Mehdi Sardaoui’s Post

🌍 The Evolving Dynamics of Cross-Border Payments 🌍 In today’s interconnected world, customers demand instant, 24x7, transparent, and frictionless payment experiences. This extends to cross-border payments, driven by globalization, advancements in payment technologies, and regulatory pressures. Traditional banks are struggling with outdated technology, losing market share to fintechs. The value of cross-border payments is projected to reach USD 250 trillion by 2027. Key initiatives like BIS Nexus and One-Leg Out Instant Credit Transfer are streamlining international transactions, promoting global commerce and economic growth. Read more in the Finastra report: https://okt.to/A9QsGe #CrossBorderPayments #Fintech #GlobalCommerce #Innovation #FinastraPayments

Day 2 of Money20/20 Europe in Amsterdam 🇳🇱 => Focus on open banking with ✯ Helen Child ✯ Open Banking Excellence (OBE) ✔️The USA already have a real open banking paradigm 🇺🇲 ✔️In the UK 🇬🇧, there is a strong maturity in the field of open banking and this paradigm is above all how to work together ✔️In the field of open banking, crossborder transactions are still a minority ✔️It is important to pay a strong attention to the value of data ✔️There are also technical gaps to address, for instance in the field of interoperability ✔️Standards, protocols, security can play a strong role in the evolution of open banking #payments #innovation #finance #openbanking PARTELYA CONSULTING European Women Payments Network (EWPN) AEFI Asociación Española de FinTech e InsurTech AFIP - FinTech and InsurTech Portugal CLUB ITALIE-FRANCE AFTE Finance Mag The PAYTECH Book Portuguese Women in Tech Merchant Payments Ecosystem

"How BaaS is Revolutionizing the European Banking Landscape" 𝐌𝐚𝐫𝐤𝐞𝐭 𝐕𝐚𝐥𝐮𝐞 : The Europe Banking-as-a-Service (BaaS) market was valued at USD 116.98 billion in 2023, with projections indicating a 9.4% growth rate in revenue. 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 : Banking-as-a-Service (BaaS) allows the seamless integration of financial services into various consumer activities on non-financial platforms, such as e-commerce, travel, and telecom. This enables services like taking a loan while booking a trip, purchasing micro-insurance for new items, or securing instant working capital loans for small businesses through e-commerce sites. 𝑪𝒍𝒊𝒄𝒌 𝒉𝒆𝒓𝒆 𝒇𝒐𝒓 𝒇𝒓𝒆𝒆 𝒔𝒂𝒎𝒑𝒍𝒆 + 𝒓𝒆𝒍𝒂𝒕𝒆𝒅 𝒈𝒓𝒂𝒑𝒉𝒔 𝒐𝒇 𝒕𝒉𝒆 𝒓𝒆𝒑𝒐𝒓𝒕:  https://lnkd.in/d4tc_Dfn 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬 : SolarisBank offers a modern REST API that lets clients integrate financial services into their platforms. Focused on automation and providing seamless infrastructure, the company helps users build scalable financial solutions.  A member of Mastercard and regulated by the French Prudential Supervision and Resolution Authority, Treezor was acquired by Societe Generale in 2018 to enhance its open innovation efforts. 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 : The European BaaS market is experiencing rapid growth, driven by the increasing demand for seamless financial services integration across various industries. Consumers are increasingly turning to non-financial platforms, such as e-commerce, travel, and telecom, for banking solutions, fueling the expansion of fintech services. 𝑼𝒏𝒍𝒐𝒄𝒌 𝒚𝒐𝒖𝒓 𝒆𝒙𝒄𝒍𝒖𝒔𝒊𝒗𝒆 𝑷𝑫𝑭 𝒏𝒐𝒘! https://lnkd.in/dh8GpRjT 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐠𝐢𝐨𝐧 : Germany is a leading FinTech hub in Europe and the fourth-largest globally. Many FinTech companies are setting up operations in the country, offering innovative and customer-focused financial services through technology. The growing appeal of the German market has attracted international FinTech firms, with services also extending to other EU countries via EU passporting. #EuropeBaaS #BankingAsAService #FinTechInnovation #DigitalBanking #OpenBanking #BaaSMarketGrowth #FinTechRevolution #FutureOfBanking #FinancialServicesTech #BaaSTrends #BankingTransformation #FinTechEurope #EmbeddedFinance #PaymentSolutions #TechDrivenBanking #BaaSAdoption #BankingInnovation #DigitalFinance #EUFinTech #ScalableBanking

