HUF 50,000 per minute: that’s how much money is being stolen from Hungarian victims online. The digitalization of payment services has revolutionized how businesses operate, but it has also created new types of risks. Today, companies are not only users of digital financial services, but also targets of financial cyberattacks, SMEs and large corporations alike.

The Financial Fraud Summit aims to bring decision-makers, regulators, banking leaders, payment experts, and company executives to the same table.

Never before has the security of corporate banking and business payments been such a central focus of a conference.

The price, opportunity, and responsibility of digitalization

According to data from the National Bank of Hungary (MNB), in Q2 2024 there were 53,000 cases of online fraud totaling HUF 7.9 billion, and customers now bear 92% of the losses. Targeted attacks against corporate accounts are becoming more frequent, including fake invoices, phishing emails, CEO fraud, and phone-based scams.

Payment security in Hungary is now being strengthened by the Central Fraud Filtering System (KVR), which analyzed more than 100 million transactions in four months and identified 4,000 suspicious transactions in real time.

While 48% of Hungarians chose electronic payments in 2020, by the end of 2024 this share rose to 69%. Digital payments are therefore not only convenient, but also a business necessity, and they bring new vulnerabilities. Companies must prepare for the secure handling of instant payments, QR-code and mobile transactions, while also improving competitiveness in a rapidly changing regulatory and technological environment.

The conference mission

The forum’s goal is to connect government, banking, and corporate stakeholders and define joint directions for action toward a safer digital business environment.

Participants will discuss:

• how Hungary’s payment and cybersecurity infrastructure can be further developed,

• what regulatory changes are expected in the wake of the EU’s PSD3/PSR3 framework,

• how businesses can protect their own and their customers’ money from digital fraud,

• the role of KVR, Qvik, and artificial intelligence in all of this.

The aim is not to scare, but to prepare.The future of payments is real-time — and protection must be real-time as well.

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• 7th Digital Health Summit — November 25, 2026

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• 9th Venture Capital Summit — October 29, 2025

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