One of the biggest conferences in the US fintech space, Money20/20 Las Vegas, is launching in Europe for the first time this April in a move that speaks to the region’s growing reputation as a launching ground for financial tech startups. The organisers have chosen Copenhagen rather than the perhaps more obvious choice of London, a gesture that points to the fact that European fintech is bigger than the UK capital and highlights the growing strength of different hubs across the region.
During an interview in the Finetics™ Studio by The Bancorp at Money20/20 in Las Vegas, we sat down with Pat Patel, content director at Money20/20 Europe to talk about Europe’s burgeoning fintech scene and what to expect from the show next month.
“For me the most exciting thing is the startups and hubs growing across Europe,” says Patel. “Obviously the natural limelight is on London, but amazing tech hubs are emerging in places like Berlin, Paris, Frankfurt, Copenhagen and Stockholm. You’re seeing fintech startups fundamentally changing traditional payments and banking services
“We’re taking the model that’s made the Vegas show super successful and augmenting that with the European community. We’re thinking long and hard about what makes Europe different – the opportunities and challenges in Europe are completely different than what’s happening in the US marketplace.”
Access more insights on fintech trends in Europe from Kriya Patel, The Bancorp MD of payment solutions in Europe, and many more on The Bancorp’s Finetics blog.
As the countdown to Christmas begins, Jim Wadsworth, managing director at Accura, pinpoints five ways businesses can prevent fraud and avoid targeted risks.
Payment terminals have stayed the same over the last 10 years, with steady advances in contactless and mobile wallet transactions. Retailers and brands are making a conscious effort to get closer to consumers.
Insurers went online a long time ago, but one of the major challenges has been creating an online experience that can handle the relatively complex insurance “form-filling” process. Jonathan Attwood, CEO of Fospha, explains how his company's toolset can help insurers more accurately track their customers' behaviour.
In this guest post, Lee Britton, commercial director of Prepaid Financial Services, contrasts the fortunes of fintech startups that choose to scale with the backing of major banks with those that opt to go it alone.