Oriol Pons’ Post

Welcome to this edition of Fintech Wrap Up! As always, I’m excited to share the latest updates and insights from the world of fintech, payments, and banking. Let’s start with a big one: fintech isn’t dead—it’s actually entering a whole new phase powered by AI. We’ve seen fintech innovation shift across different tech cycles, from the internet to mobile, and now AI is transforming the space. We’re talking about AI copilots in banking, especially in compliance, helping institutions like Vesta and Valon shake things up with more efficient processes. AI might just be the key to solving those “too difficult to replace” legacy systems. On the payments front, if you haven’t started tracking payments in real time, now’s the time. SEPA Instant Credit Transfer has made real-time payments a reality in Europe, but the challenge is balancing the short-term costs with long-term benefits like better cash flow and customer experience. It’s all about that speed—transactions are completed in under 10 seconds! We also dove into how AI is embedding itself across the banking value chain, from reducing risks to boosting customer experience. Banks focusing on cost efficiency should explore areas like compliance and data management where AI can drive significant savings. And then there’s superapps—these platforms continue to dominate in markets like India, integrating a range of services across verticals. It’s fascinating to see how their business models streamline costs and boost revenue through cross-selling, while the regulatory landscape, especially in the EU, ensures healthy competition and data protection. Also, if you’re following the evolution of Embedded Finance and BaaS, the building blocks like License-as-a-Service and Balance Sheet-as-a-Service are crucial for non-banks to offer financial products without their own licenses. It’s all about scaling with speed and efficiency. Finally, in curated news, we saw Stripe deepening its collaboration with NVIDIA to boost AI capabilities, and Zeal raising $15M to revolutionize payroll for modern work. Meanwhile, TD Bank faced a record $3 billion fine over money laundering—ouch! 👉 Read the full edition here https://shorturl.at/DHzAA That’s it for this roundup! Stay tuned for more insights in the next edition. #fintech #openbanking #payments Brice Ali Alex Michele Nafis  Monica Lex Theodora Saleh

Payments, the invisible engine of the global economy. I’ve just finished reading "The Payoff" by Natasha de Terán and Gottfried Leibbrandt, and it’s been an eye-opening journey into the intricate world of payments. This book is not just about the technology behind payments, but also about the politics, players, and power dynamics that shape how money moves. As I start my new role as a Product Owner in FinTech, this book has been a crucial part of my learning journey. It helped me understand the bigger picture of payments—something every FinTech enthusiast or Product Owner should deeply appreciate. Reading about the evolution of SWIFT, the challenges of building instant payments, and the battles between banks, tech companies, and regulators has given me fresh insights. The knowledge in this book is like a roadmap for understanding not just what happens behind the scenes, but why. If you’re working in payments, FinTech, or just want to understand how your money moves—I can’t recommend this book enough. It’s full of “a-ha” moments, even for those who think they know payments well.

Seamless #onboarding ... It's getting better... The introduction of Fast Onboarding into the Cashflows environment has meant partners are seeing applications approved in rapid time. 80% of apps are processed within 1 day with the quickest I've seen from Wireless Terminal Solutions in well under 1 hour. The Cashflows team will be at The Card & Payments Awards for two categories for Best Industry Innovation as well as Best Application of AI or ML in Financial Services. There's a host of other amazing companies there...Acquired.com, Modern World Business Solutions and I wish them luck in their respective categories. But it's not just about great tech. The #risk and #underwriting and #boarding teams sat behind the scenes have changed the way people think about risk. Human and open conversations to find the right way to say yes. Boarding isn't rocket science but one of the key things is getting the basics right and being consistent, whilst building a collaborative approach. Clean applications mean reduced friction within a process but also demonstrate that an application has been scrubbed correctly building confidence with underwriters whilst being consistent ensures there are clear lines of communication and an effective follow through. What works well for you - Pre-vets, open communications, getting the basics right? In your experience, what one tip would you give to a salesperson or boarding agent within #payments & #acquiring to get their application over the line first time and quicker?

Switching payments providers can often be a daunting process, which is why we make sure to keep it simple with Fast Onboarding, ensuring the #boarding journey is seamless, fast, and easy for our customers and partners. 😌 Head to our website to find out more! #AI #insights #fintech #payments #cashflows

The future of finance is digital, and staying ahead of the curve is key. This blog dives into the hottest trends shaping fintech software development, from mobile payments to AI-powered wealth management. Learn how to leverage these advancements and build the next big fintech app. Read more: https://lnkd.in/dXUWSTtR #softude #fintech #softwaredevelopment #innovation #finance