🌟 Konsentus Featured in The Paypers Open Finance Report 2024 🌟 We're thrilled that Konsentus has been featured in The Paypers' 2024 Open Finance Report capturing the evolution of Open Banking and Open Finance globally. In this year’s report, our CEO, Mike Woods, explores the political and operational challenges of Open Banking adoption and highlights how innovative technology, like the Konsentus Open Trust Platform, plays a pivotal role in creating a secure, seamless ecosystem for financial data sharing. At Konsentus, we specialise in equipping central banks, regulators, payment system providers and financial institutions with the technology and central infrastructure required to implement or participate in secure, API-driven Open Banking/Finance ecosystems. Trust and security are at the core of everything we do, ensuring open ecosystem participants can confidently identify each other and interact within a safe environment. 📖 Download the full report to explore the future of Open Finance and discover how Konsentus is enabling a safer, more inclusive financial landscape: https://lnkd.in/eCVu5etm #OpenBanking #OpenFinance #Innovation #Trust

Delighted to see Konsentus featured in The Paypers Open Finance Report 2024! In the report, I discuss the key political and operational challenges facing Open Banking and the vital role of trust frameworks in driving secure, compliant ecosystems. As Open Banking and Open Finance evolve, it’s exciting to see the industry working together to advance innovation, competition and financial inclusion.  A big thank you to The Paypers for showcasing these critical discussions. The journey ahead is challenging but full of opportunities for those ready to embrace them. 📖 Read more here: Open Finance Report 2024 - ThePaypers #OpenBanking #OpenFinance #Innovation #Trust 

🔍 𝗔𝗼𝘁𝗲𝗮𝗿𝗼𝗮’𝘀 𝗢𝗽𝗲𝗻 𝗕𝗮𝗻𝗸𝗶𝗻𝗴 𝗟𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲 – 𝗞𝗲𝘆 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝟮𝟬𝟮𝟰 𝗢𝗽𝗲𝗻𝗳𝗶𝗻𝗮𝗻𝗰𝗲𝗔𝗡𝗭 𝗥𝗲𝗽𝗼𝗿𝘁 🔍 We were delighted to support OpenFinanceANZ on this new report (alongside Mastercard, Payments NZ, and FinTech Australia). It provides a valuable snapshot of the current ecosystem and what lies ahead. 🚀 📊 80% of consumer bank accounts are now covered by open banking initiatives, and major banks are leading the way in adopting API standards. 💡 Top insights: Payments use cases are leading at 76% 73% of participants use multiple data access methods The CPD Bill is set to accelerate standardisation in 2025 With regulation on the horizon and collaborative opportunities with Australia, Aotearoa is well-positioned to build a competitive and consumer-friendly open banking environment. 🌏 Swipe through for more highlights or read the full report here ➡️ https://lnkd.in/gudyds5D #OpenBanking #FintechNZ #DigitalInnovation #ConsumerData #Aotearoa #APIs #FintechCommunity #DataRights #FinancialServices Jason Roberts Graeme Muller NZTech

