FinovateEurope Recap with Greg Palmer, VP and Director of FinTech Strategy (USA)
Update: 2024-04-23
Description
Greg Palmer, VP and Director of FinTech Strategy at Finovate, a series of FinTech conferences in Europe and the US, spoke to spoke to Rudolf Falat, founder of the Voice of FinTech podcast, about key themes emerging at the recent FinovateEurope in London.
Here is what they covered in more detail:
- Intro - Greg's background, Finovate and Finovate London in particular - unique aspects: live demos, enterprise partners and start-ups in one place. There were more attendees and many new ones in London.
- Highlights from the Hot or Not session - Open Banking, Hot or not?:-)
- Meta FinTech – FinTech aimed at helping banks engage with other FinTechs, which is really interesting. This frequently takes the shape of core service providers, or an add on to it, but it’s helping to enable adoption of other innovations. However, are meta FinTechs another gatekeeper that stands in the way?
- AI: Enterprise-grade solutions for anti-fraud, customer experience and compliance/regulation
- Temperature check of incumbents and their take on GenAI as of now
- The funding environment taking a toll, but there are some bright spots on the horizon
- What to expect in 2024 with respect to the above
- Upcoming Finovate editions - Spring in SanFrancisco, Fall in New York and Finovate Awards online
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