Finextra’s Post

We're thrilled to release 'The Future of Digital Banking in Europe 2024', a Special Edition Finextra report for Money20/20 Europe 2024. This paper explores the resilience and innovation in European #digitalbanking, covering key insights on #fintech investments, the rise of #hyperpersonalization and #SuperApps, and features expert opinions from Vodeno, EY, J.P. Morgan, Swift, Tink, and TrueLayer. It also delves into upcoming regulatory changes like #PSD3 and #MiCA and the transformative potential of technologies such as #AI, #ML, and #blockchain. Download the report now and join us to explore #trends discussed at Money20/20 EU in Amsterdam 🔗 https://bit.ly/3KrRGFW #Finance #Money #Economy #Money2020 #Money2020EU #Banking #Banks #FinancialServices #FinancialInstitutions #Technology #Innovation #Future #PSD2 #Payments #Regulation #Compliance #electronicbanking #onlinebanking #mobilebanking #digitaltransformation #digitization #VRP #variablerecurringpayments #OpenBanking #OpenFinance #EmbeddedFinance #EmbeddedPayments #digitalpayments #BaaS #BankingasaService #SaaS #KYC #customerexperience #customization #crypto #tokenization #startups

We're thrilled to release 'The Future of Digital Banking in Europe 2024', a Special Edition Finextra report for Money20/20 Europe 2024. This paper explores the resilience and innovation in European #digitalbanking, covering key insights on #fintech investments, the rise of #hyperpersonalization and #SuperApps, and features expert opinions from Vodeno, EY, J.P. Morgan, Swift, Tink, and TrueLayer. It also delves into upcoming regulatory changes like #PSD3 and #MiCA and the transformative potential of technologies such as #AI, #ML, and #blockchain. Download the report now and join us to explore #trends discussed at Money20/20 EU in Amsterdam 🔗 https://bit.ly/3KrRGFW #Finance #Money #Economy #Money2020 #Money2020EU #Banking #Banks #FinancialServices #FinancialInstitutions #Technology #Innovation #Future #PSD2 #Payments #Regulation #Compliance #electronicbanking #onlinebanking #mobilebanking #digitaltransformation #digitization #VRP #variablerecurringpayments #OpenBanking #OpenFinance #EmbeddedFinance #EmbeddedPayments #digitalpayments #BaaS #BankingasaService #SaaS #KYC #customerexperience #customization #crypto #tokenization #startups

We're thrilled to release 'The Future of Digital Banking in Europe 2024', a Special Edition Finextra report for Money20/20 Europe 2024. This paper explores the resilience and innovation in European #digitalbanking, covering key insights on #fintech investments, the rise of #hyperpersonalization and #SuperApps, and features expert opinions from Vodeno, EY, J.P. Morgan, Swift, Tink, and TrueLayer. It also delves into upcoming regulatory changes like #PSD3 and #MiCA and the transformative potential of technologies such as #AI, #ML, and #blockchain. Download the report now and join us to explore #trends discussed at Money20/20 EU in Amsterdam 🔗 https://bit.ly/3KrRGFW #Finance #Money #Economy #Money2020 #Money2020EU #Banking #Banks #FinancialServices #FinancialInstitutions #Technology #Innovation #Future #PSD2 #Payments #Regulation #Compliance #electronicbanking #onlinebanking #mobilebanking #digitaltransformation #digitization #VRP #variablerecurringpayments #OpenBanking #OpenFinance #EmbeddedFinance #EmbeddedPayments #digitalpayments #BaaS #BankingasaService #SaaS #KYC #customerexperience #customization #crypto #tokenization #startups

