Forbes Cyprus Next Gen Banking & Fintech Summit held in Limassol

The inaugural Forbes Cyprus Next Gen Banking & Fintech Summit took place on October 13, 2026, at the Four Seasons Hotel in Limassol. Organized by Phileleftheros Media Group and Capital S.A., the event brought together over 250 industry leaders, policymakers, regulators, and academics from across the globe, including the United States, United Kingdom, Switzerland, and the Middle East, to discuss the future of the financial ecosystem.

President Nikos Christodoulides opened the summit, emphasizing Cyprus's economic resilience and 10% growth over the past three years. He highlighted the country's recent credit rating upgrade to 'A' by Standard & Poor's as evidence of stability, positioning Cyprus as an emerging European hub for fintech investment. Tasos Anastasiou, CEO of Phileleftheros, stressed that regulatory certainty is vital for growth.

Keynote speaker Costas Markides of the London Business School argued that traditional banks have largely succeeded in the first wave of competition against fintech firms, noting that established institutions remain central to the financial sector despite rapid digital disruption. Panel discussions throughout the day focused on the necessity of robust supervision, the impact of artificial intelligence on personalized banking services, and the importance of trust and data security in the ongoing digital transformation.