How cloud-based ecosystems are driving B2B innovation in fintech episode artwork

EPISODE · Nov 15, 2023 · 29 MIN

How cloud-based ecosystems are driving B2B innovation in fintech

from Converge · host Convera

B2B financial services are at an inflection point; business infrastructure is moving to the cloud, but financial services are lagging: they are fragmented, run on legacy tech, and lack scale and resiliency. At the nexus of driving this necessary change are integrated ecosystems of fintechs and financial cloud services providers offering businesses and financial institutions a ‘one-stop shop’ in emerging technologies for payment processing, data tokenization, AI/ML capabilities and much more - providing greater transparency, resiliency, speed, and scale. In the next phase of fintech innovation, API-enabled cloud B2B payment platforms will shape new ecosystems and bring together payments, risk, and cash management capabilities under one umbrella. Being cloud-native matters for ecosystems: They enable full customer lifecycle management with common experience across transactions, support, chat and telephony - all native on the cloud. Cloud-native B2B payments ecosystems will have access to a plethora of innovation in tokenization, payments, and AI/ML. Learn how these ecosystems will leverage Explainable-AI (XAI) and Generative AI alongside the “white box” requirements for the compliance and regulatory standards that must be upheld within our industry. Join Dharmesh Syal, Chief Technology Officer at Convera, Mick Fennel, Head of Payments EU for Temenos, and Nilesh Dusane, Head of Intuitional Payments for AWS as they discuss this massive value creation opportunity.

B2B financial services are at an inflection point; business infrastructure is moving to the cloud, but financial services are lagging: they are fragmented, run on legacy tech, and lack scale and resiliency. At the nexus of driving this necessary change are integrated ecosystems of fintechs and financial cloud services providers offering businesses and financial institutions a ‘one-stop shop’ in emerging technologies for payment processing, data tokenization, AI/ML capabilities and much more - providing greater transparency, resiliency, speed, and scale. In the next phase of fintech innovation, API-enabled cloud B2B payment platforms will shape new ecosystems and bring together payments, risk, and cash management capabilities under one umbrella. Being cloud-native matters for ecosystems: They enable full customer lifecycle management with common experience across transactions, support, chat and telephony - all native on the cloud. Cloud-native B2B payments ecosystems will have access to a plethora of innovation in tokenization, payments, and AI/ML. Learn how these ecosystems will leverage Explainable-AI (XAI) and Generative AI alongside the “white box” requirements for the compliance and regulatory standards that must be upheld within our industry. Join Dharmesh Syal, Chief Technology Officer at Convera, Mick Fennel, Head of Payments EU for Temenos, and Nilesh Dusane, Head of Intuitional Payments for AWS as they discuss this massive value creation opportunity.

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How cloud-based ecosystems are driving B2B innovation in fintech

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This episode is 29 minutes long.

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This episode was published on November 15, 2023.

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B2B financial services are at an inflection point; business infrastructure is moving to the cloud, but financial services are lagging: they are fragmented, run on legacy tech, and lack scale and resiliency. At the nexus of driving this necessary...

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