We're thrilled to release 'The Future of Digital Banking in Europe 2024', a Special Edition Finextra report for Money20/20 Europe 2024. This paper explores the resilience and innovation in European #digitalbanking, covering key insights on #fintech investments, the rise of #hyperpersonalization and #SuperApps, and features expert opinions from Vodeno, EY, J.P. Morgan, Swift, Tink, and TrueLayer. It also delves into upcoming regulatory changes like #PSD3 and #MiCA and the transformative potential of technologies such as #AI, #ML, and #blockchain. Download the report now and join us to explore #trends discussed at Money20/20 EU in Amsterdam 🔗 https://bit.ly/3KrRGFW #Finance #Money #Economy #Money2020 #Money2020EU #Banking #Banks #FinancialServices #FinancialInstitutions #Technology #Innovation #Future #PSD2 #Payments #Regulation #Compliance #electronicbanking #onlinebanking #mobilebanking #digitaltransformation #digitization #VRP #variablerecurringpayments #OpenBanking #OpenFinance #EmbeddedFinance #EmbeddedPayments #digitalpayments #BaaS #BankingasaService #SaaS #KYC #customerexperience #customization #crypto #tokenization #startups

We're thrilled to release 'The Future of Digital Banking in Europe 2024', a Special Edition Finextra report for Money20/20 Europe 2024. This paper explores the resilience and innovation in European #digitalbanking, covering key insights on #fintech investments, the rise of #hyperpersonalization and #SuperApps, and features expert opinions from Vodeno, EY, J.P. Morgan, Swift, Tink, and TrueLayer. It also delves into upcoming regulatory changes like #PSD3 and #MiCA and the transformative potential of technologies such as #AI, #ML, and #blockchain. Download the report now and join us to explore #trends discussed at Money20/20 EU in Amsterdam 🔗 https://bit.ly/3KrRGFW #Finance #Money #Economy #Money2020 #Money2020EU #Banking #Banks #FinancialServices #FinancialInstitutions #Technology #Innovation #Future #PSD2 #Payments #Regulation #Compliance #electronicbanking #onlinebanking #mobilebanking #digitaltransformation #digitization #VRP #variablerecurringpayments #OpenBanking #OpenFinance #EmbeddedFinance #EmbeddedPayments #digitalpayments #BaaS #BankingasaService #SaaS #KYC #customerexperience #customization #crypto #tokenization #startups

Money20/20 in Amsterdam again highlighted trends in fintech and banking. Here is a short, great summary from my ex-colleagues from Boston Consulting Group (BCG). This year's top three topics are - As expected, clear no 1. is AI namely Generative AI. Let's see how much of this wave translates into real products in the next one or two years. Probably less than we expected today. - Open Banking has been here for many years and as it matures we see more and more happening. I believe the full potential is much higher than we see today. - Digital currencies and CDBC are gaining global traction but struggle with low adoption and many challenges need to be overcome in a way to become "a big thing" #money2020 #fintech #banking

We are excited to share that our first session at the Digital money summit 2024 will be looking at the unified ledger: A 'quantum leap' for cross-border payments. 💱How can we achieve a seamless integration of the emergence of overlapping solutions (#RLN, #UDPN, #XC, #Icebreaker, #Partior) into the existing cross-border payment landscape? 🖥️What are the technical challenges that need to be overcome to ensure such a unified system delivers on the promised functions and is scalable and secure? 🪙What are the benefits of bringing different asset claims onto a single programmable platform? Speakers include: 👉George Chou, Chief Fintech Officer at the Hong Kong Monetary Authority (HKMA) Authority 👉Nick Kerigan, Head of Innovation at Swift 👉Tom Mutton, Director of Fintech at the Bank of England 👉Basak Toprak, Executive Director, EMEA Head of Coin Systems at Onyx by J.P. Morgan Moderated by OMFIF CEO, John Orchard. Register to attend here: https://lnkd.in/dZwu5JbU

Global cross-border payments is undergoing a transformation, these changes will redefine how transactions are executed and also provide insights into the future of financial exchanges. Convening a gathering of payments, bank, fintech, fraud, trade and government executives, Fintech Without Borders Forum will explore the emerging opportunities and challenges facing the cross-border payments industry. Grab your pass at 50% off, providing you with an opportunity to stay at the forefront of the borderless fintech market, engage with solution/service providers, learn about trends shaping the future of cross-border payments amongst others. Don’t miss out on this opportunity to engage, meet, learn and network with leading industry players, join us on the 25th of October in London. 🎟 Book your pass now and secure your participation at this important gathering: https://fb.eventhive.ng FF News | Fintech Finance ZEX PR WIRE® Coinpedia - Crypto & Fintech News Media Fintech Review CryptoNewsZ SmartMoneyMatch Electronic Money Association Global Digital Finance The Payments Association Innovate Finance FINTECH Circle Fintech Week London #Payments #Fraud #CrossBorder #Trade #Fintech #FX #Liquidity #UK #Interoperability #Global #DigitalCurrency

