The Nordic Banking Forum 2024 brought together around 400 key players in the banking and finance industry under one roof in Helsinki. The event was centered around the Nordic Banking Landscape 2025 agenda, which provided a forward-looking framework for tackling the challenges and opportunities shaping the future of banking.
The atmosphere was electric, with decision-makers and problem solvers engaging in critical discussions. From geopolitical challenges to technological game-changers, every session left participants with actionable insights and food for thought.
One of the event’s highlights was the keynote delivered by Fredrik Reinfeldt, former Prime Minister of Sweden, who shared his thoughts on the shifting global order, leadership strategies, and the importance of soft power in geopolitics. His perspectives resonated deeply with the audience, setting the stage for the day’s thought-provoking discussions.
The forum buzzed with energy as attendees networked in the Brella Meeting Area, shared experiences during panel discussions, and exchanged ideas at the side events. It was not just about talks but also about meaningful connections and collaborations that will shape the future of banking in the Nordic region and beyond.
Key takeaways
Our closing speaker, Erik Åkesson, summarized the event’s key themes perfectly:
Geopolitics & Security
- Cyberthreats are at high levels, and global fragmentation is a reality.
- Market capitalism is our legacy, but will strategic capitalism take over?
- “Strong men rule” – who will lead with soft power?
- It’s dark now, but there is hope.
Macroeconomic & Capital Market
- 2025 is seen as a GDP growth year, but no boom is ahead.
- Strong USD and rate cuts are to be expected.
- Technology continues to drive globalization – globalization is not dead.
EU & Impact
- Data transparency and quality are essential.
- Instant payments will benefit both consumers and banks.
- The consumer is indifferent to the payment method as long as it’s convenient.
- ESG is here to stay.
Challengers & Gamechangers
- The world is going “mobile-first.”
- In security, there is a trade-off between UX, speed, and security.
- Consumer expectations on transparency and speed drive the need for more open banking.
Business Models & Value Chains
- Crypto is now an established business case for banks – it helps attract new customers and decrease fund outflow.
- Open banking solutions rely on scaling to succeed.
- Collaboration and digitalization are essential for the continued success of financial companies.
Looking Ahead
Nordic Banking Forum 2024 was not just an event but a movement toward shaping a brighter, more resilient financial future. We are grateful for the incredible speakers, insightful discussions, and the enthusiastic participation of everyone who attended.
- Missed the event? The recording will be available soon at the Digital Banking Academy.
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