Last year a record 5.4 million small businesses were formed as people sought to take control of their own career paths and become their own boss. That means there were 5.4 million opportunities for fintech providers to help these entrepreneurs when they needed it most - at the very beginning of their business journey. Yet, every single one of them was abandoned by fintech’s in favor of more stable, higher revenue SMBs, continuing the pattern of running from small businesses at their most vulnerable stage because data shows that most new businesses fail. Early-stage businesses are underserved in a crowded market, and don’t have the same needs or support as larger businesses. These brave new business owners need financial tools to help them grow and become successful, and right now, no fintech solution makes it easy for them. Instead, they are forced to stitch together different fintech products, racking up fees (and headaches) along the way. This session will cover why the fintech industry needs to find viable models that help these early-stage business owners be successful.
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Kevin will demonstrate the importance of APIs and how they enhance the customer/merchant experience. The three most import points discussed during this presentation will be: 1) The impact of APIs goes beyond the initial payment, as they offer support for what can happen afterwards through post backs/webhooks, reporting, and reconciliation of dispute management (chargebacks). 2) Most organizations put their focus on how to tee-up payments, but it’s also crucial to have the functionality of APIs to help automate processes and support customer needs. 3) Having real-time data available from APIs offers a better and more efficient merchant and customer experience across the board. Making loans and gathering deposits are core financial services activities. Advanced fintechs are utilizing funds transfer pricing (FTP) to help determine how to price these activities. This alone is challenging, but recent changes in key market rates (i.e., Libor phase-out and SOFR phase-in) are making this even more challenging. We will describe the fundamental basis for FTP, key components, and how changes in market interest rates are affecting FTP approaches in many financial institutions. If your institution is competing for loans and deposits, you need to understand this key component to pricing decisions for loans and deposits. The only constant in any industry is change, but it’s particularly applicable to Payments. Understanding how the industry is changing is vital to future-proofing your organization. In this session, Barry will discuss key principles of what will make up the future of fintech. Introduction: Payments are backbone of fintech. Key principles of people-focused payments: 1) Pain-free Payments: Customer expectations of ease continue to rise. If things aren’t easy, people abandon quickly. How seamless is payments…really? 2) Payments with Purpose: Let’s redefine the word “payments.” Payment = money + data. They must be connected. One w/o the other doesn’t work 3) Pliable Payments: Money has changed in form over the years…yet we still have most forms. Which wins? It shouldn’t matter to most businesses. 4) Protected Payments: While technology continues to push payments forward, the one constant in payments is trust. 5) Payments with Partners: Gone are the days where one company can do it alone. Payments is an ecosystem and that’s even more true today. Conclusion: When you put all these together, you get “unified payments”; that’s the future of fintech. We're happy to announce that Wall Street Technology Association (WSTA) has become an official marketing partner of the U.S. Fintech Symposium! The Wall Street Technology Association (WSTA®) provides financial industry technology professionals, vendors, service providers, and consultants with forums to learn from and connect with each other. The WSTA facilitates seminars and networking events where members meet and exchange ideas and best practices that assist them in effectively capitalizing on technology advances and dealing with financial industry business challenges. Founded in 1967, the WSTA is a not-for-profit association with a long history of evolving to meet the needs of its members. Click here to learn more about WSTA! New Session Announcement: B2B Embedded Finance - A New Opportunity for Efficiency & Growth?9/13/2022 The demand for embedded finance is on the rise in the business-to-business (B2B) landscape, transforming the way B2B companies buy and sell while creating new opportunities for fintech, corporate buyers, suppliers (especially SMBs), and non-financial institutions. This presentation will examine new factors and trends that are driving the emergence of B2B embedded finance, and delve into the needs fintechs can fulfill for the three sides of the B2B online transaction – suppliers, buyers, and the platforms they use - along with beyond-the-obvious benefits each experience from B2B embedded finance. This presentation will also demonstrate how invoice factoring, a lesser-known funding method, and industry partnerships create a B2B embedded finance strategy that’s a win-win-win-win for all involved (buyers, suppliers, platforms, and fintechs). The key takeaways from this presentation will be:
We live in an omnichannel world, one defined by consumers demanding convenience, flexibility, and accuracy in their shopping experiences. The technology used to power commerce has had to become more integrated to connect the customer experience across channels, platforms, and back-end systems. The connectedness of fintech is happening all around us. Whether it’s an e-commerce platform offering native payment processing solutions or a payment provider offering shipping services, the fintech model has become more streamlined to power positive purchasing experiences and merchant profitability as well as increase margins for technology providers. This session will look at how shifts in consumer behaviors and commerce patterns are created new pressures for fintech providers to own more of the customer experience, examples of fintech companies embedded other functions into their experiences, and the role APIs will play in an embedded-first future of fintech.
