IBS Intelligence Global FinTech Interviews

Avinash Godkhindi, MD & CEO, ZaggleWith recently launching ZikZuk and foraying into the Neo Banking space in India, FinTech Zaggle is looking to disrupt the Indian FinTech industry. The company learnt about the challenges faced by Founders to access credit, to meet their business expenses and also manage their working capital. Leandra Monteiro of IBSi discusses the same with Avinash Godkhindi, MD & CEO of Zaggle. 

Georg Westin, CEO, MaxifyMaxify is a Swedish venture capital firm specialising in early-stage investments and innovative product development. CEO Georg Westin himself has a clutch of successful past exits. Now, through Maxify he is seeking to champion new kinds of business and fresh economic models. By supporting innovative technologists with a mix of pre-seed or seed funding and mentoring, he is looking to support entrepreneurs who have the ‘wow’ factor but who need guidance as well as capital investment. Robin Amlôt of IBS Intelligence speaks to Georg Westin, CEO of Maxify.

Bruno Cambounet, Head of Research, Sopra Banking SoftwareOpen finance is the next evolution of open banking. However, consumers and banks are only beginning to get to grips with open banking itself. Does the industry need to educate consumers more or is the label ‘open’ not important to banking customers? Bruno Cambounet, Head of Research at Sopra Banking Software tells Robin Amlôt that he reckons the race to open finance is on and that banks need to be on board.

Matt Phillips, VP, Head of Financial Services, UK & Ireland, Diebold NixdorfDiebold Nixdorf partnered with NielsenIQ to conduct a study of 12,000 consumers in 11 countries. The report Motivations in Modern Banking - Beyond the ‘Who’: Understanding Why Consumers Respond in Certain Ways reveals 5 ‘Tech Types’ (consumer personas) and their motivations, desires and expectations around banking technology. Matt Phillips, VP, Head of Financial Services for UK and Ireland, at Diebold Nixdorf, discusses the findings with Robin Amlôt of IBS Intelligence.

Jack Momose, CEO, DegicaFrom an in-house solution to online payments, Degica has developed a global payments platform facilitating merchants’ access to Japan and Korea. Launched in 2014, KOMOJU is a platform that offers access to all major payment methods in Japan, Korea and China and incorporates FX functionalities to enable merchants based outside these countries to receive funds in their desired currency, while processing currencies native to local markets. 

Tom Thimot, CEO, authID.aiIn a survey conducted during Money 2020, authID.ai notes that most respondents expected to revaluate their enterprise security infrastructure in the coming year. The survey also showed 75% are moderately to highly concerned about risks associated with legacy data/identity protection options such as OTP and knowledge-based authentication. Robin Amlôt of IBS Intelligence discusses the issues with Tom Thimot, CEO of authID.ai.

Thanh-Long Huynh, CEO, QuantCubeData derived from Arabic social media increases the information available on crude oil more than five-fold, claims QuantCube. Accordingly, the firm has launched a Crude Oil Risk Sentiment Indicator using natural language processing algorithms and social media analytics in both Arabic and English. Processing this data into actionable insights, QuantCube says the Indicator can offer commodity traders and hedge funds an edge in the market with derived investment signals generating consistent Alpha. Robin Amlôt of IBS Intelligence spoke with Thanh-Long Huynh, CEO of QuantCube.

Arun Nayyar, CEO, NeoGrowth CreditDigital payments have the potential to become the entry point to the formal financial system for MSMEs in India, with the creation of payments track record that will allow these enterprises to borrow money without requiring the kind of documentation and data that traditional lenders normally require. Payments data thus becomes a key factor in extending financial inclusion. Robin Amlôt of IBS Intelligence speaks to Arun Nayyar, CEO of non-bank finance company NeoGrowth Credit which offers loans to the MSME sector by leveraging the digital payments ecosystem.

Marten Nelson, CEO & Co-Founder, M10 NetworksTokenised regulated liabilities mean regulators can have their cake and eat it. The benefits of digital currencies ought to be able to be provided to individuals and businesses while retaining the 2-tier monetary system. Regulation is coming – unregulated liabilities are incompatible with existing monetary systems and payment regimes. Robin Amlôt of IBS Intelligence discusses the issues with Marten Nelson, CEO of digital money technology provider M10 Networks.

James Fox, Director, Enterprise Cloud, ProtivitiA report by the Association for Financial Markets in Europe (#AFME) and Protiviti outlines potential key regulatory barriers to the greater adoption of #cloudservices in #capitalmarkets and provides recommendations for policymakers, regulators, and #CloudServiceProviders (CSPs) to assist #banks with their adoption. Building Resilience in the Cloud finds that, while banks are increasing migration to the cloud and identifying solutions to address regulatory concerns, two solutions that are becoming increasingly proposed by policymakers - #portability and #multi-cloud strategies – may introduce further barriers to adoption. Robin Amlôt of IBS Intelligence discusses the issues with James Fox, Director, Enterprise Cloud, of Protiviti