FinTech LIVE: Interview with Olivier Sery, Giesecke+Devrient

December 11, 2024

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Olivier Sery, Global Head of Digital Solutions Sales at Giesecke + Devrient, at FinTech LIVE London Global Summit 2024

FinTech Magazine recaps its exclusive interview with Olivier Sery, Global Head of Digital Solutions Sales at Giesecke + Devrient

On 22 and 23 October, FinTech LIVE London Global Summit made its debut appearance at 155 Bishopsgate for a two-day hybrid conference.

During the event, attendees had the exclusive opportunity to engage in a span of keynote presentations and panel discussions that dissected some of the central points of discussion in the fintech industry, such as AI, insurance, blockchain and crypto.

The event also marked the launch of the inaugural Global FinTech Awards - a respected awards ceremony that commemorates the incredible organisations, individuals and start-ups that are pioneers in our dynamic industry.

Here, we recap our exclusive FinTech LIVE London interview with Olivier Sery, Global Head of Digital Solutions Sales at Giesecke + Devrient.

🎤At FinTech LIVE London Global Summit 2024, Olivier featured on our ‘Future of Digital Banking’ panel alongside Steve Bowers, Fintech Development Manager at CFC, Sarah Kocianski, CEO of FinTech Wales and Svyatoslav Garal, Global Head of Payments at Wirex.

Talk us through some of the key points discussed in your panel, ‘The Future of Digital Banking’.

“It (the panel) was about the future of digital banking - so obviously there is quite a lot to be done still in terms of deploying the latest technology, tokenisation, behaviour and fraud management.

“These are all things that we have today that need to be deployed to make a proper digital banking.

“We also mentioned the need for aggregation. It is a really fragmented market still and if we want to grow critical mass a lot of players need to team up and merge together.”

How much of a challenge is it to work in the fintech industry?

“We are able to see the different trends and evolve in different markets for all customers.

“Regulation is also different in every place that we go - Europe is actually quite nice from that perspective because it’s 1 regulation for multiple countries, but the rest is not like this.

“The stages of each entity and the goal of each are also different so we need to adapt and take one step after another.

“I think fraud is pushing - customers are asking for more faster elements.

“So, the elements are there, we have the brakes, we can build the different solutions for these customers and even bring them on soil in the country when it’s required by regulation.

“They want sovereignty because it’s all about data and the data sovereignty. You have more and more countries that want this to be within the country or within the region, so we have local setups so we can really fulfil their requirements.”

The Future of Digital Banking panel discussion at FinTech LIVE London 2024

What are your aims moving forward in the next 12-18 months at Giesecke + Devrient?

“On a long-term ambition, we want to be the trusted partner of our customers, issuers, acquirers, merchants, orchestrators - all of the ecosystems around payment.

“I think the short term (goal) is solving the enablement of the payment and the friction and the proper level of security that is expected from those solutions.

“We see a lot of potential in the wallet. We are also paving the way to becoming a one-stop shop for multiple things and the customer likes it - they trust them more and more for their shopping. So, you might be paying with Apply Pay and Google Pay in the shop and online but there is more to that - your banks most probably is also going step up into the wallet in the coming months because of this understanding of the ecosystem.

“I think there is a lot happening - it is fascinating to be honest.

“From a G+D perspective, we are 170 years old as a company, we keep investing, we are very faithful to the financial ecosystem and we want to stick to that for the next 170 years.”

Olivier Sery, Global Head of Digital Solutions Sales at Giesecke + Devrient, at FinTech LIVE London Global Summit 2024