FINTECH to upgrade effectively to meet growing customer demands . The end game here is to solve the problem of managing and handling cross border payments and banking services while reducing the cost , time spent and complexity .
“ By leveraging Banking Circle ’ s cloudbased technology , payments businesses and fintechs get access to the best options for delivering cross border payments , including FX , and all while remaining compliant with the myriad of regulation that goes with financial services . This enables our clients to focus their resources on their own customer relationships and seize opportunities in the new economy .”
Daumantas Dvilinskas : “ Fintechs must remain secure and fit for purpose as the world continues to change around us . Part of this is ensuring they have the necessary talent and skills to execute and win . True innovation comes through diversity of thought and background , and fintechs will stay ahead of the curve if they can continue to appeal to a variety of talent . This means offering opportunities to be creative , work on transformative projects and help shape the future of the industry . “ Staying ahead of the curve will be about continuing to foster relationships with other industry players . Up to this point , the fintech industry has grown and matured thanks to its ability to work with traditional financial institutions , partner together to scale products and services , and continue to reach those otherwise excluded by the system . With frameworks such as Open Banking and PSD2 taking hold , these partnerships will be as critical as ever in taking advantage of accommodating regulatory environments and keeping the wheels of innovation turning .”
Anders la Cour
TITLE : CEO AND CO-FOUNDER COMPANY : BANKING CIRCLE
Banking Circle . The company was launched in 2015 with Laust Bertelsen and with support from Saxo Bank . The co-founders identified that the business of cross border payments was costly , but could see that e-commerce was going to be fundamental to global economic growth . Correspondent banking networks underpinned by legacy tech were holding that growth back . Banking Circle provides access to a modern payment solution .
Daumantas Dvilinskas
TITLE : CEO COMPANY : TRANSFERGO