Diebold Nixdorf is the latest technology partner at the international fintech conference – Banking 4.0, event dedicated to emerging technologies and their impact on the future developing of financial services (November 27 – Novotel – Bucharest): artificial intelligence, blockchain, biometrics, cloud computing, cybersecurity, conversational economy, instant payments and machine learning.
The company’ s representative will talk about “Tokenization, its uses, potential, and security”.
„The presentation should introduce tokenization for the banks in different forms. Acquiring tokenization which can lower the risks associated with identification of cards and customers, Payment tokenization which can be used to create more convenient ways of payments on different smart devices and e-commerce minimizing the risk associated with frauds on a real card. We will show how it can provide a potential in terms of digitalization of payments and virtual cards, and what are security aspects connected with the tokenization compared with traditional cards.”, said Roman Cinkais, Head of Consulting | CEE Area at Diebold Nixdorf.
Diebold Nixdorf is a world leader in enabling connected commerce for millions of consumers each day across the financial and retail industries. Its software-defined solutions bridge the physical and digital worlds of cash and consumer transactions conveniently, securely and efficiently. As an innovation partner for nearly all of the world’s top 100 financial institutions and a majority of the top 25 global retailers, Diebold Nixdorf delivers services and technology that are essential to evolve in an ‘always on’ and changing consumer landscape. The company has a presence in more than 130 countries with approximately 23 000 employees worldwide.
MoU between Europol & Diebold Nixdorf
This week, Diebold Nixdorf and Europol signed a Memorandum of Understanding (MoU). Diebold Nixdorf is committed to exchanging threat intelligence data and best practices with industry partners and law enforcement agencies such as Europol in a secure and trusted way, as a means of better protecting global customers from the rapidly expanding cybercrime industry.
„Sharing knowledge on major cyber threats and attacks and exchanging expertise, best practices, technical information and trends related to organised crime activity related to attacks against self-service ecosystems, are the main activities which will allow both organisations to reinforce their efforts to create a safer cyber space for citizens, businesses and governments.”, according to the press release.
During the signature, Steven Wilson, Head of EC3 said: “The signing of this Memorandum of Understanding will improve our capabilities and increase our effectiveness in preventing, prosecuting and disrupting cybercrime related to self-service ecosystems. As a company with a strong global presence, a working cooperation of this type between Europol and Diebold Nixdorf is the most effective way in which we can hope to secure cyberspace for European citizens and businesses. I am confident that the high level of expertise our industry partners bring with them are going to result in a significant benefit to our Europe-wide investigations.”
Bernd Redecker, Director of Corporate Security and Fraud Management at Diebold Nixdorf, said: “As a global leader in connected commerce, Diebold Nixdorf is committed to ensuring the security of the millions of transactions enabled by our technology each day. The signing of this Memorandum of Understanding with EC3 reinforces our commitment to proactively fight cybercrime, and we look forward to intensive, industry-wide information exchange as well as joint projects that will help protect our customers and prevent incidents related to self-service ecosystems.”
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below: