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Fintech Collaboration Drives Innovation

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Money20/20 Europe Recap: Fintech Collaboration Drives Innovation

At Money20/20 Europe earlier this month, the fintech industry's top minds convened to discuss the future of banking. Moderated by Barbara Baarsma of PwC and the University of Amsterdam, the session featured insights from:

  • Kirsty Rutter (Group Fintech Investment Director, Lloyds Banking Group)
  • Francesco Simoneschi (CEO & Co-Founder, TrueLayer)
  • Fernando Zandona (CEO, Mambu)

Three key takeaways emerged, highlighting the importance of collaboration in driving digital transformation in banking:

  1. Embrace Collaboration: Banks must partner with leading technology providers like hyperscalers, digital banking platforms, and fintechs to accelerate innovation and deliver exceptional customer experiences.

  2. Flexibility is Key: A flexible technology ecosystem allows banks to adapt swiftly to market changes and continuously innovate.

  3. Blend and Thrive: Banks should strategically combine internal capabilities with third-party innovations to optimize operational efficiency, enhance customer experiences, and maintain a competitive edge.

These insights align perfectly with the mission of TwentyFold, the fintech intelligence platform powered by Money20/20. By offering access to a comprehensive fintech database and advanced search tools, TwentyFold supports banks in identifying the best partners and solutions to drive their digital transformation.

With Money20/20 USA just around the corner in October, we anticipate even more groundbreaking discussions and insights as the global fintech community gathers once again.

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TwentyFold has accelerated our innovation strategy. We've identified and partnered with disruptive fintech startups that are reshaping the banking landscape. It's a powerful tool for driving real change..

Chief Innovation Officer

Global Bank