade. The first event of its kind in our market will bring together government representatives, regulators, top industry experts from Serbia and abroad, executives from banks, and an array of industries, especially in the payment and Information and Communication Technology business, finance and media to discuss hot cashless topics concerning Serbian sustainable economic growth and future development.
Organized in partnership with the 17th Serbian Economic Summit, #SerbiaCashless Forum aims to map out Serbia’s rate of progress towards cashless economy, to showcase the importance of financial literacy, identify challenges of digitalization and suggest the ways to turn them into greater opportunities for all parties involved.
During seven panels, presentations and key note speeches more than 20 domestic and international speakers will share their experience, visions and advices on cashless topics, discuss the impact of disruptive technologies on financial services, while all guests at Visa innovation lab will have a chance to learn more about innovative payment technologies.
At the very beginning of the #SerbiaCashless Forum, the Ministry of Education, Science and Technological Development and Visa will officially announce the beginning of financial literacy program “FinPis” and launch the special web site, online game and present the campaign promotional video.
Vladimir Djordjevic, Visa Regional Manager, SEE: “Visa is excited to host its first Cashless Forum in South East Europe here in Serbia, in Belgrade. After the great success of Cashless Summits launched in CIS region, we decided to bring this great concept to life in our region following the best practices from events held in Kiev and Almaty. We teamed up with the 17th Serbian Economic Summit as we share the same idea - our goal is to create an open dialogue on the importance and impact of cashless economy and explore the role of innovations in extending and expanding the reach of the electronic payments on the regional and country level.”
The main theme of this year Serbian Economic Summit that will be held on October 23-24th is „The Road Map to Improve Competitiveness” and main Summit areas will perfectly prepare the agenda for discussion about cashless economy on October 25th.
Symeon G. Tsomokos CEO, TGI Group International said: “Serbia Cashless Forum brings first-hand information and experience from public and private sectors, and investigates how government policies, industry trends and emerging technologies are impacting Serbian financial services ecosystem. It also discovers case studies on cashless and digital financial services, and shows how next generation of banking and mobile products and solutions affect and change our everyday life”.
The #SerbiaCashless Forum focus areas that will be discussed during panels and presentations:
The live streaming of the #SerbiaCashless Forum will be available via official web page www.serbiacashlessforum.rs Please visit the page and register to watch the web cast on October 25th, 2017 from 9 a.m.
Visa is a global payments technology company that connects consumers, businesses, financial institutions and governments in more than 200 countries and territories to fast, secure and reliable electronic payments. We operate one of the world’s most advanced processing networks—VisaNet—that is capable of handling more than 65,000 transaction messages a second, with fraud protection for consumers and guaranteed payment for merchants. Visa is not a bank and does not issue cards, extend credit or set rates and fees for consumers. Visa’s innovations, however, enable its financial institution customers to offer consumers more choices: pay now with debit, ahead of time with prepaid or later with credit products. For more information, visit www.corporate.visa.com, corporate.visa.com,rs.Visa.com facebook.com/VisaSerbia
About the Serbian Economic Summit
Convened annually since 2001, the Serbian Economic Summit has been recognized as an established institution in Belgrade, while local, regional and international business leaders and decision-makers, as well as representatives of the press, consider the event an annual milestone and a primary meeting point between
companies and individuals. The Summit is an annual review of Serbia’s political, economic and business developments, while it provides an analysis of the country’s role within the Region as well as in-depth discussion of the integration process of the Republic in the European Union. Moreover, the Summit assembles more than 60 speakers and 400 participants each year - leading Government officials, policy makers, business leaders, scholars and journalists for high level dialogues on all significant topics related to current political and economic developments of the country.