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What do you think of secondary market trading (via ATS) for the private markets? Please see this post and especially my comment (if you like it, please "like" it!).
https://www.linkedin.com/feed/update/urn:li:activity:7203938847238365185/
https://www.linkedin.com/feed/update/urn:li:activity:7203938847238365185/
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The globalization of finance
The payment and banking
sectors needs to adapt to meet growing demand,
evolving into truly international operations. However,
this comes with its challenges.
Banking regulations and rules vary significantly across
countries, making the process of international money
transfers more complex and compliance more
stringent.
Today, companies engaged in international
payments and banking face an unprecedented number
of regulations to adhere to, risks to manage, and fees
to consider. Moreover, keeping pace with new
technologies, such as the still largely unregulated cryptocurrencies, adds to the complexity.
Payment
professionals must adapt to both traditional banking
practices and the rapidly changing landscape of
digital payments. Managing
these multifaceted
challenges is critical, which has increased the demand
for payment experts and global banking professionals.
Many international businesses are in need of this
expertise but struggle to find the right talent to help
them with their payment and banking issues on a daily
basis.
To read my full article: Page 1`4-15 at Game Changers Magazine edition 50 https://issuu.com/paulgc/docs/game_changers_49?utm_medium=referral&utm_source=gchangersmag.com
The payment and banking
sectors needs to adapt to meet growing demand,
evolving into truly international operations. However,
this comes with its challenges.
Banking regulations and rules vary significantly across
countries, making the process of international money
transfers more complex and compliance more
stringent.
Today, companies engaged in international
payments and banking face an unprecedented number
of regulations to adhere to, risks to manage, and fees
to consider. Moreover, keeping pace with new
technologies, such as the still largely unregulated cryptocurrencies, adds to the complexity.
Payment
professionals must adapt to both traditional banking
practices and the rapidly changing landscape of
digital payments. Managing
these multifaceted
challenges is critical, which has increased the demand
for payment experts and global banking professionals.
Many international businesses are in need of this
expertise but struggle to find the right talent to help
them with their payment and banking issues on a daily
basis.
To read my full article: Page 1`4-15 at Game Changers Magazine edition 50 https://issuu.com/paulgc/docs/game_changers_49?utm_medium=referral&utm_source=gchangersmag.com
The Complexity of Building Payment and Banking Teams
Creating an effective banking and payment team is crucial for online businesses, relying on the skills of accountants, lawyers, and developers. Accountants handle financial management, including budgeting and processing fees, and ensure accurate recording and reconciliation of transactions. Lawyers navigate regulatory landscapes to set up frameworks for contracts with payment providers, essential for compliance and risk management.
Developers maintain the technical infrastructure necessary for seamless payment processes, managing system connectivity and data security standards like PCI DSS, and preventing service disruptions.
However, finding one person with all these skills is challenging, especially for smaller companies. Larger businesses may hire specialists for each role, but smaller ones often depend on external consultants, increasing costs and complicating coordination.
Moreover, building a payment team is not a one-time task. Continuous adaptation to new regulations and technologies is required, involving ongoing updates and strategic planning. This may mean allocating resources for regular training and support or forming partnerships with external experts to ensure compliance and operational efficiency at a lower cost.
For more information, read my article here: https://www.linkedin.com/pulse/complexity-building-payment-banking-teams-viktoria-soltesz-5wf2e/?trackingId=XyM3HQbxTIm48cPkZFa6ZA%3D%3D
Creating an effective banking and payment team is crucial for online businesses, relying on the skills of accountants, lawyers, and developers. Accountants handle financial management, including budgeting and processing fees, and ensure accurate recording and reconciliation of transactions. Lawyers navigate regulatory landscapes to set up frameworks for contracts with payment providers, essential for compliance and risk management.
Developers maintain the technical infrastructure necessary for seamless payment processes, managing system connectivity and data security standards like PCI DSS, and preventing service disruptions.
However, finding one person with all these skills is challenging, especially for smaller companies. Larger businesses may hire specialists for each role, but smaller ones often depend on external consultants, increasing costs and complicating coordination.
Moreover, building a payment team is not a one-time task. Continuous adaptation to new regulations and technologies is required, involving ongoing updates and strategic planning. This may mean allocating resources for regular training and support or forming partnerships with external experts to ensure compliance and operational efficiency at a lower cost.
For more information, read my article here: https://www.linkedin.com/pulse/complexity-building-payment-banking-teams-viktoria-soltesz-5wf2e/?trackingId=XyM3HQbxTIm48cPkZFa6ZA%3D%3D
The complexity of Building Payment and Banking Teams
Setting up an effective banking and payment team is crucial for any online businesses. The challenge of sourcing the right talent however is a crit...
Trending Updates
Master C.
Jan 8, 2023

