Podcasts about psd2

Gäste:Prof. Dr. Silke Finken | International School of ManagementPatrick Henrich | CommerzbankJoris Hensen | Deutsche BankKai Wirthwein | First Financial Angesichts des hohen Aufwands, der für die Umsetzung von FIDA (Financial Data Access) zu erwarten ist, fragen sich viele – vor allem kleinere und mittlere – Kreditinstitute, worauf sie sich vorbereiten müssen. Die Standardisierung von Daten sowie die Bewertung und entsprechende Priorisierung von Use Cases sind sicherlich Aufgaben, mit denen man sich schon jetzt beschäftigen sollte. Die aktuelle Stammtischrunde mit Professor Dr. Silke Finken, Patrick Henrich, Joris Hensen, Dr. Christoph Huck, Ute Kolck und Kai Wirthwein gibt weitere wichtige Denkanstöße.

Rory O'Neill, Chief Marketing Officer, Checkout.comPayments move money; high-performance payments make money. Conversely, failed payments don't just lose money for merchants, they damage trust in the brand and directly undermine brand value. Trust and confidence are fragile things – needed in online commerce but easily undermined if the payment experience is problematic. Robin Amlôt of IBS Intelligence speaks to Rory O'Neill, Chief Marketing Officer of Checkout.com about ensuring payments work as they should.

Nach dem Hin und Her um FIDA haben die Verhandlungen im Europäischen Rat inzwischen begonnen. Während auf politischer Ebene unter anderem noch über den Anwendungsbereich und die Umsetzungsfrist diskutiert wird, haben die Arbeiten zur Gestaltung der Schemes längst begonnen. BiPRO, das Brancheninstitut für Prozessoptimierung, welches die FiDA-Scheme Policy Commission leitet, hat hier schon viel Vorarbeit geleistet – nicht nur für die Versicherungsbranche. Im aktuellen Open-Banking-Stammtisch diskutieren wir mit Prof. Dr. Silke Finken (International School of Management), Patrick Henrich (Commerzbank), Dzmitry Permiakou und Torsten Jäger (BiPRO), wie die Bankbranche hiervon profitieren und Aufwände reduzieren kann.

Nell'era dei pagamenti digitali siamo davvero sicuri di conoscere tutto sui pagamenti contactless?In questa puntata di Ospitalità 4.0, Marco ci porta in un viaggio che parte dalla nascita delle carte di credito quando nel 1950 Frank McNamara, dopo aver dimenticato il denaro per pagare al ristorante, iniziò a elaborare un sistema di credito per evitare tali disagi, fino ad arrivare all'impatto della PSD2 nel settore alberghiero. Si parlerà della fine del PAN manuale e di come la PSD2 abbia trasformato i processi di pagamento negli hotel, quali sono le implicazioni per gli albergatori e perché oggi gestire transazioni sicure ed efficienti è più cruciale che mai. 

Na pewno słyszałeś w ostatnim czasie coś o open banking albo otwartej bankowości. Te dwa terminy dotyczą tego samego - rewolucji w sektorze finansowym! Dzięki otwartej bankowości co chwilę powstają nowe usługi, produkty i inicjatywy, które automatyzują codzienne czynności związane z finansami. Zobacz ten odcinek, aby dowiedzieć się, jak otwarta bankowość zmienia rzeczywistość!Sprawdź rozwiązania Apfino, które korzystają z otwartej bankowości:https://apfino.pl/rachunki-bankowe-firmy/https://apfino.pl/rachunki-bankowe-klientow-biur-rachunkowych/Z tego odcinka dowiesz się:- na czym polega otwarta bankowość- czym jest dyrektywa PSD2- co to jest API

Stefano Vaccino is the Founder and CEO of Yapily, a leading open banking infrastructure provider.Stefano shares his unique journey from a career in nanotransistor research and investment banking to discovering his passion for technology and founding Yapily. We explore how open banking regulations like PSD2 inspired him to create a mission-driven company and the challenges he faced as a solo founder building one of the leading players in this competitive space.In this episode, we discuss:Stefano's career transition from corporate life at Goldman Sachs to becoming a tech founderKey insights on when to take the entrepreneurial leap and how to manage the risksThe evolution of open banking, its global potential, and the massive opportunities it unlocks in payments, lending, and identity verificationLessons on building credibility as a solo founder, raising funding from top VCs and fintech leaders, and navigating a competitive landscapeThe importance of resilience, family support, and maintaining balance as a founderStefano's insights into open banking's future and the role Yapily plays in transforming financial services are invaluable for founders, operators, and anyone curious about fintech innovation.Don't forget to like, subscribe, and follow The Riding Unicorns podcast on your favourite platform and stay connected with us on social media for more inspiring episodes!

The payments landscape is going through major transformation. PSD2 has been disruptive and with the anticipated arrival of PSD3 a lot of questions are still to be answered. What does PSD3 mean for fintech businesses, banks, merchants, and consumers?In this episode, we explore the upcoming regulatory shifts, the opportunities and challenges they present, and what the future of payments might look like beyond PSD3. Will this be an evolution or a revolution?How will Open Banking, embedded finance, and digital walletsbe impacted? And is regulation moving too fast, or not fast enough?With Ann Zheng, Associate at Pinsent Masons

Se si pensa a quanto la tecnologia possa semplificare processi complessi e spesso percepiti come ostici, come la gestione contabile e finanziaria delle piccole e medie imprese, emergono soluzioni innovative capaci di migliorare l'efficienza e agevolare le attività quotidiane. Ma quali sono le sfide principali che le piccole e medie imprese italiane affrontano in questo ambito, e in che modo strumenti tecnologici possono fare davvero la differenza? Per parlare delle soluzioni proposte da Sibill abbiamo invitato Mattia Montepara, CEO di Sibill.Nella sezione delle notizie parliamo del progetto Stargate per consolidare la posizione degli Stati Uniti nel settore dell'IA e infine di un nuovo quadro concettuale per l'uso dei gemelli digitali nella medicina di precisione.--Indice--00:00 - Introduzione01:31 - Il progetto Stargate per consolidare l'IA negli USA (OpenAI.com, Matteo Gallo)02:42 - Gemelli digitali per terapie su misura (UniPd.it, Luca Martinelli)04:01 - Sibill: la piattaforma che potenzia la gestione contabile delle PMI (Mattia Montepara, Davide Fasoli, Matteo Gallo)29:35 - Conclusione--Contatti--• www.dentrolatecnologia.it• Instagram (@dentrolatecnologia)• Telegram (@dentrolatecnologia)• YouTube (@dentrolatecnologia)• redazione@dentrolatecnologia.it--Brani--• Ecstasy by Rabbit Theft• Falling For You by SouMix & Bromar

Hoy en nuestro espacio fintech nos acercamos a Kreditz, una empresa líder en el análisis de datos bancarios que utiliza tecnologías de Open Banking y PSD2. Con su responsable para España, Eduardo Morales Heimlich.