𝗠𝗮𝘀𝘁𝗲𝗿𝗰𝗮𝗿𝗱 𝗧𝗲𝗮𝗺𝘀 𝗨𝗽 𝗳𝗼𝗿 𝗗𝗶𝗿𝗲𝗰𝘁𝗣𝗮𝘆, 𝗧𝗿𝘂𝘀𝘁𝗹𝘆 𝗚𝗲𝘁𝘀 "𝗙𝗲𝗱 𝗨𝗽" 𝘄𝗶𝘁𝗵 𝗣𝗮𝘆𝗺𝗲𝗻𝘁 𝗗𝗲𝗹𝗮𝘆𝘀, 𝗮𝗻𝗱 𝗖𝗹𝗲𝗮𝗿𝗕𝗮𝗻𝗸 𝗖𝗮𝘀𝗵𝗲𝘀 𝗜𝗻 All this and more in Edition #113 of the Future of Fintech Newsletter - Your Weekly Fintech Brew ☕ Last week's fintech scene was booming: seamless transactions, global reach, and the future of digital assets - all on the horizon! 👇🏽 Now serving the #Top3 👌🏽 highlights that caught my attention: 1️⃣ Open Banking Infrastructure for Faster Payments ↳ The partnerships between Mono and Mastercard and Trustly and Cross River underscore the growing trend of open banking platforms expanding their reach and capabilities for a continued push for faster and more efficient payment methods. 2️⃣ Focus on Cross-Border Payments ↳ The Bank for International Settlements – BIS initiative explores tokenisation for efficient cross-border settlements, showcasing a global focus on streamlining international transactions. Swan's collaboration with Wise expands money transfer options for its clients, highlighting the importance of facilitating international payments within embedded finance. 3️⃣ AI Innovation in Fintech ↳ Commercial Bank International's investment in zypl.ai demonstrates the growing use of AI in lending and credit scoring, potentially leading to more personalised financial services. Savour the full cuppa of fintech headlines by subscribing here ➡️: https://lnkd.in/gXSuFv9W ___________________________ 𝗧𝗵𝗲𝘀𝗲 𝘁𝗿𝗲𝗻𝗱𝘀 𝗮𝗿𝗲 𝗯𝗿𝗲𝘄𝗶𝗻𝗴 𝗮 𝗳𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗮𝗰𝗰𝗲𝘀𝘀𝗶𝗯𝗹𝗲, 𝗰𝗼𝗻𝘃𝗲𝗻𝗶𝗲𝗻𝘁, 𝗴𝗹𝗼𝗯𝗮𝗹𝗹𝘆 𝗰𝗼𝗻𝗻𝗲𝗰𝘁𝗲𝗱 𝗳𝗶𝗻𝗮𝗻𝗰𝗲. 𝗪𝗮𝗻𝘁 𝗮 𝗱𝗲𝗲𝗽𝗲𝗿 𝘀𝗶𝗽? ♨️ Subscribe to 𝗪𝗵𝗶𝘁𝗲𝗦𝗶𝗴𝗵𝘁 𝗥𝗮𝗱𝗮𝗿 for exclusive insights and actionable intelligence! 🚀 WhiteSight Radar empowers you to: ➤ Uncover the next fintech disruptions ➤ Dissect the strategies of industry titans like Stripe & Starling Bank (with more on the way - think Amazon, Grab, Wise!) ➤ Track key market movements ➤ Unlock exclusive content & expert analysis (including bespoke research & briefings!) Upgrade your Fintech IQ with WhiteSight Radar! Subscribe now 👉🏽: https://lnkd.in/gVfE8Cwg #fintech #news #openfinance #embeddedfinance #digitalfinance #DeFi #infrastructurefinance #greenfinance

How do you see the future of cross-border payments evolving? #valanticfsa #payments #automation #crossborderpayments #Innovation #DigitalTransformation

Existing challenges in cross-border payments. Despite its significance to the global economy, today’s cross-border payment model is not fit for purpose. The myriad of payment systems, each with different rules, schemes, formats, and availabilities, introduces significant pain points for individuals and businesses. These include high costs, long settlement times, lack of transparency, and security concerns.  These challenges have created opportunities for disruption in the cross-border industry. This process is well underway, with fintech disruptors like Wise, Revolut, and Nium leading the charge. By leveraging existing payment rails with innovative solutions, these nimble players are addressing the pain points faced by customers making international payments. Traditional banks, who have long dominated this space, are now at risk of disintermediation if they cannot stay competitive, especially regarding speed and cost. For a low-margin business like payments, this is no easy task.  How do you see the future of cross-border payments evolving?  Read more here 🔗 https://lnkd.in/eAPe4Gbv  #valanticfsa #payments #automation #crossborderpayments #Innovation #DigitalTransformation

When building an embedded finance or FinTech product there are two primary approaches to take: build it in-house or buy the tech and infrastructure from an existing platform. Both of these approaches come with their own unique considerations around team structure, timelines, operations, compliance, and much more. With so many factors at play it can be difficult to decide which path makes more sense for your business 🤔 To help inform your decision our team of experts put together a comprehensive guide that provides details on what is required for each of these approaches. It covers topics such as: - Different options for partnering with sponsor banks 🏦 - The team required to build your own banking products 🤝 - Necessary integration components of a complete banking ecosystem 🛠 - Strategic time and money considerations for launch ⏱ Get all of these insights and more by downloading the full guide in the link below 🔗👇 https://lnkd.in/gjQGyKwG

Product Strategy to Simplify Cross-Border Payments In the world of fintech, handling international payments comes with a host of challenges high fees, fluctuating exchange rates, and complicated transfer processes. For a global user base, these pain points are significant. The Product Management team took on this complexity by focusing on one key goal simplifying cross-border payments. They integrated a seamless, low-cost currency exchange feature, allowing users to transfer money internationally with just a few taps and at highly competitive rates. User research was central to this innovation, helping identify customer pain points around hidden fees and slow transactions. Revolution also formed strategic partnerships with financial institutions to enhance currency liquidity and reduce operational costs. As a result, revolutionized how users handle international payments, making it easier and cheaper for millions worldwide. 👉 What’s one feature you think would revolutionize international payments? Let’s hear your ideas! #Fintech #ProductManagement #PaymentsInnovation #InternationalPayments #CrossBorderPayments #DigitalBanking #FintechStrategy #UserExperience #InternationalPayments #DigitalBanking