Global Fin-Tech Fest – GFF 2024 Mumbai
The fifth Global Fin-tech Fest (GFF) will take place from August 28-30, 2024, and it’s set to be a major event for leaders in financial technology.
The Global Fin-tech Fest (GFF) is one of the biggest fin-tech events, held every year by the Payments Council of India (PCI), the National Payments Corporation of India (NPCI), and the Fin-tech Convergence Council (FCC).
Over the last four years, GFF has become a leading platform where global policymakers, regulators, central bankers, industry leaders, experts, academics, and senior professionals come together to discuss all aspects of the Fin-tech ecosystem.
The upcoming GFF 2024 is the fifth edition of the event and has been greatly expanded from previous years.
This year’s theme is ‘Blueprint for the next decade of finance: Responsible AI | Inclusive | Resilient.’
“This theme, “Blueprint for the Next Decade of Finance: Responsible AI | Inclusive | Resilient,” highlights our dedication to tackling the biggest challenges and opportunities in finance. GFF 2024 thrilled to welcome over 800 notable speakers, including policymakers, regulators, and Fin-tech founders from around the globe, for more than 300 sessions. These sessions will include informative keynotes, interactive garage sessions, the GFF Expo, and the Global Fin-tech Awards.”
The goal of GFF Fintech is to leverage innovative technology to improve and streamline financial services. By focusing on automation and advanced solutions, GFF Fintech aims to help businesses, entrepreneurs, and individuals manage their financial activities more easily and efficiently.
GFF 2024: A Global Gathering for Change and Innovation
The GFF 2024 conference is all about bringing people together from around the world to work on important global issues. The event will have a carefully planned agenda that focuses on finding new ways to create a fair, strong, and sustainable world. At GFF ’24, attendees will get to see new and exciting technologies that could change how industries work. There will also be master classes led by famous professors, who will share their knowledge and insights, helping everyone learn more.
GFF 2024: Inspiring Voices from Around the World
A big highlight of GFF 2024 is that Hon. Prime Minister Narendra Modi will speak to the audience. Other notable speakers include Ashwini Vaishnaw, the Hon. Minister of Electronics and Information Technology, Railways, and Information & Broadcasting; Shaktikanta Das, the Governor of the Reserve Bank of India; and Madhabi Puri Buch, the Chairperson of SEBI. These leaders, along with experts from all over the world, will share their knowledge and guide the audience. They will discuss global challenges and new opportunities, encouraging everyone to think of creative solutions. This year’s speakers include business leaders, well-known teachers, and innovative thinkers who are eager to share their ideas. By attending their talks and workshops, everyone can learn new ways to help make the world a better place.
AI Transforming Finance: Enhancing Customer Service and Strengthening Fraud Prevention
The Future of Finance in India: Fintech and AI Leading the Way
Technological advancements have rapidly transformed financial services in India. In her opening speech at GFF 2023, Nirmala Sitharaman talked about how technology is crucial in creating effective global strategies and how it will impact the future of financial services.
AI in Action: Improving Customer Service and Fraud Prevention in Finance
Artificial Intelligence (AI) has quietly but powerfully helped change financial services in India. AI can look at a lot of data to find trends, assess risks, and improve customer service. For example, AI chat-bots and virtual assistants are making customer support better by offering quick help and personalized experiences.
AI is also important for spotting and stopping fraud. It looks at transaction patterns to quickly find suspicious activities, which helps protect people and builds trust in the financial system.
Keeping Cross-Border Payments Safe: Challenges and Solutions
Cross-border payments are important for trading, sending money home, and investing. In India, people need to make payments abroad and receive money from family overseas. As these transactions increase, it’s crucial to keep them secure.
There are big challenges to keeping these payments safe. Hackers often target these transactions to steal money or information. Different countries have various rules, and not following them can lead to fines. Also, sharing personal and financial data raises privacy concerns. Banks use encryption and secure technology, like AI and biometrics, to protect payments. Fin-tech companies in India are making these transactions safer with real-time updates and strong identity checks.
As Fin-tech and AI continue to transform the financial landscape in India, events like GFF 2024 provide a crucial platform for collaboration and innovation. By bringing together global leaders and experts, GFF helps shape a more inclusive and secure financial future. The advancements discussed at GFF will drive positive change and create new opportunities for everyone involved.
FAQ –
What are the main areas that FinTech focuses on – FinTech makes it easier and usually cheaper for people and businesses to handle their money. It also uses technologies like AI, big data, and blockchain to help companies make secure transactions within their own networks.
What advantages does FinTech offer – Fintech provides banking services to people in distant areas. Mobile banking and digital payment apps help those who can’t easily get to a physical bank by allowing them to transfer money, pay bills, and save money.
How does FinTech contribute to the financial system- Fin-tech uses technology to make financial services easier and faster to use. This blend of finance and technology is bringing new ideas and making financial services more accessible. It has changed how we bank, send money, make payments, and use other financial services.
Why do people study Fin-tech – Learning about FinTech can give you an advantage in this exciting field. Schools and universities should stay updated with the latest FinTech developments. Financial companies are using new technology to improve how they work.
Venue of GFF 2024 – 28th Aug – 30th Aug 2024 -EXPRESS YOUR INTERST TO JOIN GFF 2024
Jio World Centre, G Block, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra 400098.
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