Baiba Rosenberg, the head of startups at MBH FinTech Lab in Hungary, joins us to navigate the transformative currents reshaping the fintech world. Get the inside track on how AI is not just a buzzword but a catalyst for change, redefining customer support to be more personal and data-driven without losing the essential human touch. From the intriguing discussions at Singapore FinTech Week, where quantum computing is emerging as the next tech frontier, to understanding how regulatory developments like PSD2 and PSD3 are recalibrating the fintech landscape, this episode is your guide to the future of finance. We promise insights that will have you rethinking the balance between natural and artificial intelligence and the impact of AI on jobs, education, and training.From facial recognition ATMs in Asia to the rise of contactless payments, explore how generational divides are influencing banking technologies. Discover why Gen Z is steering clear of banks and how fintech companies are ingeniously merging digital wallets with physical cards. We also shine a light on the critical role of fintech innovation labs that partner with banks and universities, creating a robust ecosystem where innovation meets practical application. Plus, we open the door to opportunities in the Hungarian market for startups seeking early-stage funding. This is your chance to engage with the Hungarian FinTech Association and tap into a burgeoning market. Don't miss this opportunity to stay ahead in the fast-paced world of fintech.Thank you for tuning into our podcast about global trends in the FinTech industry.Check out our podcast channel.Learn more about The Connector. Follow us on LinkedIn.CheersKoen Vanderhoydonkkoen.vanderhoydonk@jointheconnector.com#FinTech #RegTech #Scaleup #WealthTech

L'Open Banking è un tema al centro dell'attenzione ormai da diversi anni. Soddisfatti gli obblighi di compliance portati dalla PSD2, e in attesa dei perfezionamenti portati dalla futura PSD3, l'industria ha lentamente esplorato nuovi use case, anche di fronte alla crescita lenta, ma costante, delle operazioni legate all'Open Banking. Alcuni di questi use case riguardano il settore dell'Automotive, al centro di una serie di trasformazioni, dalla mobilità elettrica alle abitudini di utilizzo dei clienti finali. Ce lo spiega Sara Fiorini, Business Owner dell'HUB di Customer Engagement per il mercato Finance Italy.

Nach Umsetzung der PSD2-Richtlinie sei man 2018 "aus dem regulatorischen Koma" erwacht, so schildert es Dr. Ortwin Scheja von der Berlin Group. Seitdem geht es kontinuierlich weiter mit dem Ausbau der Schnittstellen (APIs), welche die technische Grundlage sind, um die Ziele der PSD2 zu erreichen.Die Schweiz hat das Thema Open Banking ebenfalls vorangetrieben - auch ohne regulatorische Vorgaben. Warum die entsprechende Arbeitsgruppe nicht "Open API" sondern "Common API" heißt, und was wir aus dem Schweizer Vorbild lernen können, erfahren Sie in der neuen Podcast-Folge. Ute Kolck moderiert die Diskussion - dieses Mal mit fünf Fachexpert:innen: Christoph Berentzen (Commerzbank), Prof. Dr. Silke Finken (International School of Management), Jürgen Petry (Swiss Fintech Innovations), Dr. Ortwin Scheja (Berlin Group) und Roger Wisler (Zürcher Kantonalbank).

Dein Update zur Digitalisierung der Versicherungsbranche. In dieser Folge des Digital Insurance Podcast spricht Jonas Piela mit Oliver Jung, Managing Consultant und Simon Eschner-Krauss, Software Architect bei Senacor. Senacor Technologies AG ist eine Unternehmensberatung mit knapp 1000 Mitarbeitern. Sie helfen bei der Business- und IT-Transformation. Der Fokus liegt auf Insurance, Automotive und Banking. FIDA steht für Financial Data Access. Der entsprechende Gesetzesentwurf der EU soll 2025 in Kraft treten. Es soll u. a. der Datenaustausch zwischen Finanzinstituten erleichtert werden. Damit ergeben sich für Versicherer neue Chancen am Markt, aber auch regulatorische Hürden. Das Ziel des Gesetzes: die Innovation und den Wettbewerb am Markt zu erhöhen. Bislang lag die Datenhoheit bei den etablierten Unternehmen, erklärt Oliver. Damit kleinere Unternehmen eine Chance haben und besser skalieren können, benötigen sie Daten. Das wird mit FIDA ermöglicht. Die DSGVO wird an keiner Stelle ausgehebelt, sondern steht stets über FIDA. Sensible Informationen wie Krankenversicherungsdaten dürfen gar nicht erst ausgetauscht werden. Für Versicherer sind die neuen Daten Gold wert. Sie können den Onboarding-Prozess vereinfachen oder für die Bestimmung eines Kundentarifs verwendet werden. Simon ist der Meinung, dass FIDA einen vergleichbar großen Impact wie PSD2 haben und die Geschäftsmodelle vieler etablierter Konzerne durcheinanderwirbeln wird. Links in dieser Ausgabe Zur Homepage von Jonas Piela Zum LinkedIn-Profil von Jonas Piela Zum LinkedIn-Profil von Oliver Jung Zum LinkedIn-Profil von Simon Eschner-Krauss

Open Banking und Open Finance revolutionieren die Finanzbranche. Durch nahtlosen Datenaustausch entstehen neue Möglichkeiten für innovative Finanzlösungen, die maßgeschneidert, transparent und sicher sind. In der neuen Podcast-Folge diskutieren wir, wie sich Open Banking und Open Finance im internationalen Raum entwickeln, welche Länder Vorreiter sind und worin das größte Veränderungspotential besteht.Gastgeberin Ute Kolck hat die Moderation der Diskussion heute an ihren Kollegen Robert Herzig, einem der Geschäftsführer der BV Transaction Services GmbH, weitergegeben. Mit dabei waren die internationalen Expert:innen Sarah Häger (Enable Banking), Professor Dr. Silke Finken (International School of Management), Roger Wisler (Zürcher Kantonalbank) und Joris Hensen (Deutsche Bank).

