The first panel session of Money20/20 Europe is set to focus on the shift in the financial climate and industry leaders. As the title of the session suggests, ‘Champions are out, and interoperability is in’ as the role of mega-companies no longer involves monopolising the marketplace. Instead the digital ecosystem is the focus of discussion and the reason why so many new fintechs are thriving and scaling. 

The role of Open Finance is a key component of cooperative management and business transaction, as organisations work together and collaborate to grow, rather than compete to be at the top alone. 

The panel will be led by Aliya Das Gupta, senior VP of Sygnum Bank. She will moderate the discussion, which includes Peter De Caluwe, CEO of Thunes, John Broxis, managing director of Open Banking Exchange, Sam Seaton, CEO of Moneyhub and Todd Schweitzer, CEO and founder of Open Banking Exchange Asia.

A summary of the session on the Money 20/20 Europe website reveals: “Following the double whammy of a global pandemic and the conflict in Ukraine, inflation rates are at levels not seen since the 1970's in many Western countries. 

“Open finance presents an opportunity to cushion the blow, if implemented intelligently and collaboratively. This panel discussion with experts across the open banking and finance industries will explore ways that the industry can get ahead of the problem to be more proactive.”

We’ll be there at the event too. We have a stand (Hall 7, Stand E20) and we’re looking forward to having lots of interesting discussions with both new and established market players. As part of the event, we are also offering attendees the opportunity to join us at our own FinTech Live event in London in November, through using our special 50% off promo code, MONEY2020 when registering your attendance.

As the markets show signs of recovery from the recent cryptocurrency crash, we look at five new trends emerging from the crisis …

Arthur Caplin, solicitor and specialist in tech and crypto regulatory matters at law firm BLM, discusses Meta’s latest venture into cryptocurrency. …

The advance of technology is providing us with new ways to pay. So what are digital wallets, how do they work and what will their future look like? …

FinTech Magazine is the Digital Community for the Financial Technology (FinTech) industry. FinTech Magazine covers banks, challenger banks, payment solutions, technology platforms, digital currencies and financial services - connecting the world’s largest community of banking and fintech executives. FinTech Magazine focuses on fintech news, key fintech interviews, fintech videos, along with an ever-expanding range of focused fintech white papers and webinars.