Money20/20

Jack Henry (JKHY) & Moov Level the Playing Field for US Community Banks in SMB Fintech In the US, small and medium-sized businesses (SMBs) are about to get a banking shake-up. Jack Henry's strategic partnership with Moov isn't just another fintech collaboration—it's a potential game-changer for community banks. By offering a cloud-native, API-first payments solution, they're directly addressing SMB pain points and giving smaller institutions a powerful tool to compete with larger banks and entrenched fintechs. Why this matters: > Community Banks Fight Back: This isn't just about helping SMBs, it's about levelling the playing field. With 78% of financial institutions looking to expand SMB services, this partnership equips community banks with the modern tech they need to attract and retain valuable SMB clients. > SMBs Get More Choice: Tired of the one-size-fits-all approach of big banks? SMBs now have a compelling reason to consider smaller, regional banks that offer the same cutting-edge payment solutions they're used to. > Challenger Banks Get a Boost: This tech could be a stepping stone for challenger banks. They can leverage it early on and then, as they grow, transition to more complex, proprietary solutions. > Watch this Space: This move highlights the ripe opportunity in US SMB banking. We can expect increased interest in technologies that empower smaller banks and give SMBs more choice and control over their finances. Key takeaway: This collaboration is a banking innovation that could ripple through the entire US SMB financial landscape. It's about empowering the underdogs, giving SMBs more options, and fostering healthy competition. We're likely to see more moves like this, as smaller institutions and challenger banks fight for their share of the lucrative SMB market. #Fintech #SMB #CommunityBanks #ChallengerBanks #Payments #VC #USA #BankingInnovation

We're thrilled to announce a new keynote speaker, Gary D. Cohn, Vice Chairman of IBM. From his roles as President & COO of Goldman Sachs to Director of the National Economic Council serving the Executive Office of the President of the United States, Gary brings unique insight into the financial markets, the global economy, and fiscal policy. And now? Gary's turning his focus to the future as Vice Chairman of IBM, working with global business leaders to better understand and embrace the transformative power of AI –among the most significant technological advancement in decades. You don't want to miss Gary's keynote, where he'll dive into macroeconomic trends, the rapidly evolving AI landscape, his vision for the future of financial services and more. Grab your pass before it goes full price on September 6! https://lnkd.in/gT5tY_YW

We've got receipts, and you're going to want to read them! Money20/20's list of attending companies is epic (and still growing)! You can meet anyone and everyone on our attendee list at #Money2020USA to get business done in person AND save some extra cash when you grab your pass right this second. Hurry, THIS FRIDAY is your last chance to save before prices go up. https://lnkd.in/gmBGRFjE

⏰ The clock is ticking! Ticket prices for #Money2020USA are going up this Friday, September 6. Take advantage of savings and secure your pass to the fintech world's most influential event of the year! https://lnkd.in/eZAU8qpc

PayPal Ventures Backs Ume in $15M Round, Signaling BNPL Growth and Pix Adoption in Brazil PayPal Ventures, along with NFX, Globo Ventures, and Clocktower Ventures, have invested $15M in Ume, a Brazilian payment services provider focused on SMBs. This investment, coupled with $20M in debt financing, underscores the growing importance of BNPL and the widespread adoption of Pix in Brazil. What This Means for the Market: > BNPL's explosive growth: Ume's success with BNPL demonstrates a strong appetite for flexible payment options in Brazil. This creates a prime opportunity for fintechs to develop innovative BNPL solutions, particularly those integrated with Pix and tailored to the needs of both online and offline merchants. > Pix as the foundation for innovation: Ume's strategic use of Pix underscores its potential as a catalyst for fintech innovation. We can expect to see more fintechs leverage Pix's real-time payment capabilities to build a wide range of new and innovative products, from micro-loans and instant savings tools to peer-to-peer payment platforms. > Empowering SMBs: Ume's focus on serving small and mid-sized merchants highlights a crucial need in the market. There's a significant opportunity for fintechs to develop specialized financial tools that address the unique challenges and opportunities faced by SMBs. > AI and data-driven personalization at the forefront: As the fintech landscape evolves, expect to see a greater emphasis on leveraging AI and data analytics. This will enable the delivery of hyper-personalized financial experiences, including tailored product recommendations, advanced credit scoring models, and proactive fraud prevention measures. > Open banking and embedded finance as key enablers: With the growing adoption of open banking in Brazil, fintechs have a unique opportunity to offer innovative embedded finance solutions. This could include integrating payments, lending, and insurance products seamlessly within non-financial platforms, creating a more holistic and convenient user experience. #fintech #Brazil #BNPL #Pix #payments #venturecapital

