Finance Malta is sponsoring this year’s Nextgen Payments Forum, which will be focusing on the online payment ecosystem exploring the areas of regulation, security, technology and how to keep your competitive edge at a minimum cost. The event will be held on Tuesday and Wednesday at Le Meridien St Julian’s Hotel & Spa from 9am to 6pm.

The forum will bring together representatives from leading retail banks, industry shakers and regulators with European (online and mobile) merchants in a close setup. During the forum the delegates will be discussing the current industry ecosystem, placing payments at the heart of the conversation to further advance strategic industry collaborations.

Other topics include a focus on Regtech solutions: minimising costs and maximising opportunities with the use of AI in compliance issues, open banking and its uptake, and an interactive session on the challenges and opportunities which Brexit will bring about for the payments industry.

The forum will be chaired by Peter Oakes, founder of Fintech Ireland, and will see the participation of international speakers, including David Gyori, CEO of Banking Reports, Subas Roy, global chairman of International Regtech Association, Paul Alfing, senior consultant retail, Payments Advisory Group & Co-Chair and ERPB Working Group on Payment Initiation Services, Ecommerce Europe, Marius Jurgilas, board member of the Bank of Lithuania, and Pascale Marie Brien, senior policy adviser, payments and digital from the European Banking Federation.

Current Finance Malta members are entitled to 40 per cent off the standard registration fee.

BOV’s home loans more affordable

Bank of Valletta has announced a special offer on its Home First and Home Plus offerings, valid until June 30.

The interest rate for the Home First is now being discounted to three per cent for loans amounting to €350,000. The same offer is being applied to the Home Plus Package. In the latter case, where the value of the loan is greater than €350,000, the applicable interest rate is of 3.15 per cent.

The Home First is targeted at individuals or couples taking up their first mortgage with the bank. For customers seeking a mortgage to purchase their second home, the Home Plus package applies.

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