A glimpse into the future

2023. 21-22 November was the date of the
MoneyLIVE Payments Europe
conference at the Sugar Factory in Amsterdam, which aimed to foster collaboration and bring tangible progress in shaping the future of banking and payment services.

The event will serve as a platform for leaders in the payments ecosystem, bringing together experts from academia, technology and financial services to analyse the fundamental changes taking place in the banking industry and call for action. Guests included renowned speakers such as Joe Heneghan from Revolut, Tristan Krichner from Uber and Evelien Witlox from the European Central Bank.

The central theme of the conference was the future of the financial sector, whether traditional banks will adapt to the changing world and its needs, or whether disruptors will dominate and take advantage of this situation. However, due to the diversity of the areas involved and the divergent discourse, it is clear that the overall aim is in fact to develop a hybrid model that embraces innovation through disruptors while respecting regulations, emphasising the importance of dialogue and compromise with traditional market players.

The main themes of the conference were:

• Preparing for new payment infrastructures
• Innovation at the point of sale
• Fraud, financial crime
• Cross-border payments
• Embedded finance
• Digital currencies and CBDCs
• PayTech presentations

All in all, the conference is a forward-looking initiative that encourages international collaboration to leverage global and cross-platform and cross-partner synergies to drive successful change in banking and payments services, to create a compliant banking sector ready for the challenges of the future. We got a glimpse of this promising future at the MoneyLIVE Payments Europe conference.