𝐌𝐚𝐬𝐭𝐞𝐫𝐜𝐚𝐫𝐝 𝐀𝐜𝐜𝐞𝐥𝐞𝐫𝐚𝐭𝐞𝐬 𝐆𝐥𝐨𝐛𝐚𝐥 𝐅𝐢𝐧𝐭𝐞𝐜𝐡 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 𝐰𝐢𝐭𝐡 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐄𝐱𝐩𝐫𝐞𝐬𝐬 𝐄𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧 Fintechs across Africa, the Middle East, Europe, and North America can now launch card programs in as little as 15 days, thanks to Mastercard's expanded 𝙿𝚛𝚘𝚍𝚞𝚌𝚝 𝙴𝚡𝚙𝚛𝚎𝚜𝚜 𝚙𝚕𝚊𝚝𝚏𝚘𝚛𝚖[Mastercard Product Express is the new name for Fintech Express]. This global rollout, building on its successful Latin American debut, slashes traditional card program launch times from months to mere weeks. The platform's rapid adoption by key industry players like i2c Inc., Blusalt Financial Services Limited, and FOO signals a major shift in how financial technology products reach the market. The timing couldn't be more strategic. As digital banking adoption soars and challenger banks multiply, Product Express effectively demolishes the traditional barriers to entry for innovative financial products. The platform's streamlined approach - offering pre-approved card designs, live BINs, and certified partner selection - creates a plug-and-play ecosystem that particularly benefits emerging markets where financial infrastructure gaps have historically hindered innovation. Looking ahead, Mastercard's planned expansion into global payment acceptance solutions through its Gateway services reveals broader ambitions. This move positions Product Express as a comprehensive financial infrastructure solution, not just a card issuance platform. For fintech founders and financial institutions alike, this development represents a crucial shift in how banking products are conceived, developed, and deployed globally. The real winner? Consumers in previously underserved markets who will gain faster access to innovative financial services. #PaymentTechnology #FinTech #DigitalBanking #FinancialInclusion

The Open Finance Report 2024 is now available for download! Download your free copy now and find out the latest trends, key regulatory developments, the plethora of use cases, and discover the key players of Open Banking and Open Finance. https://bit.ly/3AP25KJ #ThePaypers #report #OpenBanking #OpenFinance

The Landscape of Cross-Border Payments is Changing In our increasingly interconnected world, consumers now expect payment solutions that are instant, accessible around the clock, transparent, and seamless. This demand is particularly pertinent in the realm of cross-border transactions, influenced by globalization, technological advancements in payment systems, and emerging regulatory demands. Traditional financial institutions are grappling with legacy systems, leading to a loss of market dominance as fintech companies rise in prominence. The total value of cross-border payments is anticipated to soar to USD 250 trillion by 2027. Initiatives such as BIS Nexus and One-Leg Out Instant Credit Transfer are enhancing the efficiency of international transactions, fostering global trade and economic advancement. For a deeper understanding, read the Finastra report: https://okt.to/VEKqgF #CrossBorderPayments #Fintech #GlobalCommerce #Innovation #FinastraPayments

Innovate with agility: adopt a "Buy & Build" approach 🏗️ Financial institutions want to innovate faster to stand out from the crowd and bring value to customers in a highly competitive market. There are two ways to develop their own solution: using internal resources or turning to an external, off-the-shelf solution. Whereas companies had to choose in the past, they now have a new option: combining these two methods and their respective advantages… Decoding 🕵️♀️ FR version: https://bit.ly/49jAXzf Collectif API Thinking France FinTech Finance Innovation AEFI Asociación Española de FinTech e InsurTech The LHoFT - Luxembourg House of Financial Technology The Payments Association EU FINTECH BELGIUM Fintech District Holland FinTech AFIP - FinTech and InsurTech Portugal Fintech Norway SweFinTech European Digital Finance Association Fintech Association of South Africa (FINASA) Ghana Fintech and Payments Association Association of Fintechs in Kenya Fintech Association Of Nigeria FinTecHub Rwanda Fintech Association of Uganda Tanzania FinTech Association (TAFINA) FinTech Association of Tanzania Fintech Association Of Kenya #innovation #fintech #banking #openbanking #api #financialservices #corebanking #cloud #data #buy #build #designsystem https://lnkd.in/eiSkx2pX