APB webinar on ‘Transformation from traditional banking to digitalisation’ today

The Association of Professional Bankers (APB), the apex body representing the banking community of Sri Lanka, will today hold yet another webinar on a topic, that is mostly relevant and talked about in banking arena currently – ‘Transformation from traditional banking to digitalisation’.

The webinar will be on the Zoom platform. (Meeting ID - 895 7982 7999. The passcode – 300305). The resource personnel are leaders in facilitating and regulating the digitalisation in Sri Lanka and need no introduction in the banking community. They are, namely, Central Bank of Sri Lanka Director – Payment and Settlement Department D. Kumaratunge and Central Bank of Sri Lanka Payment and Settlement Department Member P. Senaratne, both of whom have hands-on experience in digitisation. 

Digitalisation has embraced each and every aspect of the banking function, and now the technology has spearheaded the way the banks are interacting with customers and non-customers.  

What is digitalization, its trends and cases in digitalisation will be the central theme of the discussion. It will address the audience on cryptocurrency, its evolution and impact to the financial industry in addition to having a Q & A session. 

The introduction of cryptocurrency has to be made with due care on security aspects, technological aspects and overall impact to the banking industry. Thus, it goes hand-in-hand with proper regulation. As an integral part of digitalisation, the webinar will address the regulatory aspects in introducing cryptocurrency to the Sri Lankan banking industry in particular, and to the Sri Lankan financial market in general.