PLUS Events

15.11.2018 – 16.11.2018  


(no votes)

Azerbaijan Banks Association




Cashless economy: transformation from traditional banking toward digital banking


Baku, November 15-16, 2018


Forum has the purpose of being the platform for discussing the initiatives and challenges of making the economy cashless, new and upcoming trends in digitalization, financial technologies, new banking products, innovations and risks in modern compliance, judicial compatibility and adaptation of the aforementioned to present judicial system, and impact of these processes on strengthening financial sustainability of banks, also other relevant subjects. With the aim to contribute to the comprehensive awareness of the relevant stakeholders, facilitate to the exchange of best practices and to the formation of long and mid-term vision by financial institutions and other companies.


Top and middle management of regulating authorities in the financial and economic sphere, top management of commercial banks, managers of commercial and public organizations, representatives of international financial institutions and embassies of foreign countries in Azerbaijan, as well as invitees from other countries


November 15-16, 2018


Baku, Boulevard Hotel, Tagiyev Ballroom

Dress code:



09:00 – 09:30

Welcoming and registration

09:30 – 10:00

Opening speech

1.      Zakir Nuriyev, President of the Azerbaijan Banks Association

2.      Alim Guliyev, First-deputy Governor of the Central Bank of the Republic of Azerbaijan

3.      Ibrahim Alishov, Chief Executive Director of the Financial Markets Supervisory Authority of the Republic of Azerbaijan

4.     Vusal Gasimli, Executive Director of the Center for Analysis of Economic Reforms and Communication of the Republic of Azerbaijan









November 15, 2018

Panel: Transformation of banking




Subject 1: The Cashless Azerbaijan project opportunities and challenges


Subject 2: Instant Payments System 


Subject 3: Transformation of payment services and payment systems


Subject 4: Banks and non-bank payment serice providers


Coffee break


Subject 5: Omni-channel banking: orchestrate customer interactions across any touchpoint


Subject 6: Development of  aler nativ e service channels


Subject 7: Innovative approach to electronic payments (instant payments, tokenization, single identification centre


Subject 8: Social Media as a way of delivering financial services




Lunch break

Continuation of the Panel  


Subject 1: Digital risk assessment


Subject 2: Modular banking: agility to exceed customer expectations


Sub ject 3: Smart Banking: From product-centric to customer-centric view


Subject 4: Open banking: interconnected and interoperable API ecosystem


Subject 5: How will next-generation technology such as Artificial Intelligence transform the financial services industry?


Subject 6: Robo advice in banking




November 16, 2018

Panel: Automation of AML\KYC processes and control at banks


Welcoming and registration


Subject 1: Identification of customer and beneficiary – screening in blacklists (Screening tool)


Subject 2: Toward manual automation – efficiency via AML/KYC soft (tool)


Subject 3: GDPR: Practical experience and challenges


Coffee break


Subject 4: Financial Monitoring Service – interaction with banks




Lunch break


Panel: Judicial regulation of digital banking and judicial risks


Subject 1: Legislation of Azerbaijan Republic on cashless transactions: application challenges and international experience


Subject 2: Judicial basis of digital (electron) transactions: internatinal experience


Subject 3: Electron signature and electron document as a secure tool of the conducting transactions in banking sector  


Subject 4: Typical fraud and infringements using bank cards: hot to fight with such situations


Subject 5: Electronic court and electronic bailiffs system


Subject 6: Digitalization leads to the elimination of Information asymmetry - only
the main news on the Market!