MWC Barcelona Fintech and Mobile Commerce Summit 2024 Highlights

MWC Barcelona Fintech and Mobile Commerce Summit 2024 Highlights image

 

 

The Fintech and Mobile Commerce summit returned to MWC Barcelona at the Connected Industries stage in February 2024. Join us on We heard from industry experts across the Financial and Mobile Commerce sector, and discussed important topics such as The Fraud Threat Landscape, digital transformation and powering mobile commerce. This was a hugely insightful summit, and you can watch the videos to each summit below

Our Sessions

FinTech and Mobile Commerce Summit: Next-generation payments and the Era of Connected Experiences

Time: 10:00 – 10:30 (CET)

The popularity of next-gen mobile payment methods, such as digital wallets and super apps, is on the rise. To drive growth, businesses should consider offering customers a wider range of payment options that are seamlessly integrated into broader digital and m-commerce experiences. As the market continues to expand, businesses are eager to understand the future of digital payments from various perspectives, including B2C, B2B, consumer-to-consumer (C2C), and machine-to-machine (M2M).

Join Accenture’s Global Payments Lead and experts from telcos, fintechs, and payments partners for a discussion, based on latest trends and our research findings, on how next-gen payments, fuelled by payments data and a modernised core, can enable connected digital experiences between businesses, consumers, devices, machines, and more.

 

 

FinTech and Mobile Commerce Summit: The Fraud Threat Landscape

Time: 11:00 – 12:00 (CET)

Fraudsters are now increasingly focused on deploying social engineering scams as an attack vector, with the FTC reporting consumer losses to scams at nearly $8.8 billion in 2022, a 30% increase. Identity authentication solutions continue to scale across the fintech UX, including KYC at onboarding, leveraging AI to counter fake IDs. There is huge focus on building trust in voice calls. GSMA Open gateway project is unlocking access to network insights on a global scale to fight fraud.

This session will explore the key identity fraud threats and how new solutions and increased collaboration across the mobile fintech eco-system is fighting back.

 

 

FinTech and Mobile Commerce Summit: Powering Digital Transformation

Time: 12:30 – 13:30 (CET)

Cloud, AI, 5G, new platform models leveraging APIs, and regulation, are all powering competition, reducing market entry costs and enabling innovative fintech propositions to launch and scale rapidly. This includes many mobile operators who have been successful at combining new capabilities with existing assets to create disruptive solutions in the financial services vertical, driving substantial new value pools for shareholders. Fintech has enabled the emergence of new, digital only, propositions and allowed incumbents to harness fintech to transform their businesses and drive growth strategies. Insurtech in the mobile eco-system is thriving. Lending powered by MNO data, including for handsets is growing rapidly.

In our focus on transformation we will examine case studies of how new technologies are enabling the creation of powerful, disruptive solutions that are redefining the market.

 

 

FinTech and Mobile Commerce Summit: Driving Mobile Commerce

Time: 14:30 – 15:30 (CET)

Recent years has seen an explosion in mobile wallet-based payment solutions offering real convenience to consumers, with a number developing into super apps. There has been huge disruption in e-commerce and point-of-sale (pos) impacting merchants and consumers alike, with new value propositions delivering seamless experiences and displacing cash. Embedded finance is gaining momentum, remittances continue to grow, and the focus on digital currencies including CBDCs is intensifying.

52% of businesses plan to sell through social networks (social commerce) in 2023(2). New capabilities such as chatbots, live chat, Gen AI, messaging, next best action and embedded finance, are enabling Conversational Commerce to develop at pace and offer a richer UX. And now, more than 200m business users use Whats app Business every month.

We will explore how mobile has become central to commerce growth and whats next.

 

 

FinTech and Mobile Commerce Summit: Unlocking FinTech Innovation

Time: 16:00 – 16:30 (CET)

Across the globe, new propositions are launched on a weekly basis to capitalize on market opportunities, and solutions are now scaled that had barely launched 5 years ago. History is littered with new technology launches that didn’t work, so what is the key to being successful?

This session will explore how a deep understanding of market dynamics has been combined with new technologies to launch and rapidly scale new fintech solutions.

 

 

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