We're happy to announce that Crue, Fintech Finance and FinTech Magazine have become official marketing partners of the 2022 U.S. Fintech Symposium! Crue (Fintech Marketing by Envisonit) helps clients turn complex challenges into transacting customers. With over a decade of success driving growth for fintechs, Crue understand the complexities clients face and the speed of the industry. So Crue constructs a dedicated team of specialists who speak your language and have a track record of acquiring active customers. Click here to learn more about Crue! Fintech Finance works with renowned executives in the industry to provide key decision-makers globally within leading financial services organizations with reliable and accurate intelligence on emerging trends and breakthrough technologies, helping them to make informed decisions. Fintech Finance produces boundless video episodes looking at range of topics within financial services, as well as monthly printed publications, with a constant stream of online news plus coverage from attending some of the most prominent events within the sector. Click here to learn more about Fintech Finance! FinTech Magazine is the Digital Community for the Financial Technology (FinTech) industry. FinTech Magazine covers banks, challenger banks, payments, technology platforms, digital currencies and financial services - connecting the world’s largest community of banking and fintech executives. FinTech Magazine focuses on fintech news, key fintech interviews, fintech videos, along with an ever-expanding range of focused fintech white papers and webinars. Click here to learn more about Fintech. Magazine! What to become a Marketing Partner of the U.S. Fintech Symposium? Contact Us to Learn More!
Networking is a critical component of any successful conference. Therefore, the U.S. Fintech Symposium will be hosting (among other networking events) four fintech "Knowledge + Networking" session in the main conference ballroom. Each Knowledge + Networking session will be comprised of four distinct time periods:
Knowledge + Networking Sponsoring CompaniesTreaSolution is happy to announce that Clausematch will be a Knowledge + Networking Sponsor of the 2022 U.S. Fintech Symposium on May 3rd & 4th in Orlando, Florida! Clausematch will be sponsoring a Knowledge + Networking session, speaking at the event and company representatives will be exhibiting so attendees can learn more about their award-winning policy management, regulatory change management and compliance platform. About Clausematch ClauseMatch is an award-winning London-based regulatory technology company that enables financial institutions and other regulated companies to comply with their internal corporate governance documentation (standards, procedures, controls). It is a 2014 graduate of the inaugural Barclays accelerator programme, BBVA Open Talent challenge winner, and is in the top RegTech companies selected by CB Insights and Dow Jones. The solution brings unprecedented productivity and transparency for Compliance, Legal, Finance, Operations and Risk teams saving millions in terms of time and resources while significantly reducing risk and providing accountability. The company’s mission is to bring unprecedented transparency, accountability and efficiency to the regulatory implementation and compliance processes, therefore, giving employees more valuable time to spend on things that matter and they enjoy most of all. The U.S. Fintech Symposium was recently featured by Bizzabo in their "Fintech Conferences: The Best FinTech Events Guide for 2022." Specifically, Bizzabo states the following about the U.S. Fintech Symposium: "The Symposium offers more than just educational speeches — attendees can also network and make career-boosting connections. The Symposium provides six formal networking sessions, as well as the opportunity to schedule meetings with product and service providers and more." Thank you Bizzabo for featuring the U.S. Fintech Symposium! This presentation will discuss the compliance requirements that Fintechs need to go-live. Most early-stage Fintechs don’t have staff on-hand who understand what is required from a compliance perspective (i.e., policies/procedures, transaction monitoring for AML & fraud, KYC, etc.). Fintechs need mentorship / guidance in this area as they work with their sponsor bank before going live. Sarah will address these issues, and advise on industry best practices. TreaSolution is happy to announce that Empyrean Solutions will be a Gold Sponsor of the 2022 U.S. Fintech Symposium this May in Orlando. Empyrean Solution representative will be exhibiting at the U.S. Fintech Symposium. Also, we will be announcing an Empyrean Solution fintech webinar in the near future! About Empyrean Solutions Empyrean Solutions provides balance sheet and financial risk management software for financial institutions, including banks, credit unions, and fintechs. CFOs, treasurers, and financial managers look to Empyrean to provide the infrastructure they use in making decisions on balance sheet strategy, capital deployment, and risk mitigation. Our systems are developed by balance sheet and financial management practitioners to