Money20/20

The recent partnership between Thunes and Papara highlights a crucial trend in the fintech world: collaborative expansion. By integrating Thunes' advanced payment infrastructure, Papara, led by Emre Kenci, is significantly enhancing its ability to facilitate cross-border payments. This move is particularly impactful considering Papara's strong presence in Türkiye, a region with growing international trade and remittance needs. This partnership exemplifies how fintech companies are leveraging each other's strengths to overcome traditional barriers in finance. By collaborating, they can offer more comprehensive and accessible solutions, particularly in areas like cross-border transactions, which have historically been complex and expensive. What this means for the market: > Increased Global Connectivity: Expect to see more partnerships focused on facilitating seamless cross-border payments, making it easier for businesses and individuals to transact internationally. > Focus on Emerging Markets: Fintech collaborations will likely play a key role in improving financial inclusion in emerging markets, where access to efficient and affordable financial services is often limited. > Accelerated Innovation: By combining their expertise and resources, fintech companies can accelerate the development of innovative solutions that address the evolving needs of a globalized economy. #fintech #innovation #collaboration #payments #globalfinance

Identity fraud and deepfakes, oh my! ?? There's been a dramatic rise in cyber threats, and an alarming use of AI-powered bots on social media. But what can be done about it? We break it all down on the latest episode of The MoneyPot, where Ian Horne and Scarlett Sieber chat with Dana Porter of AU10TIX to discuss the latest insights from their Global Identity Fraud Report. ?? Tune in everywhere you get your podcasts! https://lnkd.in/eK94CH38

? Innovators, it's your time to shine. ? Mark your calendars: Call For Content applications open on 9 January 2025. If you think you’ve got what it takes to shape the agenda in Amsterdam next June, we want to hear from you. ?? The industry’s most transformative conversations happen right here at Money20/20 Europe. From game-changing tech like Visa’s tokenisation, to sessions like 385m Reasons Why Mistral AI is Game-Changing for Europe, this is where innovation takes center stage. Now, it’s your turn to shape the future. Sign up for a reminder when applications open: https://lnkd.in/erbAk74E or discover more here: https://lnkd.in/eveY7m6p #Money2020Europe #Content

???There's a new episode of The Bank Tellers out now, and this time, we're taking over NYC! ?? Scarlett Sieber, Money20/20's Chief Strategy & Growth Officer, got to sit down with Clare Cusack, President & CEO of the New York Bankers Association (and the first female leader of the organization in its 130 year history!) They talk about the vital role of advocacy in banking, the challenges posed by regulatory burdens, and how the pandemic fundamentally changed the industry as a whole. Clare also details the future priorities for the NYBA, along with its commitment to creating more inclusivity and community in the banking sector. You don't want to miss this incredible episode! Watch on YouTube: https://lnkd.in/eE7ksXxg Or listen on Spotify: https://lnkd.in/eq6_Qdfg #thebanktellers #newepisode #nycbanks

The recent $67.5 million Series B funding secured by Lean Technologies, led by General Catalyst with participation from Bain Capital Ventures and Stanley Freeman Druckenmiller’s Duquesne Family Office LLC, signals a strong vote of confidence in the Middle East's burgeoning fintech sector. This news, coupled with the strategic partnership between Interswitch Group and Nigeria Inter-Bank Settlement Systems PLC (NIBSS) in Nigeria, underscores a broader trend of VCs actively seeking opportunities in emerging fintech markets and the increasing importance of collaboration within the industry. What This Means for the Market: > Increased Investment: We can expect to see continued investment in fintech companies that are successfully navigating the unique challenges and opportunities in regions like the Middle East and Africa. > Focus on Infrastructure: Partnerships like the one between Interswitch and NIBSS highlight the critical role of robust digital payment infrastructure in driving financial inclusion and facilitating further innovation. > Opportunity for Growth: Fintechs that can effectively leverage Open Banking platforms, like Lean Technologies, and cater to the specific needs of businesses in these regions are well-positioned for rapid growth. Possible Opportunities: > Expansion of Financial Services: This influx of capital and focus on infrastructure will likely lead to an expansion of financial services, particularly in underserved communities. > Increased Competition: As more players enter the market, we can anticipate increased competition and a greater focus on differentiation and customer experience. > Potential for M&A: This could also create opportunities for mergers and acquisitions as companies seek to consolidate their market share and expand their offerings. #fintech #investment #innovation #MiddleEast #Africa #OpenBanking #financialinclusion

We're literally holding space for you on the Money20/20 USA show floor next year! Now is your chance to secure a prime position in Money Hall to meet with industry giants and fintech’s finest.??? You'll be in great company with these amazing brands who have already said they're in! Airwallex, Alloy, Atomic, Boston Consulting Group (BCG), ClearBank, Dandelion Payments, Digital Commerce Group, EBANX, Evolve Bank & Trust, Flutterwave, Kount, an Equifax Company, LexisNexis Risk Solutions, Nium, Mbanq, Republic Bank, SavvyMoney, Thomson Reuters, TransUnion, Twilio, U.S. Bank View the floorplan here ?? https://lnkd.in/eQWq78jw Connect with the team to talk 2025 business goals ?? https://lnkd.in/eJJiKnw6

Small businesses are the lifeblood of the US economy, and while many are resilient, even more of them fail within the first five years. In our latest episode of The MoneyPot, Juliana Berger Director of Product Management at Intuit QuickBooks, talks about the importance of small businesses having access to the right tools and data for them to make decisions and bring in a healthy cash flow. ?? Tune in now! https://lnkd.in/gd3XA_Xa

Nubank's milestone of surpassing 100 million customers in Brazil underscores the incredible growth of fintech in emerging markets. This achievement, by a company founded just over a decade ago, demonstrates the immense potential for disruption in the financial services industry. Nubank's success, driven by its customer-centric approach and innovative technology, has not only captured the attention of millions of customers but also of major investors. This is evidenced by recent funding rounds secured by other fintech companies like Moniepoint Group in Nigeria, who are similarly focused on providing accessible financial solutions to underserved populations. Key Takeaways: > Fintechs are gaining significant traction: The preference for fintech solutions over traditional banks, as highlighted by Revolut's survey, signals a shift in the financial landscape. > Opportunities abound for investors: The success stories of Nubank and Moniepoint demonstrate the attractive investment opportunities in the fintech sector, particularly in emerging markets. > Focus on customer experience and innovation is key: Fintech companies that prioritize customer needs and leverage technology to offer seamless and efficient solutions are poised for success. > Financial inclusion is a driving force: Fintechs are playing a crucial role in bridging the financial gap and empowering individuals and businesses that were previously underserved by traditional banking systems. #fintech #Brazil #Nigeria #emergingmarkets #financialinclusion #innovation #investment

Financial services regulations can be complex, tricky to navigate, and sometimes vague, leaving companies even more challenges to solve for. Allen Rohner's advice for fellow leaders? Simplify as many processes as you can. Hear more relatable opinions and sage advice on the newest episode of The Bank Tellers, with Griffin's Founder and CTO. YouTube: https://lnkd.in/edPS88kv Spotify: https://lnkd.in/gjhP27SM #thebanktellers #money2020 #fintech

Bottom line? Never get too comfortable, and always be willing to adapt! Wise words from Griffin's Founder and Chief Technology Officer, Allen Rohner. Listen to his episode of The Bank Tellers where you get your podcasts. https://lnkd.in/gS2UwbmC #money2020 #thebanktellers #fintech