BBE: Live Coverage at Money20/20 Europe 2023
Money20/20 Europe, the premier financial services conference in Europe, provided a platform for industry leaders, regulators, and startups to converge and share their insights. In this comprehensive coverage, we delve into three podcast episodes — 179, 180 and 181 — where prominent figures in the fintech space discussed groundbreaking solutions and innovative ideas. Through the ideas of companies representatives from Rivero, Paymentology, Thunes, PayEd — Education in Payments, OpenPayd, and the story of OnlyFans’ content creator — Lewis Buchanan, we explored the transformative power of technology in shaping the future of financial services.
In the first episode, Elizabeth Kleinveld interviewed live from the #MoneyPot stage — a company that drives efficiency in payment operations, being the first Visa solution in their country: Rivero, a pioneering fintech partner based in #Switzerland. Founders Fatemeh Nikayin, PhD and Thomas Müller provided an overview of their innovative software-as-a-service products. They simplify scheme license compliance, ensuring banks align with payment networks’ regulations and facilitates the digitalization of fraud recovery and dispute management processes. Rivero’s focus at Money 20/20 Europe was to forge connections and collaborations, aiming to enhance the efficiency of the payment industry.
Abe Smith from Paymentology was interviewed at their impressive booth by Don Ginsel, and emphasized the importance of data insights in providing personalized products to customers. By leveraging data analysis, Paymentology aims to drive innovation and enhance customer experiences in the payment space while together with John Ryan, representing PayEd — Education in Payments, underlined the significance of payments education. During the discussion with John, he underlined the importance for individual to be willing to do the hard work and be ready for startup opportunities while suggesting the importance of collaboration. In particular, his business focuses on providing education to graduates entering the industry and executives who want to stay updated on payment developments and they do so by offering online courses that cover various topics related to payments, including regulation, cards and schemes, open banking, and digital innovation.
In the second episode — powered by Thunes, we featured Andrew Stewart, CEO of the global payment solutions provider that offer its client the ability to pay out in approximately 130 countries worildwide, and Ivan Maryasin from Monite, an expert in interoperable ecosystems. Stewart highlighted the company’s commitment to transparency and instant delivery of funds across various payment instruments, not only to bank accounts but also to wallets and other popular payment instruments. Their innovative approach aims to address friction points and enhance the payment experience for businesses and individuals alike. Maryasin shed light on their platform, enabling businesses to incorporate invoicing, billing, and payment functionalities seamlessly. This approach saves time and resources for businesses while providing a hassle-free experience for clients.
Following up on them, Iana Dimitrova, CEO of OpenPayd, discussed embedded finance solutions. Open Payd’s platform offers virtual IBANs, payment accounts, access to faster payments, SWIFT network integration, and embedded foreign exchange services through APIs. Dimitrova emphasized the importance of regulatory compliance and building trust with customers to safeguard their assets. OpenPayd envisions a future where financial services become embedded in different sectors, expanding the reach of financial products and services.
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To conclude, with “switched” into the creators’ economy sector and the impressive personal journey of Lewis Buchanan. He discussed his decision to partner with OnlyFans and highlighted the benefits including fostering a closer connection with fans and creating a safer community. The partnership allowed him to be more authentic, unique, and independent while evolving the relationship between creators and brands and his personal financial planning situations.
Money 20/20 Europe showcased the cutting-edge solutions and visionary ideas driving the fintech landscape. Our guests’ insights highlighted the transformative power of technology in payments. As the industry evolves, these companies and individuals are revolutionizing payment systems, fostering interoperability, and pioneering embedded finance solutions. With continuous innovation and collaboration, the future of payments looks promising and sets the stage for a seamless and secure financial ecosystem.
Stay tuned for more groundbreaking discussions and interviews.
📺 Watch the full episode 179 here: https://www.youtube.com/watch?v=kuf7iU31g2s
📺 Watch the full episode 180 here: https://www.youtube.com/watch?v=OAeJV1BTNFE
📺 Watch the full episode 181 here: https://www.youtube.com/watch?v=8Aj0TCO-5xw
Article by Andrea De Caro