Leaders come to #Money2020USA to hear about the latest innovations in banking, and get a glimpse of what's to come in the future. Don't miss our incredible sessions on topics such as open banking, the regulatory risks of AI, emerging markets, fintech innovations abroad, and so much more! You'll hear from these powerhouse banking execs, including: Laura Marino, VP & General Manager Global Bank Account, Nubank Kartik Kaushik - Managing Director, Head of RBC Clear, RBC J. Christopher Ward - EVP, Head of Enterprise of Payments, Truist Financial  Alejandro Servín - Head of Open Banking, BBVA en México Steven Bufferd, Managing Director, J.P. Morgan Laura Delaine Miller, Executive VP, Strategy and Digital, Frost Chris Britt, CEO & Co-Founder, Chime Sophia Bantanidis, Future of Finance Head, Citi Swati Bhatia, Head of Retail Banking & Transformation, Santander Take a look at our full agenda here! https://lnkd.in/egajDMDe

Beyond Transactions: European Payments Redefined at Money20/20 The future of payments in Europe isn't just about moving money - it's about trust, control, and innovation. That was the key takeaway from our discussions at Money20/20 Europe. We explored the untapped potential of digital wallets and A2A payments, the delicate balance between seamlessness and security, and the massive investments being made in fraud prevention. Industry titans on stage: - Eimear Creaven, President Western Europe, Mastercard: Highlighted the substantial resources dedicated to combating fraud. - Martina Weimert, CEO, EPI Company - European Payments Initiative: Underscored the exciting growth potential in digital wallets and A2A payments. - Expertly moderated by Scarlett Sieber, Chief Strategy & Growth Officer, Money20/20. Check out our latest blog post for a comprehensive look at the trends shaping the European payments landscape. https://lnkd.in/eYkDvW6x #fintech #payments #europe #investment #Money2020 #digitalwallets #fraudprevention #a2a

Curious about the future of payments? You don't want to miss our esteemed speakers at #Money2020USA who are at the forefront of the conversation. Learn from these powerhouse executives, including: Sophia Goldberg, CEO & Co-Founder, Ansa Margaret M Weichert, Chief Product Officer - The Clearing House Dimitri Dadiomov, CEO - Modern Treasury Raj Dhamodharan, EVP, Blockchain & Digital Assets, Mastercard Lucinda Turner, Chief Product Officer, Worldpay Stacy Greiner, CEO, DailyPay, Inc. Olugbenga Agboola, Founder & CEO - Flutterwave Frank Bisignano, Chairman, President & CEO - Fiserv And see what's on the rest of the agenda for Money20/20 here! https://lnkd.in/eYT64aB6

These companies are officially part of the best guest list in Las Vegas! 🎲 🙌 Welcome ALT 5 Sigma (Nasdaq: ALTS), Chargebee, Enformion, Intuit QuickBooks, Localpayment, and Pagaya to Money20/20 USA! Don't miss your chance to connect with the who's who of the money ecosystem, and rub shoulders with fintech leaders who have the potential to change the course of your business. Check out our attending companies list, which is constantly growing! https://lnkd.in/eQv68Qs6 Want to make your own mark at #Money2020USA? Reach out to become a sponsor: https://lnkd.in/en7g_stS

Digital Lending: Redefining Credit Access in the Age of AI Traditional credit scoring models are outdated and exclusionary. Digital lending is changing the game, leveraging AI and alternative data to assess creditworthiness more accurately and inclusively. > This means expanded access to credit for underserved populations. > It means faster and more convenient loan approvals for businesses and individuals. > It means a fairer and more equitable financial system for all. Explore startups focusing on niche lending verticals, leveraging alternative data for credit scoring, and offering embedded lending solutions to platforms and marketplaces. The future of lending is digital and inclusive. #digitallending #fintech #AI #financialinclusion #embeddedlending