FinTech Magazine October 2024 | Page 7

FOREWORD HOW DIGITAL ECOSYSTEMS ARE CHANGING FINTECH , BANKING AND INSURANCE

This month also sees the return of our flagship

FinTech LIVE London event , on

22-23 October

2024 . For your chance to attend , simply click here ”

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Ecosystems , particularly in the context of fintech , are vast , complex , and difficult to define , yet they provide a wide range of benefits to companies across various industries .

One of the most crucial steps in building and sustaining an effective ecosystem is determining its scope – the boundaries and limits within which the ecosystem will operate .
When well-defined , the scope acts as a guide that helps businesses avoid overextending resources or diluting their value propositions , making the ecosystem more resilient and purpose-driven .
In this issue , we explore what makes a good digital ecosystem and the benefits its participants can reap from involvement .
We ’ ll also explore the evolution of ePOS systems , and how smart solutions are transforming business operations , as well as analyse the growing importance of ESG and ethical investment in the fintech space .
In addition , we ’ ll look at the next decade in financial services innovation , focusing on the rise of autonomous financial ecosystems , universal digital currencies and a burgeoning virtual economy .
Don ’ t forget to check out our Top 10 too , where we survey the leading fintech hubs from across the globe .
This month also sees the return of our flagship FinTech LIVE London event , on 22-23 October 2024 . For your chance to attend , simply select the ‘ Events ’ dropdown on the website to secure your attendance .
And , of course , there is always plenty more content – brought to you daily – over on fintechmagazine . com . Enjoy our latest issue .
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