Ben Goldin’s Post

Future-Ready FinTech: Emerging Trends Shaping the #FinancialLandscape of the Next Decade The financial industry is evolving at an unprecedented pace, with emerging technologies and #consumerdemands driving transformative change. But what will the next decade of #FinTechinnovation look like? At SYNC 2024, we’ll explore: · Key trends poised to shape the future of FinTech. · The intersection of technology, regulation, and customer experience. · Strategies for staying ahead in a rapidly changing financial landscape. Join our visionary panel as they delve into the opportunities, challenges, and innovations that will define the future of finance: · Nikhil Sahni, Sr. Leader in Banking & Payments, Ex Mastercard/Yes Bank (Moderator) · Ashok Mittal, Managing Director & CEO BillMart FinTech · Varundeep Kaur, Sr. Leader, FinTech & Lending · Vikash Khandelwal, Chief Executive Officer, Eqaro Guarantees 👉🏼Registration Link: bit.ly/3Zwds4f 📅 When: 19 - 20 December 2024 📍 Where: SYNC Event, The Park, New Delhi Be part of the conversation shaping the financial future. This session will set the stage for the next wave of FinTech advancements! #SYNCevent #FutureofFinTech #FinancialInnovation #EmergingTrends #Leadership

In our latest interview Robin Scher, head of fintech investment at Lloyds Banking Group and Tom Stoddart, head of market sales at Lloyds Banking Group, were joined by Carl Hasty, CEO and co-founder of CoBa to discuss their partnership as well as how they are collaborating to enable clients to digitally manage their banking needs through automation and workflow connections. We met with Lloyds Bank and CoBa at PAY360 to gain insights into: ✅Lloyds Banking Group’s fintech transformation strategy. ✅Why Lloyds decided to work with fintechs and how the journey has evolved so far. ✅Lloyds Bank’s collaboration with CoBa. ✅How Lloyds Bank’s collaboration with CoBa differs from traditional bank supplier models. ✅How this collaboration will evolve over time, particularly in driving innovation and in improving customer experiences. Learn further with our article https://hubs.li/Q02tLm830. #fintech #banks #connectedbanking #digitalbanking #partnership #digitalisation

Are you attending Fintech Meetup? Our CEO, Ivan Maryasin, will be sharing insights on the panel discussion titled "Unlocking New Revenue Streams in B2B Payments." Alongside Taira Hall from Citizens Financial Group, Inc., Abid Mumtaz from Wise, Fabian Khoshbakht from BNY Mellon, we'll dive into the relatively untapped B2B payments, moderated by Ali Paterson from FF News | Fintech Finance. This session will provide insightful perspectives on the future of this thriving market, sharing predictions and innovative ideas aimed at revolutionizing business transactions, opening up new avenues for growth in a dynamic landscape. Don't miss this opportunity to explore the frontier of B2B payments with us. If you're at the event, come and connect for groundbreaking insights and discussions. #FintechMeetup #B2BPayments #Innovation #Monite #Networking

NPST recently attended the Technoviti Conference – The Digital Continuum. At the Future of Payments panel, Deepak Chand Thakur, Co-Founder and CEO of NPST, addressed the complexities inherent in the payments system and advocated for embedded payments and greater bank collaboration. Frontend simplicity, backend complexity: Customers enjoy unified payment services, but behind the scenes, different systems handle transaction processing, fraud management, dispute resolution, and reconciliation. This fragmentation results in redundancies, inefficiencies, and higher operational costs. Integration imperative: There is a clear need to have an integrated approach. Consolidating them can simplify the payment process for merchants, leading to substantial cost savings and enhanced operational efficiency on a larger scale. Embedded payments: It is crucial to integrate payments seamlessly into the customer’s journey rather than treating them as standalone entities. This integration improves overall customer satisfaction and engagement by aligning payment processes with user expectations. Collaborative innovation: While banks own payment systems, Fintech companies drive significant innovation in payment technologies due to their agility. Collaboration between banks and Fintechs can accelerate innovation, shaping the future of the payments ecosystem. Deepak Chand Thakur | Ashish Aggarwal | Savita Vashist | Rajiv Beri | inder naugai | Prashant Rao | Karanam Pavankumar | Bhavesh Nachnani | Kaushik Das | Wilhelm S | Babu Nair | Manoj Agrawal |Banking Frontiers #NPST #TechnovitiWinner #BankingFrontiers #FintechAwards #PaymentsInnovation #EvoKPaaS #SimplifiedPayments #FintechSolutions

Last week at FinTech South in Atlanta, I met remarkable FinTech leaders, such as Sam Maule, Amy Barbieri, and Beverly Anderson, who are driving innovation with world-changing products and companies. One of the most compelling concepts I learned about was B2B real-time payments (RTP), which enable instant transactions, improving cash flow and operational efficiency. Businesses can settle payments with vendors and partners instantly, strengthening relationships, enhancing supply chain management, and reducing costs by eliminating intermediaries like checks and ACH. While RTP offers transparency and real-time tracking, reducing disputes and improving financial control, it also poses risks, particularly in fraud prevention and technology dependence. Instant payments leave little time to detect fraud, and reliance on robust systems means outages or cyberattacks could disrupt operations. Strong safeguards are crucial to mitigating these risks. In summary, FinTech South was an outstanding conference, offering invaluable insights and opportunities to connect with visionary leaders in the industry. Additionally, B2B real-time payments provide transformative benefits for businesses, improving efficiency, transparency, and cost savings. However, these advantages come with risks that require careful attention to security and infrastructure. Image Source: https://lnkd.in/ek8Ukeci #FinTech #FinTechSouth #Payments