We are looking for the best of the best from our members to join our Premier Master Enabler Program. Focusing right now on International Expansion and New Market Entry professionals for Europe, Latin America, and the USA. Interested in learning more message Master Connector here or email - masterenabler@fintechconnector.com
1 comment
Master C.
Aug 9, 2022

Meet our FinTech Connector Switzerland Cruise sponsors on September 9th in Zurich.
Lloyd's & Partners (VIP Gold Sponsor) and VISA Europe (Premier Sponsor).
We want to thank Lucas T. Landolt (Lloyd's & Partners), Adrian Burgi (Lloyd's & Partners) and Santosh Ritter (VISA) for your support and we look forward to meeting you in Zurich.
There is still time to RSVP for our premier event of the year - https://www.eventbrite.com/e/fintech-connector-switzerland-networking-lunch-cruise-vip-dinner-registration-239437362597
Thank you Fabian Lehner for organizing this event for our FinTech Connector members and partners.
#FinTechConnector #Switzerland #Zurich #Event
Lloyd's & Partners (VIP Gold Sponsor) and VISA Europe (Premier Sponsor).
We want to thank Lucas T. Landolt (Lloyd's & Partners), Adrian Burgi (Lloyd's & Partners) and Santosh Ritter (VISA) for your support and we look forward to meeting you in Zurich.
There is still time to RSVP for our premier event of the year - https://www.eventbrite.com/e/fintech-connector-switzerland-networking-lunch-cruise-vip-dinner-registration-239437362597
Thank you Fabian Lehner for organizing this event for our FinTech Connector members and partners.
#FinTechConnector #Switzerland #Zurich #Event

5 comments
Master C.
Jun 17, 2022

As the global economic environment is shifting, now more than ever partnering with the right organizations to increase business opportunities, focus on revenue growth, and drive innovation is critically important.
We can help you on your fintech and innovation journey.
Click on the link to learn more and let's jump on a call to discuss your business objective - https://www.fintechconnector.com/organizations
#FinTechConnector #Innovation #Partnerships #BusinessDevelopment
We can help you on your fintech and innovation journey.
Click on the link to learn more and let's jump on a call to discuss your business objective - https://www.fintechconnector.com/organizations
#FinTechConnector #Innovation #Partnerships #BusinessDevelopment

3 comments
Angel L.
Jan 11, 2023

I wrote an article that highlights the opportunities and challenges of digital transformation in banking and covers points on having a well-thought-out plan, organizational culture, and how to get started with partners that have done it already.
Click to read the article - https://www.fintechconnector.com/blog-actual/2023/1/9/innovating-banks-start-with-a-digital-transformation-plan
Sharing with our Financial Service Automators - Vikas Bansal Erik Gillet Darrell Wright Luisa Franco Batu Sat Simon Weifenbach Les Riedl Andy Lin Jenna Chamra Craig Schwartz Robert Lacoursière Michael Montecuollo Jonathan Blessing Christin Nagel Shweta Mahajan Michael Young Martina Rousseau Ridham Modi Trena Blair Jen Gonzalez Carlos M. Mendes
Click to read the article - https://www.fintechconnector.com/blog-actual/2023/1/9/innovating-banks-start-with-a-digital-transformation-plan
Sharing with our Financial Service Automators - Vikas Bansal Erik Gillet Darrell Wright Luisa Franco Batu Sat Simon Weifenbach Les Riedl Andy Lin Jenna Chamra Craig Schwartz Robert Lacoursière Michael Montecuollo Jonathan Blessing Christin Nagel Shweta Mahajan Michael Young Martina Rousseau Ridham Modi Trena Blair Jen Gonzalez Carlos M. Mendes

3 comments
Stephen W.
Mar 18, 2022

See our recent WealthTech 2022 report for a range of viewpoints and thinking on the main trends for WealthTech in 2021/2022.
https://www.thewealthmosaic.com/vendors/the-wealth-mosaic/news/wealthtech-2022-is-live/
This is one of an expanding number of reports we've created at The Wealth Mosaic on technology in wealth management. Next up is our second ESG report, then our second Blockchain & DLT report, then our first US RIA WealthTech report.
https://www.thewealthmosaic.com/vendors/the-wealth-mosaic/news/wealthtech-2022-is-live/
This is one of an expanding number of reports we've created at The Wealth Mosaic on technology in wealth management. Next up is our second ESG report, then our second Blockchain & DLT report, then our first US RIA WealthTech report.
4 comments
Luisa F.
Mar 7, 2024

Hello Fintech Connector Community! I have a bank client looking for fintechs that are interested in bank sponsorship. If you're in the market for a bank sponsor, please message me.
6 comments
Angel L.
Apr 17, 2022