Lex chats with Zuben Mathews - CEO and Co-founder of Brigit. Brigit is a leading consumer financial app in the United States that offers a suite of holistic financial products including budgeting, financial insights, access to paychecks, and credit building. Zuben kicks off the conversation discussing his journey from investment banking at Deutsche Bank to founding one of the largest financial health apps in the U.S. Mathews reflects on his early experiences in banking, where he launched a small entrepreneurial team within Deutsche to leverage the bank's data and client relationships to drive revenue. This experience helped shape his approach to solving real financial pain points, which became the foundation of Brigit. Zuben explains Brigit's focus on addressing the U.S. financial crisis of living paycheck-to-paycheck, a problem he personally experienced as an immigrant student. Brigit's initial product leverages cashflow data to provide instant cash advances, helping users avoid overdrafts and predatory loans. Mathews emphasizes that Brigit's success stems from a commitment to solving users' deepest financial issues and using real-time cashflow data, not traditional FICO scores, to provide financial solutions. The conversation delves into Brigit's subscription-based business model, which offers transparency and value to users, helping them save money while improving financial stability. Zuben discusses how the app has grown to serve over a million users, generating more than $100 million in revenue with a small team of 90. He also addresses challenges in fintech, such as data access in the U.S. compared to Europe's open banking regulations, and calls for more balanced regulation that encourages innovation while protecting consumers. The discussion concludes with Zuben advocating for greater access to bank data and better infrastructure for fintechs, highlighting the importance of innovation in improving customer outcomes in the financial space. MENTIONED IN THE CONVERSATION Brigit's Website: https://bit.ly/4d8tqohZuben's LinkedIn: https://bit.ly/3XvsEvT Topics: Fintech, neobank, overdraft, cash advance, subscription, financial wellbeing, PSD2, regulation Tags: Brigit, Deutsche Bank, Plaid, Chime, Revolut, Monzo, Yodlee, Synapse, Coastal Community Bank ABOUT THE FINTECH BLUEPRINT 

Huw Davies, Co-Founder & Co-CEO, Ozone API The third Payment Services Directive (PSD3) could be unveiled soon. The new legislation in Europe I expected to introduce, among other things, governance relating to consumer consent while also including metrics for improving the performance of open banking APIs. This summer already saw the publication in the UK of Open Banking Standard version 4.0, the first major release since 2018 and including important mandatory updates to the security profile and international messaging standards. Robin Amlôt of IBS Intelligence discusses the changing regulatory framework with Huw Davies, Co-Founder and Co-CEO of Ozone API. 

Mit dem Framework for financial data access (FIDA) zeichnet sich eine weitere Öffnung von Daten für Banken und Versicherungen ab. In Schemes sollen sich Banken und Drittanbieter organisieren und Daten übergreifend standardisiert anbieten. Wir sprechen über diese große Transformation sowie darüber, was wir aus der PSD2 technisch gelernt haben. Inwieweit können wir dieses Wissen für FIDA und den Bau der Schemes einsetzen?Am virtuellen Stammtisch diskutieren Professor Dr. Silke Finken (International School of Management), Christoph Berentzen (Commerzbank), Joris Hensen (Deutsche Bank) und Kai Wirthwein (First Financial) mit Klaus Igel (Subsembly). Gastgeberin ist Ute Kolck (Bank-Verlag).

Nell'open banking, finora, è mancato il cliente. A distanza di qualche anno possiamo dire che le aspettative di “disruption” a cui abbiamo dato voce, anche noi, al lancio della PSD2 non si sono realizzate. Come già avvenuto per altri trend, però, banche e assicurazioni non vivono in un compartimento stagno e il paradigma della condivisione dei dati, già realtà nell'economia digitale, sta per arrivare anche nel Finance. Ne parliamo con Paolo Gatelli, Senior Researcher del CeTIF

Nabeel Moosa, VP, Strategy & Value Creation, Group eCommerce, Nexi GroupThe payments space is crowded and competitive, so the question is: can Europe create a viable retail payments solution that operates across national borders? The European Payments Initiative and the wero brand are a step forward in the creation of a standard platform for payments and digital currencies in Europe. Will a new European wallet succeed? Robin Amlôt of IBS Intelligence speaks to Nabeel Moosa of European PayTech Nexi Group. 

Im Juni 2023 wurde der EU-Legislativvorschlag zu Financial Data Access, kurz FIDA, veröffentlicht. Dieser soll vorantreiben, was bisherige Regulatorik wie PSD2, nicht geschafft hat: Die weitere Öffnung der Finanzmärkte durch Open Finance. Ob und wie das gelingt, beantwortet Dirk zusammen mit Mario Reichel und Florian Hartmann (bei von PPI AG) in den neusten Folge. Viel Spaß dabei! Die nächste Folge erscheint in zwei Wochen! - Abonniert uns direkt hier oder folgt uns auf ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, um keine Episode zu verpassen. Alles weitere über unseren Podcast findest du hier: ⁠⁠⁠neosfer Podcast⁠⁠⁠.

This week we are meeting with Edy Bruinooge, CCO at IBANXS. The company was founded in 2019 in The Hague and has grown to become the leading Open Banking provider in the Netherlands. The company independent PSD2 platform connects clients with over 2,500 banks across Europe for Payments and/or Account Information. Clients live on the platform range from Payment Service Providers to Accounting Software companies to Lending and Factoring companies. Edy and his team have done an incredible job to both integrate with so many banks across Europe. The APIs all vary and the ongoing effort to maintain all these connections and deliver a consistent quality of services is not to be underestimated. We have a frank and honest discussion about the state of PSD2, PSD3 and Open Banking across Europe. Edy talks openly about the iBANXS journey and explains why he continues to be optimistic about the future of Open Banking in the EU.