meet rigorous quality standards while achieving complete analytical coverage, ease of use, and speed of calculations. Our asset/liability management solution—Empyrean ALM—is the fastest growing solution in the market today with financial institutions from $500MM to over $200B in total assets on it today. These institutions turn to Empyrean for financial solutions software that help them increase efficiency, reduce operational costs, and more easily manage financial performance. Soon Empyrean will be offering Performance Management software for profitability, budgeting, and planning. With these offerings in place, Empyrean Solutions will have one of the only comprehensive financial management software suites for financial institutions in the market. The digital revolution has taken hold in consumer payments, where digital money movement is commonplace between individuals. Yet, nearly half of business payments are still made using paper checks. The demand for convenient, easy and safe digital payment options – which accelerated during the pandemic – combined with the opportunity Real Time Payments provides businesses, means 2022 is going to be a pivotal year for digital business payments. Hear from U.S. Bank how it is enabling the digital revolution for its millions of business customers, who are looking to adopt easy-to-use digital solutions for better cash management and day-to-day operations such as workflow, payroll, supply chain and more. Learn how payments are becoming more integrated into existing experiences, resulting in less friction, more agility and greater customer satisfaction. The key for fintech growth is global expansion. The critical path for global expansion is to have procedures and technologies in place to serve customers in any language and thereby guarantee customer satisfaction and maintain securities compliance. According to Common Sense Advisory, almost 87% of consumers who don’t speak English won’t even consider buying from an English website, and 74% of customers are more likely to purchase again from the same company if the aftersales care is in their own language. Attend this presentation to learn:
New Session Announcement: The Future of Open Banking and the Transformation of Treasury Management1/14/2022 Open banking is already a reality in the UK and Europe, and it’s only a matter of time before it blossoms in the U.S. market. Fintech stands ready to enable SMBs to reap benefits from ‘open banking,’ revolutionizing treasury management for small and medium businesses by leveraging their cash-on-hand in the same way large corporations do, without the costly overhead. The right fintech tools can allow SMBs to derive revenue from their cash and turn their financial departments into revenue generators. Fintech will deliver solutions that let SMB CFOs accurately track their cash flow in real-time and monetize short-term cash without having a department full of people dedicated to the task. Treasure CEO Sam Strasser will talk about the potential for fintech to drive open banking, how companies can capitalize on their transaction data, and what value those data have. He will also discuss how open banking can be transformative to ambitious and savvy SMBs in the U.S. and how open banking can supercharge treasury management and boost business growth. TreaSolution is happy to announce that Corcentric will be the Registration Booth Sponsor of the 2022 U.S. Fintech Symposium on May 3rd & 4th in Orlando, Florida. We're thankful for Corcentric's consistent support of the U.S. Fintech Symposium as they are a returning event sponsor from 2021! Corcentric will be the exclusive sponsor of the conference registration booth and company executives will be delivering a thought-leadership session. Additionally, Corcentric representatives will available at their exhibit booth to answer any questions about their procurement, A/P & A/R solutions. About Corcentric Corcentric helps companies leverage smarter services and technology in three major business areas to reduce operating costs, improve cash flow, and unlock the hidden value within their enterprise: Procurement, Accounts Payable Automation and Billing Solutions. Corcentric helps more than 2,300 companies enhance cash flow quickly through an unmatched combination of software, advisory services, and payments that transform how companies purchase, pay, and get paid. TreaSolution is happy to announce that Kiteworks will be the Great Conversations Sponsor of the 2022 U.S. Fintech Symposium on May 3rd & 4th in Orlando, Florida! Kitworks will be sponsoring four general sessions, speaking at the event and company representatives will be exhibiting so attendees can learn more about their content governance, compliance & protection solutions. About Kiteworks Kitework's mission is to empower organizations to effectively manage risk in every send, share, receive and save of sensitive content. To this end, we created Kiteworks a Content Governance, Compliance, and Protection platform. The platform enables customers to unify, track, control and secure sensitive content moving within, into, and out of their organization to reduce risk exposure and ensure regulatory compliance.