Another powerful report from FIS on global payments. This is a 156-report that gives you global payments trends, key insights, and other important ecosystem information.
The payments space continues to evolve with super apps, CBDCs, embedded finance, evolution of real-time payments, banking the unbanked, and more...
Check out the report and use it as a reference guide for what's happening and what's coming in payments.
I want to thank Ahmed Refaie Abdo from DSRPTD in the UAE for sharing it with me.
What are your thoughts? Steven Wasserman, Mario Cohen, Jaroslaw Sarwa, Angel Lorente, Carlos M. Mendes , Fabian Lehner , Elena Kozhemyakina , Jaroslaw Sarwa , Adam Ull , Sefa Bicer , Shafique Ibrahim
#fintechconnector #fintech #financialservices #innovation #payments #CBDC #cryptocurrency
The payments space continues to evolve with super apps, CBDCs, embedded finance, evolution of real-time payments, banking the unbanked, and more...
Check out the report and use it as a reference guide for what's happening and what's coming in payments.
I want to thank Ahmed Refaie Abdo from DSRPTD in the UAE for sharing it with me.
What are your thoughts? Steven Wasserman, Mario Cohen, Jaroslaw Sarwa, Angel Lorente, Carlos M. Mendes , Fabian Lehner , Elena Kozhemyakina , Jaroslaw Sarwa , Adam Ull , Sefa Bicer , Shafique Ibrahim
#fintechconnector #fintech #financialservices #innovation #payments #CBDC #cryptocurrency
5 comments
Master C.
Oct 5, 2022

Great seeing our Mexico Community Partner Sofia Gamboa on El Financiero Factor Fintec speaking with Sergio Loredo about fintech in Mexico.
Watch the interview here - https://www.elfinanciero.com.mx/video/tv/factor-fintech/2022/10/01/entrevista-con-sofia-gamboa-de-fintech-connector-por-sergio-loredo-factor-fintec-4-t4/
NOTE: The interview is in Spanish.
Watch the interview here - https://www.elfinanciero.com.mx/video/tv/factor-fintech/2022/10/01/entrevista-con-sofia-gamboa-de-fintech-connector-por-sergio-loredo-factor-fintec-4-t4/
NOTE: The interview is in Spanish.
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5 comments
Master C.
May 13, 2022

SWITZERLAND IS CALLING ALL FINTECH CONNECTOR MEMBERS...
Join us in Zurich in September for a networking lunch cruise around Lake Zurich.
RSVP today and meet members from over 10+ countries in one of the most beautiful cities in Europe.
Here is the link - https://www.eventbrite.com/e/fintech-connector-switzerland-networking-lunch-cruise-vip-dinner-registration-239437362597
#FinTechConnector #Community #Zurich #Events
Join us in Zurich in September for a networking lunch cruise around Lake Zurich.
RSVP today and meet members from over 10+ countries in one of the most beautiful cities in Europe.
Here is the link - https://www.eventbrite.com/e/fintech-connector-switzerland-networking-lunch-cruise-vip-dinner-registration-239437362597
#FinTechConnector #Community #Zurich #Events

2 comments
Angel L.
Nov 11, 2022

Great to see how we have come a long way since our Meet Ups at Hurley's in NYC to now travelling the world to connect people, opportunities, and capital. Looking forward to our 2023 FinTech Connector events being announced shortly.
Hope to have many of our members joining us on our Innovation Days, Cruises, and VIP Member Dinners.
Thanks to our Community Partners Fabian Lehner Jaroslaw Sarwa Elena Kozhemyakina Shmuel Ben Tovim Mario Cohen Narayanan Ganapathy Meriem Yacoubi Varsenia Stoyanova Aleksandra Ossowska Alfonso Ballesteros Ryohei Uetani Sofia Gamboa Vikas Bansal Shaul Lifshitz
Hope to have many of our members joining us on our Innovation Days, Cruises, and VIP Member Dinners.
Thanks to our Community Partners Fabian Lehner Jaroslaw Sarwa Elena Kozhemyakina Shmuel Ben Tovim Mario Cohen Narayanan Ganapathy Meriem Yacoubi Varsenia Stoyanova Aleksandra Ossowska Alfonso Ballesteros Ryohei Uetani Sofia Gamboa Vikas Bansal Shaul Lifshitz

1 comment
"What mechanisms do you think could enhance trust and transparency in such marketplaces?"
"Do you think advancements in blockchain and smart contracts can impact the efficiency and security of these transactions?"
I still believe having a well setup liquidity environment is still key to expanding the utilization of private market equities. That liquidity will lead to better price discovery, and a less volatile exchange environment.
What mechanisms do you think could enhance trust and transparency in such marketplaces? Also, do you think advancements in blockchain and smart contracts can impact the efficiency and security of these transactions? I'd love to hear your thoughts on these aspects Ravi Srikantan or Kiran Garimella
While reducing listings may streamline participant engagement, it can inadvertently limit options for clients.
I find auction-style transaction processes to offer a more conducive engagement model, potentially enhancing targeted liquidity and price discovery.
Addressing regulatory frameworks and introducing guidelines for institutional market makers could notably improve the situation.