"En este episodio, conversamos con David Lozano, el Fundador y CEO de Wealth Reader, una innovadora startup que está transformando el sector de la banca privada a través de la tecnología. Wealth Reader se distingue por ofrecer una API que conecta con todos los bancos, facilitando la agregación bancaria de una manera que antes parecía imposible. Enfocándose en la banca privada, Wealth Reader resuelve desafíos que tradicionalmente requerían un extenso trabajo manual, ofreciendo soluciones automatizadas que minimizan errores y maximizan la eficiencia. David comparte con nosotros cómo la regulación PSD2 fue un punto de inflexión para Wealth Reader, permitiéndoles superar la desconfianza legal y abrirse camino en un mercado altamente regulado. Esta regulación, que introdujo la obligatoriedad de ofrecer APIs para conectar con bancos, fue clave para desbloquear un amplio mercado potencial que antes era reticente a adoptar soluciones no reguladas. A diferencia de muchas startups que buscan escalar rápidamente aumentando su equipo de ventas, Wealth Reader ha adoptado un enfoque más medido. Con solo dos comerciales, se enfocan en construir relaciones de calidad y brindar un nivel de servicio excepcional a sus clientes. Este enfoque les permite mantener una conexión cercana con el mercado de banca privada, asegurando que cada interacción añada valor tanto para Wealth Reader como para sus clientes. Puedes encontrar el podcast y suscribirte en el siguiente enlace: https://www.inboundcycle.com/podcast-marketing-leaders?hsLang=es. Y si tienes cualquier comentario o duda, puedes escribirnos a pau@inboundcycle.com o bien buscar y agregar a Pau Valdés en LinkedIn"""

In today's episode of the Pitch Cafe Podcast, we have Bharath Kumar with us!

Phoebe Kitchen, VP of Growth Equity, InoviaWhat are the hot opportunities in FinTech in Europe? Changes to the role of the CFO are providing one set of growth prospects while B2B open banking solutions offers another. Canada-based Inovia is a VC firm looking to support founders to build global sustainable tech companies. From the firm's London office, Phoebe Kitchen, Vice President of Growth Equity at Inovia, speaks to Robin Amlôt of IBS Intelligence about the opportunities she identifies. 

If you think the wave of fintech and banking innovation that followed in the wake of the PSD2 directive was ground-breaking, the next iteration PSD3 promises even more. Lawrence Vesey from Sia Partners talks about the potential for game-changing developments and nurturing market competition and innovation in the wake of PSD3. Visit www.thinkbusiness.ie for more news and supports for start-ups and SMEs in Ireland. If you want to start and grow a business, ThinkBusiness.

In der neuesten Ausgabe des Fintech-Podcasts von paymentbanking.com begrüßt Gastgeber Jochen Siegert Nicola Breyer von Qwist und Oliver Dlugosch von Ndgit. Im November gab es einen regelrechten Paukenschlag. Das polnische Unternehmen Crastorehill gab bekannt, die beiden Unternehmen Qwist aus Berlin und Ndgit aus München zu übernehmen.

Europe, widely considered the birthplace of open banking, has been on a journey to digitize their financial system for over 20 years. In this episode, we speak to a guest who has been on that road since the beginning, at the nexus of finance, technology and regulation. Dr. Ruth Wandöfer has been instrumental in shaping the future of finance in Europe, having positioned herself as one of the leading experts in the region. She is a widely sought after speaker, writer and professor, with her opinions published in Sifted, The Financial Times and Forbes. She has published three books on digital finance, most recently, Redecentralisation – Building Our Digital Financial Ecosystem in 2023. Together, Eyal and Ruth delve into the origin of open banking in Europe, from the original Payment Services Directive to PSD2 , through to the future under PSD3. They then go well beyond, as they explore the future of our digital society at large. Specifically they discuss: • The history of open banking• Going from PSD to PSD2 to PSD3• How Web3 and CBDC will play a role• The Digital States that run our lives• Creating a Digital Social Contract

Créée au départ pour rationaliser la mise en conformité de 4 Banques afin de répondre aux exigences de PSD2, LuxHub a dû nécessairement évoluer pour étendre sa vision et se positionner comme un acteur majeur de l'Open Banking en Europe. Cela nous amène à parler avec Claude de la gouvernance, la manière dont LuxHub prend en compte les intérêts de ses actionnaires, évite les conflits d'intérêts et diversifie sa base de clients. Nous abordons également la manière dont la start-up a réussi à étendre son champ d'action initial, à diversifier son offre et comment les besoins sont identifiés. Nous parlons des produits déployés aujourd'hui, notamment la Marketplace d'API, ainsi que des développements à venir qui couvrent un scope large de produits liés à la mise en application des règlements et des directives européens tels que FIDA, PSR et PSD3. Si vous avez besoin d'une petite piqure de rappel point de vue réglementation bancaire, c'est un must listen !

Extrait de l'épisode de Dimanche. Créée au départ pour rationaliser la mise en conformité de 4 Banques afin de répondre aux exigences de PSD2, LuxHub a dû nécessairement évoluer pour étendre sa vision et se positionner comme un acteur majeur de l'Open Banking en Europe. Cela nous amène à parler avec Claude de la gouvernance, la manière dont LuxHub prend en compte les intérêts de ses actionnaires, évite les conflits d'intérêts et diversifie sa base de clients. Nous abordons également la manière dont la start-up a réussi à étendre son champ d'action initial, à diversifier son offre et comment les besoins sont identifiés. Nous parlons des produits déployés aujourd'hui, notamment la Marketplace d'API, ainsi que des développements à venir qui couvrent un scope large de produits liés à la mise en application des règlements et des directives européens tels que FIDA, PSR et PSD3. Si vous avez besoin d'une petite piqure de rappel point de vue réglementation bancaire, c'est un must listen !

Bereichsausnahmen sind eine Wissenschaft für sich. Art. 3 der PSD2 enthält momentan einen Katalog von Dienstleistungen, die nicht dem Anwendungsbereich der PSD2 unterfallen und daher ohne Erlaubnis erbracht werden dürfen. Hier wird es wohl zu einigen Änderungen kommen.

Our expert hosts, David M. Brear, is joined by some great guests to ask: "Will PSD3 really live up to the expectations?" This week's guests include: Dan Morgan, Policy Lead - Europe, Plaid Nilixa Devlukia, Founder, Payments Solved Thibault de Barsy, Vice-Chairman & General Manager, The Payments Association EU The Open Banking sector is currently abuzz – following the unveiling of proposals for Payment Service Directive 3 by the European Commission. For fintechs, banks, financial services players, and even non-financial services players – these proposals are a huge deal which could shape the next decade in our industry. So, to mark the unveiling, we're bringing you an episode from July 2022– with some serious heavyweights of the Open Banking sector rating the success of PSD2 and looking at what the industry is hoping for going forward. Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. It's hosted by a rotation of 11:FS experts including David M. Brear, Ross Gallagher, Benjamin Ensor, and Kate Moody - as well as a range of brilliant guests. We cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking. If you enjoyed this episode, don't forget to subscribe and please leave a review Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Special Guests: Dan Morgan, Nilixa Devlukia, and Thibault de Barsy.

