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Visiting Advapay Conference in Moscow

Apart from hosting the FIFA World Cup in 2018, Moscow welcomed world-known FinTech leaders for an international conference held by Advapay. Covering various topics and payment innovations, industry's leading experts, businesses and institutions presented their view of the future.

Conference speakers covered plenty of discussion topics, especially on PSD2 and its influence on international and European business development. Blockchain trends also grabbed serious attention during daily discussions. However, this year's highly anticipated topic was Brexit.

Since SORQ mostly specialises in FCA licensing for payment and electronic money institutions, our team was asked to prepare a corresponding presentation on Brexit.

We were glad to have this opportunity to share our knowledge and learn more about all the latest innovations in the payment industry.

Represented by our CEO Vladimir Remi and backed by more than 10 years of dedicated experience, we shared our insights on various Brexit scenarios and their meaning for UK PSP.

Starting with all the risks and prejudices of Brexit and its political decisions, we discussed multiple issues that might occur in a ‘soft’ and ‘hard’ Brexit.

For centuries, the UK was considered THE financial capital of the world and continues to be perceived as such. Our intensely globalised world, with all associated changes, can no longer be limited – especially in the financial sector, where FinTech companies strive to innovate in the markets alongside ever-increasing demands and compliances in modern economies.

By looking at Norway or Switzerland we predicted which path Britain would probably take towards the EU after 30 March 2019.


Following the participation in the main event, our team held several meetings with potential partners to discuss current and future cooperation.

 

Arthur Shah-Nazarov