What an incredible day at The 3rd Financial Innovation Forum.
I had the pleasure of connecting with some truly inspiring professionals, including David Messenger, Maximilian Hess and Francis Gross . The conversations we shared were insightful, and it’s amazing to see how much passion and innovation everyone brings to the table.
The panel discussions were absolutely enlightening, to mention a couple:
- John Mowat, Alison Donnelly, David Malley and Eva Taleva-Borislavova shared some powerful perspectives on the evolving landscape of digital payments in the UK, moderated by none other than Tony Craddock.
- Maximilian Lehmann, Hinal Patel, David Messenger, Paul Bedford, Luciana Mosoia, and Gary Palmer led an engaging discussion on the latest advancements in cross-border B2B payments moderated by Janusz Diemko.
Some key takeaways from the panels:
1- Mobile Money Networks & Wallets:
Mobile wallets and money networks are central to driving financial inclusion, especially in regions like Africa, Asia, and Brazil, where many people lack traditional bank accounts but can access mobile networks and phones.
2- Customer-Centric Financial Solutions:
The future of financial services focuses on being fast, reliable, affordable, and seamless, with a strong emphasis on user experience.
3- Evolving Financial Trends:
While debit cards still dominate, there’s a rapid shift towards open banking solutions, reflecting a broader trend of evolving financial infrastructure.
4- Global Financial Inclusion:
Cross-border fund transfers from developed to developing nations are enhancing financial inclusion for people without access to traditional banking, such as immigrants and individuals in emerging markets.
5- Regional Innovation & Regulations:
Countries like Brazil (via Pix) and India are leading innovations in financial interconnectivity, while Australia is catching up. However, Europe’s financial processes seem to have slowed in comparison.
6- Regulatory frameworks are evolving to be more flexible and clear, which will further drive financial inclusion and innovation globally.
7- Future of Legislation:
Upcoming changes in specific regulations will shape the future of financial services, with flexibility and clarity playing a crucial role in these transformations.
As someone at RTGS.global, I felt reassured that we are on the cutting edge of these solutions—our work directly addresses the key issues highlighted, from interoperability to speed, transparency, and financial inclusion. It’s exciting to be part of an organization that is actively advancing the future of cross-border payments!
Thank you to everyone for the meaningful conversations and to the organizers QUBE Events for putting together such a stellar event. Looking forward to staying connected and seeing where these conversations take us next! 🚀✨