In dieser Episode diskutieren Peter Frey und Christina Cassala, wie die PSD3 Gestalt annimmt und was die Begriffe PSD3, PSR, FIDA und Digital Euro Regulation bedeuten.

In this episode, we talk with Ian Ellis, Technology Strategist, Angel Investor, Venture Partner and Founder of the London Enterprise Tech Meetup. Ian Ellis is an experienced Technology Strategist who has driven C-level stakeholder engagement across some of world's leading organisations, including Morgan Stanley, Deutsche Bank, Prudential Financial, Microsoft and Bank of Ireland. His work involves aligning the high-level objectives for an organisation with its technology and business strategies, particularly related to how it drives practical innovation and also engagement with the external ecosystem of emerging technologies, investors and incumbent tech players.Ian covers a lot of topics including generative AI and its potential applications, reporting requirements around ESG, and the need for thoughtful regulation, responsible innovation, and sustainable practices in the financial services industry.3 Takeaways:Well placed regulations can help drive innovationVirtual advancements are having physical, global impactsFinOps is on the riseKey Quotes: “One of the things that people never think about is the importance of regulation. I think if you look at financial services and regulation in Europe, I think the European Union has been a very enabling force within the financial services ecosystem, with things like SEPA, PSD2, and all these types of regulations that drive, [or] actually force innovation a little bit. I think about regulation as a breathing thing, or a human thing is the wrong thing to way to describe it. But if you look across regions and how they regulate that has an impact on the innovation ecosystems in those regions.”“Actually, what the FinTech lab helped people realize is that the financial services industry and the ecosystem is, it's not a zero-sum game. There are winners and losers on all sides. So, if you disrupt a retail bank in say, you know, foreign currency, you're probably actually making money for an investment bank or a broker dealer on the other side. So, banks win somewhere else if they don't win on the front line in retail, they're winning in the backend and syndicating something.”“Because the thing with financial products [is] often [that] they're reasonably similar with nuances and differences on the edge, and sometimes those differences are important, sometimes they're not. So, working out how to think about that type of stuff in a way that makes sense. I think some of the challenges around AI and loading large volumes of data in is the time to market stuff. So that you need to think about the data being current. Nobody made money in a market looking at yesterday's data or the day before that.”“So, it's like everything ties back to physical somewhere. And the costs of some of these technologies are things that people don't think about enough in terms of sustainability.”Ian EllisTechnology Strategist, Angel Investor and Founder of the London Enterprise Tech MeetupBio:Ian Ellis is an experienced technology strategist who has driven C-level stakeholder engagement across some of world's leading organisations, including Morgan Stanley, Deutsche Bank, Prudential Financial, Microsoft and Bank of Ireland. He has also been involved in Venture Capital, working for a period as a Venture Partner at an enterprise tech VC firm called Next47.Typically his work involves aligning the high level objectives for an organisation with its technology and business strategies, particularly related to how it drives innovation and also engagement with the external ecosystem of emerging technologies, investors and incumbent tech players.Ian co-founded the OperAngels syndicate of industry experts, focused predominantly on making angel investments in the enterprise tech and cyber security spaces. He is also the Founder of Enterprise Tech London (formerly the London Enterprise Tech Meetup) and was an entrepreneurial driving force behind the launch of Accenture's FinTech Innovation Lab in London.He holds a BA in Economics & Information Studies from University College Dublin and an MSc in Analysis, Design & Management of Information Systems (with distinction) from the London School of Economics.Ian is based in London, but works globally, and has previously worked in London, New York and Dublin.—For more information:Connect with Ian on LinkedinCheck out the London Enterprise Technology Meetup at enterprisetech.londonAbout the HostsMatthew O'Neill is a husband, dad, geek and Industry Managing Director, Advanced Technology Group in the Office of the CTO at VMware.You can find Matthew on LinkedIn and Twitter.Brian Hayes is an audiophile, dad, builder of sheds, maker of mirth, world traveler and EMEA Financial Services Industry Lead at VMware.You can find Brian on LinkedIn.

44 jaar in betalingsverkeer. Aan de wieg van PIN, Chipknip, iDEAL, PSD2 en de digitale euro. Net voordat betaal nerd Evert Fekkes van zijn hele lange zomervakantie gaat genieten (pensioen klinkt volgens hem zo definitief) spreken de Nieuwe Knikkers hem nog. Ze vragen hem zijn visie op actuele ontwikkelingen binnen payments. Is er straks nog plastic? Wat gebeurt met de card schemes, wordt alles account2account? Hoe belangrijk is het dat er een volwaardige Europese betaalaanbieder komt? Is dat weggelegd voor EPI? Uiteraard bespreken we ook de toekomst van de digitale euro, het laatste project van Evert bij De Nederlandsche Bank. In welke hoek ziet Evert de grootste slagingskans van deze nieuwe CBDC.  Het was genieten om met deze betaal nerd met zo een brede kennis van het speelveld een kijkje in de toekomst te nemen!   Als extraatje in de shownotes: Het nieuwste trendrapport van regtech Hyarchis over de ontwikkeling van KYC en AML in 2030. ----------------------------- Deze aflevering is mede-mogelijk gemaakt door Endava, software engineering for a digital age.

Een nieuwkomer binnen payments, SPAA (SEPA Payment Account Access). Gijs Boudewijn, directeur van de Betaalvereniging weet hier alles van! Wat wordt met dit nieuwe open banking afsprakenschema beoogd? Waarom zijn banken mede-initiatiefnemers, terwijl ze niet per se fan waren van PSD2? En, het belangrijkste, wat gaat SPAA ons brengen? Daarnaast vertelt Gijs ook hoe SPAA zich verhoudt tot de nieuwe Europese betaaloplossing EPI (European Payments Initiative). Meer lezen over open banking en SPAA  Nieuwtjes Minister Kaag over de recente winsten van banken -----------------------------Deze aflevering is mede-mogelijk gemaakt door Endava, software engineering for a digital age.

Wir sprechen über die Herausforderungen bei der Orientierung und der Komplexität der Vorschriften, über technische Anforderungen, Datensicherheit, Wettbewerb durch Open Banking und die unterschiedlichen Anforderungen der EU-Richtline in den Ländern.