TreaSolution is happy to announce that Panini will be a Thought-Leadership Sponsor of the 2022 U.S. Fintech Symposium. Panini will be delivering a session at next year's conference and Panini representatives will be exhibiting at the conference so attendees can learn more about their biometric authentication, payment product and software solutions. About Panini Founded in Turin, Italy, Panini has enabled clients to capitalize on shifts in the global payments processing market for 75 years. Panini has a rich history of innovation, resulting in market leading solutions based on state-of-the-art engineering and ISO 9001 quality certified production. Panini improves customer efficiency and fraud prevention via trusted and innovative technologies for check truncation and secure identity. The company’s scalable check capture systems address the complete range of distributed capture opportunities, resulting in the world’s largest deployed base of scanners, and their expanding portfolio of secure identity technologies includes reliable, user-friendly options for identity verification and authentication. Panini operates on a global scale, and has a direct subsidiary in Dayton (OH), USA to cover strategic North American markets. For more information visit: www.panini.com. TreaSolution is happy to announce that Coviant Software will be an Event Exhibitor Sponsor of the 2022 U.S. Fintech Symposium! Coviant Software's representatives will be available for meetings so attendees can learn more about their powerful Managed File Transfer software! About Coviant Software Founded in 2004, Coviant Software delivers Managed File Transfer software that integrates smoothly with business processes, so you can more easily automate and control secure file transfer processes while reducing business risk. Diplomat Managed File Transfer software is built on industry standards, such as OpenPGP, secure FTP (SFTP and FTPS), SMTP, and SQL, to slip painlessly into your IT infrastructure. And, when technical problems with secure file transfers crop up, Diplomat Managed File Transfer software gives file transfer administrators the tools to resolve them quickly before they become business issues. Coviant Software solutions improve the productivity of file transfer administrators. With other solutions, file transfer experts must painstakingly program each step in a secure file transfer job using events, triggers, and do loops. Diplomat Managed File Transfer software uses Intelligent File Transfer™ design with embedded secure file transfer logic, so file transfer experts can quickly design and deploy file transfer jobs. And, better design means fewer errors and less time spent troubleshooting failed transfers. The Call for Speakers is open for the 2022 U.S. Fintech Symposium being held in Orlando, Florida on May 3rd & 4th, 2022. We are seeking speaking proposals from fintech thought-leaders who are interested in sharing their experiences, best practices, case-studies and/or research. There are two speaking options: 1.) a 50-minute presentation and/or 2.) a panel discussion. The ideal speaker will have extensive industry experience and be willing to share information about their session and the conference on social media. Learn more at: https://www.fintechsymposium.com/call-for-speakers.html During this session at the 2021 U.S. Fintech Symposium Vaneet Grewal, Managing Director, Financial Services at Box, will discuss areas of opportunity around the new client onboarding paradigm and how client servicing differentiation can be attained through smart solutions enabled by Cloud patterns. Attendees will also learn about some of the pitfalls involved in building out best in class Cloud solutions for the customer base of the future. Learn more about Vaneet's presentation. Early registration discounts are current available! Register today!
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