Technology category powered by

Haris Pistos: Bank of Cyprus’ app is considered one of the best in Europe

Bank of Cyprus’ 1bank app is considered one of the best in Europe and is part of the bank’s technological transformation journey that saw it employ innovation to improve its customer experience and operational efficiency, said the bank’s Director International Banking, Haris Pistos, addressing a tech summit in Limassol.

He talking at the 2nd Cyprus: The New Global Tech & Innovation Hub Summit that is currently underway in Limassol, where he presented Bank of Cyprus’ (BoC) leading position in the market and its strategic vision.

The local banking sector has proved its resilience, said Pistos, and BoC exceeded its goals in 2023 thanks to favourable interest rates and strategic initiatives.

Looking ahead, he said the bank was committed to sustainable growth. It is focusing on international businesses, facilitating cross-boarder transactions and offering high-level digital services with a customised approach.

To this end, Pistos said the bank’s International Business Units play a key role in covering the needs of international clients, thus helping with the relocation of international companies to the island. 

Organiser: IMH

Strategic Partner: Invest Cyprus

Strategic Telecom Partner: Cyta Business

Innovation Partner: Research & Innovation Foundation

Ecosystem Partner: TechIsland

Gold Sponsors: Bank of Cyprus, KPMG Cyprus

Silver Sponsors: Energame, Pafilia

Supporters: IMR, Island Private School

Official Media Sponsors: Cyprus Business News, Gold magazine, IFC Media, IN Business magazine

Read More

International study places Cyprus among countries most vulnerable to AI disruption
Cyprus and Greece strengthen cooperation in research, innovation, and technology
CMMI and NIMRD sign MoU for cooperation on marine observation and aquaculture
KES Research Centre and the Cyprus Department of Forests planting thousands of trees
The aim is for Cyprus to become regional technology hub, Skourides says
Free webinar on EIMF Organisational Certification for Safe Generative AI Use and Compliance
Robotics and AI forest conservation e-FORESTER project kicks off
Deputy Minister for Research to attend international tech conference in Estonia
Marijana Gligoric: Cyprus has a unique chance to use its location as a fintech meeting point for different cultures and expertise
Hope For Children battling the use of emerging technologies as a tool for abuse