In the world of compliance, there are two main regulatory approaches: how to do things regulations and how to report things regulations. Depending on the regulation type, the compliance and implementation strategy can be dramatically different. In this episode, we explore how smart fintech companies can leverage a specific regulatory approach to grow and optimize their businesses while minimizing the burden of compliance. We'll also dive deeper into the benefits of the how to do things regulatory approach and how it can help companies optimize their processes and services. If you found value in this episode, I would really appreciate it if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies! If you are on Apple, just click here to review, select “Ratings and Reviews” and “Write a Review” and tell me what your favorite part of the podcast is.    Today's episode: [00:32] Discussion of the two main regulatory approaches: how to do things regulations and how to report things regulations. [01:49] The types of regulations that provide clarity and a level playing field for companies. [3:26] The differences between regulations on how to do things and how to report things and how companies in the compliance industry view them. [04:19] How regulations aimed at detecting and curbing unwanted behavior can be overly burdensome for companies and individuals. [05:41] Contrasting compliance regulations that offer little value to companies already doing the right thing with regulations that can help a business optimize its processes for growth.  [07:20] Tips for determining whether a regulation is helpful and minimizing compliance efforts. [08:35] An invitation to share your experiences and thoughts on the two types of regulatory approaches discussed.   Show links: Connect with me on LinkedIn here. Learn how to be valued as a FinTech compliance expert! Join our next call: https://yana-afanasieva.mykajabi.com/collective  Interested in FinTech compliance? - consider investing in the FinTech Compliance Self-Starter Package! I would love to invite you to sign up for my newsletter. If you are interested, please click here.

Gemeinsam mit Patrick de Haan, Senior Consultant bei Innopay, analysieren wir den Stand der Dinge hinsichtlich Open Banking im deutschsprachigen Raum.

De afgelopen 25 jaar heeft Mark Buitenhek absoluut zijn stempel gedrukt op het betalingsverkeer in Nederland en Europa. Hij heeft een indrukwekkend CV en stond aan de wieg van veel betaalinnovaties, zoals de chipknip/chipper, iDEAL en de implementatie van PSD2. De ene succesvoller dan de andere. Sommige heeft hij uitgerold als ook weer afgebouwd, ook dat hoort erbij bij innovatie. Nu hij geniet van zijn sabbatical en wat afstand heeft genomen van de betaalwereld kijkt hij samen met de Nieuwe Knikkers terug op zijn tijd bij ING bank als head of transaction services. Hij geeft ons een kijkje in de keuken hoe al die vernieuwing tot stand is gekomen. En vertelt dat samenwerken met andere banken regelmatig behoorlijk uitdagend was, zo bleek een bierviltje de redding van een betaaloplossing die nu niet meer weg te denken is. Ook geeft hij zijn analyse waarom de ene innovatie succesvoller is geworden dan de ander. Hij deelt hoe hij bij de bank omging met het feit dat betalingsverkeer eigenlijk altijd verlieslatend is. En geeft hij zijn mening over actuele ontwikkelingen zoals de digitale euro. Tot slot vertelt Mark over zijn volgende avontuur en dat dit veel sneller en uit een onverwachte hoek kwam. Meer weten over de digitale euro? Luister nu naar de podcast met Evelien Witlox programmadirecteur digitale euro bij de ECB ----------------------------- Deze aflevering is mede-mogelijk gemaakt door Endava, software engineering for a digital age.

Peter Frey von PayTechLaw klärt auf, warum nach der PSD2 die PSD3 konkrete Formen annimmt und was sie bewirken soll.

Guest post by Tom Moxon, Head of Resourcing Services, IT Alliance Technology systems across all industries are in a process of transformation, with cloud playing a major and disruptive role. Organisations are rethinking their investment in IT Infrastructure to prepare for the future. In turn, new approaches require IT professionals with highly specialised skills and experience, creating an obstacle for many companies. For example, financial institutions across the board are heavily investing in upgrading their customer facing platforms and IT infrastructure, with cloud strategy playing a significant role and Platform as a Service (PaaS) systems (such as Azure and AWS) providing a crucial, stable platform to support online customer engagement. In this scenario, banks are working their way through the challenges of making traditionally in-branch services purely digital. While some processes – like setting up a current account – can be done entirely through digital portals, others – such as processing mortgage applications – are still quite manual and require hard copy documentation. In order to drive their business strategy and enable successful transformation, such organisations must overcome these obstacles and facilitate automation. This will rely on a combination of the right technology and talent. Coping with the complex Sticking with the financial sector as an example, to take services to the next level, applications such as digital wallets, instant payments and SEPA transfers require complex, secure digital infrastructure. Similarly, Open Banking resources such as APIs (Application Programming Interface) and PSD2 (the revised Payment Service Directive) can make online banking more accessible and safe, but they involve transitions which must meet stringent security and privacy requirements. The digital transformation projects required to bring processes entirely online require comprehensive governance and skilled IT professionals who have experience in designing them. IT architecture must also be designed and future-proofed in a way that will allow organisations to scale successfully going forward. At the moment, there is a severe shortage of IT professionals with the necessary skills to support these projects. But that can't stall innovation and transformation. Companies need to turn their focus elsewhere and beyond their four walls, working with consultants and contractors with the necessary experience and developed skills. This will allow them to create a distinct advantage and be effective in their digital – and business – objectives. This can also provide them more flexibility in terms of how long they engage with such specialists and control over their costs. Tackling the talent gap Looking to the future, any investment made today should also deliver long-term value for the organisation. That means the ability to scale and secure business by investing in people as well as technologies. In many financial institutions, in-house professionals are experienced in using legacy systems. They do not necessarily have the skills to support new digital transformation projects, but upskilling and retaining can address this gap. Consultants and contractors again can provide support here and during transition periods, when in-house IT departments get up to speed with new applications and processes. Even during times of uncertainty and recession, when headcounts are often frozen, many institutions can benefit from engaging expert IT professionals on a contract basis with experience in the relevant areas to support the delivery of business-critical projects and the integration of new applications with older systems. In the same vein, spending now on training internal teams can deliver longer-term value for challenging times when innovation is ever more important. While these projects can be complex and often costly, businesses need to take the leap and invest in the technologies and processes that will ultimately increase their e...

