FinTech Magazine August 2020 | Page 28

Airwallex VP of Global Banking , James Butland , discusses COVID-19 , innovation in payments technology and the future of fintech
FINTECH

Airwallex VP of Global Banking , James Butland , discusses COVID-19 , innovation in payments technology and the future of fintech

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D isruption and change underpin the rise of the fintech sector . Whether innovative , cutting-edge technologies or new , digital-first business models , success in fintech and the broader financial services industry relies in no small part on navigating this disruption . It may be why the fintech sector has been keenly watched during the COVID-19 global pandemic . Like all industries , fintech has faced its challenges – 22 % of UK fintech jobs being at risk , according to one report , for example – but with many fintechs demonstrating their ability to be agile and flexible enough to diversify and actively engage in combating COVID , there has been great interest in how the sector will transition through the pandemic .

James Butland , VP of Global Banking at international payments provider Airwallex , is no stranger to change . Butland has been active in the financial services industry since 2007 , working for both incumbents ( including during the 2008 financial crisis ) and , more latterly , fintechs . Prior to joining Airwallex , he headed up European Banking at Transferwise , managing and expanding the company ’ s existing European banking network and scaling up product development .
AUGUST 2020