What happens when money and tech meet? Magic! That was certainly the case at Money 20/20, the finance industry’s premier event of the year. The MarketInvoice team were there, immersing ourselves with the Fintech and financial services giants that are inventing the future of money.
Held this year in Amsterdam, Money 20/20 is the largest gathering of financial institutions and Fintech businesses in Europe. We joined over 6,000 attendees, engaging with 70 hours of epic content delivered by 350 brilliant speakers covering the most pressing industry-advancing themes.
The event brought together some seriously cutting-edge tech such as facial scan payments and the ability to complete online forms by voice. There were talks about innovation, Open Banking and the importance of investing in cybersecurity – to name a few. We wanted to share some of our key takeaways with you; chiefly, the emphasis on innovation and partnerships.
Banks across Europe are reinventing themselves to keep up with their evolving consumer and business customer bases. They’re creating new off-shoot brands which are digital-first and tech-savvy that can adapt to the current (and future) needs of their users.
Whilst some banks are going it alone to retain their customer base, others like Barclays, are taking a wider view. In partnering with MarketInvoice, Barclays is able to provide an enhanced product offering to their customer base with expert and exceptional customer service levels.
Our open modular platform means that we can expand the range of finance solutions we offer and help even more businesses, not just in the UK but across the world. It is open to collaboration with a wide range of partners who share our passion for celebrating and supporting entrepreneurs.
Magic really happens in a place outside of our comfort zones. Yes, combining tech and money will yield innovation but it has to have a purpose. For us, this purpose is making finance quick and easy so entrepreneurs can focus more time on what they do best: growing their business.