Esta semana tenemos a Julián Díaz-Santos, cofundador y CEO de Unnax, la fintech que provee Open Banking para empresas que quieran ofrecer a sus clientes servicios de agregación bancaria, pagos, onboarding y dinero electrónico a través de una única API. Habiendo facturado 3.5M€ el año pasado y con intenciones de superar los 6M€ este año, Unnax se ha convertido en la primera fintech en conseguir el trío de licencias EDE, AISP y PISP, permitiéndole ofrecer servicios que van más allá los contemplados por la directiva PSD2. Conoce las complejidades del mundo bancario y cómo es posible escalar un negocio que es limitado por múltiples regulaciones, logrando incluso levantar más de 9M€. PATROCINADORES

Our expert host, David M. Brear, is joined by some great guests to ask 'how will PSD3 shape the future of Open Banking?' Payment Services Directive 2 was the starting pistol for innovation across financial services and the Open Banking space. The European directive had truly global repercussions, igniting huge interest from investors, and leading to billion dollar valuations for companies on both sides of the Atlantic. Our panel of experts are asking, how well has PSD2 gone? What comes next with PSD3? And what the global impact could be? This week's guests include: Nilixa Devlukia, Founder, Payments Solved Thibault de Barsy, Vice-Chairman & General Manager, The Payments Association EU Dan Morgan, Policy Lead - Europe, Plaid Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. It's hosted by a rotation of 11:FS experts including David M. Brear, Simon Taylor, Jason Bates and Gwera Kiwana, as well as a range of brilliant guests. We cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking. If you enjoyed this episode, don't forget to subscribe and please leave a review Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Special Guests: Dan Morgan, Nilixa Devlukia, and Thibault de Barsy.

About Seemant Sehgal and BreachLock Inc: S.Sehgal is Founder & CEO of BreachLock Inc. - Worlds first AI powered full stack and SaaS enabled Pen Testing as a Service. Since 2019 BreachLock has quickly emerged as a market disrupter in the traditionally human dependent Penetration Testing market. Seemant is an ardent supporter of RED Teaming philosophy. Seemant is a regular speaker at international conferences. He is also an author for the ISACA Journal since 2015. Areas of expertise include cyber resilience, payment security ( PSD2, PCI DSS), ISO 27001, Cyberdefense, and SOC. He is a proud contributor/supporter for Threat Intelligence Based Ethical Red teaming (TIBER) initiative. He has a proven track record in influencing security decisions by articulating his Information Security vision at CISO / CIO and Board Room level. In January 2015, Seemant's paper on "Effective Cyber Threat Management - Evolution And Beyond" was published in the ISACA Journal. He is also an author on ISACA security blog. In Oct 2018 ISACA Journal has released his second paper on RED Teaming for Cyber Security. Founded in 2019, BreachLock, Inc. is recognized as a global leader in the cybersecurity industry, specializing in scalable and comprehensive Penetration Testing as a Service (PTaaS). As a cloud-native innovator, BreachLock delivers market-disrupting PTaaS by leveraging the power of AI to scale the skill and creativity of human Penetration Testers, giving enterprises complete security posture visibility from an adversary perspective. BreachLock's human Penetration Testers validate vulnerabilities discovered by AI and uncover vulnerabilities that automation cannot find. BreachLock is the world's first full-stack Penetration Testing solution, covering all attack surfaces such as Web Applications, Internal & External Networks, Mobile Applications, and API Endpoints. BreachLock is on a mission to Make Cyberspace a Safe Place.

Warum soll es zu einer Harmonisierung der Zahlungsverkehrrichtlinien kommen? Was wird sich in Deutschland durch die Bafin verändern und was sind die Leitlinien der EBA?

Die Europäische Bankenaufsichtsbehörde hat im Februar 2022 Leitlinien über die Ausnahmen zu „Begrenzten Netzen“ im Sinne der PSD2 herausgebracht. In dieser Ausgabe gehen wir näher darauf ein, warum Begrenzte Netze gegenüber Unbegrenzten Netzen gewisse Privilegien genießen. Weitere Themen: Wir betrachten, was ein begrenztes Netz von Dienstleistern ist und welche Ausnahmen für begrenzte Produktsortimente gelten.

Peter Frey von Paytechlaw erklärt die Hintergründe, die entstanden, weil die Europäische Bankenaufsichtsbehörde im Februar 2022 Leitlinien über die Ausnahmen zu „Begrenzten Netzen“ im Sinne der PSD2 herausgebracht hatte.

This episode of Fraudology is brought to you by Ravelin. http://ravelin.com/fraudology (Download your copy of their 2022 merchant survey). Survey >> https://www.ravelin.com/fraudology (https://www.ravelin.com/fraudology) This week, two co-founders of the fraud tech company Ravelin stopped by Fraudology to "nerd out" on current fraud topics. Mairtin O'Riada and Martin Sweeney met each other when they were working to solve new fraud issues at the UK/EU tech start-up & ride sharing app, Hailo. When they couldn't find the right solution on the market for their unique issues, they decided to create one in-house. And later, started Ravelin with two others. Karisse and the "Martins" had a lot of fun talking about several areas of fraud including: Highlights from their recent "Merchant Perspectives on Fraud & Payments" Study (download here: www.Ravelin.com/Fraudology) Current hot topics such as PSD2, ATOs, Mobile wallet fraud their merchants are experiencing (the "... Pay"s) Reflections on the current vendor landscape overall and where it may be going To learn more about Ravelin, visit www.Ravelin.com Fraudology is hosted by Karisse Hendrick, a fraud fighter with decades of experience advising hundreds of the biggest ecommerce companies in the world on fraud, chargebacks, and other forms of abuse impacting a company's bottom line. Connect with her on https://www.linkedin.com/in/karissehendrick/ (LinkedIn) She brings her experience, expertise, and extensive network of experts to this podcast semi weekly, on Tuesdays and Thursdays.

