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Praxis CTO Joins Discussion on Cybersecurity in Payments and Beyond

As a FinTech company headquartered in Cyprus for nearly a decade, we have witnessed the island steadily emerge as a hub for technology-driven businesses. With more and more tech companies establishing roots here, Cyprus is increasingly becoming a regional FinTech center and a hub of expertise in financial services technology. 

This was evidenced by the 16th NextGen Payments & RegTech Forum organized by QUBE Events in Limassol last week. The event brought together high-level representatives across payments and regulatory technology for engaging discussions and panels. It represented another excellent Cyprus FinTech gathering marked by insightful dialogue and participation from a wide selection of industry experts. 

As a payment technology company with a large market presence, Praxis welcomed the opportunity to engage with partners and showcase its expertise and extensive knowledge in this field. The company's Chief Technology Officer, Guy Karsenti, took part in an insightful panel discussion on evolving cybersecurity trends in payments, titled ‘Securing Financial Frontiers: Navigating Evolving Cybersecurity Trends in Payments and Beyond’.

Alongside fellow panelists Nicholas Kattirtzis of Odyssey Cybersecurity and Cyber Security Analyst Georgios Papamichael, and moderated by Andreas C. Livadiotis of XValley, the conversation explored critical topics like the EU’s Digital Operational Resilience Act (DORA), the role of regulation in security, and how technology companies are increasingly bridging the gap between FinTechs and other more traditional banking institutions in light of increasingly stringent regulatory obligations.

Summarizing his views, Karsenti highlighted Praxis’ commitment to developing innovative technologies that help secure the financial ecosystem against sophisticated threats, emphasizing that evolving threats require a collaborative effort across the payments value chain.

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