💭 How will digital verification drive the next wave of fintech innovation?   Yesterday, we gathered some of the UK’s brightest minds to explore the technology, frameworks, and recommendations needed for meaningful change in the fintech industry.   Our first sprint brought together over 50 senior leaders from organisations like Dun & Bradstreet, EY, Experian, LexisNexis, Lloyds Banking Group, Mastercard, Nationwide Building Society, Monzo Bank, Revolut, and Quantexa. This marked the start of crucial conversations around enhanced verification to combat economic crime. By the end of summer, we aim to define use cases and proof of concepts, aligning with the Digital Information and Smart Data Bill unveiled in the King’s Speech last week.   With the launch of our second coalition, our goal is to showcase how data-sharing technology can lead to better financial outcomes, efficient onboarding, safe payments, and greater confidence for consumers and businesses alike. Stay tuned as we introduce key individuals from our second coalition and their expertise.   https://lnkd.in/ei4depeY #EconomicCrime #DigitalVerification #UKFintech

Fantastic Q2 results for PB (Policy Bazaar) Fintech Ltd Revenue increased by 44% YOY to 1167 Cr  PAT increased by 350% YoY to 51 Cr EPS increased by 357% YoY to 1.11 Made profit in this Q2 compared to last year, which resulted in a huge% increase in PAT & EPS.

🌟 I recently had the privilege of participating in an insightful panel on "Merchant Acquiring, Needs of ISVs & Platforms" at the UBS Banking Fintech Private Company Conference in Napa. Alongside industry experts from Fortis Greg Cohen and Glenbrook Partners we delved deep into the evolving landscape of merchant acquiring associated with ISVs and platforms. 🔍 One key takeaway from our discussion, prompted by moderator Timothy E. Chiodo, CFA was that **Payments is a Roadmap Decision**. Our most successful partners view NMI not just as a service provider, but as a strategic advisor, helping them navigate various phases of their growth with adaptable tech solutions. 💡 **Present and Future Economics** also play a crucial role in crafting a business case that allows for flexibility and future scaling without becoming ensnared in technical debt. 🤝 **Cultural Fit** is vital; we often find alignment and long-term success with partners who prioritize strategic value over short-term solutions, which may lead to future challenges. 🚀 The conversation also touched on the transformation from legacy to modern merchant acquiring, the importance of merchant portfolio portability, and the rise of embedded finance, highlighting products that are garnering significant interest. 📈 The dynamic exchange covered the competitive landscape, recent demand trends, and new opportunities opened by innovations like Stripe's latest orchestration tools and tailored connect options. Thank you to UBS for hosting this engaging dialogue and to all the fellow panelists for sharing their valuable insights. The discussions underscored the rapid evolution in fintech and the continuous need for innovative solutions that address the complex needs of today's ISVs and platforms. #Fintech #UBS #PaymentSolutions #Innovation #MerchantAcquiring #NMI

When I got the offer to work at a banking platform, I fell asleep. 😴 But then I woke up at XYB—and I’ve been convincing myself it wasn’t a dream ever since. There are a few traits that make a company truly exciting to me: - The people. The difference between a good and a great team? Undeniable passion for solving a real, tangible problem. - The commitment. It’s not just about fixing things—it’s about fixing them better than anyone else. I’ve been in #Tallinn for 24 hours with a team that didn’t just accept what the market had to offer—they challenged it. With belief, trust, and a whole lot of talent, they reimagined what banking platforms could be. It’s not often you walk into a growth-stage company that’s already built two neobanks, delivered a full digital proposition in under 7 months for a Tier 1 financial institution, and outperformed incumbents at scale. But that’s the reality at XYB. (Mic drop emoji or humble brag? I can’t pick…) XYB was born from the idea that banking platforms shouldn’t be wasteful—whether in services, resources, or time. We’ve built something that’s intentional and adaptable, ensuring it solves the problems of both the past and the present. We’re doing it right, so you don’t have to do it again. Excited to be on this journey with Alexander Swift, Derek Joyce, Tarmo Suurmägi, Jonas Kiiver, Sarah Holt, and Neil Dillon as we drive this generational shift in banking technology. 🚀 If you’re ready for a platform that grows with you and solves the challenges legacy systems—or those others who promised they could— then couldn’t, let’s connect. Big things are coming—stay tuned! #BankingPlatform #ComposableBanking #BankingInnovation #FutureOfBanking #FinancialInstitutions #Fintech

🚀 Open Banking Expo 2024: The ultimate networking hub for industry leaders 🚀   Last year, Simon Lyons at obconnect perfectly captured the essence of what makes Open Banking Expo the event of the year. This isn’t just another conference - it’s where 1,200 of the brightest disruptors, innovators, and visionaries come together to shape the future of #OpenBanking, #OpenFinance, #Payments, and #SmartData.   Whether you're looking to make strategic connections, spark new collaborations, or simply engage with the industry's top minds, the Expo is designed to maximise networking opportunities:   🔗 Pre-book meetings in our Networking Zone to set the stage for your next big partnership 🍻 Unwind and connect in our Oktoberfest-themed bar area – a perfect blend of relaxation and networking 💡 Discover cutting-edge innovations in the Rise, created by Barclays zone, where leading fintech companies showcase their latest advancements.   Join us on 15-16 October 2024 in London, and don’t miss your chance to be part of the conversation that’s driving the industry forward. Secure your pass early and save £300! 👉https://bit.ly/46oF8Jf   #OpenBanking #OpenFinance #OpenData #Payments #SmartData #OpenBankingPayments #Finance #Fintech #Banking #Innovation