Ivan, Tena i Mia dijele kako su uz pomoć tehnologije naučili o financijama sve ono što nisu naučili u redovnom obrazovanju. OK, prvo smo se morali dobrano opeći na vlastitim greškama, stoga prvi dio nove epizode Netokracija Podcasta posvećujemo njima. No, iako smo na greškama naučili kako upravljati novcem koji imamo (ili nemamo), trebali su nam dodatni izvori informacija da idemo korak dalje - da doznamo kako uopće oplemeniti novac koji smo zaradili i uspjeli ne potrošiti. Svatko od nas troje se okrenuo drugom izvoru, Tena YouTube kanalima, Ivan podcastima, a Mia aplikacijama i sadržaju. Tako u ovoj epizodi doznajte: ►Kako smo naučili na vlastitim (i skupim) greškama kako upravljati financijama? ►Koji su nam digitalni alati najviše u tome pomagali? ►Koje YouTube kanale pratimo? Koje podcaste? ►Tko je Tetka? ►Kako investiramo, od nekretnina do ETF fondova? ►Je li nam PSD2 donio nužne promjene? ►Jesmo li umočili prste u kripto? _______________

Small is Beautiful: Where Challenger Banks and Fintechs Really ScoreI was in a philosophical mood when I checked in to a Fintechtalk session on Clubhouse on July 28. Why, I asked no one in particular, did the word “success” seem to invariably suggest terms like “large deal”, “double digit growth”, “enterprise solutions” and so on. “Does that imply that to be small is somehow not as cool?” I wondered, as I sat in the digital shadows and looked on silently, and a bit crabby, sipping on a below-average Pina Colada, waiting for the session to begin.As I learned quickly during the session, that's not true at all. There is something very beautiful and inspiring about being small and successful. And you can make a huge difference in your Fintech efforts if you focus on small enterprises.These FINTECHTALK sessions are so addictive. Paddy Ramanathan, the CEO of iValley, a Fintech incubator, conducts a couple of arresting sessions every month and attracts a lot of movers and shakers to his speaker's panel. Thereafter he engages them in very interesting ways. You owe it to yourself to attend.But I digress. Back to the session.The panellists were an impressive and erudite bunch. Take a look:Paul Loberman, Chief Product Officer at untiedAdi Engel, CMO at vcitaNir Netzer, FinTech Innovation Strategist and Founding Partner of Equitech GroupAraminta Robertson, Marketing Consultant at MintcstudiosNathan Baumeister, CEO at ZSuite TechnologiesDerik Sutton, Marketing at AutobooksThey first spent a little time talking about what they do.Adi spoke about their focus on digitizing business operations. Simplifying and automating the day-to-day activities is a huge relief for SMBs for whom time is the most precious commodity.Paul, with an impressive background in banking, focuses on personal tax at untied.  “No one likes to pay tax,” he remarked. He helps SMBs by collecting tax data automatically and submitting forms to the authorities. Again, saving SMB owners lots of time and aggravation.Nathan works with Banks to get them more small business clients. ZSuite deploys niche technologies to help with different kinds of deposits that have different rules that apply to them, for which compliance can be vexing. Time is saved.Are you seeing a repeated theme?At Autobooks, Derek offers reporting tools in digital environments. He helps financial institutions recapture their relationships with clients. Araminta too assists fintech companies acquire and retain clients and develops case studies. And Nir helps create strategies for Fintech, who, he said, are trying to solve unprecedented problems. These are motivated individuals!Paddy asked the panel for their view on the current challenges that small businesses face. Was there really a case for digital transformation and innovation for SMBs, he inquired.The collective opinion of the group was that the technologies and digital initiatives do exist but the really crushing problem is that SMB owners have no time and resources and often no capital to leverage these initiatives! Lack of good valuable advice on appropriate systems is something SMBs face.  In fact, most cannot even articulate what they need. Thus, Fintechs need to find these SMBs and clear the fog, instead of expecting them to ask for help.When 81% of SMBs have no employees, they are consumed by basic challenges such as how to accept payments through various vehicles. These owners want to spend time in their businesses, but they end up being forced to address non-core activities, getting paid, controlling costs, and staying compliant – all of which eat into their time and make them sub-optimal. Almost all face cash flow problems. Putting companies back in control may be a fundamental solution they need!Nir highlighted a unique issue: many young companies are trying to solve problems that did not exist before. Even helping them articulate the problem helps in a big way. Sales and Marketing challenges are also significant.What a thought! And so, if Fintechs can do a deep dive into these new challenges, they can be successful.For instance, SMBs are being forced to deal with bewildering new regulations.  Araminta spoke about how SMBs in Europe are having to learn about PSD2 (customer authentication), SCA, and 3DS2 and ensure they are compliant. Do SMBs have the bandwidth for all this? Well, they don't have much of a choice, because studies show a possible authentication loss of 21%.  In essence this is a new hurdle and requires education. This problem presents a great opportunity for a Fintech.Further, 90% of SMBs are service providers who work with excel, WhatsApp, pen and paper. Digitizing their operations is a huge and rewarding proposition. The complexities of an SMB's business can be intense. As Adi observed, even a Yoga studio has a staggeringly large set of possibilities in terms of processes and payment options. Ultimately it is the triangle of Time, Money and Clients is what needs to be addressed by Fintechs that want to be make an impact in the SMB segment.A lot of interesting points came up:From a Sales and Marketing perspective, new approaches will need to be considered by CBs and Fintechs. The customer must be caught in the right channel.Fintechs who serve SMBs have the challenge of raising enough capital to compete with Square or PayPal, to then reach out to massively underserved markets.Paul hypothesized that we will soon witness the next level of “downtech”, such as Square extending into Shopify. There is a growing market for tech giants, and they can find opportunities to partner with SMB oriented Fintechs. The new wave of Challenger Banks is attractive because of significantly lower fees, an easier onboarding process and so on. And many Fintechs that have no banking license can do payment facilitation. That's actually pretty smart!But something to keep in mind: there is only so much profitability for Fintechs while dealing with SMBs, even though there are plenty to go around.  Partnering with banks has obvious advantages for Fintechs including interchange fees, deposits, and such. At the end, SMB merchants will use Fintechs for better customer experience, with the easiest on-ramps being more successful. SuperApps (which combine multiple services within an app) and the thirst for simplicity will prevail.It all just goes to show that in the banking world, small can be beautiful in stimulating innovation. Fintechs can become unbeatable if they make efforts to solve the issues that resource starved SMBs face in terms of time and capital. Will banks, big tech, super fintechs (Square, Stripe etc), and these other fintechs all converge into an SMB SuperApp, which does Operational, Financial, Sales/Marketing and Regulations stuff? Imagine!The Pina Colada suddenly seemed excellent! I felt good!Connect with us!iValley Innovation Center11040 Bollinger Canyon Rd, E-909San Ramon, CA 94582,The United States.Phone: +1 925-575-7832 Get full access to eFINTECHTALK - iValley's Newsletter at substack.fintechtalk.ivalley.co/subscribe