🔍 The Evolution of Fintech: A Journey Through Time 🕰️ A historical overview of how Fintech has evolved from the 19th century to the present day. Fintech isn’t just a modern marvel; it’s a narrative that stretches back to the 19th century! 📜 1️⃣ The Telegraph Era (1800s): Did you know that one of the earliest forms of financial technology was the telegraph? The transatlantic cable laid in 1866 revolutionized cross-border communications and finance, enabling swift transactions that were previously unthinkable. 2️⃣ Credit Cards (1950s): Enter the credit card era! The Diners Club card, launched in 1950, was the first of its kind. It began as a simple solution for dining bills, but quickly grew into a global phenomenon that changed how we manage personal finances. 3️⃣ ATM Revolution (1960s-70s): The Automated Teller Machine (ATM) brought banking convenience to the masses. The first ATM was installed in London in 1967, allowing customers to access cash 24/7 and transforming banking forever. 4️⃣ The Internet Boom (1990s): The advent of the internet catapulted Fintech into the digital age. Online banking, stock trading, and digital wallets emerged, making financial services more accessible and efficient. 5️⃣ The Mobile Money Revolution (2000s): Mobile technology has redefined the financial landscape. Services like M-Pesa in Kenya demonstrated the power of mobile money to provide financial inclusion for millions of unbanked individuals. 6️⃣ Cryptocurrency and Blockchain (2010s): Bitcoin’s introduction in 2009 opened the doors to the world of digital currencies and blockchain technology, promising decentralized and secure transactions across the globe. 7️⃣ The Era of AI and Big Data (2020s): Today, artificial intelligence and big data are driving personalized financial services, predictive analytics, and robust fraud prevention mechanisms. Fintech is more dynamic than ever, evolving to meet the needs of a digital-first world. From telegraphs to cryptocurrencies, Fintech’s journey is a testament to innovation and resilience. What’s next in this incredible evolution? Stay tuned as we navigate the future of finance together! Join us: https://lnkd.in/gdtj_pQX #FintechHistory #DigitalTransformation #PayAid #Innovation

𝐌𝐞𝐞𝐭𝐢𝐧𝐠 𝐚 𝐅𝐢𝐧𝐭𝐞𝐜𝐡 𝐕𝐢𝐬𝐢𝐨𝐧𝐚𝐫𝐲: Brett King I had the incredible opportunity to meet Brett King, the visionary author of "Bank 4.0," and discuss the future of banking and financial services. Brett's insights into how technology is reshaping the banking landscape are truly inspiring. 𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬 𝐟𝐫𝐨𝐦 𝐎𝐮𝐫 𝐂𝐨𝐧𝐯𝐞𝐫𝐬𝐚𝐭𝐢𝐨𝐧: 1️⃣ Digital-First Banking: Brett emphasized the importance of digital-first strategies in creating seamless and customer-centric banking experiences. 2️⃣ Innovation and Adaptation: We discussed how traditional banks must innovate and adapt to remain relevant in the face of rapidly evolving technologies like AI and blockchain. 3️⃣ Future Trends: Brett shared his thoughts on emerging trends such as decentralized finance (DeFi) and the integration of financial services into everyday digital interactions. Reflections on "Bank 4.0": Having recently reviewed "Bank 4.0," it was fascinating to dive deeper into its themes with the author himself. The book's message about the need for banks to become ubiquitous yet invisible in our daily lives resonates more than ever in today's digital age. What are your thoughts on the future of banking as outlined in "Bank 4.0"? How do you see traditional banks evolving in the next decade? A special thank you to Brett King for his time and invaluable insights. Follow RAKTIM SINGH for being a top 1% leader in Fintech and innovations and remember to click the 🔔 icon to get notified about my upcoming posts. #Fintech #Banking #DigitalTransformation #Innovation #Bank4.0 #BrettKing #RaktimSingh